Shelf Drilling (OTCMKTS:SHLLF) Trading Up 13.1%

Shelf Drilling, Ltd. (OTCMKTS:SHLLFGet Free Report)’s share price was up 13.1% during trading on Friday . The stock traded as high as $2.00 and last traded at $2.00. Approximately 2,500 shares changed hands during trading, a decline of 44% from the average daily volume of 4,493 shares. The stock had previously closed at $1.77.

Shelf Drilling Trading Up 13.1 %

The firm has a fifty day moving average of $2.08 and a 200 day moving average of $2.57.

About Shelf Drilling

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Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and North Sea. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells, and associated services using the rigs of the company's owned fleet and related equipment.

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