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Financial HQ

Borr Drilling Management AS Klingenberggata 4

0160 Oslo - Norway +47 22 48 3000

Investor Enquiries:rmlundetrae@borrdrilling.com

Borr Drilling

Fleet Status Report - February 2018

Rig Name

Rig Design

Rig Water

Customer / Status

Contract Start

Contract End

Location

Comments

Depth (ft)

Jack-Ups

Atla

F&G, JU 2000 (2003)

400 ft

Available

United Arab Emirates

Warm Stack

Balder

F&G, JU 2000 (2003)

400 ft

Available

Cameroon

Warm Stack

Idun

KFELS Super B Bigfoot Class (2013)

350 ft

Available

Singapore

Warm Stack

Ran 2

KFELS Super A (2013)

400 ft

Available

Netherlands

Warm Stack

Galar

PPL Pacific Class 400 (2015)

400 ft

Available

PPL shipyard, Singapore

Warm Stack

Saga

KFELS Super B Bigfoot Class (2018)

400 ft

Available

KFELS shipyard, Singapore

Warm Stack

Gerd

PPL Pacific Class 400 (2015)

400 ft

Available

PPL shipyard, Singapore

Warm Stack

Gersemi

PPL Pacific Class 400 (2015)

400 ft

Under Construction

PPL shipyard, Singapore

Rig Delivery in February - 2018

Odin

KFELS Super B Bigfoot Class (2013)

350 ft

Chevron 1

April - 2018

Thailand

Operating

Grid

PPL Pacific Class 400 (2015)

400 ft

Under Construction

PPL shipyard, Singapore

Rig Delivery in April - 2018

Skald

KFELS Super B Bigfoot Class (2018)

400 ft

Under Construction

KFELS shipyard, Singapore

Rig Delivery in May - 2018

Norve

PPL Pacific Class 400 (2011)

400 ft

BW Energy Dussafu

January - 2018

June - 2018

Gabon

2 Wells (140-160 days)

Groa

PPL Pacific Class 400 (2016)

400 ft

Under Construction

PPL shipyard, Singapore

Rig Delivery in June - 2018

Gunnlod

PPL Pacific Class 400 (2018)

400 ft

Under Construction

PPL shipyard, Singapore

Rig Delivery in July - 2018

Gyme

PPL Pacific Class 400 (2018)

400 ft

Under Construction

PPL shipyard, Singapore

Rig Delivery in September - 2018

Mist

KFELS Super B Bigfoot Class (2013)

350 ft

Chevron 1

October - 2018

Thailand

Operating

Natt

PPL Pacific Class 400 (2018)

400 ft

Under Construction

PPL shipyard, Singapore

Rig Delivery in October - 2018

Frigg 2

KFELS Super A (2013)

400 ft

Total

December - 2018

December - 2019

Nigeria

One year with option to extend

Njord

PPL Pacific Class 400 (2018)

400 ft

Under Construction

PPL shipyard, Singapore

Rig Delivery in January - 2019

Tivar

KFELS Super B Bigfoot Class (2019)

400 ft

Under Construction

KFELS shipyard, Singapore

Rig Delivery in April - 2019

Vale

KFELS Super B Bigfoot Class (2020)

400 ft

Under Construction

KFELS shipyard, Singapore

Rig Delivery in October - 2020

Var

KFELS Super B Bigfoot Class (2020)

400 ft

Under Construction

KFELS shipyard, Singapore

Rig Delivery in December - 2020

Baug 2

F&G, Mod VI Universe Class (1991)

394 ft

Available

United Kingdom

Cold Stack - not bidding

Brage 2

F&G, Mod VI Universe Class (1998)

394 ft

Available

United Kingdom

Cold Stack - not bidding

Eir 2

F&G, Mod VI Universe Class (1999)

394 ft

Available

United Kingdom

Cold Stack - not bidding

Fonn 2

F&G, Mod V (1986)

361 ft

Available

United Kingdom

Cold Stack - not bidding

  • 1 - Rigs are operating under a modified BBC via Transocean until end of current contract.

  • 2 - HD/HE Capability.

Forward Looking Statements:

The statements described in this status report that are not historical facts are "Forward Looking Statements".

Forward Looking Statements reflect management's current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. No assurance can be given that the expectations expressed in these Forward Looking Statements will prove to be correct. Actual results could differ materially from expectations expressed in, or implied by, the Forward Looking Statements if one or more of the underlying assumptions or expectations proves to be inaccurate or is unrealised. These include, but are not limited to, changes to commencement dates, contract duration, earned day rates, locations and other contractual terms; risks relating to the delivery of drilling rigs under construction; sale and purchase of drilling units; oil and gas prices; and risks associated with international operations generally.

No Forward Looking Statement contained in herein or expressed elsewhere should be relied upon as predicting future events. We undertake no obligation to update or revise any Forward Looking Statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.

Borr Drilling - Fleet Status Report - February 2018

Rig Name

Atla

Balder

Idun

Ran 2

Galar

Saga

Gerd

Gersemi

Odin

Grid

Skald

Norve

Groa

Gunnlod

Gyme

Mist

Natt

Frigg 2

Njord

Tivar

Vale ` Var

Baug 2

Location

Borr Drilling

Fleet Status Report - February 2018

2018

2019

2020

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

United Arab Emirates

Cameroon

Singapore

NetherlandsPPL shipyard, Singapore

KFELS shipyard, Singapore

PPL shipyard, Singapore

PPL shipyard, Singapore

Thailand

PPL shipyard, Singapore

KFELS shipyard, Singapore

Cameroon

PPL shipyard, Singapore

PPL shipyard, Singapore

PPL shipyard, Singapore

Thailand

PPL shipyard, Singapore

NigeriaPPL shipyard, Singapore

KFELS shipyard, Singapore

KFELS shipyard, Singapore

KFELS shipyard, Singapore

United Kingdom

Brage 2

United Kingdom

Eir 2

United Kingdom

Fonn 2

United KingdomAvailable - Warm Stack

Available - Warm Stack

Available - Warm Stack

Available - Warm StackAvailable - Warm Stack

Available - Warm Stack

Available - Warm Stack

Rig Delivery in February - 2018

Chevron 1

Rig Delivery in April - 2018

Rig Delivery in May - 2018

BW Energy Dussafu

Rig Delivery in June - 2018

Rig Delivery in July - 2018

Rig Delivery in September - 2018

Chevron 1

Rig Delivery in October - 2018

Total

One Year Option

Rig Delivery in January - 2019

Rig Delivery in April - 2019

Rig Delivery in October - 2020

Rig Delivery in December - 2020

Available - Cold Stack

Available - Cold Stack

Available - Cold Stack

Available - Cold Stack

Contract

Option

Available

Under Construction

  • 1 - Rigs are operating under a modified BBC via Transocean until end of current contract.

  • 2 - HD/HE Capability."

Forward Looking Statements:

The statements described in this status report that are not historical facts are "Forward Looking Statements".

Forward Looking Statements reflect management's current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. No assurance can be given that the expectations expressed in these Forward Looking Statements will prove to be correct. Actual results could differ materially from expectations expressed in, or implied by, the Forward Looking Statements if one or more of the underlying assumptions or expectations proves to be inaccurate or is unrealised. These include, but are not limited to, changes to commencement dates, contract duration, earned day rates, locations and other contractual terms; risks relating to the delivery of drilling rigs under construction; sale and purchase of drilling units; oil and gas prices; and risks associated with international operations generally.

No Forward Looking Statement contained in herein or expressed elsewhere should be relied upon as predicting future events. We undertake no obligation to update or revise any Forward Looking Statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.

Borr Drilling - Fleet Status Report - February 2018

Borr Drilling Ltd. published this content on 22 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 February 2018 10:41:05 UTC.

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