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Dolphin Drilling AS M&A Activity 2024

Jun 12, 2024

3582_rns_2024-06-12_de505433-a3bc-4767-bcb6-75211f0a2dc9.html

M&A Activity

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Dolphin Drilling announces sale of Dolphin Leader for recycling

Dolphin Drilling announces sale of Dolphin Leader for recycling

Dolphin Drilling AS (Dolphin Drilling, OSE: DDRIL) has made the strategic

decision to sell and recycle the drilling rig Dolphin Leader. This decision

aligns with Dolphin Drilling's ongoing efforts to optimise its fleet and enhance

operational efficiency. Dolphin Drilling will collect net $5.8 million for the

rig when sold. Dolphin Leader will be recycled in a responsible manner in

accordance with applicable international standards.

For further information, please contact:

Ingolf Gillesdal, Corporate Finance and Investor Relations, tel: +47 920 45 320

Dolphin Drilling | www.dolphindrilling.com