SOURCE: Vantage Energy Services, Inc.

June 12, 2008 17:59 ET

Vantage Energy Services Completes Acquisition of Offshore Group Investment Limited

HOUSTON, TX--(Marketwire - June 12, 2008) - (AMEX: VTG.U) (AMEX: VTG) (AMEX: VTG.WS) -- Vantage Drilling Company today announced that Vantage Energy Services, Inc. completed its previously announced acquisition of Offshore Group Investment Limited. In connection with this transaction, Vantage Energy became a wholly-owned subsidiary of Vantage Drilling. Effective Friday, June 13, 2008, the units, ordinary shares and warrants of Vantage Drilling will trade under the symbols VTG.U, VTG and VTG.WS, respectively, on the American Stock Exchange, and the units, common stock and warrants of Vantage Energy will no longer be traded. Each unit, share of common stock and warrant of Vantage Energy will be converted to one unit, ordinary share and warrant, respectively, of Vantage Drilling.

Contact Information

  • Public & Investor Relations Contact:

    Paul A. Bragg
    Chairman & Chief Executive Officer
    Vantage Drilling Company
    (281) 404-4700