(Limassol, 10 November 2021) S.D. Standard Drilling Plc (Standard Drilling, OSE:
SDSD NO) today publishes a letter to the Chairman of the Board of Directors of
Noble Corporation (Noble, NYSE:NO) regarding the proposed merger with The
Drilling Company of 1972 A/S (Maersk Drilling, CSE: DRLCO).

Noble today announced a proposed merger with Maersk Drilling. Standard Drilling,
as a large shareholder in the company, has today sent a letter to the Chairman
of the Board of Directors of Noble. 

"Standard Drilling fully supports industry consolidation in the offshore
drilling market. However, we, and other shareholders that have contacted us, are
concerned about the proposed exchange ratio and will consider to vote against
the transaction" says Martin Nes, Chairman of the Board of Directors of Standard
Drilling. 

The letter to Chairman of the Board of Directors of Noble Corporation is
enclosed.

ENDS

For additional information, please contact: 
General Manager, Evangelia Panagide at +357 99 77 11 16  
Chairman of the Board, Martin Nes at +47 92 01 48 14

Standard Drilling|www.standard-drilling.com
S.D. Standard Drilling is an investment company founded in 2010. The company
holds a focused investment portfolio and a fleet of Platform Supply Vessels
(PSVs). S.D. Standard Drilling is headquartered in Cyprus and is listed on Oslo
Stock Exchange with the ticker code SDSD.

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