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Consistent Q3 for Capital Drilling

London-listed Capital Drilling last week said its September quarter results showed a 6.1% increase in quarter-on-quarter revenue from US$27.7 million to $29.4 million, with the company reiterating a 2019 guidance figure of $110-120 million.

Consistent Q3 for Capital Drilling Consistent Q3 for Capital Drilling Consistent Q3 for Capital Drilling Consistent Q3 for Capital Drilling Consistent Q3 for Capital Drilling

The numbers were, however, 5.2% down year on year, while year-to-date revenues lagged by 1.2%, sliding from $85.5 million in 2018 to $84.1 million this year.