Planned Asset Divestiture ActivityProgress To Date

• Semis

  • TO 97

• Drillships (PI, PII, PIII)

• Jackups

  • TO Jupiter
  • Rig 83
  • RBF 100
  • Rig 101
  • Rig 160
  • RBF 208
  • RBF 209

• Barges

  • Venezuela Units (3)
  • Searex 7
  • Searex 8
  • GoM Workover Units (4)

• MOPUs

  • Langley
  • Cliffs #4
  • Cliffs #8
  • Cliffs #10

• Platform Rigs

  • Cliffs #1
  • Cliffs #17

• Land Rigs

  • Venezuela Units (11)
  • Rig 1
  • Rig 54

• Other Assets

  • Seillean (FPSO)
  • Ioliar (Accommodation)
  • Anchor Handling Tugs (4)
  • Rig 82 (Accommodation)

Possibly $400 - $500 Million In Proceeds

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