Restructuring Information

Diamond and certain of its subsidiaries commenced chapter 11 cases on April 26, 2020. Chapter 11 is the section of the U.S. Bankruptcy Code that covers court-supervised restructurings of businesses.

Like many companies, Diamond has been impacted by the continued downturn in the oil and gas industry. Restructuring our finances will allow us to build a bridge to the upturn in the industry when fleet utilization and day rates return to more normal levels.

Diamond will continue all normal day-to-day operations throughout this process and will continue to serve customers without interruption.

This restructuring will help us create a more sustainable financial structure and ensure we are well positioned for the future.

Information and resources

Case information 

Court filings and other information related to the court-supervised proceedings are available at https://cases.primeclerk.com/diamond

Information line 

If you have any questions about this process, please call U.S. toll free 877-720-6570 or international toll 929-955-3417, or email diamondinfo@primeclerk.com

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