Pacific Drilling and certain of our domestic and international subsidiaries have filed petitions for relief under Chapter 11 in the United States Bankruptcy Court for the Southern District of New York, commencing November 12, 2017. This process aims to optimize Pacific Drilling’s capital structure pending recovery in the floating rig drilling industry.
With seven of the most advanced high-specification drillships in the world, Pacific Drilling intends to continue our world-wide operations as usual as well as continue to serve customers without interruption.