Pacific Drilling S.A. announced that given the uncertainty caused by recent market conditions, the company is withdrawing its full year 2020 financial guidance that was provided with its March 11, 2020 Fourth-Quarter and Full-Year 2019 Results Announcement. The company expects Full-Year 2020 results to reflect substantial reductions from its previous guidance as a result of initiated cost reduction measures, including reducing operating expenses and general and administrative expenses via layoffs and non-labor spend cuts and decreasing capex.