Shelf Drilling (SHLLF) has released an update.
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Shelf Drilling, Ltd. is set to make Shelf Drilling (North Sea), Ltd. a wholly owned subsidiary through a proposed merger, with the merger documentation now available on Shelf Drilling’s website. This key strategic move will see the issuance of new Shelf Drilling shares upon the merger’s completion. The transaction aims to consolidate Shelf Drilling’s position as a leader in shallow water offshore drilling across various international markets.
For further insights into SHLLF stock, check out TipRanks’ Stock Analysis page.
