Vantage Drilling: Modern Fleet May Produce Growth That Makes Debt Bearable
- Vantage Drilling has one of the most modern fleets of ultra-deepwater and shallow-water drilling rigs in the industry.
- This modern fleet is highly desired by exploration and production companies.
- Vantage Drilling has had to take on a very high debt load to build this fleet.
- The company has very strong forward growth potential that should allow it to carry this debt load.