PRESS RELEASE
SHELF DRILLING, LTD. - MINUTES OF ANNUAL GENERAL MEETING

Dubai/Cayman Islands, 12 June 2023 - Reference is made to the Notice of Annual
General Meeting issued by Shelf Drilling, Ltd. ("Shelf Drilling" or the
"Company", OSE: SHLF) on 15 May 2023 (available on the Company's website). 

The Annual General Meeting of the Company was held today at Walkers, 190 Elgin
Avenue, George Town, Grand Cayman KY1-9001, Cayman Islands. Please find the
minutes of the meeting attached. 

About Shelf Drilling
Shelf Drilling is a leading international shallow water offshore drilling
contractor with rig operations across Middle East, Southeast Asia, India, West
Africa, Mediterranean and North Sea. Shelf Drilling was founded in 2012 and has
established itself as a leader within its industry through its fit-for-purpose
strategy and close working relationship with industry leading clients. The
Company is incorporated under the laws of the Cayman Islands with corporate
headquarters in Dubai, United Arab Emirates. The Company is listed on the Oslo
Stock Exchange under the ticker "SHLF".

Additional information about Shelf Drilling can be found at
www.shelfdrilling.com.

Contact details
For questions or comments, please contact communications@shelfdrilling.com.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.