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The latest update is out from Shelf Drilling ( (SHLLF) ).
Shelf Drilling has announced the completion timeline for its merger with ADES International Holding, expected to finalize on November 25, 2025. The merger will result in the delisting of Shelf Drilling from the Oslo Stock Exchange, with shareholders receiving cash consideration for their shares. The company will also issue redemption notices for its outstanding senior secured notes as part of the merger process.
The most recent analyst rating on (SHLLF) stock is a Hold with a NOK14.00 price target. To see the full list of analyst forecasts on Shelf Drilling stock, see the SHLLF Stock Forecast page.
More about Shelf Drilling
Shelf Drilling is an international shallow water offshore drilling contractor with operations across the Middle East, Southeast Asia, India, West Africa, the Mediterranean, and the North Sea. Established in 2012, the company is known for its fit-for-purpose strategy and strong client relationships. It is headquartered in Dubai, UAE, and listed on the Oslo Stock Exchange.
Average Trading Volume: 738,692
Current Market Cap: NOK4.69B
Find detailed analytics on SHLLF stock on TipRanks’ Stock Analysis page.