Pacific Drilling S.A. will issue a press release announcing its financial results for the fourth quarter and full year ended December 31, 2019 on Wednesday, March 11, 2020 following market close. The earnings announcement press release will be available on the Company’s website at www.pacificdrilling.com. Pacific Drilling CEO Bernie Wolford will hold a conference call to discuss the fourth-quarter and full-year [...]
Pacific Drilling S.A. announced today that its subsidiaries, Pacific Drilling VIII Limited and Pacific Drilling Services, Inc. , have filed an application with the High Court in London for leave to appeal the award that has been issued in the arbitration proceedings between PDVIII and PDSI and Samsung Heavy Industries Co. Ltd. related to the contract for the construction and sale of the Pacific Zonda. As previously [...]
Pacific Drilling S.A. announced today that it has entered into a $50 million first lien superpriority revolving credit agreement with Angelo, Gordon Energy Servicer, LLC, as administrative agent and the lenders party thereto . The Company expects to use any future borrowings under the Revolving Credit Agreement to finance working capital and capital expenditure needs. The Company’s obligations under the Revolving [...]
Pacific Drilling S.A. announced today that an award has been issued in the previously disclosed arbitration proceedings between the Company’s subsidiaries, Pacific Drilling VIII Limited and Pacific Drilling Services, Inc. , and Samsung Heavy Industries Co. Ltd. related to the contract for the construction and sale of the Pacific Zonda. An arbitration tribunal in London, England awarded SHI approximately $320 million [...]
Pacific Drilling S.A. announced today that it has launched a newly redesigned corporate website at www.pacificdrilling.com. The revamped site includes improvements to navigation, streamlined menus, a responsive layout for all platforms and easier to access information and resources on the Pacific Drilling fleet. The site updates feature a host of new design and graphic elements as well as other underlying improvements [...]
Pacific Drilling S.A. today reported results for the third quarter of 2019. Net loss for third-quarter 2019 was $90.8 million or $1.21 per diluted share, compared to net loss of $73.6 million or $0.98 per diluted share in second-quarter 2019. Pacific Drilling CEO Bernie Wolford commented, “We continue to add meaningful backlog, demonstrating the strength of our marketing team, our reputation for high performance and [...]
Pacific Drilling S.A. will issue a press release announcing its financial results for the third quarter ended September 30, 2019 on Tuesday, November 5, 2019 following market close. The earnings announcement press release will be available on the Company’s website at www.pacificdrilling.com. Pacific Drilling CEO Bernie Wolford will hold a conference call to discuss the third-quarter results on Wednesday, November 6 [...]
Pacific Drilling S.A. , one of the world’s leading deepwater drilling contractors, today announced that Chief Executive Officer Bernie Wolford will participate in the Barclays CEO Energy-Power Conference in New York on Wednesday, September 4, 2019, and the Pareto Securities’ 26th Annual Oil & Offshore Conference in Oslo, Norway on Wednesday, September 11, 2019. At the conclusion of each event, Wolford’s [...]
Pacific Drilling S.A. today announced that its report of drilling vessel status and contract information has been updated as of August 13, 2019. The report can be found on the Pacific Drilling website at www.pacificdrilling.com under the “Operations” section of the website. About Pacific Drilling With its best-in-class drillships and highly experienced team, Pacific Drilling is committed to becoming the [...]
Pacific Drilling S.A. today reported results for the second quarter of 2019. Net loss for second-quarter 2019 was $73.6 million or $0.98 per diluted share, compared to net loss of $84.0 million or $1.12 per diluted share in first-quarter 2019. EBITDA for second-quarter 2019 was $14.0 million, compared to $1.9 million in first-quarter 2019. “During the second quarter, we maintained our focus on putting rigs to work [...]
Pacific Drilling S.A. will issue a press release announcing its financial results for the second quarter ended June 30, 2019 on Monday, August 12, 2019 following market close. The earnings announcement press release will be available on the Company’s website at www.pacificdrilling.com. A conference call to discuss the second-quarter results will follow on Tuesday, August 13, 2019 beginning at 10 a.m. US Central [...]
Pacific Drilling S.A. , one of the world’s leading deepwater drilling contractors, today announced that Pacific Drilling’s Board has appointed James W. Harris to serve as the Company’s Senior Vice President and Chief Financial Officer. Mr. Harris replaces Mr. Johannes P. Boots, who, as previously announced, mutually agreed with the Company to step down from his position to pursue other opportunities. Mr [...]
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