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Vantage Drilling Company
VTG announced today that the Aquamarine
Driller's customer in Malaysia has exercised the first of their one
year options, extending the current contract to November 2013. The
exercise of the option will keep the Aquamarine Driller working in
continuity with its current contract and is anticipated to generate
an estimated $56 million of revenue over the one year extension
period. The Aquamarine Driller's customer retains one additional one
year option, at mutually agreeable rates.
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