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After reading the case, answer thses questions in your case write-up:
- Is the offshore drilling industry an attractive industry?
- Discuss Pacific Drilling’s strategy for entering and positioning itself in the offshore drilling industry. How successful has it been?
- What are the challenges facing Pacific Drilling as oil prices have started dropping in 2014? How should it compete over the next several years?
Case Write-ups should be around 5 pages (1000–1200 words) maximum, 10 point font, double-spaced. Please also use exhibits and charts as necessary to support your text answers.