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VTGDF Vantage Drilling Company (CE)

0.000001
0.00 (0.00%)
30 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Vantage Drilling Company (CE) USOTC:VTGDF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Vantage Drilling Says Arbitration Tribunal Awards It $622 Million in Petrobras Dispute

02/07/2018 8:12pm

Dow Jones News


Vantage Drilling (CE) (USOTC:VTGDF)
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By Josh Beckerman

 

Vantage Drilling International said an international arbitration tribunal awarded the company $622.02 million in a dispute with Brazil's Petroleo Brasileiro SA, or Petrobras, over a 2015 contract termination.

Petrobras didn't immediately return an email seeking comment.

Vantage filed for chapter 11 bankruptcy in late 2015, citing oil prices and the effects of bribery allegations about Petrobras, which was Vantage's largest customer. Vantage emerged from bankruptcy protection in early 2016.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

July 02, 2018 14:57 ET (18:57 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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