technical evaluation rig matrix rev 1

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Minimum Requirement Water Depth Rating Variable Deck Load Cantilever Outreach 15m Minimum 3m Minimum Drawworks Rating Drawworks Drum HP 1,320 HP (Pulling 9 5/8” casing) Derrick Gross Nominal Rating Combined Setback and Hoisting loads Top Drive Rotary Torque (Pipe handler 33,810 ft-lbs (85,000 ft-lbs) Rotary HP 629 HP Drilling Line Size BOP Pressure Rating 10,000 psi Pumps Rig Power Drilling Fluid Storage (Mud tanks) 3,000 bbl Base Oil Storage 800 bbl Fluid Storage (Brine tanks) 1,200 bbl Fresh Water Storage 1,000 bbl Bulk Cement Bulk Mud Sack Storage Sea Water Supply Mud mix system efficiency Mix system flexibility Mud Shakers 3x linear motion (minimum) Accomodation (Personnel) Date of Manufacture Last Upgrade Rig Rate US$/Day Availability Present Location 80 m for Hippo North Well (264ft) 2,332 MT (Well TD phase) Cantilever Transverse (from centre line) Conductor tensioning system (for free standing wells) capability over stroke at least 12″. 671,500 lbs (Pulling 9 5/8” casing with 100klb overpull) 1,295,300 lbs (Drill with returns phase) 1,166,525 lbs (Drill with returns phase) 1-1/2” IP (Drill with returns phase) 3 Triplex pumps – 1,600 HP (Minimum) Direct feed to mud pump (1,800 GPM minimum). Should be able to mix & weigh 1,000 bbl in 8hrs Should be able to mix into active and reserve systems simultaneously

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Page 1: TEchnical Evaluation Rig Matrix Rev 1

Minimum RequirementWater Depth Rating 80 m for Hippo North Well (264ft)Variable Deck LoadCantilever Outreach 15m MinimumCantilever Transverse (from centre line) 3m Minimum

Drawworks Rating

Drawworks Drum HP 1,320 HP (Pulling 9 5/8” casing)

Derrick Gross Nominal Rating

Combined Setback and Hoisting loads

Top Drive Rotary Torque (Pipe handler)33,810 ft-lbs (85,000 ft-lbs)

Rotary HP 629 HPDrilling Line Size 1-1/2” IP (Drill with returns phase)BOP Pressure Rating 10,000 psi

Pumps

Rig PowerDrilling Fluid Storage (Mud tanks) 3,000 bblBase Oil Storage 800 bblFluid Storage (Brine tanks) 1,200 bbl Fresh Water Storage 1,000 bblBulk CementBulk MudSack Storage

Sea Water Supply

Mud mix system efficiency

Mix system flexibility

Mud Shakers 3x linear motion (minimum)Accomodation (Personnel)Date of ManufactureLast UpgradeRig Rate US$/DayAvailabilityPresent Location

2,332 MT (Well TD phase)

Conductor tensioning system (for free standing wells)

100 tonnes working load capability over stroke at least 12″.671,500 lbs (Pulling 9 5/8” casing with 100klb overpull)

1,295,300 lbs (Drill with returns phase)

1,166,525 lbs (Drill with returns phase)

3 Triplex pumps – 1,600 HP (Minimum)

Direct feed to mud pump (1,800 GPM minimum).Should be able to mix & weigh 1,000 bbl in 8hrs

Should be able to mix into active and reserve systems simultaneously