Vantage Drilling Company Announces Extension of Exchange Offer
2011年3月25日 - 7:43AM
Marketwired
Vantage Drilling Company (the "Company") (NYSE Amex: VTG.U) (NYSE
Amex: VTG) (NYSE Amex: VTG.WS) 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 $1,000,000,000 aggregate principal amount of its 11½%
Senior Secured First Lien Notes due 2015 (the "Exchange Notes"),
which have been registered under the Securities Act of 1933, as
amended, for any and all of its outstanding 11½% Senior Secured
First Lien Notes due 2015 (the "Outstanding Notes"), to 5:00 p.m.,
New York City time, on March 30, 2011. 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
SEC's website at www.sec.gov. 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 February 24, 2011,
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.
The Company, a Cayman Islands exempted company, is an offshore
drilling contractor, with an owned fleet of four Baker Marine
Pacific Class 375 ultra-premium jackup drilling rigs and one
ultra-deepwater drillship, the Platinum Explorer. The Company's
primary business is to contract drilling units, related equipment
and work crews primarily on a dayrate basis to drill oil and
natural gas wells. The Company also provides construction
supervision services for, and will operate and manage, drilling
units owned by others. Through its fleet of seven owned and managed
drilling units, the Company is a provider of offshore contract
drilling services globally to major, national and large independent
oil and natural gas companies.
The information above includes forward-looking statements within
the meaning of the Securities Act of 1933, as amended, and the
Securities Exchange Act of 1934, as amended. These forward-looking
statements are subject to certain risks, uncertainties and
assumptions identified above or as disclosed from time to time in
the Company's filings with the Securities and Exchange Commission.
As a result of these factors, actual results may differ materially
from those indicated or implied by such forward-looking
statements.
For further information, contact: Paul A. Bragg Chairman and
Chief Executive Officer (281) 404-4700
Vantage Energy Services, (AMEX:VTG.U)
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