Tuscany International Drilling, Inc. (TID) - Oil & Gas - Deals and Alliances Profile

 Published On: Nov, 2014 |    No of Pages: 41 |  Published By: GlobalData | Format: PDF
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Summary

Tuscany International Drilling, Inc. (Tuscany) is an international drilling contractor in the oil and gas industry. The company provides contract drilling and workover services along with equipment rentals to exploration and production companies. It concentrates on offering its services to oil and natural gas operators within South America and Africa. The company undertakes business operations through its wide network of rig fleet. The company operates in Colombia, Ecuador, Trinidad, Brazil, Gabon, Congo and Tanzania. Tuscany is headquartered in Calgary, Alberta, Canada.

As a part of managing costs, in March 2013, the company decommissioned four rigs (Rigs 103, 121, 124 and 129) as it no longer expect these rigs to return to service as they would require significant capital spending.

Tuscany International Drilling, Inc. (TID) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company’s (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company’s operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents

Table of Contents 2
List of Tables 4
List of Figures 5
Tuscany International Drilling, Inc., Oil & Gas, Deals By Year, 2008 to YTD 2014 6
Tuscany International Drilling, Inc., Oil & Gas Deals By Type, 2008 to YTD 2014 7
Tuscany International Drilling, Inc., Oil & Gas, Deals By Region, 2008 to YTD 2014 8
Tuscany International Drilling, Inc., Oil & Gas, Deals By Sector, 2008 to YTD 2014 9
Tuscany International Drilling, Inc., Oil & Gas, Deals Summary, 2008 to YTD 2014 10
Tuscany International Drilling, Inc., Oil & Gas, Deal Details 11
Equity Offering 11
Tuscany International Completes Bought Deal Public Offering For US$101.9 Million 11
Tuscany International Completes Bought Deal Private Placement Of US$45 Million 13
Tuscany International Drilling Completes Private Placement Of US$63.41 Million 15
Tuscany International Drilling Completes Private Placement Of US$14.56 Million 16
Asset Transactions 17
Maurel & Prom Completes Acquisition Of Two Drilling Rigs In Colombia From Tuscany International For US$23 Million 17
Acquisition 19
Maurel & Prom Completes Acquisition Of Caroil, Oil And Gas Drilling Company, From Tuscany International 19
Tuscany Rig Acquires Caroil From Etablissements Maurel & Prom 21
Tuscany International Drilling Acquires Private Brazilian Drilling And Workover Company 23
Tuscany International Drilling, Inc. - Key Competitors 24
Key Employees 25
Locations And Subsidiaries 26
Head Office 26
Other Locations & Subsidiaries 26
Recent Developments 28
Financial Announcements 28
Jul 23, 2014: Tuscany International Drilling Announces Redemption of Redeemable Shares 28
Apr 02, 2014: Tuscany International Drilling Reports Fourth Quarter and Year-End 2013 Results 29
Nov 14, 2013: Tuscany International Drilling Announces Third Quarter 2013 Conference Call 30
Aug 09, 2013: Tuscany International Drilling Announces Second Quarter 2013 Financial Results 31
Jul 30, 2013: Tuscany International Announces Second Quarter 2013 Conference Call 33
May 13, 2013: Tuscany Reports Revenue Of US$59 Million In Q1 2013 34
Mar 21, 2013: Tuscany Reports Revenue Of US$329.5 Million In 2012 35
Other Significant Developments 36
Jan 27, 2014: Tuscany International Drilling Announces Forbearance Agreement With Senior Lenders 36
Nov 28, 2013: Tuscany International Drilling Announces Amendment to its Credit Facility and Appointment of Chief Restructuring Officer 37
Apr 09, 2013: Tuscany International Drilling Announces Resignation of Jeff Scott as a Director 38
Apr 08, 2013: Tuscany International Drilling Announces Hiring of Financial Advisors to Conduct Review of Strategic Alternatives 39
Feb 06, 2013: Tuscany Appoints Walter Dawson As CEO 40
Appendix 41
Methodology 41
About GlobalData 41
Contact Us 41
Disclaimer 41

List of Tables

Tuscany International Drilling, Inc., Oil & Gas, Key Facts, 2012 1
Tuscany International Drilling, Inc., Oil & Gas, Deals Summary, 2008 to YTD 2014 1
Tuscany International Drilling, Inc., Oil & Gas, Deals By Year, 2008 to YTD 2014 6
Tuscany International Drilling, Inc., Oil & Gas Deals By Type, 2008 to YTD 2014 7
Tuscany International Drilling, Inc., Oil & Gas, Deals By Region, 2008 to YTD 2014 8
Tuscany International Drilling, Inc., Deals By Sector, 2008 to YTD 2014 9
Tuscany International Drilling, Inc., Oil & Gas, Deals Summary, 2008 to YTD 2014 10
Tuscany International Completes Bought Deal Public Offering For US$101.9 Million 11
Tuscany International Completes Bought Deal Private Placement Of US$45 Million 13
Tuscany International Drilling Completes Private Placement Of US$63.41 Million 15
Tuscany International Drilling Completes Private Placement Of US$14.56 Million 16
Maurel & Prom Completes Acquisition Of Two Drilling Rigs In Colombia From Tuscany International For US$23 Million 17
Maurel & Prom Completes Acquisition Of Caroil, Oil And Gas Drilling Company, From Tuscany International 19
Tuscany Rig Acquires Caroil From Etablissements Maurel & Prom 21
Tuscany International Drilling Acquires Private Brazilian Drilling And Workover Company 23
Tuscany International Drilling, Inc., Key Competitors 24
Tuscany International Drilling, Inc., Key Employees 25
Tuscany International Drilling, Inc., Other Locations 26
Tuscany International Drilling, Inc., Subsidiaries 27

List of Figures

Tuscany International Drilling, Inc., Oil & Gas, Deals by Type, 2008 to YTD 2014 1
Tuscany International Drilling, Inc., Oil & Gas, Deals By Year, 2008 to YTD 2014 1
Tuscany International Drilling, Inc., Oil & Gas, Deals By Region, 2008 to YTD 2014 1
Tuscany International Drilling, Inc., Oil & Gas, Deals By Sector, 2008 to YTD 2014 1
Tuscany International Drilling, Inc., Oil & Gas, Deals By Year, 2008 to YTD 2014 6
Tuscany International Drilling, Inc., Oil & Gas, Deals by Type, 2008 to YTD 2014 7
Tuscany International Drilling, Inc., Oil & Gas, Deals By Region, 2008 to YTD 2014 8
Tuscany International Drilling, Inc., Oil & Gas, Deals by Sector, 2008 to YTD 2014 9


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