Petrobras Parties Pay Vantage Drilling Parties $700.9 million to satisfy Arbitration Award and related U.S. Judgment
On June 21, 2019HOUSTON, June 21, 2019 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage” or the “Company”) announced today that Petrobras Venezuela Investments & Services, BV (“PVIS”), a subsidiary of Petroleo Brasileiro S.A (“Petrobras”), entered into an agreement with Vantage Deepwater Company (“VDEEP”), a wholly-owned subsidiary of Vantage, purs… Read more
U.S. District Court Confirms Arbitration Award in favor of Vantage Drilling and Denies Petrobras’s motion to Vacate the Award
On May 20, 2019HOUSTON, May 20, 2019 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage” or the “Company”) announced today that U.S. District Court Judge Alfred H. Bennett of the Southern District of Texas granted Vantage Deepwater Company’s and Vantage Deepwater Drilling, Inc.’s petition to confirm its international arbitration award against Petroleo B… Read more
Vantage Drilling International Reports First Quarter Results for 2019
On May 9, 2019HOUSTON, May 09, 2019 (GLOBE NEWSWIRE) -- Vantage Drilling International ("Vantage" or the “Company”) reported a net loss attributable to controlling interest of approximately $47.9 million or $9.58 per share for the three months ended March 31, 2019 as compared to a net loss attributable to controlling interest of $32.1 million or $6.43 per share… Read more
CORRECTING and REPLACING – Vantage Drilling International Schedules First Quarter 2019 Earnings Release Date and Conference Call
On May 7, 2019HOUSTON, May 07, 2019 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Vantage Drilling International, please note that the toll free and international phone numbers for the conference call have been corrected. … Read more
Vantage Drilling International Schedules First Quarter 2019 Earnings Release Date and Conference Call
On April 25, 2019HOUSTON, April 25, 2019 (GLOBE NEWSWIRE) -- Vantage Drilling International ("Vantage" or the "Company") today announced that it will host a conference call at 10:00 AM Eastern Time on May 9, 2019 to discuss operating results for the first quarter of 2019. Vantage will release earnings before the market opens on May 9, 2019. Vantage's earnings relea… Read more
Vantage Drilling International Reports Fourth Quarter and Full-Year 2018 Results
On March 14, 2019HOUSTON, March 14, 2019 (GLOBE NEWSWIRE) -- Vantage Drilling International ("Vantage" or the “Company”) reported a net loss of approximately $52.2 million or $10.44 per share for the three months ended December 31, 2018 as compared to a net loss of $36.6 million or $7.33 per share for the three months ended December 31, 2017.… Read more
Vantage Drilling International Schedules Fourth Quarter and Full Year 2018 Earnings Release Date and Conference Call
On February 27, 2019HOUSTON, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Vantage Drilling International ("Vantage" or the "Company") today announced that it will host a conference call at 10:00 AM Eastern Time on March 14, 2019 to discuss operating results for the fourth quarter and full year of 2018. Vantage will release earnings before the market opens on March 14, 2019. Vant… Read more
Vantage Drilling International Announces Closing of FCPA Investigation by the SEC
On November 19, 2018HOUSTON, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage” or the “Company”) announced today that it has concluded a settlement agreement with the United States Securities and Exchange Commission (the “SEC”) resolving the SEC’s investigation into possible violations of the internal accounting control provisions of the U.S… Read more
Vantage Drilling International Announces Pricing of $350 Million Senior Secured Notes Offering
On November 15, 2018HOUSTON, Nov. 15, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage” or the “Company”) today has priced $350 million in aggregate principal amount of 9.250% Senior Secured First Lien Notes (the “notes”) due 2023 in a private placement at par. The offering is expected to close on November 30, 2018, subject to customary closing condi… Read more
Vantage Drilling International Issues Conditional Notice of Redemption for all of its Outstanding Second Lien Notes
On November 14, 2018HOUSTON, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage” or the “Company”) announced today that it has issued a conditional notice of redemption (the “Redemption”) for all of its outstanding 10% Senior Secured Second Lien Notes due 2020 (the “Notes”), such redemption to occur on December 14, 2018, or such later date as t… Read more
