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Archer Ltd
Sandnesveien 358
Phone: +47 51308000p:+47 51308000 SANDNES, 4312  Norway Ticker: ARCHARCH
Business Summary
Archer Limited is an international oilfield service company. Its segments include Platform Operations, Well Services, and Land Drilling. The Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services. The Well Services segment includes its oil tools, coil tubing and wireline service divisions. It is also focused on renewable energy services, which includes geothermal drilling for electricity, district heating, carbon storage, floating offshore wind, wind turbine services, and hydropower services. Its comprehensive drilling and workover services include platform drilling, land drilling, directional drilling, drill bits, modular rigs, engineering and equipment rentals, and a select range of well delivery support services and products. It operates in 40 locations providing drilling services, well integrity and intervention, plug and abandonment and decommissioning to its upstream oil and gas clients. It also focused on oil and gas fishing operations.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023YesYes---

Industries
SIC Code Description
1381 Drilling oil and gas wells
1389 Oil and gas field services, not elsewhere classified
3533 Oil and gas field machinery and equipment
7359 Equipment rental and leasing, not elsewhere classified
8711 Engineering services
7378 Computer maintenance and repair

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer DagSkindlo 55 3/10/2020 4/29/2016
Chief Financial Officer EspenJoranger 3/10/2020 3/10/2020
Executive Vice President and General Counsel Max L.Bouthillette 55 8/1/2010 8/1/2010
7 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
DeepWell AS Husoyvegen 171 Avaldsnes Norway
Archer AS Sandnesveien 358 Sandnes Norway
Archer Norge AS Sandnesveien 358 SANDNES Norway
12 additional Subsidiary records available in full report.

Business Names
Business Name
0P4K
0RBA
8SW1
52 additional Business Names available in full report.

General Information
Number of Employees: 5,074 (As of 9/30/2024)
Outstanding Shares: 64,970,598 (As of 9/30/2024)
Stock Exchange: OSL


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Wednesday, January 29, 2025