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Valiant Offshore Inc.

Company Summary

Description

Subsidiary of Ocean Rig UDW

Operational Regions

  • International

Related Entities

Recent news

  • 6/11/2018 - Ocean Rig UDW's... (subscriber access)
  • 5/29/2018 - Ocean Rig UDW Subsidiary... (subscriber access)

Company Transactions

Date: 5/29/2018
Type: Acquisition

BUYERS:
  • Valiant Offshore Inc.
    • DETAILS:

    COST: 110 $MM

    NOTES:
    Ocean Rig UDW's subsidiary, Valiant Offshore, announced plans to launch an equity offering that will be connected to the acquisition of the Leiv Eiriksson and the Eirik Raude semi-sub drilling rigs. They will exchange 24 million shares of common stock and $110 million in cash for the deal.
    REGIONS:
  • International