Oslo, 8 May 2024: Reference is made to the stock exchange announcements by
Dolphin Drilling AS (the "Company") (ticker code: DDRIL) on 10 April 2024
regarding the successful private placement of 72,000,000 new shares in the
Company at a subscription price of NOK 6 per share (the "Private Placement") and
30 April 2024 regarding the minutes from an extraordinary general meeting held
on the same date.
The share capital increase pertaining to tranche 2 of the Private Placement has
today been registered with the Norwegian Register of Business Enterprises. The
Company's new share capital is NOK 291,890,099 divided into 291,890,099 shares,
each with a par value of NOK 1.00.
For further information, please contact:
Ingolf Gillesdal, email: ingolf.gillesdal@dolphindrilling.com, tel: +47 920 45
320
Dolphin Drilling is a leading harsh environment drilling contractor for the
offshore oil and gas industry. Dolphin Drilling owns a fleet of four high
technical standard 4th and 5th generation enhanced Aker H3 and H4 units,
Borgland Dolphin, Blackford Dolphin, Paul B. Loyd, Jr. and Dolphin Leader
operated by an experienced team with a strong operational track record. The
company has offshore and onshore offices and operations in Norway, Scotland,
Brazil, and Nigeria.