| |
Rig |
Rated Water Depth |
Client |
Location |
Status |
|
|
|
|
| |
|
|
|
|
|
|
| |
Energy Exerter |
300' |
|
Rotterdam |
See note 1 |
|
| |
| |
|
|
|
|
|
|
|
|
| |
Energy Enhancer |
300' |
Maersk |
Denmark |
|
Late
May '12 |
Mid Mar '13 |
|
| |
|
|
|
|
|
|
|
|
| |
Energy Endeavour |
300' |
Maersk |
Denmark |
Contracted |
Mid April '11 |
Mid April '14 |
|
| |
|
| |
Other Information |
| |
1 As of April 2012, NOF BOD is reviewing strategic options with respect to further investment/disposition of this
unit.
2 Preparing for contract.
3 Plus client reimbursed mods; 3 one-year options at escalating rates.
4 Two by one year options exercised from April 2012. |
|
| |
Floaters |
|
|
|
|
|
| |
Energy Driller |
1000' |
ONGC |
India |
Contracted | April '12 |
April '15 |
|
| |
|
|
|
|
|
|
|
|
| |
Energy Searcher |
2500' |
VGP |
Vietnam |
Contracted |
|
June '13 |
Low 180's |
| |
|
| |
Other Information |
| |
5 Includes 10.3% Indian service tax. |
|
| |
| |
Floating Production Facility |
|
|
|
|
| |
Northern Producer |
1200’ |
EnQuest |
UK North Sea |
Contracted |
Early
Mar '08 |
See note 6 | See note 7
|
| |
|
| |
Other Information |
| |
6 Don Field UKCS for life-of-field contract
7 Tarriff based upon daily production and N.S. Brent Oil prices |
|
*In thousands of US dollars. In addition to the
day rate revenues set forth in this fleet status
table, the company may receive other miscellaneous
contract drilling revenues not included in
the table. These revenues are the result of
rig mobilization fees and miscellaneous fees
including catering, labor, material, rental,
handling, and incentive bonuses.
Definitions:
low = 0, 1, 2, 3.999 ie: 50,000 - 53,999
mid = 4, 5, 6.999 ie: 54,000 - 56,999
high = 7, 8, 9.999 ie: 57,000 - 59,999
Disclaimer
Customer
commitments referred to in this report are
evidenced by formal contracts only when so
noted. There is no implication of guarantee
that present commitments not yet evidenced
by contracts will result in contracts or that
such contracts will be on terms identical to
the commitments. In addition, the duration
of commitments and contracts indicated in this
report is, in some cases, an estimate based
on the number of wells to be drilled pursuant
to such commitments and contracts.
This information includes “forward-looking” statements (defined in Section 27A of the US Securities Act and Section 21E of the US Exchange Act as all statements other than statements of historical facts) including, without limitation, those regarding the Company’s financial arrangements and operations. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the Company, or, as the case may be, the industry, to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate. Among the important factors that could cause the Company’s actual results, performance or achievements to materially differ from those in the forward-looking statements are among others, the competitive nature of the markets, technological developments, government regulations, and changes in economic conditions or political events. |
