EX-99.1 2 dex991.htm SEAHAWK DRILLING FLEET STATUS REPORT Seahawk Drilling Fleet Status Report

Exhibit 99.1

LOGO

FLEET STATUS REPORT AS OF APRIL 23, 2010

 

Rig Name   Rig Type   Location   Status   Client   Dayrate
($US)		             Estimated1
Days		   Completion    Comments

U.S. GULF OF MEXICO

                 

SEAHAWK 3000

   300’MC   US GOM   Undergoing
repairs		             68   1-Jul-2010    Jacking system damaged when jacking-up on Hilcorp’s location; Seahawk 2601 has been substituted to fulfill Hilcorp’s program

SEAHAWK 2602

   250’MC   US GOM   Contracted   Arena Offshore   $ 35,000   48   10-Jun-2010   
                Arena Offshore   $ 40,000   34   15-Jul-2010     

SEAHAWK 2601

   250’MC   US GOM   Contracted   Walter Oil &
Gas		   $ 36,200   13   6-May-2010   
            Contracted   Hilcorp   $ 41,000   100   14-Aug-2010    Plus 1 option well at mutually agreed rate

SEAHAWK 2600

   250’MC   US GOM   Contracted   Peregrine   $ 42,500   59   21-Jun-2010    Plus 1 option well at same rate

SEAHAWK 2505

   250’MS   US GOM   Available                       

SEAHAWK 2504

   250’MS   US GOM   Contracted   Mariner   $ 32,000   47   7-Jun-2010     

SEAHAWK 2500

   250’MS   US GOM   Contracted   ADTI/Contango   $ 33,000   30   26-May-2010    Under tow to location. Contract begins April 26
            Contracted   Arena Offshore   $ 35,000   70   5-Aug-2010     

SEAHAWK 2007

   200’MC   US GOM   Contracted   Mariner   $ 35,000   82   14-Jul-2010   
            Contracted   Breton   $ 35,000   35   19-Aug-2010    Plus 2 option wells: first option at same rate, second option at mutually agreed rates

SEAHAWK 2004

   200’MC   US GOM   Contracted   Arena Offshore   $ 34,000   34   27-May-2010   
            Letter of
Agreement		   Bandon Oil &
Gas		   $ 36,000   45   1-Jul-2010     

SEAHAWK 2001

   200’MC   US GOM   Contracted   Energy XXI   $ 35,000   14   7-May-2010   
            Contracted   Castex   $ 34,000   60   6-Jul-2010    Castex’s option for the Seahawk 2601 transferred to Seahawk 2001

U.S. COLD STACKED (10)

                 

SEAHAWK 2501

   250’MS   US GOM   Cold
Stacked		                       

SEAHAWK 2502

   250’MS   US GOM   Cold
Stacked		                       

SEAHAWK 2006

   200’MC   US GOM   Cold
Stacked		                       

SEAHAWK 2003

   200’MC   US GOM   Cold
Stacked		                       

SEAHAWK 2005

   200’MC   US GOM   Cold
Stacked		                       

SEAHAWK 2503

   250’MS   US GOM   Cold
Stacked		                       

SEAHAWK 2008

   200’MC   US GOM   Cold
Stacked		                       

SEAHAWK 2000

   200’MC   US GOM   Cold
Stacked		                       

SEAHAWK 2002

   200’MC   US GOM   Cold
Stacked		                       

SEAHAWK 800

   80’MC   US GOM   Cold
Stacked		                       

Changes from previous Fleet Status Report denoted in bold

1The number of days to complete the program are estimated for U.S. well-to-well contracts and contract extensions in Mexico. The actual number of days contracted may vary from this estimate.