Offshore Drilling industry set to be reshaped
Invest in high quality drilling vessels and bareboat to reputable Drilling Contractors, with the ambition to create value to our shareholders and customers.
Mission
Deep Value Drillers mission is to create value for our customers and investors through the safe and sustainable operations of our modern 7 generation drilling rig with minimal impact to the environment.
Unique distressed opportunity
Perfect price & timing
Best in class drillship
Attractive upside potential
Fleet
Our fleet consist of Deep Value Driller, a modern high spec. 7th generation Drillship, built in 2014
Among the most capable 7G drillships
Very well maintained while being stacked (previous owner have spent ~USD 70k/day in stacking cost)
Key features include dual activity, two 7 RAM BOPs, large deck space and 165ton subsea crane
Limited reactivation cost required
Specs
| . | . |
|---|---|
| Design | GustoMSC P10,000 |
| Rig water depth (ft) | 10,000 |
| Drilling depth (ft) | 40,000 |
| Dual activity | Yes |
| Rig status | Warm stacked |
| Build cost (USD) | 750,000,000 |
| Build yard | Hyundai Heavy Industries |
| Delivery date | 21 feb 2014 |
| Number of BOP stacks | Dual 7 RAM BOP Stack Equipped |
| Max hook load (lbs) | 2,500,000 |
| Quarters capacity | 210 |
Fundamental data
| . | . |
|---|---|
| ISIN | NO0010955917 |
| Ticker | DVD |
| Company number | 926410652 |
| Security type | Stock |
| CFI code | ESVUFR |
| Total number of shares | 86,30 mill |
| Face value | 0,10 |
| Share capital | 8,63 mill. |
| Voting right | J |
| Ownership restrictions | N |
Other investor information
| . | . |
|---|---|
| Auditor | Ernst & Young |
| 100% Equity financed |
Investors
Company
Managment
Svend Anton Maier
More than 20 years’ experience from international Executive Management positions in Publicly Listed Companies, including CEO at Borr Drilling and several executive operational roles at Transocean and Seadrill
Einar J. Greve
Works as a strategic advisor in Cipriano AS
Previously worked as partner of Wikborg Rein & Co for 15 years and as partner of Arctic Securities ASA
Has held and holds various positions as board member and chairman in Norwegian and international listed and unlisted companies
Holds a degree in law ( cand.jur ) form the University of Oslo
Espen Western
18 years buy side experience predominantly from London
Held several senior portfolio management positions at various hedge funds and family offices
Held various positions as board member in Norwegian and internationally listed and unlisted companies
MPhil Economics degree from the University of Cambridge
Gunnar Hvammen
Works as an active owner/founder through his different companies organized under the holding company Lauvheim Holding AS within the oil service, real estate business and technology
Previously worked for Fondsfinans and Normarine Offshore Consultants (today Pareto Offshore)
Held various positions as board member in Norwegian and internationally listed and unlisted companies