Vantage Drilling International is an international offshore drilling company focused on operating a fleet of modern, high specification drilling units. Our principal business is to contract drilling units, related equipment and work crews, primarily on a dayrate basis to drill oil and natural gas wells for our customers. Through our fleet of drilling units, we are a provider of offshore contract drilling services to major, national and independent oil and natural gas companies, focused on international markets. Additionally, for drilling units owned by others, we provide construction supervision services for rigs that are under construction, preservation management services for rigs that are stacked and operations and marketing services for operating rigs.
Company profile
Ticker
VTDRF
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
OFFSHORE GROUP INVESTMENT Ltd
SEC CIK
Corporate docs
Subsidiaries
Vantage Holdings Company • Dragonquest Holdings • Exempted Company • P2020 Rig Co. • P2021 Rig Co. • PT Vantage Drilling Company • Limited Liability Company • Rig Finance Ltd. • VDI Global Rig Co. • Vantage Deepwater Company ...
Latest filings (excl ownership)
15-15D
Suspension of duty to report
29 Sep 23
8-K
Departure of Directors or Certain Officers
21 Aug 23
10-Q
2023 Q2
Quarterly report
10 Aug 23
8-K
Vantage Drilling International Reports Second Quarter Results for 2023
10 Aug 23
8-K
Departure of Directors or Certain Officers
4 Aug 23
8-K
Other Events
20 Jul 23
10-Q
2023 Q3
Quarterly report
12 May 23
8-K
Vantage Drilling International Reports First Quarter Results for 2023
12 May 23
10-K/A
2022 FY
Annual report (amended)
28 Apr 23
10-K
2022 FY
Annual report
30 Mar 23
Latest ownership filings
No filings
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 82.37 mm | 82.37 mm | 82.37 mm | 82.37 mm | 82.37 mm | 82.37 mm |
Cash burn (monthly) | (no burn) | 13.66 mm | (no burn) | 2.23 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 134.14 mm | n/a | 21.86 mm | n/a | n/a |
Cash remaining | n/a | -51.77 mm | n/a | 60.51 mm | n/a | n/a |
Runway (months of cash) | n/a | -3.8 | n/a | 27.2 | n/a | n/a |