Ability Drilling ASA - Financial Analysis Review
23 Nov 2010
Available for Immediate Download
Ability Drilling ASA – Financial Analysis Review Summary Ability Drilling ASA (Ability Drilling) is an onshore drilling contracting company. The company serves as drilling operator to oil and gas industry. In addition, Ability Drilling also provides R & P rigs, which is helpful in drilling, snubbing and performing work over on wells worldwide. The company will commence its first drilling rig operation in Jordan in 2008(May) and the second in Germany in August or September 2008. GlobalData’s Ability Drilling ASA - Financial Analysis Review provides a comprehensive insight into the company’s history, business structure and operations. The report contains information on the company’s key employees, key competitors and major products and services, as well as detailed financial ratios for the last 5 years. Ability Drilling ASA Key Recent Developments: Aug 21, 2009: TTS Marine Files Lawsuit Against Ability Drilling Subsidiaries May 26, 2009: Ability Drilling To File Bankruptcy Petition May 25, 2009: Ability Drilling Cancels Rig No. 1, Files New Claim Against TTS Sense Of NOK141.5 Million May 20, 2009: Ability Drilling Receives Bankruptcy Petition Filing From TTS Sense Apr 29, 2009: Ability Drilling Cancels Order With TTS Sense For Rig No. 2 This up-to-the-minute company report will help you to formulate strategies to drive your business by enabling you to understand your partners, customers and competitors better. Scope - Business description – A detailed description of the company’s operations and business divisions. - Company history – Progression of key events associated with the company. - Major products and services – A list of major products, services and brands of the company. - Key competitors – A list of key competitors to the company. - Key employees – A list of the key executives of the company. - Executive biographies – A brief summary of the executives’ employment history. - Key operational heads – A list of personnel heading key departments/functions. - Important locations and subsidiaries – A list of key locations and subsidiaries of the company, including contact details. - Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history. - Interim ratios for the last five interim periods – The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history. Note: Some sections may be missing if data is unavailable for the company. Reasons to Buy - Gain key insights into the company for academic or business research purposes. Key elements such as detailed business description and financial ratios and charts are incorporated in the profile to assist your academic or business research needs. - Identify potential customers and suppliers with this report’s analysis of the company’s business structure, operations, major products and services. - Examine potential investment and acquisition targets with this report’s detailed insight into the company’s business, financial and operational performance. Financial ratios presented for major public companies in the report include; revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.