Gulf Oil and Gas accountACCOUNT

Borr Drilling Regains Compliance with NYSE Continued Listing Standard

Source: www.gulfoilandgas.com 7/3/2020, Location: North America

Borr Drilling Limited (“Borr”) (BDRILL), refers to its announcement on May 12, 2020 regarding the written notice received from the New York Stock Exchange (the “NYSE”) that the Company was not in compliance with the NYSE continued listing standard with respect to the minimum average share price required by the NYSE (the “Continued Listing Standard”) because the average closing price of its common shares had fallen below $1.00 per share over a period of 30 consecutive trading days.

The Company has received a letter from the NYSE, confirming that the Company’s average stock price for the 30 trading day period ended June 30, 2020 was above the NYSE’s minimum requirement of $1.00. Accordingly, the Company has regained compliance with the Continued Listing Standard.

Financials and Investment News in United States >>

United Kingdom >>  8/11/2020 - - Continuing to safely execute our projects and operations worldwide

- On track to deliver US$125 million of cost savings in 2020 and up to...

Saudi Arabia >>  8/9/2020 - The Saudi Arabian Oil Company has announced its results for the second quarter and first half of 2020, highlighting the Company’s financial and operat...

Nigeria >>  8/8/2020 - In its bid to meet the target of revving up production to 3million barrels per day and unlock gas revenues to the tune of about $225 million in the sh...
Hungary >>  8/7/2020 - Highlights of the period:
- Clean CCS EBITDA declined by 44% in Q2 2020 to USD 353mn, bringing H1 Clean CCS EBITDA to USD 975mn, 15% lower YoY ...


Mozambique >>  8/6/2020 - The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, is supporting the advancement of Mozambique’s ...
Israel >>  8/5/2020 - 1- On August 4, 2020, the pricing process of the Issue was completed, in which offers were received for the purchase of the Bonds in an amount signif...




United States Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.