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Proprietary Information of Control F

Two Products currently under Development and Patent Review:

  Ultimate Motion Compensation Cylinder Assembly (UMCCA)

  Drill String Compensator Improvements

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• Widespread Applications involving suspended payloads or sensor platforms,soft sub-sea landing / ROV docking and heave-free drill rig tensioning.

• Systems Adaptability  permits usage with most known compensatorconfigurations and upgrading of existing passive systems to activated systems.

• Integrated Computer Controller processes accelerometer and other inputs usingproprietary control algorithms with user-friendly operator interface.

• 95% Or Better Heave Isolation  achieved by utilizing a controller developedposition for load insensitivity, drift and accumulated error-free motion compensatorperformance.

Active / Passive Payload Motion Management Systems 

Reliable, Low Maintenance Riser And Guide Line Tensioners • Proven Ram Technology based on more than 30 years of experience in providingram tensioners for offshore petroleum use and for the U.S. Navy.

• Automatic Safety Arrest limits ram velocity and physically stops ram to eliminatetensioner damage in event of wire rope failure.

• Maintenance Simplicity because of split ram seals which are replaceable withoutsystem disassembly or wire rope removal.

• Operational Simplicity for reliable riser and guide line tensioning.

• Single And Dual Models can provide from 80,000 to 250,000+ pounds tension.

Rate Line Tension 80,000 lb (356 kN) to 250,000 lb (1,112 kN) +

Wire Line Travel 50 ft (15.2 M ) or 60 ft. (18.2 M)Wire Line Diameter 1.75 in. (44.5 mm) or 2.875 in. (73 mm)

Rate Line Tension 16,000 lb (7,257 kg)Wire Line Travel 40 ft (12.1 M ) Max.Wire Line Diameter .75 in. (1.9 mm)

* 80K, 100K and 150K Single or Dual also available.

M otion M anagement/Riser & Guide LineTensioners

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• Light Weight Compensators  reduce wire line wear and minimize derrickstructure.

• More Usable Derrick Height  with single cylinder design.

• Compact Design features an integral traveling block.• Hydraulic Lockup in Any Position allows faster, more flexible drilling operations.

• In-Line Load Path  through a single cylinder yields lowest weight and highefficiency.

• High Capacity 800,000 Pound Working Capacity and high efficiency satisfydemanding requirements.

• Innovative Pneumatic / Hydraulic Power Combination provides positive controland flexibility.

• Hydraulic Lockup On Demand in any position allows faster drilling operations.

• Automatic Safety Arrest limits hook velocity and prevents equipment damagein event of drill string failure.

Model HC-800-2-17-20

Working Capacity 800,000 lb (3.555 kN)Static Load Capacity 1,600,000 lb (7,110 kN)Stroke 20 ft (6.09 M) or 25 ft (7.62 M)

Pressure, Max 2,400 psi (16.55 MPa)Wet Weight, (hung in derrick 113,150 lb (503 kN) (20 ft)  with rod end and traveling block)Dimension “A” Ful ly Retracted 51 f t (15.6 M) (20 f t)Dimension “A” Ful ly Extended 71 f t (21.7 M) (20 f t)

Models HC-400-16-20/ and -25 Model HC-600-25 Model HC-650-20-20 / and -25Working Capacity 400,000 lb (1,779 kN) 600,000 lb (2,669 kN) 650,000 lb (2,891 kN)Static Load Capacity 1,200,000 lb (5,338 kN) 1,600,000 lb (7,117 kN) 1,600,000 lb (7,117 kN)Stroke, Max 20 ft (6.09 M) / 25 ft (7.62 M) 25 ft (7.62 M) 20 ft (6.09M) / 25 ft (7.62 M)Pressure, Max 2,400 psi (16.55 MPa) 2,400 psi (16.55 MPa) 2,400 psi (16.55 MPa)Wet Weight (hung in derrick 46,000 lb (20,865 Kg) 20 ft Stroke 67,000 (30,390 Kg) 20 ft Stroke  with rod end and traveling block) 48,600 lb (22,045 Kg) 25 ft Stroke 85,100 lb (38,600 Kg) 25 ft Stroke 70,600 lb (32,024 Kg ) 25 ft StrokeDimension “A” Fully Retracted 31.1 ft (9.49 M) / 36.1 ft (11.02 M) 37.8 ft (11.54 M) 32.3 ft (9.84 M) / 37.3 ft (11.37 M)Dimension “A” Fully Extended 51.1 ft (15.59 M) / 61.1 ft (18.64 M) 62.8 ft (19.16 M) 52.3 ft (15.94 M) / 62.3 ft (18.99 M)

Compact, Efficient 

THIS EQUIPMENT IS COVERED BYTHE FOLLOWING U.S. PATENT: RE29,565

Heave Compensators

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The remotely-operated, manually-controlled Pipemaster ® 

Offshore Piperacker improves efficiency through positivemechanical control in horizontally storing, handling andracking of tubular goods. Adaptable to drill ships, semi-submersibles and mobile self-elevating platforms, thesystem semi-automatically moves drill pipe, collar and risersections to and from the rig floor for tripping operations.The Pipemaster ®  Offshore Piperacker provides a systemthat mechanically controls and handles pipe in adverse seastates.

Power: Hydraulic 50 HPPneumatic Shipboard air, 100 to 150 psi

(Shipboard air, 6.9 to 10.4 bars)Electric Shipboard electric, 64 KVA, 440/460V, 60 cycle

Control Remote ManualSpeed One 90 ft. stand per minute

Weight 230,000 lbs without interconnecting beams(104,328 Kg without interconnecting beams)

Capacity 20,000 ft of 5 in. drill pipe with 7 in. protector stored in 90 ft stands.Adaptors for casing 8 %/8, in. to 30 in. O.D. and riser 36 !/2 in. O.D. x 50 ft. long(6,096 M of 127 mm drill pipe with 178 mm protector stored in 27 M stands.Adapters for casing 220 mm to 760 mm O.D. and risers 7.8 M.O.D. x 15.5 M long.)

Pipe Handling Systems

Pipemaster ®  Offshore 

Piperacker 

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When used in conjunction with the Pipemaster

 ® 

 offshorepiperacker, the bridge crane handles marine riser andcasing for drillship operations. A lift beam transfers riseror casing to the piperacker skate and track which thendelivers the riser or casing to the rig floor to be handledby the elevator and drawworks and then mechanicallystabbed over the well bore. While storage capacity isdependent on the ship’s beam and available above andbelow deck area, a typical system stows 3,000 feet (912M) of 38 inch (965 mm) diameter marine riser in 50 foot(15.2 M) lengths.

Swing Crane Bridge Crane Semi-Submersible and Jack-Up Handling SystemPower Hydraulic Electric ElectricControl Remote Manual Remote Manual Remote ManualSpeed, riser or casing One section every 3 to 4 minutes One section every 3 to 4 minutes One section every 3 to 4 minutesWeight, includes guide rails, 37,000 lbs (16,783 Kg) 80,000 lbs (36,288 Kg) 90,000 lbs (40,823 Kg)excludes support structureLength 16 ft (14,876 mm) or to suit 66 ft (20,117 mm) or to suit 100 ft (25,400 mm) or to suitWidth 61 ft (19,174 mm) 64 ft (19,507 mm) 64 ft (19,507 mm)Height 42 ft (12,801 mm) or as required 43 ft (13,106 mm) or as required 43 ft (13.106 mm) or as required

Pipe Handling Systems

Pipemaster ®  Offshore Riser and Casing Bridge Crane 

For use in conjunction with the Pipemaster ®  offshorepiperacker, the swing crane handles riser and casingfrom below-deck hold space for drillship operations. Abelow-deck crane moves riser or casing to a pick-upstation; lift beam is attached to the riser or casing whichis raised to the swing crane; the swing crane places theriser or casing on the piperacker skate and track for

delivery to the rig floor. Storage capacity depends onship’s beam and available below deck hold area; a typicalsystem stows 3,000 feet (912 M) of 38 inch (965 mm)diameter marine riser in 50 foot (15.2 M) lengths.

Pipemaster ®  Offshore Riser and Casing Swing Crane 

This system is specially designed to handle single drillpipe, marine riser and casing aboard semi-submersible

or jack-up platforms. This tubular goods handling systemprovides the mechanical means to move drill pipe,marine riser and casing from a horizontal racking areaon the main deck back and forth to the rig floor. Typicalsystem storage capacity is consistent with a 100 foot(30.5 M) long deck area.

Pipemaster ®  Offshore Semi-Submersible and Jack-Up Handling System 

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Pipemaster ®   Pipe Tensioners are track-type tensionsystems capable of holding back on the pipeline, using

essentially constant tension characteristics. PipeTensioners absorb the curvature of the pipeline andaccommodate nominal changes in coating diameter.Available drives include electrohydraulic or diesel-hydraulic power units. Control is by solid state integratedelectronic circuitry with independent, identical electronicor hydraulic backup control. All parameters in the speed/ tension curve are adjustable by easily accessible knobson the control console.

Single Pipemaster ®  Pipe Tensioners can be arrangedin multiple tandem units to obtain higher tension whenrequired. Welding or other work stations may be located

between tandem units depending on barge installation.Pipe Tensioners can be supplied for locating on port orstarboard ramp as well as for barge center slot operation.

A B C D*** Weight****LPT 40 124 in. (3,149 mm) 264 in. (6,706 mm) 168 in. (4,267 mm) 66 in. (1,676 mm) 110,000 lbs (49,895 Kg)LPT 80-1.5 164 in. (4,165 mm) 322 in. (8,191 mm) 247 in. (6,273 mm) 59 in. (1,498 mm) 186,800 lbs (84,730 Kg)LPT 100-1.5 164 in. (4,165 mm) 364 in. (9,233 mm) 247 in. (6,273 mm) 59 in. (1,498 mm) 204,500 lbs (92,760 Kg)LPT 150-1.5 176 in. (4,470 mm) 337 in. (8,559 mm) 247 in. (6,273 mm) 59 in. (1,498 mm) 206,000 lbs (93,440 Kg)

Pipe Tension Systems

Pipemaster ®  Pipe Tensioners 

LPT 40 LPT 80 LPT 100 LPT 150

Tension, max 40,000 lbs (18,144 Kg) 80,000 lbs (32,287 Kg) 100,000 lbs (43,350 Kg) 120,000 lbs (54,431 Kg)Rated In-Haul / Payout 66 fpm / 66 fpm 80 fpm / 80 fpm 120 fpm / 120 fpm 90 fpm / 100 fpm

(20 mpm / 20 mpm) (24 mpm / 24 mpm) (37 mpm / 37 mpm) (27 mpm / 30 mpm)Optional* In-Haul / Payout 160 fpm / 160 fpm 200 fpm / 200 fpm 200 fpm / 200 fpm 180 fpm / 200 fpm

(49 mpm / 49 mpm) (61 mpm / 61 mpm) (61 mpm / 61 mpm) (55 mpm / 61 mpm)Pipe size, O.D. diameter  rated 6 in.-30 in. (152 mm-762 mm) 8 in.-48 in. (203 mm-1,219 mm) 8 in.-48 in. (203 mm-1,219 mm) 8 in.-48 in. (203 mm-1,219 mm)  max•• 50 in. (1,270 mm) 72 in. (1,829 mm) 72 in. (1,829 mm) 72 in. (1,829 mm)

 • Speeds above those rated available on special order.•• Pipe sizes larger than rated diameter can be handled by changing pad type and pressure points. Engineering evaluation and approval required.

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The Pipemaster ®  Abandonment and Recovery Winch Systems are designed for

increased control during lowering of pipe for abandonment from lay barge to seabottom. Controls and power supply integrate with Pipemaster ®  Pipe Tensionersystems for smooth load transfer of the highly tensioned pipeline from one systemto the other. Load transfer is accomplished in automatic tension mode,compensating for barge and pipe movement induced by heavy seas. Thissynchronized transfer can be accomplished in about fifteen seconds, theapproximate period of a single wave, under full control of the operator. Systemredundancy is designed into the Pipemaster ®  Abandonment and Recovery WinchSystem providing for complete control backup.

Pipemaster ®  Abandonment and Recovery Winch Systems 

Abandoment and Recovery/Land Piperacker

Based on the highly successful design of the offshorepiperacker, WesTech/HMD’s Pipemaster ®  Land Piperackeris, similarly, remotely operated for positive mechanicalcontrol of drill pipe and casing. This system incorporates aunique elevator to raise pipe from the horizontal racks toramp arms where transverse rollers position the pipelongitudinally and indexers control the movement of thepipe to the skate. The Pipemaster ®  Land Piperacker movesdrill pipe and casing semi-automatically from the rackingarea to and from the rig floor for drilling and “laydown”

operations. The system can be housed in an enclosure forwork in the arctic, or skid mounted between standard piperacks and supplied without elevating mechanism for usein less hostile climates.

Pipemaster ®  Land Piperacker 

Power Hydraulic 50 HP Capacity Drill pipe: Singles up to 45 ft (13.7 M) and 6,000 lbs (2,720 Kg)Electric 64 KVA, 440/460V, 60 cycle Casing: Up to 14 in. (356 mm) diameter and 9 B\, in. (244 mm)

Control Remote manual diameter with thermocase. With adapters handlesSpeed One cycle per minute 20 in. (508 mm) diameter maximum; up to 45 ftWeight 36,000 lbs (16,330 Kg) (13.7 M) length maximum.Width 11 ft 4 in. (3,454 mm)Length 87 ft (26,518 mm) or to suit rigHeight 29 ft (8,839 mm) or to suit rig

A B C Weight**ARW 200 151 in. (3.81 M) 170 in. (4.32 M) 120 in. (3.05 M) 70,000 lbs (31,750 Kg)ARW 300 180 in. (4.57 M) 214 in. (5.44 M) 146 in. (3.71 M) 116,000 lbs (52,668 Kg)

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Proprietary Information of Control F

SECTION THREE

ACTIVE COMPENSATION CIMAC CIMAC CIMAC CIMAC 

 ® 

 

UNDER ENGINEERING REVIEW

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Proprietary Information of Control F

HEAVE COMPENSATORS

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 A - Active / I - Inactive / U - Unknown CONTROL FLOW INC.Vetco

 ® / WesTech

 ® / Equipment Reference List

Rig Name - Current & Owner

D - Drillship

S - Semisubmersible (Year Converted)

Rig Name - Old

 Year Built (Active)

 Year Retired (Inactive)

Riser Tensioner System Guideline

Tensioner

System

Motion

Compensator

OEM

 Aleutian Key/Santa Fe International -S A Aleutian Key (1976) 80K 50 RT, 80K 50 Dual RT 16K-50 GLT Single MC 400K-20 Vetco

 Arethusa Worker/Diamond Offshore Drlg -S  A Penrod Rig 73 (1982) 80K Single and Dual RT 16K GLT WesTech

 Atwood Eagle/Atwood Oceanics -S A Diamond M Eagle (1982) 80K Dual RT 16K GLT Single HC 650K-25 WesTech

 Atwood Falcon/Atwood Oceanics -S A Diamond M Falcon (1983) 80K Single and Dual RT 16K GLT Single HC 650K-25 WesTech

 Atwood Hunter/Atwood Oceanics -S A Diamond M Hunter (1981) 80K Dual RT 16K GLT Single HC 400K-20C WesTech

 Atwood Southern Cross/ Atwood Oceanics -D  A Southern Cross (1976) 80K Single RT 16K GLT WesTech

Canmar (Dome) Explorer II/Canadian Marine -D  A Canmar (Dome) Explorer II (1976) 80K Single RT 16K GLT Single HC 400K-20B WesTechCanmar (Dome) Explorer III/Canadian Marine -D  A Canmar (Dome) Explorer III (1973) 16K GLT WesTech

Chevron - Genesis Spa/Chevron A Chevron - Genesis Spa 16K-50 GLT CFI

Converted -Barge (1989) (Baruna-I) A Brinkerhoff 1 (1975) 80K 40 RT 16K-50 GLT Dual MC 400K-20 Vetco

Converted -Barge (1991) A Rio Panuco (1966) 60K 40 RT 16K-50 GLT Vetco

Converted -D (1978) A Glomar IV (1963) 60K 40 RT Vetco

Converted -D (1987) A Navifor Norse (1976) 80K Single RT 16K GLT Single HC 400K-20A WesTech

Converted -D (1989) A Glomar Coral Sea (1974) 80K 50 RT 16K-50 GLT Single MC 400K-20 Vetco

Converted -D (1993) A Canmar (Dome) Explorer IV (1973) 16K GLT WesTech

Converted -D (1993) A Canmar (Dome) Explorer IV (1973) Dual MC 400K-20 Vetco

Converted -D (1993) A Petrel (1976) Single MC 500K-20 Vetco

Converted -D (1977) (Ocean Clipper/Diamond Offs.)  A Wodeco V (1976) Dual MC 400K-20 Vetco

Converted -S (1988) (North Sea Pioneer) A Transworld Rig 58 (1966) 60K 40 RT Vetco

Converted -S (1994) A Kan Tan III (1984) 80K 50 RT 16K-50 GLT Dual MC 400K-20 Vetco

Converted -S (1994) (Petrobras XXV) A Zapata Artic Rig 36 (1984) 16K GLT WesTech

Dada Gorgud/Caspian Drilling Company -S A Kaspmornef/Socar (1979) 80K Single RT CFI

Deepsea Ice/Deep Sea Drillships -D  A Danwood Ice (1975) 80K 40 RT 16K-50 GLT Dual MC 400K-20 Vetco

Doo Sung -S A Doo Sung/Korea Petroleum Dev. (1984) 80K Dual RT 16K GLT Single HC 650K-25 WesTech

Falcon Duchess -D  A odecoVIII /Deepsea Duchess (1975) Dual MC 400K-20 Vetco

Falcon Duchess -D  A odecoVIII /Deepsea Duchess (1975) 80K Single RT 16K GLT WesTech

Jack Bates/R&B Falcon -S A Zane Barnes/R&B (1986) 125K Dual RT Single HC 600K-25 WesTech

Jim Cunningham/R&B Falcon -S A Jim Cunningham (1982) 80K 40 Dual RT 16K-50 GLT Dual MC 400K-20 Vetco

Lafitt Pincay/Rigco -S A Penrod Rig 75 (1976) 80K Single RT 16K GLT WesTech

MG Hulme - Tensionsers taken off & put on R&B

(Kirk Rhein, Jr.) - MG Hulme now has Shaffer

Tensioners / R&B Falcon -S A MG Hulme Jr. (1982) 80K 40 Dual RT 16K-50 GLT Dual MC 400K-20 Vetco

Ocean Baroness/Diamond Offshore Drlg -S  A Aladdin (1973) 80K 50 RT 16K-50 GLT Dual MC 400K-20 Vetco

Ocean Epoch/Diamond Offshore Drlg -S A Diamond M Epoch (1977) Dual MC 400K-20 Vetco

Ocean Epoch/Diamond Offshore Drlg -S A Diamond M Epoch (1977) 80K Dual RT 16K GLT WesTech

Ocean General/Diamond Offshore Drlg -S A Diamond M General (1976) Dual MC 400K-20 Vetco

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 A - Active / I - Inactive / U - Unknown CONTROL FLOW INC.Vetco

 ® / WesTech

 ® / Equipment Reference List

Rig Name - Current & Owner

D - Drillship

S - Semisubmersible (Year Converted)

Rig Name - Old

 Year Built (Active)

 Year Retired (Inactive)

Riser Tensioner System Guideline

Tensioner

System

Motion

Compensator

OEM

Ocean General/Diamond Offshore Drlg -S A Diamond M General (1976) 80K Single RT 16K GLT WesTech

Ocean New Era/Diamond Offshore Drlg -S A Diamond M New Era (1974) Dual MC 400K-20 Vetco

Ocean New Era/Diamond Offshore Drlg -S A Diamond M New Era (1974) 80K Single RT 16K GLT WesTech

Ocean Star/Diamond Offshore Drlg -S A Sinbad Saxon (1974) Single HC 400K-20A WesTech

Peregrine VII/RB Falcon -D A Sedco 445 (Foresight Driller II) (1971) Dual MC 400K-20 Vetco

Peregrine VII/RB Falcon -D A Sedco 445 (Foresight Driller II) (1971)

80K Double RT and 2 Taut

Line Tensioners WesTechSanta Fe Rig 135/Santa Fe International -S A Santa Fe Rig 135 (1983) 80K Dual RT 16K GLT WesTech

Santa Fe Rig 140/Santa Fe International -S A Santa Fe Rig 140 (1983) 80K Dual RT 16K GLT WesTech

Scarabeo 3/Saipem -S A Scarabeo 3 (1975) Dual MC 400K-20 Vetco

Scarabeo 4/Saipem -S A Scarabeo 4 (1975) Dual MC 400K-20 Vetco

Sedco 700/Sedco Forex -S A Sedco 700 (1973) Dual MC 400K-25 Vetco

Sedco 700/Sedco Forex -S A Sedco 700 (1973) 80K Single RT 16K GLT WesTech

Sedco 710/Sedco Forex & Petrocan -S A Sedco 710 (1983) Dual MC 600K-25 Vetco

Sedco 710/Sedco Forex & Petrocan -S A Sedco 710 (1983) 80K Single RT 16K GLT WesTech

Sedco 711/Sedco Forex -S A Sedco 711 (1982) Dual MC 600K-25 Vetco

Sedco 711/Sedco Forex -S A Sedco 711 (1982) 80K Single and Dual RT 16K GLT WesTech

Sedco 712/Sedco Forex -S A Sedco 712 (1983) Dual MC 600K-25 Vetco

Sedco 712/Sedco Forex -S A Sedco 712 (1983) 80K Single and Dual RT 16K GLT WesTech

Sedco 714/Sedco Forex & Ranger -S A Sedco 714 (1983) Dual MC 600K-25 Vetco

Sedco 714/Sedco Forex & Ranger -S A Sedco 714 (1983) 80K Single and Dual RT 16K GLT WesTech

Sedco/BP 471/Sedco Forex & BP -D A Sedco/BP 471 (1978) Dual HC 800K-20 WesTech

TOR Viking/KS Right Viking -S A Pentagone 82 (1973) Dual MC 400K-15 Vetco

Transocean Amirante/Transocean -S A Transocean Treasure Swan (1981) 100K Dual RT CFI

Transocean Marianas/Transocean -S A Tharos & Polyportia/Sonat Offs. (1996) 100K Dual RT WesTech

Treasure Legend/Transocean -S A Penrod Rig 77 (1983) 80K Single RT 16K GLT Single HC 400K-25 WesTech

Treasure Prospect/Transocean -S A Penrod Rig 76 (1983) 80K Single and Dual RT 16K GLT Single HC 400K-25 WesTech

Treasure Saga/Transocean -S A Sonat GVA 4000 (1983) 100K Single RT (now Shaffer) 16K GLT WesTech

Zagreb 1/Crosco -S A Zagreb 1 /INA Naftaplin (1977) 80K Dual RT CFI

 Accident -D I Petromar V (1963-1981) Single MC 400K-20 Vetco

 Accident -D (Sunk) I Glomar Java Sea (1975-1983) 80K 50 RT 16K-50 GLT Single MC 400K-20 Vetco

Retired -Barge I Mission Viking (1975-1987) 80K 50 Dual RT 16K-50 GLT Single MC 400K-20 Vetco

Retired -Barge I Reforma (1966-1988) 80K 50 RT 16K-50 GLT Dual MC 400K-20 Vetco

Retired -Barge I Revolucion (1966-1988) 80K 50 RT 16K-50 GLT Dual MC 400K-20 Vetco

Retired -Barge I estern Offshore III /Wodeco (1964-83) 80K Single RT 16K GLT WesTech

Retired -Barge I estern Offshore IV /Wodeco (1966-83) 80K Single RT 16K GLT WesTech

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 A - Active / I - Inactive / U - Unknown CONTROL FLOW INC.Vetco

 ® / WesTech

 ® / Equipment Reference List

Rig Name - Current & Owner

D - Drillship

S - Semisubmersible (Year Converted)

Rig Name - Old

 Year Built (Active)

 Year Retired (Inactive)

Riser Tensioner System Guideline

Tensioner

System

Motion

Compensator

OEM

Retired -D I Benlomond(Deepsea Lomond) (1975-1993) 80K 50 RT 16K-50 GLT Dual MC 400K-20 Vetco

Retired -D I Canmar (Dome) Explorer I (1976-94) 80K Single RT 16K GLT Single HC 400K-20B WesTech

Retired -D I Chancellorsville (1976-1994) 80K 40 RT 16K-50 GLT Dual MC 400K-20 Vetco

Retired -D I Fredericksburg  (DeepseaLomond-1975-93) 80K 40 RT 16K-50 GLT Vetco

Retired -D I Glomar Atlantic (1978-1993) 80K 50 Dual RT 16K-50 GLT Vetco

Retired -D I Glomar Grand Isle (1967-1988) 80K 50 RT 16K-50 GLT Vetco

Retired -D I Glomar Pacific  (DeepSeaPacific)(1977-92) 80K 50 Dual RT 16K-50 GLT Single MC 400K-20 VetcoRetired -D I J.W. Bates/R&B (1967-1985) Single HC 400K-20B WesTech

Retired -D I Mission Exploration (1974-1980) 80K 40 RT 16K-50 GLT Single MC 400K-20 Vetco

Retired -D I Ocean Hurricane (1974-1987) Single MC 400K-15 Vetco

Retired -D I Pelican/Foramer (1972) 100K Single RT WesTech

Retired -D I Petrobras II (1973-1989) Dual MC 500K-15 Vetco

Retired -D I Protexa Rig 21 (Zapata Trader) (1975-87) 80K Single RT 16K GLT WesTech

Retired -D I Regional Endeavour (1974-1987) 80K 40 RT 16K-50 GLT Dual MC 400K-20 Vetco

Retired -D I Saipem Due (1973-1993) Dual MC 400K-20 Vetco

Retired -D I Tainaron/Tropic Drlg(Viking Driller)(1975-92) Single HC 400K-20B WesTech

Retired -S I Blue Water 3 (1966-1988) Dual MC 400K-20 Vetco

Retired -S I Blue Water 4/Santa Fe Int'l. (1975-1989) 80K Single RT 16K GLT WesTech

Retired -S I Neptune 7 (Pan Producer) (1969-1994) Dual MC 400K-20 Vetco

Retired -S I Santa Fe Mariner 2 (1973-1987) 80K 50 RT 16K-50 GLT Vetco

Retired -S I Sedneth-I (1968-1986) Dual MC 400K-20 Vetco

Retired -S I Transworld Rig 61 (1970-1989) Single MC 400K-20 Vetco

U BF-1 Dual MC 600K-10 Vetco

U Capalonga (1) 16K-50 GLT Vetco

U Danwood Frost 80K 40 RT 16K-50 GLT Vetco

U Danwood Snow 80K 40 RT 16K-50 GLT Dual MC 400K-20 Vetco

U Gulf Canada Kalluk 80K Single RT 16K GLT WesTech

U Marianna Single MC 60K-15 Vetco

U Mendu Single MC 30K-15 Vetco

U NFDS Petro Jarl 80K Single RT 16K GLT WesTech

U Petro Marine Petro 3 Single HC 400K-20B WesTech

U Petro Marine Petro Mar 1 Single HC 400K-20B WesTech

U Surveyor 1 Single MC 60K-15 Vetco

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31

1. General: No orders shall be considered as accepted by CON-TROL FLOW INC., AND FLOCON PRODUCTS, INC. until ap-proved at our office in Houston, Texas. These terms and condi-

tions apply to all sales made by us. Any purchase order receivedby CONTROL FLOW INC., AND FLOCON PRODUCTS, INC. shallbe construed as a written acceptance of all of our terms and con-ditions of sale. Unless specifically accepted in writing, no otherterms and conditions shall apply. Additional information, specifi-cations, and recommendations may be obtained by writing us atour Houston office.

2. Terms of Payment: Our domestic terms are net 30 days af-ter shipment or offer to ship if delayed by customer’s request. Ex-port terms require a confirmed irrevocable letter of credit openedthrough a prime U.S. Bank, unless otherwise specified. Boxing,cartage, freight, insurance, handling, labor, rental and similar ex-penses are net cash upon receipt of invoice.

3. Guarantee: We warrant all products of our manufacture to befree from defects and against failure due to workmanship or mate-rials for a period of one year but no longer from date of invoice:provided, however, that our liability under said warranty shall beand the same hereby is expressly limited to repairing or furnishingfor replacement, free of charge, FOB our factory, any part of anysuch product that proves to be defective in workmanship or mate-rial under normal use and operation, and provided further thanwritten notice of such defect or failure is given to us within thirtydays from the occurrence thereof and such part is returned to usat our factory, carrying charges prepaid, within the said one yearperiod of warranty; provided, further that with respect to any partsnot wholly of our manufacture this warranty is limited in extent tothe warranty, if any, which we may have received with respectthereto from the manufacturers of any such parts and to the ac-tual extent that we are able to enforce it.

Except as above set forth, there shall be no other warranty of

fitness or merchantability or other warranty or liability whether

expressed orally or in writing, or implied in fact or imposed

by statute, and in no event shall we or our agents or employeesbe liable for injury or damage to any person or property whatso-ever or for any special, indirect, secondary, or consequential dam-age of any nature however arising.

4. Delivery: We endeavor to ship all materials within the timepromised by us, but do not guarantee to do so. No claims for dam-ages or delays due to failure to deliver will be allowed unless awritten agreement between both parties specifically allows forclaims against later delivery. All agreements are subject to delays

caused by strikes, lockouts, accidents, fire or other casualty, actsof God, war, insurrection, the elements, shortage of raw materialsand labor, governmental orders, or restrictions and any circum-stances beyond our control. Our responsibility ceases upon deliv-ery to any common carrier. We do not insure shipments beyondthe point of delivery to a carrier unless previously instructed bypurchase order. All materials for export are packed to the best ofour ability so that they will not be damaged, rust or deteriorate intransit but we do not guarantee against such damage.

5. Insurance: We will place insurance as nearly as possible inaccordance with the written instructions of our customers, but weassume no liability for the placing of such insurance or as to theultimate recovery in case of breakage, damage or loss.

6. Consular Invoices: No consular fees for legalizing invoices,stamping bills of lading, or other documents required by the lawsof any country or destination are included in quotations or selling

prices unless specified. If instructed in writing, we will take outconsular documents and make declarations as Agent of the pur-chaser, but assume no responsibility for any fines or other chargesimposed due to errors or incorrect declarations.

7 Change of design: We expressly reserve the right to changeor modify the design and construction of any product, in due courseof our manufacturing procedure, without incurring any obligationor liability to furnish or install such changes, modifications or im-provements on products previously or subsequently sold.

8. Prices: Prices are subject to change without notice. Our mini-mum charge per invoice is $50.00 U.S. Cost of export boxing andpreparation is based on 3% of total list price or minimum chargeat current market price.

9 Quotations: Requests for quotations should be sent to CON-TROL FLOW INC.., AND FLOCON PRODUCTS, INC., P.O. Box40788, Houston, Texas 77420, U.S.A. All quotations and sales areex-works, point of manufacture unless stated otherwise. Unlessotherwise agreed in writing, quotations are valid for 30 days fromdate of quotation. Unless otherwise agreed in writing, loading, light-erage, wharfage, freight, landing charges, dues, duties or any othercharges are not included in quotations or indicated by any pricelist. All taxes are required by law on a sale will be added to the netsales price. All prices and discounts, now in effect, or hereafterissued, are subject to change without notice.

10. Cancellations: When an order has been accepted by CON-TROL FLOW INC., AND FLOCON PRODUCTS, INC., it may notbe cancelled without our written permission. Cancellation terms

will include compensation, as necessary, to us for expenses in-curred after such an order has been accepted. Orders for prod-ucts or parts of special design size or materials are not subject tocancellations after we have accepted order. Orders cancelled dueto United States Department of Commerce not granting an exportlicense are subject to cancellation charge.

11. Returns: Written permission must be obtained before return-ing material to us for credit. When written permission is acquired,shipment must be returned to location as specified via prepaidfreight. Material will be subject to our inspection before credit canbe issued. A restocking charge will be made on all orders returnedfor credit, or costs that may be necessary to return material tosalable condition. No material will be accepted for credit one yearfrom date of purchase. Products of special design or equipmentaltered to fit customer’s specifications will not be accepted for credit.

12. Compliance with Statues & Regulations: CONTROL FLOWINC., AND FLOCON PRODUCTS, INC. warrants and certifies thatin performing this order it will comply with all applicable statutes,rules, regulations and orders of the United States and of any stateor political subdivision thereof including laws and regulations per-taining to labor, wages, hours, equal opportunity (Executive Order11246) and other conditions of employment, applicable price ceil-ings, if any, and that the articles delivered hereunder shall be pro-duced in compliance with the Fair Labor Standards Act.

TERMS & CONDITIONS

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