Vantage Drilling Company (VTGDF)
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Vantage Drilling Company Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Thomas J. Cimino CEO | OTC PINK Exchange | G93205113 CUSIP |
| KY Country | 786 Employees | - Last Dividend | - Last Split | 24 May 2007 IPO Date |
Overview
Vantage Drilling Company specializes in providing offshore contract drilling services on an international scale, along with its domestic operations in the United States. Founded in 2007 and headquartered in Houston, Texas, Vantage Drilling operates with a focus on drilling oil and natural gas wells. Catering primarily to multinational oil and gas companies, government-owned entities, and independent producers, the company has established itself as a significant player in the offshore drilling industry. As of early March 2015, Vantage Drilling boasted a fleet of seven drilling units, which includes three ultra-deepwater drillships and four ultra-premium jackup rigs, underscoring its capability to meet diverse drilling requirements.
Products and Services
- Offshore Contract Drilling Services
Vantage Drilling offers its robust fleet of drilling units for contracts to explore and drill oil and natural gas wells. This service emphasizes the company’s proficiency in executing offshore drilling operations, leveraging its sophisticated drilling assets which include ultra-deepwater drillships and ultra-premium jackup rigs. These units are equipped with the latest technology to ensure efficient, safe, and environmentally responsible exploration and extraction of hydrocarbons.
- Drilling Units and Related Equipment
The company’s assets encompass a variety of drilling units and related equipment designed for deepwater and ultra-deepwater exploration activities. This offering includes the provision of work crews that are skilled and experienced in offshore drilling operations, ensuring that client projects are conducted with the highest standards of safety and efficiency.
- Construction Supervision and Operations Management
Apart from deploying its own drilling units, Vantage Drilling extends its expertise to managing and supervising the construction of drilling units owned by third parties. This service encompasses overseeing the entire construction phase, ensuring that these units are built to comply with industry standards and are prepared for operational deployment. Furthermore, the company offers operations management services, taking charge of the day-to-day operations of drilling units to maximize efficiency and productivity for its clients.
