The termination of the contract is disputed by GHL. GHL have also filed a Request for Arbitration and, additionally, have made an application to the Nigerian courts for an interim injunction seeking to maintain status quo, pending the appointment of an arbitrator. The Company is, together with its external counsel in
The Company will continue to update the market on any material developments in the arbitration and court processes.
For further information, please contact:
Ingolf Gillesdal, Corporate Finance and Investor Relations, tel: +47 920 45 320
https://news.cision.com/dolphin-drilling-as/r/dolphin-drilling-as---update-on-blackford-dolphin-and-earlier-announced-notice-of-contract-terminati,c3976966
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