Sevan Drilling Limited announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported operating revenue was $45.9 million against $61.5 million a year ago. Operating profit was $4.9 million against $12.5 million a year ago. Loss before tax was $12.5 million against $6 million a year ago. Net loss attributable to equity holders of the company was $12.7 million against $7.4 million a year ago. Diluted loss per share was $0.43 against $0.25 a year ago. The decrease in revenue primarily relates to the conclusion of the Sevan Louisiana contract, on June 10, 2017, and the Sevan Driller being idle for a full quarter in 2017. In second quarter 2017, the Sevan Brasil achieved technical utilization of 96.5% against 99.5% of second quarter 2016 and the Sevan Louisiana achieved 99.7% against 96.9% of second quarter 2016. The Sevan Driller was idle during the quarter 99.4% of second quarter 2016. For the period, the company reported operating revenue was $101 million against $114.3 million a year ago. Operating profit was $15.2 million against $7.8 million a year ago. Loss before tax was $19.8 million against $27.5 million a year ago. Net loss attributable to equity holders of the company was $20.2 million against $27.8 million a year ago. Diluted loss per share was $0.68 against $0.94 a year ago. Net cash flow generated from operating activities was $32.3 million against $44.8 million a year ago. Purchases of property, plant and equipment and other non-current assets was $0.2 million against $2.4 million a year ago.