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Dolphin Drilling As
11/27/2024
good day and thank you for standing by welcome to the dolphin drilling presentation of the third quarter 2024 financial results webcast and conference call at this time all participants are in a listen-only mode after the speaker's presentation there'll be a question and answer session to ask a question during the session you will need to press star one and one on your telephone you will then hear an automated message advising your hand is raised to withdraw your question please press star one and one again Alternatively, you may submit your question via the webcast. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Bjørnar Iversen, President and CEO.
Please go ahead.
Ladies and gentlemen, thank you for joining us for Dolphin Drilling's third quarter 2021 financial results presentation. We're excited to share our latest updates of the company and inside with you guys. Today, we will present our financial performance, operational highlights, and the key events that has led us to this point. I'm Bjørnar Iversen, the CEO of Dolphin Drilling, and with me today, I have CFO, Chief Financing Officer, Stephen Cox, and Ingolf Gillesdael from Investor Relations. Before delivering or diving into the details of our financial performance this quarter, I'd like to highlight some key developments that demonstrate our progress. We recently celebrated a significant milestone with the successful commencement of the Blackford Dolphins exploration drilling campaign in partnership with our client Oil India Limited. This marks a very important transition for our company as we move to a period with two active operations for the group. Furthermore, I'm pleased to report that the Paul B. Lloyd Jr. continues to deliver strong results with no recorded incidents for the quarter and maintaining a very high rig uptime. This consistent performance underscores our commitment to operational excellence and safety across our fleet. We kindly ask you to take a moment after this presentation to review the important elements of the disclaimer. In today's session, we will cover our third quarter financials, safety and operational performance and other key developments. We'll also discuss the company's solid revenue backlog position and our ongoing efforts to ensure all of our rigs continue to operate safely and remain under contract. Following our prepared presentation we open up the floor for questions and we look forward to a productive discussion. We appreciate your continued support and interest in dolphin drilling. Let's start by examine the key financials and material events for the third quarter as well as subsequent developments. I now hand over to our CFO, Stephen Cox, to begin the review.
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