HAMILTON, BERMUDA ? 04 January 2010

Restricted shares (totaling 81,430) vesting on 01 January 2010 were sold by
Scorpion Offshore Ltd. (?Scorpion?) employees to settle US tax liabilities.  The
shares sold by Primary Insiders are as follows:

Craig Dauterive sold 8,158 shares (holdings after sale ? 222,289)

Travis Fitts sold 10,367 shares (holdings after sale ? 267,775)

John Anthony Gallegos sold 8,158 shares (holdings after sale ? 276,317)

Gabriel Padilla sold 17,434 shares (holdings after sale ? 202,482)

Mark Mey sold 4,996 shares (holdings after sale ? 812,829)

Pamela Thompson sold 2,726 shares (holdings after sale ? 82,081)





This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1370160]