Dolphin Drilling AS – Update on Blackford Dolphin
(Oslo, 21 May 2024) Dolphin Drilling AS (Dolphin Drilling, OSE:DDRIL) refers to the 10 May 2024 and 15 May 2024 announcements regarding the termination of the drilling contract with General Hydrocarbons Limited (GHL), and the request for arbitration to pursue the recovery of sums remaining due by GHL. As reported on 15 May 2024, a mutually acceptable sole arbitrator has been appointed by the Nigerian courts. On 20 May 2024, the court directed that an existing interim injunction, to maintain status quo, continue in force pending orders by the arbitrator. The Company shall be making