Vantage Drilling Sale Reports Pricing of $775 Notes Priced at 108% Face Value

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Vantage Drilling Company
VTG
announced today that its wholly-owned subsidiary, Offshore Group Investment Limited, has priced an offering of $775.0 million aggregate principal amount of additional 11 1/2% Senior Secured First Lien Notes due 2015. The Notes will be issued at a price equal to 108% of their face value, plus accrued and unpaid interest from February 1, 2012. The Notes will be guaranteed by Vantage and each of Issuer's existing and future subsidiaries and by certain of Vantage's other subsidiaries, and will be senior secured obligations of the Issuer and the guarantors.
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