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October 13, 2015 10:55 PM ET

Energy Equipment and Services

Company Overview of Eurasia Drilling Company Limited

Company Overview

Eurasia Drilling Company Limited provides exploratory and developmental drilling and oil and gas field services to companies operating within the Russian Federation, Iraq, and the Caspian Sea region. It operates through two segments, On-shore Drilling Services and Off-shore Drilling Services. The company offers onshore drilling services, including construction of production, exploration and appraisal oil and gas wells, as well as other types of wells, including vertical, deviated, and horizontal wells. It also provides onshore workover services comprising well servicing; and workover of existing production oil and gas and other types of wells, as well as completion services for new productio...

No. 53, Mykonos Court

Aristide Charalambous 2

Nicosia,  1077


Founded in 2002

Key Executives for Eurasia Drilling Company Limited

Eurasia Drilling Company Limited does not have any Key Executives recorded.

Eurasia Drilling Company Limited Key Developments

Eurasia Drilling Company Limited Announces Board Appointments

Eurasia Drilling Company Limited appointed Messrs Murat Sampiev, Alexander Bogachev and Taleh Aleskerov as Directors to fill current vacancies on the Board. Murat Sampiev will be a Class I Director, Alexander Bogachev will be a Class I Director and Taleh Aleskerov will be a Class II Director.

Eurasia Drilling Company Limited Announces Board Changes

Eurasia Drilling Company Limited announced that Messrs. Richard Anderson, Maurice Dijols, Jed DiPaolo, Martin Hanson and Anatoliy Kozyrev have resigned as directors of the company effective October 1, 2015.

Eurasia Drilling Company Limited Reports Earnings Results for the First Eight Months of 2015

Eurasia Drilling Company Limited reported earnings results for the first eight months of 2015. For the period, the company reported net profit of $143 million, down 50% from the same period last year. Revenue fell 57% to $1.2 billion and EBITDA dropped 46% to $317 million.

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