OFFSHORE DRILLING RIG

CONS TRUCTION REPORT a

2011

LETOURNEAU OFFSHORE PRODUCTS A RICH LEGACY OF INNOVATION

Since 1955, when LeTourneau launched the worlds first independent leg offshore jack-up rig, The Scorpion, the company has demonstrated its commitment to making rigs that stand the test of time.

Robust construction and the assurance of reliability go a long way in a world where your lifeblood is at the mercy of tropical storms and challenging sea beds. And thats precisely what LeTourneau Offshore Products has delivered, decade after decade. Our design, engineering, fabrication, component packaging, and customer service are unparalleled in the industry. Helping us earn our reputation for staying power is our unique perspective of what constitutes superior construction, and an unfailing dedication to the industry itself, demonstrated by our deep understanding of todays offshore drilling requirements.

The times dictate that offshore drilling reach deeper and deeper to provide what the world needs. LeTourneau is there with the systems, the rig, the drilling equipment, and the services that not only meet the challenge, but also stand ready to meet whatever the industry brings next.

Thinking ahead. Thinking differently. Its a big part of what makes a LeTourneau a LeTourneau.

BUILT TO LAST.

Designed to perform reliably under even the most extreme conditions, our rig designs carry the reputation as the most successful jack-ups in the history of the offshore industry.
For tropical storm regions with water depths up to 300 feet.

SUPER 116E WORKHORSE SUPER GORILLA / XL

For moderate regions with water depths up to 350 feet. For moderate regions with water depths up to 400 feet. For world-wide year round to 400 ft. water depths and moderate regions to 550 ft.

LETOURNEAUS MILESTONES IN LEADERSHIP.

THE SCORPION 375-KIP ELEVATING UNIT 300 Class 116-C
1978 1983 1964 1961 1955

For more than a half century, LeTourneau has delivered the industrys most innovative jack-up designs for long life, superior reliability, and record cost efficiency.
The father of the modern mobile offshore jack-up rig.

The industrys jacking standard; over 7,000 installed to date. The first jack-up capable of handling 300 feet of water.

The original benchmark jack-up; destined to be the most popular in history.

GORILLA SUPER GORILLA SUPER GORILLA XL TARZAN WORKHORSE WORKHORSE

2001 2008 1999 1998

The first jack-up used in production mode in harsh environments.

Expanding the Gorillas capabilities into ultra-harsh applications.

The first jack-up capable of handling 550 feet of water.

The new standard for ultra-deep drilling to 40,000 feet in shallower waters.

The Rowan Mississippi delivered.

2010 The Rowan Mississippi drills successful 29,000 HP/HT exploratory subsalt well on the Gulf of Mexico shelf.

SUPER 116

2011 The Offshore Courageous named Shell International E & P Jack-Up Rig of the Year (3 years in a row).

Construction Report 1955 -2011

HULL NUMBER 1 2 3 4 5 6 7 8 9 10 11-12 13 14 15 16 17 18-20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 OWNER NAME Zapata Scorpion Zapata Vinegarroon Barnwell Mr. Cap Deepwater Exploration Deepwater II Dixilyn Julie Ann Reading & Bates C.E. Thornton Aramco AMDP-1 Japan Petroleum Exploration Hakuryu I Society Azionaria Scarabeo Consorcio Puente Maracaibo Elefante Not built Loffland Brothers Lofco V1001 AGIP Gatto Selvatico Consorcio Puente Maracaibo Jirafa Saipem Perro Negro Saipem Paguro Not built Dixilyn Dixilyn 250 Zapata Maverick I Forex Neptune Neptune I Loffland Brothers Ocean Master I Esso Rep Neptune Gascogne Signal Endeavour Penrod Penrod 53 Reading & Bates Mr. Jack Penrod Penrod 54 Penrod Penrod 55 Loffland Brothers Ocean Master II Penrod Penrod 56 Zapata Chaparral Zapata Heron Aramco AMDP-2 Penrod Penrod 57 Placid Placid 66 Dixilyn Dixilyn 150 Crestwave Topper I Zapata Zapata Explorer Crestwave Topper II Penrod Penrod 58 Penrod Penrod 59 Kenting Kenting I Reading & Bates G.L. Temple Parker Drilling Smackover Western Western Star Rowan Rowan-Houston Not built Rowan Rowan-New Orleans Western Western Delta Field Earl Rowe-San Antonio Penrod Penrod 60 Zapata Zapata Nordic Penrod Penrod 61 Penrod Penrod 62 Fluor Mr. Mel Forex Neptune Pentagone 82 Crestwave Topper III Rowan Rowan-Anchorage Rowan Rowan-Texas Odeco Ocean King Keydril Key Biscayne Keydril Key West CLASS 1 2 3 4 3 6 7 3 9 9 9 14 Barge 14 14 21 21 23 300 300 300 300 300 300 150 300 150 300 300 300 150 37 150 39-C 40 39-C 42 42 44-C 45 46-C 47-C 52 52 51-C 52 53 54 53 53 53 Semi-sub 53-C 52 52 53 52 53 WATER DEPTH (FEET) 80 80 80 45 80 80 55 80 60 60 110 100 100 140 250 250 165 300 190 250 300 300 300 150 300 150 300 300 212 150 120 150 90 250 120 220 220 150 175 80 80 200 225 120 200 300 300 350 350 350 300 250 225 350 250 350 LEG LENGTH (FEET) 141 145 145 115 145 140 103 145 123 126 174 179 179 215 376 376 250 460 354 394 460 460 365 270 460 271 435 435 332 270 190 270 180 363 221 348 348 220 245 168 160 290 324 210 290 410 440 467 467 466 444 357 324 466 357 467 YARD Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Akita, Japan Vicksburg Vicksburg Vicksburg Milano, Italy Vicksburg Marina de Massa, Italy Porto Corsini, Italy Vicksburg Vicksburg Rouen, France Vicksburg Rouen, France Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Levis, Canada Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Singapore Vicksburg Vicksburg Vicksburg Vicksburg Vicksburg Brownsville Vicksburg Singapore Vicksburg Vicksburg Singapore Vicksburg DELIVERY DATE 11/55 04/57 10/57 08/57 02/58 04/58 02/58 08/58 10/58 11/59 08/60 11/60 08/60 04/61 08/63 09/63 04/64 04/65 12/64 12/65 04/65 07/65 09/65 12/65 11/65 04/66 08/66 03/66 05/66 05/66 01/66 06/66 10/66 03/67 08/67 01/68 10/68 02/69 05/69 04/69 08/69 12/69 03/70 09/70 02/71 09/71 08/71 03/72 12/71 06/72 10/72 10/73 11/72 08/72 03/73 07/73 08/72 11/73

HULL NUMBER 65 66 67 68 69 70 71 72 73 74 75 901 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101-113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136

OWNER Forex Neptune Penrod Penrod Penrod Not built Atwood Reading & Bates Not built Penrod Not built Atwood Reading & Bates Santa Fe Reading & Bates Santa Fe Field Keydril Fluor National Drilling Forex Neptune Rowan Rowan Penrod Penrod Atwood Western Qatar GPC Atwood Keydril Keydril Penrod Penrod Penrod Forex Neptune Not built Rowan Maersk Drilling Not built Maersk Drilling National Drilling Rowan Reading & Bates Brunei Shell Rowan Penrod Penrod Penrod Chiles Rowan Penrod Keydril Penrod Penrod Fluor Reading & Bates Reading & Bates Western Forex Neptune Not built Transocean Keyes Offshore

NAME Grand Large Penrod 71 Penrod 72 Penrod 64 Margie Demaga Penrod 75 Chickamauga Douglas Carver Rig 103 F.G. McClintock Rig 105 Bob Buschman Key Victoria Mr. Si Al Ittihad Trident I Rowan-Louisiana Rowan-Alaska Penrod 66 Penrod 65 Shenandoah Western Triton I Dana Vicksburg Key Gibraltar Key Largo Penrod 67 Penrod 69 Penrod 68 Trident II Rowan-Fairbanks Maersk Exerter Maersk Endurer Al Ghallan Rowan-Odessa W.D. Kent Tenaga Rowan-Juneau Penrod 63 Penrod 80 Penrod 52 Texas Star Rowan-Ft. Worth Penrod 81 Galveston Key Penrod 82 Penrod 83 Mr. Dave Randolph Yost Ron Tappmeyer Western Triton II Trident III Transocean V Keyes 150

CLASS Tender Semi-sub Semi-sub 53 Semi-sub 53

WATER DEPTH (FEET) 250 300 Semi-sub

LEG LENGTH (FEET) 343 410 410 357 410 357 357 308 466 267 362 467 410 467 344 410 357 357 410 410 410 343 467 467 410 357 357 235 410 410 360 343 360 248 410 343 410 410 360 360 410 410 360 232 410 248

YARD Singapore Brownsville Brownsville Clydebank Singapore Vicksburg Brownsville Singapore Clydebank Singapore Singapore Singapore Vicksburg Clydebank Vicksburg Clydebank Singapore (FELS) Vicksburg Vicksburg Vicksburg Clydebank Brownsville Singapore Singapore Vicksburg Clydebank Brownsville Clydebank Vicksburg Brownsville Singapore Singapore Singapore Singapore Clydebank Vicksburg Brownsville Singapore Vicksburg Vicksburg Clydebank Vicksburg Brownsville Vicksburg Clydebank Brownsville Vicksburg Vicksburg Brownsville Brownsville Singapore Brownsville Singapore Singapore Vicksburg

DELIVERY DATE 09/72 02/75 09/75 11/73 02/74 03/74 08/76 05/74 02/75 08/74 03/75 05/75 07/74 10/74 12/74 04/75 01/75 03/75 08/75 12/75 09/75 12/75 01/76 07/76 04/76 02/76 05/76 06/76 07/76 10/76 12/76 10/75 03/77 08/77 03/77 12/76 07/77 01/78 08/77 11/77 08/78 03/78 12/77 08/78 06/79 07/78 01/79 05/79 11/78 02/79 10/78 06/79 04/79 08/79 06/79

53 Drillship 52-C 53 52-C 52 80 53 82 82 84 84 84 84 84 82-C 82-C 84 84 84 84 84 84 84 Posted Barge 82 82 82 116-S Tender Tender 116-S 82-SD-C 116-S 82-SD-C 150-44-C 116-C 116-C 116-S 116-C 82-SD-C 82-SD-C 116-C 116-C 82-SD-C 116-C 116-C 150-44-C

300 250 300 250 250 200 350 150 250 350 300 350 250 300 250 250 300 300 300 210 350 350 300 25 250 250 150 300 300 250 210 250 150 300 210 350 300 250 250 300 300 250 125 300 150

Construction Report 1955 -2011

HULL NUMBER 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189-191 192 193-194 195 196 197 198 199 OWNER Western Chiles Western Rowan China National Machinery China National Machinery Global Forex Neptune Rowan Keyes Offshore Reading & Bates Global Reading & Bates Saipem A.G. Transocean Chiles Salen Rowan Rowan Rowan Rowan Keydril Surround Sea Investments Global Global Global Penrod Penrod Penrod Penrod Global Penrod Penrod Penrod Penrod Global Petrobras Keydril Rowan Penrod Penrod Permargo Global Global Transocean Chiles Permargo Global Not built Global Perforadora Mexico British Gas Not built Santa Fe Not built Global Global Not built Petrodril Rowan NAME Western Triton Ill Gulfstream Western Triton IV Rowan-Middletown Bohai 8 Bohai I0 Glomar High Island I Trident IV Rowan-Paris Keyes 250 W.T. Adams Glomar High Island II D.R. Stewart Perro Negro 2 Transocean 6 Gulfwind Salenergy IV Charles Rowan Arch Rowan Gilbert Rowe Cecil Provine Key Manhattan Glomar High Island Ill Glomar High Island V Glomar Adriatic I Glomar Adriatic II Penrod 84 Penrod 85 Penrod 86 Penrod 87 Glomar High Island IV Penrod 88 Penrod 90 Penrod 89 Penrod 91 Glomar High Island VI Petrobras Vl Key Singapore Rowan Halifax Penrod 92 Penrod 93 Uxmal Glomar High Island VII Glomar Adriatic III Transocean No.7 Seabee Chichen ltza Glomar Adriatic IV Glomar High lsland VlII Zacateca Morecambe Flame Santa Fe Rig 141 Glomar Adriatic VIII Glomar High Island IX Tiga Kali Rowan California CLASS 82-SD-C 150-44-C 82-SD-C 116-C 82-SD 82-SD 82-SD-C 116-C 116-C 82-SB-C 116-C 82-SD-C 116-C 116-C 116-C 150-44-C 82-SD-C 116-C 116-C 116-C 116-C 116-C 82-SD-C 82-SD-C 116-C 116-C 82-SD-C 116-C 82-SD-C 116-C 82-SD-C 82-SD-C 82-SD-C 82-SD-C 82-SD-C 82-SD-C 116-C 116-C 116-C 116-C 82-SD-C 116-C 82-SD-C 116-C 116-C 82-SD-C 116-C 116-C 82-SD-C 116-C 116-C 82-SD-C 116-C 82 SD-C Tender 116-C WATER DEPTH (FEET) 250 150 250 300 250 250 250 300 300 250 300 250 300 300 300 150 250 300 300 300 300 300 250 250 300 300 250 210 250 300 250 250 250 250 250 250 300 300 210 210 250 300 250 300 300 250 300 300 250 300 200 250 300 250 300 LEG LENGTH (FEET) 360 248 360 410 360 360 360 410 410 360 410 360 410 410 410 248 360 410 410 410 410 410 360 360 410 410 360 343 360 410 360 360 360 360 360 360 410 410 343 343 360 410 360 410 410 360 410 410 360 410 310 360 410 360 410 YARD Brownsville Brownsville Vicksburg Vicksburg Singapore Singapore Lauzon, Canada (Davie) Brownsville Vicksburg Brownsville Singapore Lauzon, Canada (Davie) Singapore Clydebank Singapore Brownsville Lauzon, Canada (Davie) Vicksburg Vicksburg Vicksburg Vicksburg Brownsville Lauzon, Canada (Davie) Brownsville Brownsville Brownsville Singapore Singapore Brownsville Vicksburg Lauzon, Canada (Davie) Brownsville Brownsville Vicksburg Vicksburg Lauzon, Canada (Davie) Lauzon, Canada (Davie) Singapore Brownsville Singapore Singapore Clydebank (UIE) Lauzon, Canada (Davie) Lauzon, Canada (Davie) Singapore Brownsville Clydebank Singapore Lauzon, Canada (Davie) Lauzon, Canada (Davie) Clydebank(UIE) Hong Kong (Euroasia) Hong Kong (Euroasia) Lauzon, Canada (Davie) Singapore Singapore DELIVERY DATE 11/79 07/79 11/79 04/80 01/80 03/80 06/79 03/80 09/80 05/80 07/80 11/79 10/80 08/80 03/81 08/80 05/80 02/81 07/81 11/81 03/82 12/80 09/80 02/81 06/81 09/81 07/81 10/81 12/81 06/82 12/80 03/82 06/82 10/82 01/83 06/81 08/82 03/82 12/82 07/82 10/82 07/81 04/82 09/82 01/83 12/82 03/82 05/83 11/82 10/83 03/83 10/82 03/83 06/83 08/82 11/83

HULL NUMBER 200 201 202 203 204 205 206-208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250-251 252 253 254 255 256 257 258 259 260 261 262

OWNER Rowan Not built Rowan Rowan Not built Rowan Not built Construction & Marine Service Holder Marine Middle East-Lampera Petdrill Penrod Penrod Transworld Drilling K/S Compact Drilling Halliburton Chiles Offshore Not built Rowan Rowan Rowan Perforadora Central Chiles Offshore Rowan Rowan Rowan Rowan RDC Drilling International US Army - Corp of Engineers Not built Perforadora Central Scorpion Offshore Scorpion Offshore CPOE (CNPC) Scorpion Offshore Scorpion Offshore Scorpion Offshore Atwood Oceanics Pacific RDC Drilling International RDC Drilling International RDC Drilling International Not built Great Offshore Scorpion Offshore Shengli Downhole Perforadora Central Rowan Rowan Not built Rowan Rowan Scorpion Offshore VietSovPetro National Drilling Company Petrobras(PNBV) Petrobras (PNBV) National Drilling Company Eurasia Drilling Company Greatship Global Energy Services Central Panuco

NAME Rowan Gorilla I Rowan Gorilla Ill Rowan Gorilla II Rowan Gorilla IV Al-Baz Bay Driller Sungei Bulan Glomar Baltic I Penrod 98 Penrod 99 Mr. Mac Compact Driller lrish Sea Pioneer Chiles Columbus Rowan Gorilla V Rowan Gorilla VI Rowan Gorilla VII Tonala Chiles Magellan Bob Palmer Scooter Yeargain Bob Keller Hank Boswell J.P. Bussel Goetz Dredge

CLASS Gorilla Gorilla Gorilla Gorilla 116-C 116-C Barge Super 300 82-SD-C 82-SD-C Gorilla 116-C Liftboat Super 116 Super Gorilla Super Gorilla Super Gorilla Super 116 Super 116 Super Gorilla XL Tarzan Tarzan Tarzan Tarzan Dredge Barge SE Workover Rig Super 116E Super 116 Super 116 SE Workover Rig Super 116 Super 116 Super 116 Super 116E Workhorse 240-C Workhorse 240-C Workhorse 240-C Super 116E Super 116E SE Workover Rig Super 116E Super 116E Super 116E Super 116E Super 116E Super 116E Super 116E Super 116E Super 116E Super 116E Super 116E Super 116E Super 116E Super 116E

WATER DEPTH (FEET) 350 450 350 350 300 200 350 250 250 350 300 150 350 400 400 400 350 350 550 300 300 300 300 66 350 350 350 66 350 350 350 350 375 400 400 360 350 66 350 350 350 350 300 350 350 150 350 350 150 300 350 350

LEG LENGTH (FEET) YARD 504 Vicksburg 605 504 504 410 310 515 360 360 504 410 241 511 574 644 574 477 544 713 445 445 445 445 180 511 477 477 206 477 477 477 477 491 491 491 477 477 180 511 477 477 477 410 477 477 310 477 477 310 377 477 511

Shengli Downhole (SINOPEC) Shengli Workover No.4

Panuco Offshore Courageous Offshore Resolute CPOE 63 Offshore Defender Offshore Vigilant Offshore Intrepid Atwood Aurora Rowan Mississippi Ralph Coffman Joe Douglas Samed Shikhar Offshore Freedom Shengli Workover No. 7 Tuxpan EXL I EXL II EXL III EXL IV Offshore Mischief (tbd) (tbd) P-59 P-60 (tbd) (tbd) (tbd) Papaloapan

DELIVERY DATE 12/83 Vicksburg 11/85 Singapore 10/84 Vicksburg 11/86 Hong Kong (Euroasia) 08/83 Clydebank (UIE) 03/83 Singapore 03/82 Brownsville 12/83 Brownsville 12/84 Brownsville 05/85 Glydebank (UIE) 02/87 Vicksburg 03/92 Lockport, LA (Bollinger) 11/95 Brownsville (Amfels) 05/99 Vicksburg 11/98 Vicksburg 06/00 Vicksburg 12/01 Pascagula (TDI-Halter) 01/00 Brownsville (Amfels) 10/99 Vicksburg 08/03 Vicksburg 04/04 Vicksburg 07/05 Vicksburg 09/06 Sabine Pass, TX 11/08 Vicksburg 06/05 Qinghuangdao, China (SHG Shpyrd) 05/07 Vicksburg 06/07 Brownsville (Keppel AmFELS) 05/07 Brownsville (Keppel AmFELS) 05/08 Qingdao, China (Beihai) 01/07 Brownsville (Keppel AmFELS) 11/07 Brownsville (Keppel AmFELS) 09/08 Brownsville (Keppel AmFELS) 01/09 Brownsville (Keppel AmFELS) 12/08 Vicksburg 11/08 Vicksburg 12/09 Vicksburg (09/11) Dabhol, India (Bharati) (10/11) Hamriyah, U.A.E. (Lamprell) 04/09 Qinghuangdao, China (SHG Shpyrd) (tbd) Brownsville (Keppel AmFELS) 01/10 Brownsville (Keppel AmFELS) 04/10 Brownsville (Keppel AmFELS) 08/10 Brownsville (Keppel AmFELS) 12/10 Brownsville (Keppel AmFELS) (01/12) Hamriyah, U.A.E. (Lamprell) 04/10 Vung Tau, Vietnam (PVMS) (06/12) Hamriyah, U.A.E. (Lamprell) (05/12) Maragojipe, Brazil (CRP) (01/12) Maragojipe, Brazil (CRP) (05/12) Hamriyah, U.A.E. (Lamprell) (09/12) Hamriyah, U.A.E. (Lamprell) (03/13) Hamriyah, U.A.E. (Lamprell) (12/12) Brownsville (Keppel AmFELS) (03/13)

LeTourneau Offshore Products designed

and built the worlds first jack-up drilling rig in 1955, and has designed and built over 200 jack-ups since then. The company is a leader in offshore jack-up drilling rigs, offering more standard designs and deeper experience than any other supplier.

P.O. Box 2307 Longview, Texas 75606 +1-903-237-7500 www.letourneautechnologies.com

04-11 750

LeTourneau Call Center Open 24 hours a day, 365 days a year +1- 832- 782-6742

LeTourneau Technologies, Inc. 2011