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[]
["Updated: May 15, 2014"]
["Revisions Noted in Bold"]
["Dynamically positioned «"]
[null,null,null,null,null,null,null,null,null,null,null,"Dayrate on","Dayrate on",null,"Estimated Out of Service Days (4)",null,null,null,null,"Estimated Out of Service Days (4)"]
[null,null,null,null,"Yr. (1)","Water","Drilling ",null,null,"Estimated","Estimated","Current","Previous"]
[null,"Footnote ","Floater","Dynamically","Entered","Depth","Depth",null,null," Contract","Expiration","Contract (3)","Contract (3)",null,2014,null,null,null,null,2015]
["Rig Type/Name","References","Type","Positioned","Service","(Feet)","(Feet)","Location","Customer","Start Date (2)"," Date (2)","(Dollars)","(Dollars)",null,"Q1","Q2","Q3","Q4",null,"Q1","Q2","Q3","Q4"]
[]
[]
["High Specification Floater: Ultra-Deepwater "]
[]
["Discoverer Americas",-6,"ship","«",2009,12000,40000,"Tanzania","Statoil","2014-03-15","2016-03-01",735000,636000,null,0,0,30,0,null,0,0,0,0]
["Deepwater Champion",-6,"ship","«",2011,12000,40000,"USGOM","ExxonMobil","2012-06-01","2015-11-01",677000,655000,null,0,0,0,0,null,0,40,0,0]
["Discoverer Clear Leader"," (6), (10)","ship","«",2009,12000,40000,"USGOM","Chevron","2009-09-01","2014-09-01",569000,503000,null,0,0,21,0,null,0,0,0,0]
[null," (6), (8)",null,null,null,null,null,"USGOM","Chevron","2014-09-01","2018-08-01",590000,{"$f":"L15","v":569000}]
["Discoverer Inspiration",-6,"ship","«",2010,12000,40000,"USGOM","Chevron","2010-02-01","2015-03-01",525000,494000,null,0,0,0,0,null,21,0,0,0]
[null,"(6), (8)",null,null,null,null,null,"USGOM","Chevron","2015-03-30","2020-03-31",585000,{"$f":"L17","v":525000}]
["Dhirubhai Deepwater KG1",null,"ship","«",2009,12000,35000,"India","Reliance","2009-08-01","2014-07-01",510000,"N/A",null,0,0,62,92,null,8,30,0,0]
[null," (6), (7), (8)",null,null,null,null,null,"Brazil","Petrobras","2015-01-01","2017-12-31",440000,510000]
["Discoverer Enterprise",null,"ship","«",1999,10000,35000,"USGOM","BP","2014-01-31","2014-10-31",615000,515000,null,0,0,0,30,null,0,0,0,0]
["GSF C.R. Luigs",-6,"ship","«",2000,10000,35000,"USGOM","BHP Billiton","2014-02-01","2014-06-01",580000,540000,null,0,0,29,92,null,0,0,0,0]
["Deepwater Discovery","(6), (7)","ship","«",2000,10000,30000,"Nigeria","Shell","2014-01-01","2014-09-01",461000,"NA",null,0,0,0,0,null,0,7,92,18]
["Deepwater Pathfinder",-6,"ship","«",1998,10000,30000,"USGOM","ENI","2010-08-01","2015-04-01",680000,550000,null,0,0,0,0,null,0,30,0,0]
["GSF Development Driller II",-8,"semi","«",2005,7500,37500,"Romania","Lukoil","2014-10-01","2015-06-28",360000,606000,null,0,64,92,0,null,0,0,0,0]
["Sedco Energy",null,"semi","«",2001,7500,35000,"Ghana",null,null,"Idle",null,null,null,0,0,0,0,null,0,0,0,0]
[]
["High Specification Floater: Deepwater"]
[]
["Sedco 706"," (6), (7), (8)","semi","«","1976/1994/ 2008",6500,25000,"Brazil","Petrobras","2014-05-01","2016-09-01",296000,361000,null,0,21,0,0,null,31,29,0,0]
["Jack Bates",-7,"semi",null,"1986/1997",5400,30000,"Australia","Santos","2014-02-25","2014-06-17",380000,525000,null,0,0,10,0,null,0,0,0,0]
[]
["High Specification Floater: Harsh Environment"]
[]
["Henry Goodrich",-6,"semi",null,"1985/2007",5000,30000,"Canada","Suncor","2014-04-01","2014-06-01",346000,{"$f":"+L35","v":346000},null,0,0,0,0,null,0,82,18,0]
[null,"(6), (8)",null,null,null,null,null,"Canada","Suncor",{"$f":"+K35","v":"2014-06-01"},"2015-03-20",476000,346000]
["Paul B. Loyd, Jr.",-7,"semi",null,1990,2000,25000,"UKNS","BP","2013-09-01","2014-09-01",441000,350000,null,0,0,0,0,null,0,0,43,57]
[null,-7,null,null,null,null,null,"UKNS","BP",{"$f":"+K37","v":"2014-09-01"},"2015-03-01",447000,441000]
[null,-7,null,null,null,null,null,"UKNS","BP","2015-03-01","2015-08-01",430000,{"$f":"+L38","v":447000}]
[null,-7,null,null,null,null,null,"UKNS","BP","2015-08-01","2016-03-01",436000,{"$f":"+L39","v":430000}]
[null,-7,null,null,null,null,null,"UKNS","BP","2016-03-01","2016-09-01",443000,{"$f":"+L40","v":436000}]
[null,-7,null,null,null,null,null,"UKNS","BP","2016-09-01","2017-03-01",450000,{"$f":"+L41","v":443000}]
[null,-7,null,null,null,null,null,"UKNS","BP",{"$f":"+K42","v":"2017-03-01"},"2017-06-01",456000,{"$f":"+L42","v":450000}]
["Polar Pioneer",-6,"semi",null,1985,1500,25000,"Alaska","Shell","2014-11-24","2015-02-28",589000,523000,null,0,74,92,53,null,0,0,0,0]
[null,-6,null,null,null,null,null,"Alaska","Shell",{"$f":"+K44","v":"2015-02-28"},"2015-03-31",558000,{"$f":"+L44","v":589000}]
[null,-6,null,null,null,null,null,"Alaska","Shell",{"$f":"+K45","v":"2015-03-31"},"2015-04-30",589000,{"$f":"+L45","v":558000}]
[null,-6,null,null,null,null,null,"Alaska","Shell",{"$f":"+K46","v":"2015-04-30"},"2015-06-30",558000,589000]
[null,-6,null,null,null,null,null,"Alaska","Shell","2015-06-25","2015-10-25",620000,558000]
[null,-6,null,null,null,null,null,"Alaska","Shell",{"$f":"+K48","v":"2015-10-25"},"2015-12-31",558000,620000]
[null,-6,null,null,null,null,null,"Alaska","Shell","2015-12-31","2016-04-30",589000,558000]
[null,-6,null,null,null,null,null,"Alaska","Shell","2016-04-30","2016-06-30",558000,589000]
[null,-6,null,null,null,null,null,"Alaska","Shell","2016-06-30","2016-10-31",620000,558000]
[null,-6,null,null,null,null,null,"Alaska","Shell","2016-10-31","2016-12-31",558000,620000]
[null,-6,null,null,null,null,null,"Alaska","Shell","2016-12-31","2017-06-30",589000,558000]
[]
["Midwater Floaters"]
[]
["GSF Arctic III","(7)","semi",null,1984,1800,25000,"UKNS","Chevron","2014-04-19","2014-10-14",410000,336000,null,0,0,0,37,null,59,0,0,0]
["Sedco 714",-7,"semi",null,"1983/1997",1600,25000,"UKNS","Total","2012-12-01","2014-05-01",401000,398000,null,0,37,83,0,null,0,0,0,0]
[null,-7,null,null,null,null,null,"UKNS","Total","2014-09-01","2015-09-01",439000,{"$f":"+L59","v":401000}]
[null,-7,null,null,null,null,null,"UKNS","Total",{"$f":"+K60","v":"2015-09-01"},"2016-03-01",445000,{"$f":"+L60","v":439000}]
["GSF Grand Banks","(6), (8)","semi",null,1984,1500,25000,"Canada","Husky","2013-01-01","2015-09-01",409000,297000,null,90,51,0,0,null,0,0,0,0]
[]
["High Specification Jackups "]
[]
["GSF Constellation II",-6,null,null,2004,400,30000,"Gabon","Total","2012-10-01","2014-10-31",165000,109000,null,0,0,0,0,null,0,0,0,0]
[null,-6,null,null,null,null,null,"Gabon","Vaalco","2014-10-31","2016-07-01",165000,{"$f":"+L66","v":165000}]
["GSF Galaxy III"," (6), (7)",null,null,1999,400,30000,"UKNS","Nexen","2013-07-01","2014-05-01",226000,146000,null,0,0,30,0,null,66,0,0,0]
[null,"(7)",null,null,null,null,null,"UKNS","Nexen",{"$f":"+K68","v":"2014-05-01"},"2014-07-01",180000,{"$f":"+L68","v":226000}]
[]
[]
[]
["Fixed-Price Options - See Footnote 9"]
[]
["High Specification Floater: Ultra-Deepwater"]
[]
["GSF Development Driller II",-6,"semi","«",2005,7500,37500,"Romania","Lukoil","2015-06-28","2016-12-28",400000,360000]
[]
["High Specification Floater: Harsh Environment"]
[]
["Paul B. Loyd, Jr.",-7,"semi",null,1990,2000,25000,"UKNS","BP","2017-06-01","2017-09-01",456000,{"$f":"+L81","v":456000}]
[null,-7,null,null,null,null,null,"UKNS","BP",{"$f":"+K81","v":"2017-09-01"},"2018-03-01",463000,{"$f":"+L81","v":456000}]
[null,-7,null,null,null,null,null,"UKNS","BP",{"$f":"+K82","v":"2018-03-01"},"2018-06-01",470000,{"$f":"+L82","v":463000}]
["Polar Pioneer",-6,"semi",null,1985,1500,25000,"Alaska","Shell","2017-06-17","2017-10-31",620000,589000]

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[null,{"$f":"Report!A2","v":"Updated: May 15, 2014"}]
[null,{"$f":"Report!A3","v":"Revisions Noted in Bold"}]
[]
[null,"Footnotes"]
["Prev"]
["(1)","(1)","Dates shown are the original service date and the date of the most recent upgrade, if any."]
["(2)","(2)","Estimated Contract Start and Estimated Expiration Dates are calculated as follows: (1) for events estimated to occur between the 1st and 15th of a month, the previous month is reported (i.e. a contract which is estimated to commence on May 4, 2014 will be reported as commencing in April 2014) and (2) for events estimated to occur between the 16th and the end of a month, the actual month is reported (i.e. a contract which is estimated to commence on May 24, 2014 will be reported as commencing in May 2014).  Expiration dates represent the company's current estimate of the earliest date the contract for each rig is likely to expire. Some rigs have two or more contracts in continuation, so the last line shows the estimated earliest availability. Many contracts permit the customer to extend the contract.  "]
["(3)","(3)","Represents the full operating dayrate, although the average dayrate over the term of the contract will be lower and could be substantially lower. Does not reflect incentive programs which are typically based on the rig's operating performance against a performance curve. Please refer to the “Customer Contract Duration and Dayrates and Risks Associated with Operations” section of the Disclaimers & Definitions for a description of dayrates.  This column may not reflect the rate currently being received under the contract as a result of an applicable standby rate or other rate, which typically is less than the contract dayrate."]
["(4)","(4)","The out of service time represents those days where a rig is scheduled to be out of service and not be available to earn an operating dayrate. Please refer to the “Out of Service Days (Shipyards, Mobilizations, Demobilizations, Contract Preparation)” section of the Disclaimers & Definitions for a full description.  "]
["(5)","(5)","Estimated Average Contract Dayrate is defined as the average contracted full operating dayrate to be earned per revenue earning day. See note (3) for definition of full operating dayrate."]
["(6)","(6)","Reflects the current contracted dayrate which could reflect prior cost escalations and could change in the future due to further cost escalations."]
["(7)","(7)","Reflects the current contracted dayrate which is comprised of a foreign currency component and which could change due to foreign exchange adjustments."]
["(8)","(8)","Current contract provides for a bonus incentive opportunity not reflected in the stated current contract dayrate."]
["(10)","(9)","Fixed price options may be exercised at the customer’s discretion. During periods when dayrates on new contracts are increasing relative to existing contracts, the likelihood of customers’ exercising fixed price options increases. During periods when dayrates on new contracts are decreasing relative to existing contracts, the likelihood of customers’ exercising fixed price options declines."]
[null,"(10)","Until August 2012, the contract dayrate was $469,000, subject to cost escalation. The dayrate for the remainder of the contract is linked to the standard West Texas Intermediate crude oil price with a floor of $40 per barrel resulting in a contract dayrate of $400,000 and a ceiling of $70 per barrel resulting in a contract dayrate of $500,000, subject to cost escalation."]

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["DISCLAIMERS & DEFINITIONS"]