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Shelf Drilling Ltd
One JLT
Floor 12, Jumeirah Lakes Towers,
Phone: +971 45673400p:+971 45673400 DUBAI, KY1-1110  United Arab Emirates Ticker: SHLFSHLF

Business Summary
Shelf Drilling Ltd is a United Arab Emirates-based entity which is primarily engaged in providing water offshore contractor services. The Company’s services include providing equipment for the drilling, completion, maintenance and decommissioning of oil and natural gas wells. It focuses on shallow water operations in depths of approximately up to 375 feet and fleet consists of 30 independent-leg cantilever (ILC) jack-up rigs. The Company has one reportable segment which is Contract Services it includes rigs comprising fleet operation in a single market. The Company’s subsidiaries include Shelf Drilling (Egypt) Limited, Shelf Drilling Holdings, Ltd. (SDHL) among others. The Company’s customers are national oil companies (NOCs), international oil companies (IOCs) and independent oil and natural gas companies, who contract the rigs for varying durations.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-YesYes--

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2022Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Lead Independent Director Ernie L.Danner 69 8/1/2024 11/1/2018
Executive Chairman of the Board DavidMullen 65 8/1/2024 10/1/2012
Chief Executive Officer GregoryO'Brien 36 8/1/2024 3/1/2016
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Shelf Drilling (North Sea) Ltd One JLT, Floor 12, Jumeirah Lakes Towers DUBAI United Arab Emirates
Shelf Drilling Holdings, Ltd. One JLT, Jumeirah Lakes Towers Dubai United Arab Emirates
Shelf Drilling Midco, Ltd. One Capital Place, 3rd Floor George Town Cayman Islands

Business Names
Business Name
6SD
Shelf Drilling Holdings, Ltd.
Shelf Drilling Midco, Ltd.
Shelf Drilling North Sea Ltd
SHLF

General Information
Number of Employees: 2,453 (As of 12/31/2022)
Outstanding Shares: 213,700,000 (As of 12/31/2023)
Stock Exchange: OSL
Fax Number: +971 44561037


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Friday, March 29, 2024