Vantage Energy Services Company News

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C&J Energy Files for Bankruptcy to Cut $1.4B in Debt
Wednesday, July 20, 2016 C&J Energy Services files for US Chapter 11 bankruptcy protection with an agreement with its lenders to swap $1.4 billion in debt for ownership of the reorganized company.

Vantage Energy Files for IPO of About $400M
Monday, July 07, 2014 Vantage Energy files with US regulators to raise approximately $400 million in an IPO.

Vantage Begins Completion Ops in Wy.
Tuesday, June 29, 2010 Nextraction and its operating partner, Vantage Energy have commenced completion operations for the Noble 6-24 well in the northern region of the Pinedale Anticline.

Aquamarine Driller Heads to Tindalo
Friday, April 23, 2010 Nido, as Operator of Service Contract 54A, advised that the jackup drill rig Aquamarine Driller has completed its stopover in Singapore and is now en route to the Tindalo field location in the Philippines.

VAALCO Primes Bit for Gabon Drilling Program
Wednesday, March 10, 2010 The Sapphire Driller jackup is on location at the Ebouri Platform offshore Gabon and will commence drilling the first of four wells today, March 10, 2010.

Nido Awards Tindalo Production Equipment Contracts
Thursday, February 25, 2010 Contracts for all of the major equipment required for the Tindalo oil field development have now been awarded.

OEG Supplies Rental Units for Philippines Tindalo Project
Friday, February 12, 2010 OEG Offshore's Singaporean subsidiary has won its first rental contract in the Philippines to deliver a series of units to a project onboard a jackup rig.

Analysis: Eni Exploration Pays Off
Friday, November 13, 2009 Currently Eni has 10 rigs under contract -- one drillship, four jackups, and five semisubmersibles -- working in the Mediterranean Sea, off Brazil, off West Africa, in the North Sea, and in the Gulf of Mexico.

VAALCO Posts 3Q Results, Plans 'Aggressive' Drilling Program
Tuesday, November 10, 2009 "VAALCO's strong balance sheet positions us to execute an aggressive drilling program before year-end, while also exploring additional opportunities for growth," said CEO Robert Gerry.

ONGC Remains Strong in India Market
Friday, October 23, 2009 With renewed commitment to exploring its domestic resources, ONGC is by far the most active operator off South Asia with 37 rigs deployed under contract.

Analysis: Pemex Strives to Increase Production through Offshore Drilling
Friday, September 11, 2009 With 39 offshore rigs contracted for work in the GOM, Mexico is pushing to further its offshore drilling as the seventh-largest oil producer's output continues to decline.

Vantage Signs Definitive Loan Agreement to Finance Aquamarine Driller
Wednesday, August 26, 2009 Vantage Drilling has entered into a definitive loan agreement to finance the Aquamarine Driller.

Vantage Proposes Offering of Shares to Finance Aquamarine Driller
Tuesday, August 18, 2009 Vantage Drilling intends to offer, subject to market and other conditions, 46,500,000 of its ordinary shares.

Sapphire Driller to Kick Off Operations Offshore West Africa in Aug.
Monday, June 01, 2009 Vantage announced today that its ultra-premium jackup rig, the Sapphire Driller, has been awarded a contract for a drilling program in West Africa with an anticipated duration of three to six months.

Salamander Successfully Completes Offshore Bualuang Drilling Program
Monday, May 11, 2009 Salamander Energy has announced the successful completion of the recent drilling program on its operated Bualuang oil field, offshore Gulf of Thailand.

Salamander Commences Bualuang Drilling Program in Gulf of Thailand
Monday, March 30, 2009 Salamander has announced the start of a drilling program on the Bualuang oil field, offshore Gulf of Thailand.

Vantage Reports Financial Results
Friday, March 13, 2009 Vantage Drilling reports a net loss of ($43.5) million or ($0.57) per diluted share for the three months ended December 31, 2008, and a net loss for the fiscal year ended December 31, 2008 of ($47.4) million or ($.78) per diluted share.

Vantage Scores Multi-Year Contracts for 2 Ultra-Deepwater Drillships
Monday, March 02, 2009 Vantage has secured multi-year contracts for two ultra-deepwater drillships with ONGC and Petrobras.

Vantage Snags Managment Contract of SeaDragon Semisub
Wednesday, February 04, 2009 Vantage Drilling Company announces that SeaDragon Offshore Limited has awarded the Company a management agreement for one of its two deepwater semisubmersible drilling rigs.

Vantage Drilling Company Restructures Platinum Explorer Purchase
Tuesday, November 18, 2008 Vantage Drilling Company has reached an agreement with TMT, Inc. to restructure the purchase agreement to acquire the Platinum Explorer, a 12,000 ft. ultra-deepwater high-specification drillship.

Vantage Brings OGIL into the Fold
Wednesday, June 11, 2008 Vantage Energy Services, Inc. announced that at the special meeting of Vantage's stockholders held today, stockholders approved the acquisition of Offshore Group Investment Limited (OGIL) by Vantage.

Vantage to Acquire 1 Ultra-Deepwater Drillship, Option to Purchase 2nd
Monday, March 31, 2008 Vantage Energy Services, Inc. has exercised its previously announced option, through Offshore Group Investments Limited, to acquire one ultra-deepwater drillship and has obtained an option to acquire a second ultra-deepwater drillship.

Vantage Energy Services to Acquire Four Jackups
Thursday, August 30, 2007 Through the acquisition of Offshore Group Investments, Vantage Energy Services will acquire four ultra-premium Baker Marine Pacific Class 375 jackups.