Modular Drilling Rig & Modular Mud System

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1 Opportunity Overview Modular Drilling Rig & Modular Mud System Modular Drilling and Workover Unit and Mud System for Sale with the following unique features : 300 ton pull capacity Most components weighing no more than 12 tonnes, allowing the unit to be deployed at locations with limited cranes Integrated modular mud system designed to minimize package footprint and provide flexible rig-up Flexible design to allow the package to be tailored for particular projects and locations: Recover and run completions Drill horizontal sidetrack completions Drill up to 12 ¼ in hole sections Perform Plug & Abandonment Identified contract opportunities of $300mm + Many mature fields require Side Track Drilling, Well Intervention and P&A

2 Typical Offshore Platform Suitable for Modular Drilling Rig Deployment Platform with Derrick Structure Removed

3 Typical Offshore Platform Suitable for Modular Drilling Rig Deployment Cold Stacked Derrick Equipment Set Derrick Equipment Set with NO Drill Crew

4 Typical Offshore Platform Suitable for Modular Drilling Rig Deployment Tender Assist Drilled platforms with Tender Assist Vessel departed

5 Intervention Market Day Rate Jack Up, Platform DES Wireline Hydraulic Workover Coiled Tubing Capability

6 Intervention Market Day Rate Jack Up, Platform DES Wireline Hydraulic Workover Modular MWDU Drilling Rig Coiled Tubing Capability

7 Hoist Pull Capacity: 600,000 lbs (272 t) Key Specifications Top Drive Capacity: 23,600 ft 115 RPM HPU s Max Power Output: 1800 BHP Pipe Handling Range: 2-3/8 to 14 Length: Range III Singles Rig Mud System Tank Capacity: 1296 bbls (206m3) Flow Capacity: Up to 14 bbls /min (600 GPM) Intelligent Control System HMI / PLC Control Ability to integrate to remote Real Time Ops system thru WITS Fire and Gas system CCTV System

8 Crew Levels 5-7 per shift depending on operation Key Specifications Rig up and Commissioning TIme 7 10 days ~80 shipping lifts depending on configuration Package Weights Individual Modules: 12,000 kgs Global Max Load: 1400 tonnes

9 Crew / Manning Requirements Onshore Team Maintenance Manager Operations Manager HR logistics Materials/ Logistics coordinator Offshore Team Senior Toolpusher Driller Assistant Driller Derrickman Roughneck Electrician Driller Assistant Driller Derrickman Roughneck Mechanic

10 Core Components Well Control Power, Control System Hoisting, Pipe Handling 10k Choke Manifold BOP Accumulator Closing Skid Diesel Hydraulic Power System HMI, Human Machine Interface Top Drive System 600k lbs Rig Assist Jacking System Cat Walk Machine Rack & Pinion 300k lbs Hoisting Tower Iron Rough Neck 5k Stand Pipe Manifold Centrifugal Degasser Structure Fluid, Solids Control PoorBoy Degasser Drill Floor Sub Structure 206m³ Mud Plant Shakers

11 Core Components Skid Deck Arrangement Rack & Pinion Hoist Mast Drill Floor Mud Plant Sub Structure Skid Beams Structural Interface

12 Core Components Skid Deck Arrangement Rack & Pinion Hoist Mast Top Drive Winch Package Poor Boy Degasser (vent line not shown) Mud Plant DCR Drill Floor Sub Structure Shaker House Structural Interface Skid Beams

13 Core Components Pipe Deck Arrangement Diesel Hydraulic Power Units Plant Cat Walk Machine Pipe Choke Manifold Pipe Feeder Table BOP Closing Unit Pipe Chute Directing Frame

14 View of the Off Driller Side of the Rig Rear View of the Rig

15 View of the Rig and Mud Package Side View of the Rig and Mud Package

16 View of the Rig Plan view of the Rig

17 View of the Rig on an Offshore Installation

18 Weight Distribution Item Weight kg No lifts Modular Drilling Rig 229,783 kg 51 Mud Package 136,293 kg 28 BOP Skid & Choke Manifold & Mix Skid 22,067 kg 3 Power Packs 58,000 kg 6 Cat Walk Machine 16,100 kg 2 Total 462,243 kg 90 Note:- Estimated Dry weight, excludes hook load and fluid weight Estimated weight and number of lifts for unit construction (not shipping lifts) Excludes inter connecting pipe work and hoses

19 Example Layout Footprint

20 Core Components Rack & Pinion Hoist Long stroke rack and pinion hoist 55ft travel, 150te (300klbs) lift range 3 pipe limited push with Top Drive Integrated Rig assist Jack 10ft travel, 600,000 lbs max designed for lift & lowering only

21 Core Components Rig Assist Jack Integrated Casing Jack 10ft travel, 600klbs lift Rig Assist Travelling Head, Designed for lift & lowering only Stationary Slip Mounting Point

22 Core Components:- Rig Assist Jack Rack & Pinion Mast Can Rig TM 80- Iron Rough Neck Rack & Pinion Machine Room Rig Assist Travelling Head, B & V PS 500 power slip Drill Floor

23 Core Components:- Rig Assist Jack Rig Assist Travelling Head, B & V PS 500 power slip Rig Assist Jack Hydraulic Cylinder Rods

24 View From DCR of rig floor Can Rig TM 80- Iron Rough Neck B & V PS 500 power slip Core Components Rig Assist Travelling Head, Rig Assist Jack Hydraulic Cylinder Rods Drill Floor

25 Rig Assist Core Components Travelling Head, Rig Assist Jack Hydraulic Cylinder Rods B & V PS 500 STATIONARY power slip Drill Floor

26 Human Machine Interface

27 Core Components Drill Floor & Structure Flowline Tiger Tail Catwalk Directing Frame Rig Skidding System Bop trolley

28 Wireline, sheave wheel support post Core Components Primary V Door DCR Cat Heads V Door ( option) V Door ( option) Top Drive Rack & Pinion Mast

29 Core Components Pipe Handling Pipe Ejector Pipe Chute Catwalk Wireless Control Pipe Feeder Table

30 Pipe Chute Directing Frame

31 Core Components Mud Package

32 Mud Package DCR Mix Pump Discharge Manifold Poor Boy Degasser Shaker House Flow Ditch Super Charge Pump Discharge Manifold Suction, Equalize Lines Mud Tanks Pump Skids

33 Mud Package AXIOM AX -1 Shaker Cuttings Screw Conveyor

34 Mud Package Poor Boy Degasser Flow Ditch Shaker House DCR BOP Koomy

35 Unit Overview

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