Attached files
file | filename |
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8-K - FORM 8-K - Vantage Drilling CO | d424776d8k.htm |
EX-99.4 - PRESS RELEASE DATED OCTOBER 15, 2012 - Vantage Drilling CO | d424776dex994.htm |
EX-99.3 - INFORMATION RELATING TO OGIL'S PROPOSED TERM LOAN IN THE OFFERING MEMORANDUM - Vantage Drilling CO | d424776dex993.htm |
EX-99.2 - INFORMATION UNDER THE CAPTION RISK FACTORS IN THE OFFERING MEMORANDUM - Vantage Drilling CO | d424776dex992.htm |
Exhibit 99.1
The following table sets forth certain information concerning the contract status of our owned and managed drilling fleet.
Name |
Region |
Expected |
Actual/ |
Average Drilling Revenue Per Day (1) |
Customer | |||||||
Emerald Driller |
Southeast Asia | 24 months(2) | Jun 2011 | $ | 130,000 | PTT Exploration and Production Company Limited | ||||||
Sapphire Driller |
West Africa West Africa West Africa |
12 months 3 months 4 months |
Dec 2011 Dec 2012 Feb 2013 |
$ $ $ |
123,000 165,000 165,000 |
|
Foxtrot International Foxtrot International Rialto Energy Ltd. | |||||
Aquamarine Driller |
Southeast Asia Southeast Asia |
12 months 12 months |
Nov 2011 Nov 2012 |
$ $ |
139,000 153,400 |
|
Petronas Carigali Petronas Carigali | |||||
Topaz Driller |
Southeast Asia | 12 months | Nov 2012 | $ | 155,000 | (3) | | |||||
Platinum Explorer |
India | 5 years | Dec 2010 | $ | 590,000 | Oil and Natural Gas Corporation | ||||||
Titanium Explorer |
U.S. Gulf of Mexico | 8 years | Oct 2012 | $ | 589,000 | (4) | Petrobras |
(1) | Average drilling revenue per day is based on the total estimated revenue divided by the minimum number of days committed in a contract. Unless otherwise noted, the total estimated revenue reflects actual revenues received and includes mobilization and demobilization fees and other contractual revenues associated with the drilling services. |
(2) | Includes customer exercised option to extend the contract for six months. |
(3) | Reflects anticipated average drilling revenue per day pursuant to new twelve-month contract award that is expected to commence in November 2012. Determination of mobilization fees is pending and therefore not included. |
(4) | Reflects average drilling revenue per day, which includes mobilization revenues and the achievement of a 12.5% bonus opportunity. |