Vantage Drilling Company operates as an offshore drilling company. The company focuses on operating a fleet of specification drilling units. The company’s principal business is to contract drilling units, related equipment and work crews, primarily on a dayrate basis to drill oil and natural gas wells for customers. It also provides construction supervision services for, and operates and manages, drilling units owned by others. Through a fleet of drilling units, the company provides offshore contract drilling services to major, national and independent oil and natural gas companies, focused primarily on international markets. The company’s operating fleet consists of four ultra-premium jackup rigs and three ultra-deepwater drillships. Its global fleet is located in India, Southeast Asia and West Africa. Strategy The company’s strategy is to capitalize on customer demand for modern, high specification units; focus on international markets; expand key industry relationships; increase its deepwater exposure; and identify and pursue acquisition opportunities. Markets The company’s jackup fleet is focused on the long-legged (350+ feet) high specification market. Customers The company’s customers are primarily large multinational oil and natural gas companies, government owned oil and natural gas companies and independent oil and natural gas producers. Its customers include Oil and Natural Gas Corporation and Petrobras America Inc. History Vantage Drilling Company was founded in 2007. The company was incorporated with limited liability in the Cayman Islands.
vantage drilling co (VTG:NYSE Amex)
777 Post Oak Boulevard
Houston, TX 77056
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