Vantage Drilling Company Announces Contract Award for Ultra-Premium Jackup Sapphire Driller

HOUSTON, TX, Jun 01 (MARKET WIRE) --
Vantage Drilling Company ("Vantage") (NYSE Amex: VTG.U) (NYSE Amex: VTG)
(NYSE Amex: VTG.WS) announced today that its ultra-premium jackup rig,
the Sapphire Driller, has been awarded a contract for a drilling program
in West Africa with an anticipated duration of three to six months. The
contract is to commence in August 2009 following the completion of
Sapphire Driller's construction and commissioning activities in Singapore
and mobilization to West Africa. Estimated revenues to be generated over
the term of the contract, net of taxes are approximately $13.6 million to
$23.8 million.

Additionally, the customer has signed a second contract with Vantage for
an ultra-premium jackup rig for a 2011 drilling program in West Africa
with an estimated duration of 6 to 12 months. Vantage may use any one of
its four Baker Marine Pacific Class 375 jackup rigs to conduct those
operations.

Paul Bragg, President and Chief Executive Officer, commented, "We are very
pleased to announce the signing of this contract during the current
environment of reduced drilling activity. This contract provides the
Sapphire Driller with work commencing as soon as the unit is available
from the shipyard. We believe that the deployment of the rig also
positions us better for follow-on opportunities."

The Baker Marine Pacific Class 375 jackup rig is an independent leg,
cantilever, non-harsh environment jackup with a drilling depth of
approximately 30,000 feet and is capable of operating in water depths up
to 375 feet.

The information above includes forward-looking statements within the
meaning of the Securities Act of 1933 and the Securities Exchange Act of
1934. These forward-looking statements are subject to certain risks,
uncertainties and assumptions identified above or as disclosed from time
to time in the company's filings with the Securities and Exchange
Commission. As a result of these factors, actual results may differ
materially from those indicated or implied by such forward-looking
statements.

Public & Investor Relations Contact:
Paul A. Bragg
Chairman & Chief Executive Officer
Vantage Drilling Company
(281) 404-4700

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