Selling Agent for clients seeking to sell two damaged oil rigs in Gulf of Mexico.

Katrina Damaged Oil Rigs For Sale: (2)

Purchase Price: $55 Million Each

Replacement Costs: Approximately $200,000,000 Each & 3 to 4 years to build

Repair Costs: $45,000,000 Each

Repair Time: Less than 1 year

Rig #1

JU1 Adriatic VIII Jack-Up Rig 328 Foot Jack-Up 3000 HP

Design Marathon LeTourneau 116-C Overall Dimension 243 x 200 x 26 ft.

Spud can diameter 46 ft. Legs (3) 443 ft. long triangular

Quarters capacity 108 persons Operating water depth 328 ft.

Cantilever envelope 40 ft. x 30 ft. Max. Cantilever extension 45 ft.

Max. Variable load (drilling) 4,974 kipps

Derrick 160 ft. x 30 ft. DSI w/static hook load capacity of 1,250,000 lbs w/14 lines

Drawworks National Oilwell 1625 DE, 3000 HP, driven by three GE 752 DC Motors

with an Baylor Elmegco 7838 auxillary electric brake.

Rotary table National Oilwell C-375, 37 = in. driven by GE - 752 electric

motor w/2 speed gear box.

Top drive Varco TDS-4S, 500 short tons, continuous drilling torque rating 45,400 ft. -

lbs. w a Varco PH-85 pipe handler.

Mud Pumps Three National Oilwell 12 P-160, 1,600 hp triplex pumps each driven by

two GE 752 Hi-Torque DC traction motors, rated to 5,000 psi.

Solids control 4 x Derrick Flo LXP Shale Shakers, 1 x 24 cone desilter, 1 x 3 cone

desander.

Instrumentation Petron Pit Volume totalizer with mud flow and trip tank monitoring

Power Equipment

DC Four Ross Hill SCR units, 1600 amps each powering 8 drilling motors.

AC Five Catepillar D-399TA diesel engines, 1215 hp, driving 4 KATO 600 volt,

800 kw generators

Storage Capacity

Liquid mud 1,870 bbls.

Base Oil 647 bbls.

Bulk material 9,800 cu. ft.

BOP Equipment

Diverter Hydril MSP 1000, 2,000 psi, 29 < in. diverter w/two 12 in. discharge lines and

12 in. hydraulically operated ball valves.

BOP Stack 12 1/4 in. x 2,000 psi WP BOP stack, with one Cameron U double ram

preventers, one Hydril MSP-2000 21 1/4 in. , 2,000 psi WP annular.

BOP handling 4 x 25 short ton (total) hoist and trolley handling system.

Cranes 3 Marathon Letourneau cranes, 2 x 120 ft. booms, 1 x 100ft boom rated for 50

short tons at 24 ft. radius.

Special Features Cantilever extensions 15 ft. pin on extensions are available to increase the maximum skid out distance to 60 ft. all of the stem and drilling envelope to 55 ft. x 30 ft.

JU2 High Island III Jack-Up Rig 250 Foot Jack-Up 2000 HP

Design Marathon LeTourneau 82-SD-C Overall Dimension 207 x 176 x 20 ft.

Spud can diameter 40 ft. Legs (3) 360 ft. long triangular

Quarters capacity 88 persons Operating water depth 250 ft.

Cantilever envelope 35 ft. x 20 ft. Max. Cantilever extension 40 ft.

Max. Variable load (drilling) 3,566 kipps

Derrick 160 ft. x 30 ft. DSI w/static hook load capacity of 1,000,000 lbs w/12 lines

Drawworks National Oilwell 1320 UE, 2000 HP, driven by two GE 752 DC Motors

with an Elmagco 7838 auxillary electric brake.

Rotary table National Oilwell C-375, 37 = in. driven by independent DC electric

motor w/2 speed gear box.

Top drive Varco TDS-3H, 500 short tons, continuous drilling torque rating 31,000 ft. -

lbs. w a Varco PH-60 pipe handler.

Pipe Handling Hawk Spinmaster, DB Tongs

Mud Pumps Two National Oilwell 12 P-160, 1,600 hp triplex pumps each driven by

two GE 752 Hi-Torque DC traction motors, rated to 5,000 psi.

Solids control 3 x Derrick Flo-Line cleaner FLC 2000 4-panel shakers, one is equipped

w/ 2 x 10 in. desander cones and 20 x 4 in. desilter cones for mud

cleaning. NU-TEC Gumbo Box in flow line.

Instrumentation Petron IDS 2000 data acquisition system and drilling recorder.

Remote stations located at Toolpusher and Operators office. System

Displays and records drilling data.

Power Equipment

DC Four Ross Hill SCR units, 2000 amps each powering 8 drilling motors.

AC Four Catepillar D-399TA diesel engines, 1215 hp, driving 4 KATO 600 volt,

800 kw generators

Storage Capacity

Liquid mud 1,380 bbls.

Bulk material 9,320 cu. ft.

BOP Equipment

Diverter Hydril MSP 2000, 2,000 psi, 21 < in. diverter w/two 12 in. discharge lines and

12 in. hydraulically operated ball valves.

BOP Stack 13 5/8 in. 10,000 psi WP BOP stack, with two Cameron U double ram

preventers, one Hydril GK 13 5/8 in. , 5,000 psi WP annular.

BOP handling 1 x 88 short ton (total) hoist and trolley handling system.

Cranes 3 Marathon Letourneau PCM-120 cranes, 100 ft. booms, rated for 50 short tons

at 24 ft. radius.

Special Features Cantilever extensions 7 ft. pin on extensions are available to increase the maximum skid out distance to 47 ft. all of the stem and drilling envelope to 42 ft. x 20 ft.

Rig #2

JU2 High Island III Jack-Up Rig 250 Foot Jack-Up 2000 HP

Design Marathon LeTourneau 82-SD-C Overall Dimension 207 x 176 x 20 ft.

Spud can diameter 40 ft. Legs (3) 360 ft. long triangular

Quarters capacity 88 persons Operating water depth 250 ft.

Cantilever envelope 35 ft. x 20 ft. Max. Cantilever extension 40 ft.

Max. Variable load (drilling) 3,566 kipps

Derrick 160 ft. x 30 ft. DSI w/static hook load capacity of 1,000,000 lbs w/12 lines

Drawworks National Oilwell 1320 UE, 2000 HP, driven by two GE 752 DC Motors

with an Elmagco 7838 auxillary electric brake.

Rotary table National Oilwell C-375, 37 = in. driven by independent DC electric

motor w/2 speed gear box.

Top drive Varco TDS-3H, 500 short tons, continuous drilling torque rating 31,000 ft. -

lbs. w a Varco PH-60 pipe handler.

Pipe Handling Hawk Spinmaster, DB Tongs

Mud Pumps Two National Oilwell 12 P-160, 1,600 hp triplex pumps each driven by

two GE 752 Hi-Torque DC traction motors, rated to 5,000 psi.

Solids control 3 x Derrick Flo-Line cleaner FLC 2000 4-panel shakers, one is equipped

w/ 2 x 10 in. desander cones and 20 x 4 in. desilter cones for mud

cleaning. NU-TEC Gumbo Box in flow line.

Instrumentation Petron IDS 2000 data acquisition system and drilling recorder.

Remote stations located at Toolpusher and Operators office. System

Displays and records drilling data.

Power Equipment

DC Four Ross Hill SCR units, 2000 amps each powering 8 drilling motors.

AC Four Catepillar D-399TA diesel engines, 1215 hp, driving 4 KATO 600 volt,

800 kw generators

Storage Capacity

Liquid mud 1,380 bbls.

Bulk material 9,320 cu. ft.

BOP Equipment

Diverter Hydril MSP 2000, 2,000 psi, 21 < in. diverter w/two 12 in. discharge lines and

12 in. hydraulically operated ball valves.

BOP Stack 13 5/8 in. 10,000 psi WP BOP stack, with two Cameron U double ram

preventers, one Hydril GK 13 5/8 in. , 5,000 psi WP annular.

BOP handling 1 x 88 short ton (total) hoist and trolley handling system.

Cranes 3 Marathon Letourneau PCM-120 cranes, 100 ft. booms, rated for 50 short tons

at 24 ft. radius.

Special Features Cantilever extensions 7 ft. pin on extensions are available to increase the maximum skid out distance to 47 ft. all of the stem and drilling envelope to 42 ft. x 20 ft.

Please contact us for more details.

Katrina Damaged Oil Rigs For Sale: (2)

Purchase Price: $55 Million Each

Replacement Costs: Approximately $200,000,000 Each & 3 to 4 years to build

Repair Costs: $45,000,000 Each

Repair Time: Less than 1 year

Rig #1

JU1 Adriatic VIII Jack-Up Rig 328 Foot Jack-Up 3000 HP

Design Marathon LeTourneau 116-C Overall Dimension 243 x 200 x 26 ft.

Spud can diameter 46 ft. Legs (3) 443 ft. long triangular

Quarters capacity 108 persons Operating water depth 328 ft.

Cantilever envelope 40 ft. x 30 ft. Max. Cantilever extension 45 ft.

Max. Variable load (drilling) 4,974 kipps

Derrick 160 ft. x 30 ft. DSI w/static hook load capacity of 1,250,000 lbs w/14 lines

Drawworks National Oilwell 1625 DE, 3000 HP, driven by three GE 752 DC Motors

with an Baylor Elmegco 7838 auxillary electric brake.

Rotary table National Oilwell C-375, 37 = in. driven by GE - 752 electric

motor w/2 speed gear box.

Top drive Varco TDS-4S, 500 short tons, continuous drilling torque rating 45,400 ft. -

lbs. w a Varco PH-85 pipe handler.

Mud Pumps Three National Oilwell 12 P-160, 1,600 hp triplex pumps each driven by

two GE 752 Hi-Torque DC traction motors, rated to 5,000 psi.

Solids control 4 x Derrick Flo LXP Shale Shakers, 1 x 24 cone desilter, 1 x 3 cone

desander.

Instrumentation Petron Pit Volume totalizer with mud flow and trip tank monitoring

Power Equipment

DC Four Ross Hill SCR units, 1600 amps each powering 8 drilling motors.

AC Five Catepillar D-399TA diesel engines, 1215 hp, driving 4 KATO 600 volt,

800 kw generators

Storage Capacity

Liquid mud 1,870 bbls.

Base Oil 647 bbls.

Bulk material 9,800 cu. ft.

BOP Equipment

Diverter Hydril MSP 1000, 2,000 psi, 29 < in. diverter w/two 12 in. discharge lines and

12 in. hydraulically operated ball valves.

BOP Stack 12 1/4 in. x 2,000 psi WP BOP stack, with one Cameron U double ram

preventers, one Hydril MSP-2000 21 1/4 in. , 2,000 psi WP annular.

BOP handling 4 x 25 short ton (total) hoist and trolley handling system.

Cranes 3 Marathon Letourneau cranes, 2 x 120 ft. booms, 1 x 100ft boom rated for 50

short tons at 24 ft. radius.

Special Features Cantilever extensions 15 ft. pin on extensions are available to increase the maximum skid out distance to 60 ft. all of the stem and drilling envelope to 55 ft. x 30 ft.

JU2 High Island III Jack-Up Rig 250 Foot Jack-Up 2000 HP

Design Marathon LeTourneau 82-SD-C Overall Dimension 207 x 176 x 20 ft.

Spud can diameter 40 ft. Legs (3) 360 ft. long triangular

Quarters capacity 88 persons Operating water depth 250 ft.

Cantilever envelope 35 ft. x 20 ft. Max. Cantilever extension 40 ft.

Max. Variable load (drilling) 3,566 kipps

Derrick 160 ft. x 30 ft. DSI w/static hook load capacity of 1,000,000 lbs w/12 lines

Drawworks National Oilwell 1320 UE, 2000 HP, driven by two GE 752 DC Motors

with an Elmagco 7838 auxillary electric brake.

Rotary table National Oilwell C-375, 37 = in. driven by independent DC electric

motor w/2 speed gear box.

Top drive Varco TDS-3H, 500 short tons, continuous drilling torque rating 31,000 ft. -

lbs. w a Varco PH-60 pipe handler.

Pipe Handling Hawk Spinmaster, DB Tongs

Mud Pumps Two National Oilwell 12 P-160, 1,600 hp triplex pumps each driven by

two GE 752 Hi-Torque DC traction motors, rated to 5,000 psi.

Solids control 3 x Derrick Flo-Line cleaner FLC 2000 4-panel shakers, one is equipped

w/ 2 x 10 in. desander cones and 20 x 4 in. desilter cones for mud

cleaning. NU-TEC Gumbo Box in flow line.

Instrumentation Petron IDS 2000 data acquisition system and drilling recorder.

Remote stations located at Toolpusher and Operators office. System

Displays and records drilling data.

Power Equipment

DC Four Ross Hill SCR units, 2000 amps each powering 8 drilling motors.

AC Four Catepillar D-399TA diesel engines, 1215 hp, driving 4 KATO 600 volt,

800 kw generators

Storage Capacity

Liquid mud 1,380 bbls.

Bulk material 9,320 cu. ft.

BOP Equipment

Diverter Hydril MSP 2000, 2,000 psi, 21 < in. diverter w/two 12 in. discharge lines and

12 in. hydraulically operated ball valves.

BOP Stack 13 5/8 in. 10,000 psi WP BOP stack, with two Cameron U double ram

preventers, one Hydril GK 13 5/8 in. , 5,000 psi WP annular.

BOP handling 1 x 88 short ton (total) hoist and trolley handling system.

Cranes 3 Marathon Letourneau PCM-120 cranes, 100 ft. booms, rated for 50 short tons

at 24 ft. radius.

Special Features Cantilever extensions 7 ft. pin on extensions are available to increase the maximum skid out distance to 47 ft. all of the stem and drilling envelope to 42 ft. x 20 ft.

Rig #2

JU2 High Island III Jack-Up Rig 250 Foot Jack-Up 2000 HP

Design Marathon LeTourneau 82-SD-C Overall Dimension 207 x 176 x 20 ft.

Spud can diameter 40 ft. Legs (3) 360 ft. long triangular

Quarters capacity 88 persons Operating water depth 250 ft.

Cantilever envelope 35 ft. x 20 ft. Max. Cantilever extension 40 ft.

Max. Variable load (drilling) 3,566 kipps

Derrick 160 ft. x 30 ft. DSI w/static hook load capacity of 1,000,000 lbs w/12 lines

Drawworks National Oilwell 1320 UE, 2000 HP, driven by two GE 752 DC Motors

with an Elmagco 7838 auxillary electric brake.

Rotary table National Oilwell C-375, 37 = in. driven by independent DC electric

motor w/2 speed gear box.

Top drive Varco TDS-3H, 500 short tons, continuous drilling torque rating 31,000 ft. -

lbs. w a Varco PH-60 pipe handler.

Pipe Handling Hawk Spinmaster, DB Tongs

Mud Pumps Two National Oilwell 12 P-160, 1,600 hp triplex pumps each driven by

two GE 752 Hi-Torque DC traction motors, rated to 5,000 psi.

Solids control 3 x Derrick Flo-Line cleaner FLC 2000 4-panel shakers, one is equipped

w/ 2 x 10 in. desander cones and 20 x 4 in. desilter cones for mud

cleaning. NU-TEC Gumbo Box in flow line.

Instrumentation Petron IDS 2000 data acquisition system and drilling recorder.

Remote stations located at Toolpusher and Operators office. System

Displays and records drilling data.

Power Equipment

DC Four Ross Hill SCR units, 2000 amps each powering 8 drilling motors.

AC Four Catepillar D-399TA diesel engines, 1215 hp, driving 4 KATO 600 volt,

800 kw generators

Storage Capacity

Liquid mud 1,380 bbls.

Bulk material 9,320 cu. ft.

BOP Equipment

Diverter Hydril MSP 2000, 2,000 psi, 21 < in. diverter w/two 12 in. discharge lines and

12 in. hydraulically operated ball valves.

BOP Stack 13 5/8 in. 10,000 psi WP BOP stack, with two Cameron U double ram

preventers, one Hydril GK 13 5/8 in. , 5,000 psi WP annular.

BOP handling 1 x 88 short ton (total) hoist and trolley handling system.

Cranes 3 Marathon Letourneau PCM-120 cranes, 100 ft. booms, rated for 50 short tons

at 24 ft. radius.

Special Features Cantilever extensions 7 ft. pin on extensions are available to increase the maximum skid out distance to 47 ft. all of the stem and drilling envelope to 42 ft. x 20 ft.

Please contact us for more details.

Used

L/C

FOB Houston TX