Vantage Drilling Company Common Shares (VTGDF)

[dhbyrd4]

http://seekingalpha.com/article/4048110-hercules-offshore-sells-hercules-260-3-international-liftboats-total-28_5-million

Here's the post. Vantage drilling paid 13 million for Hercules 260 which was built in 1978 with major upgrades in 2008. The rig has a $81 million back log with the rig being contracted until 2020. Good job vantage drilling for picking up a rig with a contract.