AMF - announcement - (1) ezion secures a contract ... value of up to USD80.3M..... to support a european oil major in the north sea (2) divestment of one unit of multi-purpose self-propelled jack up rig (iftboat)

This just came out 3 minutes ago. Positive news both in short term and long term.

Ezion has been halted for a couple of days pending these announcements.

We do not currently cover this stock. Consensus FV is $0.97 (before any changes with regard to this news).



Best Regards,





See attachment - announcements

1) Ezion Secures A Contract With A Value Of Up to USD80.3 Million Over A 4-Year Period To Provide A Second Service Rig To Support A European Oil Major In The North Sea

2) Divestment Of One Unit Of Multi-Purpose Self-Propelled Jack Up Rig (Liftboat)