Vantage Drilling Company (VTGDF) 0.0100 $VTGDF
Post# of 273254
Vantage to Name Ihab Toma Chief Executive Officer and Member of the Board of Directors
Marketwire Canada - Thu Aug 11, 4:59PM CDT
HOUSTON, TX--(Marketwired - Aug 11, 2016) - Vantage Drilling International ("Vantage" or the "Company" announced today that its Board of Directors will name Mr. Ihab Toma as the Company's next Chief Executive Officer and member of the Board of Directors effective August 29, 2016. Mr. Toma will join Vantage Drilling with more than 30 years of experience in the oilfield industry.
Vantage Drilling International Reports Second Quarter Results for 2016
Marketwire Canada - Thu Aug 11, 6:00AM CDT
HOUSTON, TX--(Marketwired - Aug 11, 2016) - Vantage Drilling International ("Vantage" or the "Company" reported a net loss of approximately $35.7 million or ($7.15) per share for the three months ended June 30, 2016 as compared to the Predecessor reporting net income of approximately $27.9 million for the three months ended June 30, 2015. The weighted-average shares outstanding for the three months ended June 30, 2016 was 5,000,053 whereas in the prior year, as a wholly-owned subsidiary, the Predecessor did not have a comparable outstanding ordinary shares.
Vantage Drilling International Schedules Second Quarter 2016 Earnings Release Date and Conference Call
Marketwired - Thu Aug 04, 3:00PM CDT
HOUSTON, TX--(Marketwired - Aug 4, 2016) - Vantage Drilling International ("Vantage" or the "Company" today announced that it will host a conference call at 11:00 AM Eastern Time on August 11, 2016 to discuss operating results for the second quarter of 2016 and recent developments. Vantage will release earnings before the market opens on August 11, 2016. Vantage's earnings release will be posted to the Vantage website at www.vantagedrilling.com.
Vantage Drilling International Reports First Quarter Results for 2016
Marketwire Canada - Fri May 13, 6:00AM CDT
HOUSTON, TX--(Marketwired - May 13, 2016) - Vantage Drilling International ("Vantage" or the "Company" reported a net loss of $471.0 million for the period from January 1, 2016 to February 10, 2016 for the Predecessor Company and a net loss of $29.0 million for the Successor for the period, including February 10, 2016, through March 31, 2016. Upon emergence from Chapter 11 bankruptcy on February 10, 2016, Vantage adopted fresh-start accounting, which resulted in the Company becoming a new entity for financial reporting purposes. References to "Successor" relate to the financial position and results of operations of the reorganized Vantage as of and subsequent to February 10, 2016. References to "Predecessor" refer to the financial position of Vantage as of and prior to February 10, 2016 and the results of operations prior to February 10, 2016. As a result of the application of fresh-start accounting and the effects of the implementation of our Plan of Reorganization, the financial statements on or after February 10, 2016 are not comparable with the financial statements prior to that date.
Vantage Drilling International Schedules First Quarter 2016 Earnings Release Date and Conference Call
Marketwired - Mon May 09, 3:37PM CDT
HOUSTON, TX--(Marketwired - May 9, 2016) - Vantage Drilling International ("Vantage" or the "Company" today announced that it will conduct a call at 11:00 AM Eastern Time on May 13, 2016 to discuss operating results for the first quarter of 2016 and recent developments. Vantage will release earnings before the market opens on May 13, 2016. To access the conference call, U.S. callers may dial toll free 888-740-6139 and international callers may dial 913-312-1430. The pass code will be 4076187. Please call ten minutes ahead of time to ensure proper connection. A replay of the conference call will be available for two weeks following the call and can be accessed by dialing 888-203-1112 for U.S. callers and 719-457-0820 for international callers. The access code for the replay is 4076187.
F3 Capital Raises Concerns on Vantage's Tactics to Keep Secrets in US Bankruptcy Proceedings
PR Newswire Europe - Wed Jan 20, 9:41AM CST
The Chapter 11 reorganization plan of Offshore Group Investment Limited ("OGIL", its parent being Vantage Drilling Company ("Vantage", was confirmed on January 14, 2016 at the U.S. Bankruptcy Court in Wilmington, Delaware. Hours before the hearing was commenced, OGIL amended the plan and continued to file additional supplements with material changes. Vantage Drilling Company is in liquidation in the Cayman Islands and the Cayman Court granted the winding up order at a hearing on January 18, 2016.
Traders Look to Upside -- Complementary Research on Labor Smart, Vantage Drilling, Liquefied Natural Gas and Fresh Healthy Vending International
ACCESSWIRE - Tue Jan 19, 7:50AM CST
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CORRECTION: Vantage Drilling Reaches Agreement on Comprehensive Deleveraging and Recapitalization Transaction; Executes Support Agreement With Lenders and Noteholders Holding More Than $1.6 Billi
Marketwire Canada - Wed Dec 02, 10:27PM CST
In the news release, "Vantage Drilling Reaches Agreement on Comprehensive Deleveraging and Recapitalization Transaction...," issued earlier today by Vantage Drilling Company (OTC PINK: VTGDF), please be advised that in the third sentence of the second paragraph, the maturity date of the credit facility should be December 2019 and the facility's value should be $32 million, rather than March 2020 and $35 million as originally issued. Complete corrected text follows.