BOSS 6. Refurbished / Upgrade GENERAL DESCRIPTION AND EQUIPMENT LIST

BOSS 6 Refurbished / Upgrade 2012-2013 A. GENERAL DESCRIPTION GENERAL DESCRIPTION AND EQUIPMENT LIST The BOSS 6 is a Bethlehem designed JU-200MC mat-supported cantilevered Jackup rated for operation in water depths up to 200 ft. and drilling depths to 20,000 ft. Principal Characteristics and Dimensions Mat Length 220' 0" Width 185' 0" Depth 10' 0" Scour skirt: 2' 0" Maximum avg. bearing pressure (psf) (non-hurricane) 508 psf Maximum bearing pressure (psf)(non-hurricane) 777 psf

Maximum avg. bearing pressure (psf) (hurricane) 455 psf Maximum bearing pressure (psf)(hurricane) 719 psf Maximum allowable penetration 8' 0" Mat Slot Length 59' 8" Width 110' 0" Platform Width 132' 0" Length 157' 0" Length (including heliport) 227' 0" Depth 18' 0" Number of legs 3 legs Overall length of legs (includes mat height) 269' 3" Leg Diameter 11' 0" Longitudinal leg centres 127' 0" Transverse leg centres 110' 0" Loadline draft 9' 6" Jackhouse leg length requirements 42' 0" No water tower (2 deep well reels with 6 hoses approx. 140 each). Top of rotary table to bottom of barge 42' 6" Nominal Variable Deck Load (Maximum) Operating 2,868 kips Storm 1,868 kips Jacking 1,232 kips Transit 1,332 kips

Water Depth Rating Minimum * 23' Maximum normal 200' Hurricane season (max.) 175' * Under certain limited sheltered conditions, the mat can be de-ballasted resulting in a 15.75 draft. Drilling Area 15 ft. x 40 ft. as measured from aft end of hull (from centreline of rotary) with 10 ft. either side of centre (port/starboard) Maximum Caisson OD That Is Drivable Maximum outside diameter caisson that can be driven with master bushings removed: - No other modifications (max.) 36" - Remove diverter housing & rotary 60" Air Gap The Minerals Management Service (MMS) has adopted API RP 95J as the criteria to determine minimum air gap for Jackups in hurricane season in the Gulf of Mexico. Based on that criteria, the following minimum air gaps will apply to all locations: Water depths up to and including 50 feet - 47.5 ft. air gap Water depths between 51 feet and up to and including 60 feet - 50.0 ft. air gap Water depths between 61 feet and up to and including 70 feet - 55.0 ft. air gap Water depths between 71 feet and up to and including 80 feet - 62.0 ft. air gap Water depths 80 feet and greater - 62.0 ft. air gap Non-hurricane season (under 100' WD) 35' Non-hurricane season (over 100' WD) 35' Maximum as controlled by water tower with 10' submerged 90' Controlled by lifeboats with external overboard Reda pumps 100'

Minimum Tow Requirements The minimum tow vessel requirement is three 4,200 horsepower class tugs, with a combined 125 short tons bollard pull. In some cases, two tugs with a minimum combined bollard pull of 125 short tons can be used. A third 4,200 horsepower class tug with a minimum 42 short tons bollard pull can meet the rig to assist in positioning the rig on location if necessary. After March 1 2004, all towing vessels shall provide a bollard pull certificate acceptable to Falcon Energy (L) Inc and to their Warranty Surveyor of Record. Nominal Tow Speed Using three (3) 4,200 hp tugs 3.5 to 4 kts. Capacities Bulk Mud 3,000 cu. ft. Bulk Cement 3,000 cu. ft. Liquid Mud 1,500 bbls Diesel Fuel 2,223 bbls Potable Water 1,000 bbls Drill Water 5,900 bbls Sack Material Approx. 3,000 sacks Quarters Accommodations are provided for 78 men, complete with all normal living facilities, with a sick bay for one (1) man. Drilling Loads The substructure and associated structural components will accept the following maximum loads. Setback load 500 kips Rotary load 1,000 kips Hook load 1,000 kips Combined hook, rotary, setback and drive pipe support 1,000 kips Note: Combined loads will vary with cantilever position. Helideck 60 ft. x 70 ft. cantilevered helicopter landing area on the forward end of the drilling unit designed to accommodate a Sikorsky S-61 helicopter.

Jacking System Each of the three (3) column jacks are independently powered by two (2) hydraulic pumps (oil gear) each fitted with 75 hp electric motors driven by four (4) 18 in. bore x 72 in. stroke cylinders and controlled from a central Jackhouse location. Class ABS Maltese Cross A1 Self-Elevating Mobile Drilling Unit. Design Bethlehem cantilever mat Jackup JU200MC Commissioned 1983, Guangzhou, China Documentation Liberian Registry with ABS Certificate of Inspection B. DRILL FLOOR EQUIPMENT 1. Drawworks - National Model 1320 UE, driven by two (2) GE 752 1000 hp Intermittent Duty DC motors. Drawworks complete with Lebus grooving for 1-3/8 in. drill line, makeup and breakout catheads, crown-o-matic device, positive clutch, and master control. - One (1) Baylor 7838 Elmagco brake with Baylor Model PWM auxiliary control system and battery backup. 2. Derrick - Derrick Services International, Inc. 30 x 30 x 160' standard derrick rated 1,392,000 lbs. gross nominal capacity (1,000,000 lbs. static hook load capacity), 8 ft. x 8 ft. top and 28 ft. V-door. The derrick is complete with all standard accessories that include: - The racking platform to accommodate 20,000 ft. of 5 in. drill pipe and bottom hole assembly, complete with safe catwalk and windbreak frame. - Pyramid traveling block guide, with dolly for installation to National 660-G-500 hook block. - One (1) adjustable casing stabbing platform (21 ft. to 42 ft. above derrick floor) complete with air hoist and safety lines. - Crown work platform complete with safety handrails. - Derrick is complete with Class 1, Division 1, explosion proof fluorescence fixtures, all with safety chains.

3. Traveling equipment consisting of: - National 760 FA crown block, (583 ton) with seven (7) 60 in. sheaves grooved for 1-3/8 in. drill line. - National hook block, Model 660-G-500 (500 ton) with six (6) 60 in. sheaves grooved for 1-3/8 in. drill line, and adapted for use with the guide dolly. - National (500 ton) integral hook for a National 660-G-500 block. - National P-650 swivel, 650 ton static load, API bearing rating of 452 tons. - Varco TDS-3 Top Drive, 500 ton, with GE-752 series wound drilling motor, complete with pipe handler to handle 5-in. drill pipe with tool joints 6 to 7-3/8, remote upper safety valve, and raised backup system (RBS). 4. National Type EB drill line anchor rated for 100,000-lb. line pull with 1-3/8 in. drill line. 5. Rotary - 37-1/2 in. National C-375 rotary table, driven by a GE 752 1,000 hp Intermittent Duty (800 hp continuous duty) DC motor - load capacity 650 tons. - National C700 two speed type 1312072-A1 rotary transmission. - Low gear ratio = 2.03:1 - High gear ratio = 1:1.02 - Rotary complete with Varco MPCH No. 6600 hinged pin master bushings. - One (1) set of No. 3 API 8-5/8 in. insert bowls for drill pipe and drill collars. - One (1) pneumatic operated Kobelt brake. 6. Mathey Wireline measuring unit with up to 20,000 ft. of.092 Wireline, line guide, depth indicator. Driven by a hydraulic motor. 7. Totco Rigsense data acquisition system. 8. Standard drill floor instrumentation consisting of Driller s console with weight indicator and related indicators for mud pump pressure and SPM, mud pit volumes, mud flow, mud gain/loss, rotary torque and RPM. 9. Air winches consisting of: - One (1) on drill floor, 10,000 lbs. nominal rating, 3/4" cable, USCG approved man-rider. - Two (2) on drill floor, 5,000 lbs. nominal rating, 5/8 cable, USCG approved man-rider. - Four (4) on cellar deck, 5,000 lbs. nominal rating. - Two (2) approved "man-rider" type for Texas deck basket, 2,200 lbs. nominal rating. - Two (2) 2,000 lb. hoist in derrick to act as "mule" for Derrickman.

C. MUD SYSTEM AND EQUIPMENT 1. Two (2) National 12P-160 triplex mud pumps, each pump belt driven by two (2) GE 752 800 hp continuous duty DC motors. Each pump complete with discharge and suction pulsation dampeners and Cameron type "B" relief valve. Mud pump discharge lines, 4.063 ID x 5,000 psi WP with 4 in. x 5,000 psi WP valves run from mud pumps to standpipe manifold. Pumps normally equipped with 6-1/2 in. liners. 2. Mud service pumps consisting of: - Two (2) Mission Magnum 8 x 6 centrifugal supercharging pumps driven by 75 hp AC motors. - Two (2) Mission Type W 8 x 6 centrifugal mud mix pumps driven by 75 hp AC motors. - Two (2) Mission Magnum 8 x 6 centrifugal mud cleaning pumps driven by 75 hp AC motors. 3. Mud cleaning equipment consisting of: - Two (2) Brandt King Cobra shakers. - One (1) Brandt LCM-2D mud conditioner, with 2 ea. 12 cones and 16 ea. 4 cones. 4. One (1) SWACO designed mud/gas separator, 48 in. OD x 10 ft. tall, atmospheric type with 8 in. OD gas vent line extending to top of derrick. 5. One (1) Gas Hog de-gassing unit (1) Brandt Gumbo Separator system (Belt Driven) 6. Liquid mud pits consisting of: 2 - Active pits 569 and 452 bbls 1 - Reserve pit 566 bbls 1 - Slugging pit 117 bbls Sand traps 210 bbls Trip tank 30 bbls Total Capacity 1,989 bbls 7. Two (2) Hutchinson-Hayes "Rumba" 20 hp mud agitators with 40 in. blades and One (1) Brandt VMA-20 vertical mount with 20 hp mud agitator with 60 contour impeller for active and reserve pits, and one (1) Hutchinson-Hayes "Rumba" 5 hp mud agitator with 28 in. blade for slugging pit. 8. Six (6) Bethlehem mud guns, two (2) in each of the three main pits.

9. Pneumatic bulk and cement storage transfer system consisting of: - Four (4) 750 cu. ft. bulk mud storage P-tanks (3,000 cu. ft. total capacity). - Two (2) 1,500 cu. ft. bulk cement storage P-tanks (3,000 cu. ft. total capacity). - One (1) 40 cu. ft. pressurized surge tank for use in mud mix area. - One (1) Pioneer R-1200A bulk air dryer - Backup low pressure bulk system air furnished by rig air compressors through a 125/40 psi regulating station. 10. Sack storage area located near the mud pits and mixing hoppers, capacity approximately 1,500 sacks. 11. Three (3) Demco 412 B low pressure mud hoppers, two (2) sack fed and one (1) surge tank or sack fed. 12. One (1) set basic mud testing equipment as required. 13. One (1) 5 in. dual standpipe manifold, 5,000 psi WP with 4.063 ID standpipes, outlets for pressure gauges, sensors, and transducers with a cross-over line to the choke manifold. 14. Two (2) rotary hoses, 3 in. ID x 75 ft., 5,000 psi WP, with 4 in. Weco end connections (10,000 psi test). 15. One (1) 30 bbl. trip tank. Continuous fill-up of wellbore is accomplished via one (1) 4 x 3 Mission centrifugal transfer pump driven by a 20 hp explosion proof AC motor. D. WELL CONTROL EQUIPMENT 1. Blowout preventers (H2S rated) consisting of: - One (1) 13-5/8 in. - 10,000 psi WP Cameron, Type "U" double ram blowout preventer with manual locks, four (4) 4-1/16 in. x 10,000 psi WP flanged outlets and flanged 10,000 psi WP connections top and bottom. - One (1) 13-5/8 in. - 10,000 psi WP Cameron, Type "U" single ram blowout preventer with manual locks, two (2) 4-1/16 in. x 10,000 psi WP flanged outlets and flanged 10,000 psi WP connections top and bottom. - One (1) 13-5/8 in. - 5,000 psi WP Shaffer annular preventer with 13-5/8 in. 5,000 psi WP stud top and 13-5/8 in. 10,000 psi WP flanged bottom. - One (1) 4-1/16 in. x 10,000 psi WP hydraulic operated BOP kill valve. - One (1) 4-1/16 in. x 10,000 psi WP manual operated BOP kill valve. - One (1) 4-1/16 in. x 10,000 psi WP hydraulic operated BOP choke valves.

- One (1) 4-1/16 in. x 10,000 psi WP manual operated BOP choke valves. Note: Coflexip hoses currently installed are not compatible with Zinc Bromide. Use of Zinc Bromide will require changing of hoses. 2. Diverter - One (1) Hughes/Regan type KFDJ 27-1/2 in. nominal x 1,000 psi maximum WP with three (3) hydraulically operated 12 in. 2,000 WP ball valves to divert flow to 12 in. port/starboard overboard lines and control flow to the shale shaker area. Assembly is complete with overshots for 30 in. and 24 in. casing and is all MMS approved. Diverter sealing bags are available for 10, 17-1/2 and 22. NOTE: The overall pressure rating of the system depends on the overshots and insert packers used. 3. One (1) Koomey Model 170-11SX Type 80 accumulator unit consisting of: - Two (2) air operated pumps, 3,000 psi, with 125 psi air pressure (60/1 ratio). - One (1) electric powered triplex pump, 3,000 psi, driven by one (1) 20 hp explosion proof electric motor. - 198 gallon accumulator capacity with control regulators and warning lights, 3,000 psi WP - 315 gallon fluid reservoir with level control and alarms. - One (1) Shaffer Model T20180-3 panel mounted "P" control manifold with one (1) remote station. - One (1) backup air supply consisting of three (3) bottles of nitrogen, regulated and plumbed into rig air supply in case of loss of rig air. 4. One (1) 10,000 psi WP, H2S rated, choke manifold, complete with: - Two (2) Cameron 2-9/16 x 10,000 psi WP manual adjustable chokes. - One (1) Swaco 2-9/16 x 10,000 psi WP remote adjustable choke. - Three (3) Cameron 2-1/16 x 10,000 psi WP valves. - One (1) Shaffer 2-1/16 x 10,000 psi WP valves. - Five (5) Shaffer 3-1/16 x 10,000 psi WP valves. - Four (4) Cameron 4-1/16 in. 10,000 psi WP valves. - One (1) Shaffer 4-1/16 in. 10,000 psi WP valves. 5. One (1) Letourneau BOP handling system powered by two (2) electric motors w/30 ton working load.

E. DRILL STRING AND HANDLING TOOLS 1. Drill pipe consisting of: 2. Drill Collars: - 15000 of 5" OD, 19.50 lb./ft. Grade S-135, Range 3drill pipe, internal upset with 6-3/8" OD x 3-1/2" ID, 18o taper tool joints, with 4-1/2 IF (NC-50) connections. Pipe internally coated and hard banded. - Hevi-Wate 30 joints 5 OD x 3 ID Range 2 w/4-1/2 IF connections - Ten (10) 8 in. OD X 2-7/8 in. ID Range 2 (31 ft. avg.) 6-5/8 REG connections, spiralled with slip recess. - Fifteen (15) 6-1/2 in. OD x 2-13/16 in. ID Range 2 (31 ft. avg.) 4-1/2 IF connections, spiralled with slip recess. 3. Bit breakers for standard three cone drill bits - 17-1/2 in., 12-1/4 in. and 8-1/2 in. 4. Subs consisting of: - One (1) lot subs and crossovers to fit Contractor s tubulars 5. Kelly valves consisting of: - Two (2) lower top drive valves, 10,000 psi WP, with 6-5/8 REG connections. - Two (2) upper top drive valves, 10,000 psi WP, with 6-5/8 REG L.H. connections. - Two (2) inside BOP valve (float type), 10,000 psi WP, with 4-1/2 IF (NC-50) connections. - Two (2) TIW valves, 10,000 psi WP with 4-1/2 IF (NC-50) connections 6. Two (2) Type GG centre latch drill pipe elevators (350 ton) for 5 in. OD/18o taper drill pipe. 7. Elevator links consisting of: - One (1) set 2-3/4 in. x 132 in. (350 ton). - One (1) set 3-1/2 in. x 144 in. (500 ton). 8. Two (2) Type SDD manual tongs with lug jaw assemblies for pipe sizes 3-1/2 in. to 17 in. with new safety features, rated for 100,000 ft./lbs. 9. One (1) drill pipe spinner, SSW-40 Pneumatic, to handle pipe sizes 3-1/2 in. to 5 in. 10. Slips consisting of: - Two (2) sets of Type SDXL for 5 in. drill pipe. - Two (2) sets of Type DCS-L for 6-3/4 in. - 8-1/4 in. drill collars.

- Two (2) sets of Type DCS-R for 5-1/2 in. - 7 in. drill collars. 11. One (1) Type MRP drill collar safety clamps for 6-1/2 in. - 8 in. drill collars. 12. One (1) mud saver buckets, dressed for 5 in. & 3-1/2 in. 13. Drill pipe wipers for 5 in. drill pipe. 14. Drilco EZY-TORQ hydraulic cathead Type I, Model E with 10 hp electro-hydraulic power unit capable of 150,000 ft./lbs. torque. F. AUXILIARY EQUIPMENT 1. Prime Movers and power distribution including the following: - Two (2) EMD Model 16 cylinders Model 645, 1,950 hp diesel engines skid mounted. - One (1) EMD Model 8 cylinders Model 645 975 hp diesel engine skid mounted. - Three (3) EMD AB 20-6 generators rated at 2625 KVA, 600 volt, 3 phase. - GE Micro Drill 3000 SCR system with 7 SCR power converters each rated 1,050 amp, 750 volt DC complete with generator/engine controls and switchgear. - One (1) Detroit V-8 71 series turbo-charged diesel engine driving an International Electric 268.7 KVA 480 volt, 3 phase generator for emergency power, dual independent start. - Auto start, auto power change over USCG and ABS approved. - Emergency switchboard distributes power to essential system. - Electrical Distribution: 600V, 480V, 208V, 120V. All 3 phase, 60 cycle. 2. Air compressors consisting of: - Three (3) Quincy 370 rotary screw compressors, each with 75 hp motor, rated at 300 cfm, 125 psi, two water cooled and one radiator cooled. - One (1) Pioneer R-1200A refrigerated air dryer with 5 hp refrigeration unit rated at 700 scfm @ 100o F inlet air temperature. - Two (2) Airdyne 400 gallon 150 psi air receivers. - One (1) Cold Start air compressor, two stage, electric start Lister diesel engine 12 hp, 2 cylinder, belt driven, air cooled, Ingersoll Rand 7T compressor.

3. Two (2) National OS-105 pedestal mounted marine cranes with 100 ft. boom, rated at (3 degree list): 46,600 lbs. at 40 ft. boom radius 23,100 lbs. at 80 ft. boom radius 16,400 lbs. at 100 ft. boom radius 4. Two (2) personnel transfer nets. 5. One lot of slings and bridles for loading and offloading rig. 6. Three (3) 500 amp R3R-500 welding machines complete with normal rig welding supplies. 7. One (1) oil/water separator system with required drip pans, drain lines and collection tanks to meet MMS requirements. 8. Fire fighting and lifesaving equipment to meet ABS and USCG requirements which includes, but not limited to: - 2-25 man B.F. Goodrich Davit Launch life raft. - 2-20 man B.F. Goodrich Davit Launch life raft. - Individual life preservers 150% SOLAS Requirement. - Station bills. - General alarms. - Identification signs. - Equipment guards. - Pollution pans. - Two (2) 44-man Watercraft covered life capsules, complete with launch and recovery system. - CO2 fire extinguishing system is installed in the main AC generator room. - Eleven (11) Ring buoys according to USCG specification. - Four (4) complete fireman outfits with complete breathing air tanks, plus spare tank. - Two (2) Stoke litter (fit any size helicopter). - Two (2) 150 lb. dry chemical semi-portable unit for heliport and fire hose station according to USCG specification. - Foghorn and navigational lights.

- Work vests. - Hand-held portable extinguishers in various sizes. - Pocket type line throwing gun. - Fixed eye wash stations. - Three (3) Mission 3 x 4 fire pumps. - 75 lb. C02 fixed system with heat activated device for paint locker. - One (1) Ansul Foam System, Model 403140 for engine room bilge area 9. Ships service pumps consisting of: - Drill water pumps, two (2) Mission 2 x 3 x 12 centrifugal pumps driven by 50 hp AC motors. - Saltwater pumps, two (2) 75 hp submersible pumps, with one spare submersible pump. - Bilge pumps, two (2) Marlow 6 in. centrifugal pumps driven by 10 hp AC motors. - Fuel oil pumps, two (2) Worthington 5GAUM gear pumps driven by 2 hp AC motors. - One (1) Worthington waste oil pump with 3 hp AC motor. - Fuel oil centrifuge, one (1) Alfa-Laval Model MAB-104. - Lube oil centrifuge, one (1) Alfa-Laval Model MAB-104B. 10. One (1) Gaitronics paging system with stations fixed throughout the rig & 5 party lines. 11. Communication equipment consisting of: - One (1) dedicated 490 MHz radio telephone link. - One (1) three watt transportable cellular radio telephone with fax capability for backup or emergency phone communication. - VHF radios. 12. One (1) Omnipure 12-MX marine sanitation device G. THIRD PARTY EQUIPMENT Note: Periodically it will be necessary to substitute like equipment for the purpose of inspection, overhaul, repair, upgrade, etc. for the equipment listed in this exhibit. Load ratings are nominal and may vary according to Manufacturers wear tolerances.