November 28, 2025 – Ventura Offshore Holding Ltd. (the “Company”) announces results for the third quarter of 2025. The results highlights will be discussed in an audio conference call on Friday, November 28, 2025 at 14:00 CET. Dial-in details for the conference call can be found below.

Highlights

  • Operational uptime of 95.6% and financial uptime of 91.9% in 3Q25 for the combined fleet of owned and managed rigs
  • Our customer Eni declared the second of the four optional wells in Indonesia for SSV Catarina
  • Net Income of $22.3 million for the quarter
  • Adjusted EBITDA of $19.7 million for the quarter
  • Free cash position of $35.5 million after repaying $9.5 million on the RCF during the quarter

Guilherme Coelho, Chief Executive Officer commented:

“We were very pleased to report the exercise of the second optional well by our customer Eni for the SSV Catarina, which reflects the top-tier performance of the unit and further increases our firm backlog by approximately $10 million. Another highlight was the delivery of solid operational performance to our customers during this quarter. Ventura Offshore remains firmly focused on securing additional backlog and believes to be well positioned to capture current and future opportunities.”

Link to conference call:

https://teams.microsoft.com/l/meetup-join/19%3ameeting_YTRjNzI1ZmItMjNkNy00Y2NkLThlZWItMTQ0MDM5MDk1MmRk%40thread.v2/0?context=%7B%22Tid%22%3A%224cbfea0a-b872-47f0-b51c-1c64953c3f0b%22%2C%22Oid%22%3A%229dd306f2-be12-4fa5-b89a-0e445936890c%22%2C%22IsBroadcastMeeting%22%3Atrue%2C%22role%22%3A%22a%22%7D&btype=a&role=a

pt_BRPortuguese