Spetalen’s Standard ETC buys into Dolphin Drilling
Øystein Stray Spetalen-controlled S.D. Standard ETC, formerly known as Standard Drilling, has acquired a 25% stake in Norwegian semisub rig owner Dolphin Drilling for $10m through an equity issue. The deal includes warrants to invest an additional $5m, bringing the total ownership up to 32.5 %. Spetalen and Martin Nes will join the board of …
Øystein Stray Spetalen-controlled S.D. Standard ETC, formerly known as Standard Drilling, has acquired a 25% stake in Norwegian semisub rig owner Dolphin Drilling for $10m through an equity issue. The deal includes warrants to invest an additional $5m, bringing the total ownership up to 32.5 %. Spetalen and Martin Nes will join the board of …
[post_title] => Spetalen’s Standard ETC buys into Dolphin Drilling
[post_excerpt] => Øystein Stray Spetalen-controlled S.D. Standard ETC, formerly known as Standard Drilling, has acquired a 25% stake in Norwegian semisub rig owner Dolphin Drilling for $10m through an equity issue. The deal includes warrants to invest an additional $5m,...
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[post_modified] => 2022-05-06 10:28:54
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