Vantage Drilling Company GHS 100 Energy Conference Chicago, Illinois June 26, 2013
Corporate Overview Symbol: VTG (NYSE AMEX) Location: HQ Houston; Operations Singapore; Marketing Dubai Market Cap: 550 million (1.82 per share) Book Value: 568 million (1.93 per share) Enterprise Value: 2.7 billion Employees:…
Recent Developments Awarded 90-day contract for Tungsten Explorer commencing upon delivery from shipyard and short mobilization; approximately 68.2 million of backlog including mobilization fees. Additionally, we received a Letter…
Vantage Strategic Focus Right Right People To provide the long-term Assets value to our shareholders, we must first invest in the right people and the right assets to pursue the business opportunities. The Shareholder right…
Right People Our senior management team averages over 29 years of Industry experience. The cornerstones of our corporate culture are safety and professionalism. Industry leading safety record in 2012, we completed over 2.2…
Right Assets We have built a fleet of new, premium assets that our customers demand now and for the future. Premium high-specification drilling units, including four jackup rigs and three drillships. Total costs of owned fleet of…
Premium Fleet with a Proven Track Record Owned Assets Management Projects Newbuild Ultra-Premium Marine Pacific Class 375 Jackups 6 Ultra-Premium Jackups Emerald Driller Sapphire Driller Topaz Driller Aquamarine Driller Mexican…
Strong Demand for Assets Jackup Market Deepwater and Ultra-deepwater Significant Replacement Cycle Markets Growth Cycle Capabilities and age The current worldwide fleet is comprised mostly of older, inefficient rigs 15% of todays…
Right Customers We have focused our marketing efforts on customers with long-term drilling requirements with the opportunity for long-term contracts. All of our jack-ups are currently working for repeat customers. We currently…
Customers Provide Strong Backlog Customer backlog of approximately 3.0 Billion provides visibility to cash flows Ownership 2012 2013 2014 Rig % Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Jackups Emerald Driller 100% 130,000 156,000 (2…
Right Financial Structure Our financial leverage is counter-balanced by a strong contract backlog and long-term visibility of cash flows. We have refinanced our senior debt Staggered maturities through 2023, Added flexibility…
Strong Growing Cash Flow to Service Debt Long-term contracts provide visibility to cash flow to support existing leverage. Investments made to-date generating favorable returns for the future. Majority of Projected EBITDA is…
Strategic Focus Near Term Next Steps Debt Refinancing DONE Deployment & startup of Tungsten Explorer resulting in EBITDA run-rate 500 million; Titanium Explorer back to full day rate dramatically increasing profitability DONE…
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