Dolphin Drilling

DDRIL

NO0012595950

Oil & Gas Drilling

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-26 am EDT			5-day change	1st Jan Change
6.42 ^NOK	+0.31%		+5.25%	-24.20%

Apr. 11	Dolphin Drilling Raises NOK432 Million via Private Placement	MT
Mar. 27	Dolphin Drilling to Settle Outstanding Payments with General Hydrocarbons	MT

Dolphin Drilling AS: Letter of Award from Oil India Limited

October 19, 2023 at 07:04 am EDT

Oslo, 19 October 2023

Dolphin Drilling AS (Dolphin Drilling, OSE: DDRIL), make reference to the earlier announcement on September 14, 2023 and today's public announcement by Oil India Limited. Dolphin Drilling has today received a Letter of Award (LOA) for a drilling campaign from Oil India Limited for a 14-month firm period, extendable by another 7 months. The LOA is subject to signed final contract.

ENDS

For further information, please contact:

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

Dolphin Drilling | www.dolphindrilling.com
Dolphin Drilling is a leading harsh environment drilling contractor for the offshore oil and gas industry. Dolphin Drilling owns a fleet of three high-technical standard 4th and 5th generation enhanced Aker H3 units, Borgland Dolphin, Blackford Dolphin, and Bideford Dolphin, operated by an experienced team with a strong operational track record. The company has offshore and onshore employees, and onshore locations in Norway, Scotland, Brazil, and Nigeria.

https://news.cision.com/dolphin-drilling-as/r/dolphin-drilling-as--letter-of-award-from-oil-india-limited,c3856961

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	OIL INDIA LIMITED	628.4 INR	+2.59%	+4.75%	8.17B
	DOLPHIN DRILLING	6.42 NOK	+0.31%	+5.25%	128M

Latest news about Dolphin Drilling

Dolphin Drilling Raises NOK432 Million via Private Placement	Apr. 11	MT
Dolphin Drilling to Settle Outstanding Payments with General Hydrocarbons	Mar. 27	MT
Dolphin Drilling AS Announces Agreement with General Hydrocarbons Limited	Mar. 26	CI
Dolphin Drilling AS Secures USD 154 million Drilling Contract from Oil India Ltd	Mar. 15	CI
Dolphin Drilling to Sell Rig for Scrap	Mar. 15	MT
Dolphin Drilling AS Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 26	CI
Dolphin Drilling AS Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 26	CI
Dolphin Drilling AS Close Transaction and Commences Operations for Acquired Transocean Rigs	Feb. 15	CI
Dolphin Drilling Initiates Operations, Finalizes Transfer of Ownership for Rigs from Transocean	Feb. 15	MT
Dolphin Drilling AS Commences Operations for Acquired Transocean Rigs	Feb. 15	CI
Dolphin Drilling Receives $3 Million Partial Due Payment from General Hydrocarbons	Feb. 02	MT
Dolphin Drilling AS Announces New Loan Facility Signed	Dec. 22	CI
Dolphin Drilling AS Announces Letter of Intent for A 500-Day Drilling Campaign with an Undisubmersible Operator in the UK	Dec. 22	CI
Certain Shares of Dolphin Drilling AS are subject to a Lock-Up Agreement Ending on 19-DEC-2023.	Dec. 18	CI
Dolphin Drilling AS Terminates Peak Petroleum Contract	Dec. 01	CI
Dolphin Drilling Ends Rig Contract with Peak Petroleum	Dec. 01	MT
Dolphin Drilling Wins EnQuest Drilling Program Contract	Nov. 28	MT
Dolphin Drilling AS Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 28	CI
Dolphin Drilling Receives Contract for Borgland Dolphin by Enquest plc in the UK	Nov. 28	CI
Dolphin Drilling Obtains Uk Acceptance for Paul B. Loyd, Jr. Safety Case	Nov. 10	CI
UK Regulator Accepts Safety Case for Dolphin Drilling's Purchase of Semi-submersible Rig from Transocean	Nov. 10	MT
Dolphin Drilling Gets Letter of Award for 14-month Drill Campaign	23-10-19	MT
Dolphin Drilling AS Announces Changes to the Board of Directors	23-10-17	CI
Dolphin Drilling AS is Lowest Bidder for Drilling Contract in India	23-09-14	CI
Dolphin Drilling Starts Subscription Period for Subsequent Offering	23-08-30	MT

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Company Profile

Dolphin Drilling AS, formerly NFH 220436 AS, is a Norway-based drilling contractor for the offshore oil and gas industry. The Company's mission is to deliver hyper-connected drilling services to the harsh environment and mid-water market. Dolphin Drilling owns a fleet of three high-technical standard 4th and 5th generation enhanced Aker H3 units, Borgland Dolphin, Blackford Dolphin, and Bideford Dolphin, operated by an experienced team with operational track record. The Company operates in Norway, the United Kingdom, Brazil and Mexico.

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Oil & Gas Drilling

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BUY

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0.5813 USD

Average target price

0.9093 USD

Spread / Average Target

+56.43%

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