Report for the 4th quarter 2018 and preliminary results for 2018

Figures in USD

DOLPHIN DRILLING ASA (DDASA) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF - 26 MILLION FOR THE 4TH QUARTER 2018 AND EBITDA OF - 71 MILLION FOR THE YEAR 2018

HIGHLIGHTS FOR THE QUARTER

  • Revenues were 39 million
  • EBITDA were -26 million
  • Operating profit (EBIT) was -153 million
  • Profit before tax was -154 million
  • Earnings per share were -2.31

Post quarter event

  • Entered into LOI for Blackford Dolphin/Borgland Dolphin
  • Borgland Dolphin - settlement of 14 million

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