15 September 2022
Leading harsh environment and deepwater drilling contractor, Dolphin Drilling, has confirmed that it will be activated on the Euronext N-OTC list as of tomorrow (Thursday 15 September 2022).
The listing is the first step towards a public listing of the Company on Euronext Growth Oslo by the end of October.
The listing was confirmed by CEO, Bjørnar Iversen during his presentation at the Pareto Securities’ 29th Annual Energy Conference in Oslo.
Bjørnar Iversen, Chief Executive Officer at Dolphin Drilling said: “This is an exciting announcement for the company and returning the company to the public markets further strengthens our commitment to our growth strategy. Our three harsh environment semi submersibles are fit for purpose and ready to be part of the solution to the looming energy crisis. We are grateful to our existing and new shareholders for their support to date and look forward to supporting our clients in the future”
Chief Financial Officer for Dolphin Drilling, Stephen Cox, commented: “This is huge step for Dolphin Drilling as we return to capital markets. It will provide the company with more flexibility to support our growth strategy while generating maximum return for our shareholders”.
Photo caption L-R: Bjørnar Iversen, Chief Executive Officer at Dolphin Drilling and Chief Financial Officer for Dolphin Drilling, Stephen Cox
Dolphin Drilling is a leading harsh environment drilling contractor for the offshore oil and gas industry. Dolphin Drilling is on a mission to deliver hyper-connected drilling services to the harsh environment and mid-water markets – bringing a new level of real-time information, cost efficiency, and low-carbon operation to support client ambitions. Working hand in hand with our clients, Dolphin Drilling continues to move the industry forward, delivering operational excellence by exploring new ways of working together and championing innovative technologies that bring responsible solutions to the world’s energy challenges.
Tracing its roots back to the mid-1960s, Dolphin Drilling today operates a fleet of three fourth and fifth-generation drilling rigs, the Borgland Dolphin, Blackford Dolphin, and Bideford Dolphin, from offices in Stavanger, Aberdeen, Mexico, and Brazil. For more information visit www.dolphindrilling.com.