Offshore Courageous' Departure Delayed

The Offshore Courageous was scheduled to depart the US Gulf of Mexico for India last week. However, due to mechanical problems encountered by the heavy lift vessel, the Willift Falcon, the rig's departure is delayed by approximately one week.

This short delay has no impact on Scorpion's commitment to Cairn as the rig is still anticipated to arrive in India in early August for its drilling program with Cairn which is due to begin in mid-September.

The Offshore Courageous was delivered on time and on budget from the Keppel AmFELS shipyard in Brownsville, Texas, on May 31, 2007.

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