Dolphin Drilling ASA files for bankruptcy

Reference is made to the previous stock exchange communications of Dolphin Drilling ASA (the "Company") with respect to its financial situation and restructuring efforts.

Regretfully, the creditors of Dolphin Drilling ASA have not been able to agree on the terms for a consensual restructuring, and the secured creditors have demanded payment of all amounts outstanding under the secured debt of the Company. As per the resolution of the board, the Company will file for bankruptcy today on 26 April 2019.

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