Please read Case 11(C-147) part 4, case studies Pacific Drilling: The Preferred Offshore Driller and write a paper with a minimum of five APA formatted pages.

After you learned about the case study of Pacific Drilling: The Preferred Offshore Driller, provide written CLA1 by answering the followings:

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