Rechercher Contact
Cette page est disponible dans plusieurs langues
Select Language

Dolphin Drilling lists on Euronext Growth

Back

  • 11th listing on Euronext Growth Oslo and 66th listing on Euronext so far in 2022
  • Brings the total number of companies listed on Euronext Growth Oslo to 115
  • Market capitalisation of approximately NOK 1.9 billion

 

Oslo – 28 October 2022 – Oslo Børs, part of the Euronext Group, today congratulates Dolphin Drilling AS (ticker: DDRIL) on its admission to Euronext Growth Oslo. This is the 11th admission on Euronext Growth Oslo in 2022, and the 13th listing this year in total in Norway. With the listing of Dolphin Drilling, there are 115 companies listed on Euronext Growth Oslo. This is the third drilling company listed in 2022.

Dolphin Drilling delivers offshore drilling services to the harsh environment and mid-water market, and the company has a fleet of three drilling rigs. The company has 55 years of operational experience and has offices in Norway, UK, Brazil, Nigeria and Mexico.

At opening, the share price was set at NOK 15.50 per share, based on the closing price on NOTC 27th October. This corresponds to an estimated market capitalisation of NOK 1.9 billion.

Bjørnar Iversen, CEO of Dolphin Drilling, said: “The first day of trading represents an important milestone for Dolphin Drilling, as returning as a publicly traded company has been a cornerstone of our financial strategy. Dolphin Drilling returns to the stock exchange in a period of improving earnings potential for rigs in a tightening rig supply market. Dolphin Drilling has attractive assets, a strong team and a solid platform to leverage on the favourable offshore market development with improved rates. The most recent contract for Blackford Dolphin underlines the potential of the company and its assets, and we believe Dolphin Drilling will capitalise on the improved outlook for the oil services and offshore sectors.”

Bell ringing Dolphin Drilling Oslo Børs

Caption: Bjørnar Iversen, CEO of Dolphin Drilling, and Martin Nes, Chairman, rang the bell this morning to celebrate the company’s admission to Euronext Growth Oslo. They were welcomed by Øivind Amundsen, CEO of Oslo Børs (Photo: Thomas Brun/ NTB)

 

About Dolphin Drilling AS

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 strong operational track record. The company has approximately 260 offshore and onshore employees, and onshore locations in Norway, Scotland, Brazil, Nigeria, and Mexico. For more information, go to www.dolphindrilling.com

Download press release - Dolphin Drilling

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2024, Euronext N.V. - All rights reserved.