Tuesday 20 October 2020

Shelf Drilling, Ltd. (“Shelf Drilling” or the “Company”, OSE: SHLF) announced today that it has received a notification from customer on suspension of operations for the Main Pass I jack-up rig for a period of up to 12 months. The foregoing suspension at zero dayrate is effective October 2020 and will automatically extend the term of the contract for a period equal to the suspension period.