Please read Case 11(C-147) part 4, case studies Pacific Drilling: The Preferred Offshore Driller and write a 4 to 6-page APA formatted paper.

• Write a summary of the case as the introduction of your paper

• Why offshore drilling?

• Offshore drilling typically used three types, what are the three types of offshore drilling?

• What was the reason for the fall of the company's stock in 2014? Was the fall of the company's stock related to the movement of Global Oil prices?

• Was collaboration with Chevron a wise move for the company?

• What were the challenges:

  • Competition in the market including the supply of shale oil,

  • Technological challenges, and

  • Dealing with fluctuations in the international oil prices