Vantage Drilling Company Common Shares (VTGDF)

[luvgrowth]

New 18 month contract for the EMERALD DRILLER[color=red][/color]...currently mobilizing to the middle east (I assume the (Arab nation) client foresees a near term price increase for barrels of oil and wants to pump more black gold)and is now on contract for end of 3rd quarter 2016. Cash outlay for emerald readiness is not much. The rig is in good working order. The day rate is at current market conditions with a decent margin. The contract is cash flow positive and the costs are in the mid-forties.

...I just finished listening to the Q-2 2016 CC from Thursday Aug 11 2016. The above Question was the second of 5 questions analysts posed during the Q and A session. One analyst was from Jefferies. Two analysts are named George and Lucas.

This new development can also be seen in the Aug 10 2016 updated Rig Fleet Status bar chart on the Vantage Drilling site: http://vantagedrilling.com/rig-fleet/rig-fleet-status/, accessed Aug 13 2016.

...this is another catalyst.