Shelf Drilling Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Greg O’Brien

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	8.5yrs

Recent management updates

Recent updates

CEO

Greg O’Brien (37 yo)

less than a year

Tenure

Mr. Gregory O’ Brien, also known as Greg, had been Executive Vice President and Chief Financial Officer at Shelf Drilling, Ltd. until August 14, 2024 & serves as its CEO since August 14, 2024 and served as...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Mullen	Executive Chairman	less than a year	no data	no data
Gregory O’Brien	Chief Executive Officer	less than a year	no data	no data
Douglas Stewart	Executive VP & CFO	less than a year	no data	no data
William Hoffman	Executive VP & COO	no data	no data	no data
Daniel Hoff	Vice President of Human Resources & Communication	1.8yrs	no data	no data
Ian Clark	Executive Vice President	no data	no data	no data
Michael Mezzina	VP & Controller	no data	no data	no data

0.3yrs

Average Tenure

63yo

Average Age

Experienced Management: 6SD's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
David Mullen	Executive Chairman	less than a year	no data	no data
David Pittaway	Independent Director	9.3yrs	no data	no data
John Castle	Independent Director	12yrs	no data	no data
Benjamin Sebel	Independent Director	12yrs	no data	0.076% € 161.4k
David Williams	Independent Director	7.3yrs	no data	0.034% € 71.9k
Ernie Danner	Lead Independent Director	11.1yrs	no data	0.23% € 480.5k
Usama Trabulsi	Independent Director	7.6yrs	no data	0.037% € 78.6k
Xianzhi Mei	Director	1.4yrs	no data	no data

8.5yrs

Average Tenure

70.5yo

Average Age

Experienced Board: 6SD's board of directors are considered experienced (8.5 years average tenure).

Shelf Drilling Management

Management criteria checks 1/4

Key information

Recent management updates

Shelf Drilling, Ltd. Announces Completion of Leadership Transition

Shelf Drilling, Ltd. Appoints Douglas Stewart as Executive Vice President, Effective October 2024

Shelf Drilling, Ltd. Announces CEO Changes, Effective August 14, 2024

Shelf Drilling, Ltd. Announces Resignation of John Reynolds as Director

Shelf Drilling, Ltd. Announces CFO Transition

Shelf Drilling, Ltd., Annual General Meeting, Jun 12, 2024

Recent updates

Third quarter 2024 earnings released: EPS: US$0.32 (vs US$0.21 in 3Q 2023)

Investor sentiment deteriorates as stock falls 17%

Shelf Drilling, Ltd. and Shelf Drilling (North Sea), Ltd. Announces AOC Approval and Operational Update in Norway

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 20%

Investor sentiment improves as stock rises 16%

Shelf Drilling, Ltd. (OB:SHLF) agreed to acquire Shelf Drilling (North Sea), Ltd. (OB:SDNS) approximately NOK 2.6 billion.

Second quarter 2024 earnings released: US$0.068 loss per share (vs US$0.009 profit in 2Q 2023)

Shelf Drilling, Ltd. Announces Completion of Leadership Transition

Shelf Drilling, Ltd. Appoints Douglas Stewart as Executive Vice President, Effective October 2024

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 21%

New major risk - Financial position

First quarter 2024 earnings released: EPS: US$0.021 (vs US$0.18 loss in 1Q 2023)

Shelf Drilling, Ltd. Announces CEO Changes, Effective August 14, 2024

New major risk - Financial position

Shelf Drilling, Ltd. Announces Resignation of John Reynolds as Director

Full year 2023 earnings released: US$0.038 loss per share (vs US$0.18 loss in FY 2022)

Shelf Drilling, Ltd. Announces CFO Transition

Investor sentiment deteriorates as stock falls 21%

Shelf Drilling, Ltd. to Report Q4, 2023 Final Results on Mar 04, 2024

Shelf Drilling, Ltd., Annual General Meeting, Jun 12, 2024

Investor sentiment improves as stock rises 19%

New minor risk - Shareholder dilution

New major risk - Financial position

New major risk - Share price stability

Shelf Drilling, Ltd. announced that it expects to receive NOK 640.2 million in funding

Second quarter 2023 earnings released: EPS: US$0.009 (vs US$0.12 loss in 2Q 2022)

New major risk - Share price stability

Insufficient new directors

Shelf Drilling, Ltd. Announces Mei Xianzhi Elected as A Director of the Company

Shelf Drilling, Ltd. Announces Lou Dongyang Stand Down as Director

First quarter 2023 earnings released: US$0.18 loss per share (vs US$0.034 loss in 1Q 2022)

Full year 2022 earnings released: US$0.18 loss per share (vs US$0.57 loss in FY 2021)

Shelf Drilling, Ltd. has completed a Follow-on Equity Offering in the amount of NOK 467.377214 million.

Shelf Drilling, Ltd., Annual General Meeting, Sep 06, 2023

Third quarter 2022 earnings released: US$0.034 loss per share (vs US$0.16 loss in 3Q 2021)

Second quarter 2022 earnings released: US$0.12 loss per share (vs US$0.17 loss in 2Q 2021)

Shelf Drilling, Ltd. has completed a Follow-on Equity Offering in the amount of NOK 499.2 million.

Shelf Drilling, Ltd. (OB:SHLF) agreed to acquire Remedy Rigs of Noble Corporation for approximately $380 million.

First quarter 2022 earnings released: US$0.034 loss per share (vs US$0.12 loss in 1Q 2021)

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Third quarter 2021 earnings released: US$0.16 loss per share (vs US$0.056 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.17 loss per share (vs US$0.06 profit in 2Q 2020)

First quarter 2021 earnings released: US$0.12 loss per share (vs US$1.36 loss in 1Q 2020)

Full year 2020 earnings released: US$2.02 loss per share (vs US$1.17 loss in FY 2019)

Revenue beats expectations

New 90-day high: €0.34

Shelf Drilling Announces Contract Update for High Island VII and Compact Driller

New 90-day high: €0.34

Shelf Drilling, Ltd. to Report First Half, 2021 Results on Aug 12, 2021

New 90-day high: €0.29

Third quarter 2020 earnings released: US$0.056 loss per share

Revenue misses expectations

Shelf Drilling, Ltd. Announces Contract Update for Main Pass I

New 90-day low: €0.22

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age