Dolphin Drilling AS – First quarter 2024 financial results
(Oslo, 29 May 2024) Dolphin Drilling AS (Dolphin Drilling, OSE: DDRIL) today announced its unaudited results for the three months ended 31 March 2024. The highlights and subsequent events include: · Operating revenues of USD 10.1 million, EBITDA of USD (17.0) million, and earnings per share of USD (0.08) · Seamless integration of Paul B Loyd, Jr., on contract for Harbour Energy Ltd in the UK · New contract with Oil India for Blackford Dolphin · Reactivation and scheduled yard-stay underway for Borgland Dolphin. The rig’s next contract is with EnQuest Ltd in the UK · Sale