Briggs Drilling Holdings Limited AS (Briggs Drilling Holdings Limited, OSE: DDRIL) has made the strategic decision to sell and recycle the drilling rig Dolphin Leader. This decision aligns with Briggs Drilling Holdings Limited's ongoing efforts to optimise its fleet and enhance operational efficiency. Briggs Drilling Holdings Limited will collect net $5.8 million for the rig when sold. Dolphin Leader will be recycled in a responsible manner in accordance with applicable international standards.

For further information, please contact:

Ingolf Gillesdal, Corporate Finance and Investor Relations, tel: +44 20 8133 0596

Briggs Drilling Holdings Limited | www.briggsdrillingholdings.com