Vantage Proposes Offering of Shares to Finance Aquamarine Driller

Vantage Drilling intends to offer, subject to market and other conditions, 46,500,000 of its ordinary shares. In connection with this offering, Vantage will grant the underwriters an option to purchase 6,975,000 additional ordinary shares to cover any over-allotments.

Vantage intends to use proceeds from this offering, as well as the proceeds from the financing for its Aquamarine Driller, to finance the final construction payment for the Aquamarine Driller, and to use the remainder for general corporate purposes and working capital.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Natural Gas Engine Mechanic
Expertise: Mechanic|Mechanical Technician
Location: Louisiana, United States, LA
Mechanic - Keene, ND
Expertise: Maintenance Technician|Mechanic
Location: Keene, ND
Third Party Inspector - Fire Pumps | IL | URGENT
Expertise: Client Representative|Fire Protection|QA / QC / Inspection
Location: Oswego, IL
search for more jobs

Brent Crude Oil : $55.14/BBL 0.61%
Light Crude Oil : $49.48/BBL 0.86%
Natural Gas : $3.12/MMBtu 0.95%
Updated in last 24 hours