Vantage Drilling Company RBC Capital Markets Global Energy and Power Executive Conference New York June 1, 2015
Vantage Drilling Company Overview
Company Overview NYSE VTG Market Cap 115 Million Book Value 579 Million EnterpriseValue 2.6 Billion Employees 1,300 Vantage Offices 4 Jackups 3 Drillships, plus 1 under Construction
Market Conditions Have Significantly Depressed Corporate Debt and Equity
Vantage Drilling Strategic Focus
Strategic Overview Vantage was founded with a vision of bringing the best people together with the highest specification, modern fleet in Experienced the offshore drilling industry. People High With exceptional operating…
Our People Industry leading safety record Lost time incident rate in 2014 and 2013 were .35 Our senior management team and .32, respectively, as we completed averages over 30 years of approximately 2.8 million and 2.5 million…
Vantage Drilling High Specification Assets
High Specification Assets High-specification drillships combined with deep in-house We have built a fleet of new, premium assets operations and technical teams, have been the key to that our customers demand now and for the awards to…
Fleet Status Customer backlog of approximately 1.9 Billion provides visibility to cash flows 2014 2015 2016 Rig Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Jackups Emerald Driller 156,000 (2 years) Sapphire Driller 183,000 (18 months)…
Strong Customer Backlog We have focused our marketing efforts on 1.9 Billion of backlog with customers with long-term drilling requirements strong customer base: with the opportunity for long-term contracts 4% IOC 17% NOC…
Market Conditions Deliveries of newbuild rigs have saturated the Considerations marketplace and are negatively impacting By the end of 2016, pricing. How many rigs will have been cold stacked or scrapped Because of ready…
Significant Growth Achieved Emerald Driller Sapphire Driller Aquamarine Driller Topaz Driller Platinum Explorer Titanium Explorer Tungsten Explorer December 2008 July 2009 September 2009 December 2009 November 2010 April 2012…
Debt Maturities and Leverage No significant debt maturities until 2017 We have retired approximately 310 million of debt over the last 6 quarters; saving 18.1 million per year of cash interest
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