Vantage Drilling Company Announces Extension of Exchange Offer

Vantage Drilling Company Announces Extension of Exchange Offer 
HOUSTON, TX -- (Marketwired) -- 05/03/13 --  Vantage Drilling Company
(the "Company") (NYSE MKT: VTG) announced today that Offshore Group
Investment Limited, a subsidiary of the Company, is extending the
expiration date for its exchange offer (the "Exchange Offer") to
exchange $1,150,000,000 aggregate principal amount of its 7.5% Senior
Secured First Lien Notes due 2019 (the "Exchange Notes"), which have
been registered under the Securities Act of 1933, as amended, for any
and all of its outstanding 7.5% Senior Secured First Lien Notes due
2019 (the "Outstanding Notes"), to 5:00 p.m., New York City time, on
May 10, 2013. The Exchange Offer is being conducted upon the terms
and subject to the conditions set forth in the prospectus (the
"Prospectus") and accompanying letter of transmittal (the "Letter of
Transmittal") relating to the Exchange Offer.  
Except as described herein, the terms of the Exchange Offer remain
unchanged. Copies of the exchange offer documents can be obtained by
contacting Wells Fargo Bank, N.A., the Exchange Agent for the
Exchange Offer, at (800) 344-5128. The Prospectus and the Letter of
Transmittal are also available free of charge at the Securities and
Exchange Commission's website at Questions concerning
the Exchange Offer may also be directed to the Exchange Agent at the
above number. 
This press release is not an offer to exchange the Exchange Notes,
which may be made only pursuant to the terms of the Prospectus and
Letter of Transmittal, each dated April 3, 2013, and related
documents (as may be amended from time to time). These documents
should be consulted for additional information regarding delivery
procedures and the conditions of the exchange offer. 
About Vantage 
Vantage, a Cayman Islands exempted company, is an offshore drilling
contractor, with an owned fleet of two ultra-deepwater drillships,
the Platinum Explorer and the Titanium Explorer, as well as an
additional ultra-deepwater drillship, the Tungsten Explorer, now
under construction, and four Baker Marine Pacific Class 375
ultra-premium jackup drilling rigs. Vantage's primary business is to
contract drilling units, related equipment and work crews primarily
on a dayrate basis to drill o
il and natural gas wells. Vantage also
provides construction supervision services for, and will operate and
manage, drilling units owned by others. Through its fleet of seven
owned drilling units, Vantage is a provider of offshore contract
drilling services globally to major, national and large independent
oil and natural gas companies. 
Forward-Looking Statements 
Certain statements contained in this news release constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements represent Vantage's expectations or beliefs concerning
future events, and it is possible that the results described in this
press release will not be achieved. These forward-looking statements
are subject to risks, uncertainties and other factors, many of which
are outside of Vantage's control, that could cause actual results to
differ materially from the results discussed in the forward-looking
statements, including, among other things, changing market conditions
and Vantage's ability to complete the offering.  
Any forward-looking statement speaks only as of the date on which
such statement is made, and, except as required by law, Vantage does
not undertake any obligation to update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise. New factors emerge from time to time and it is not
possible for management to predict all such factors. 
For further information, contact:
Paul A. Bragg
Chairman and Chief Executive Officer
(281) 404-4700 
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