Certain statements and information in this presentation may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include words or phrases such as “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could” or other similar words, which are generally not historical in nature. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. All comments concerning our expectations for future revenues and operating results are based on our forecasts for our existing operations and do not include the potential impact of any future acquisitions. Our forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. These risks include, among others, risks associated with our limited operating history; our limited number of assets and small number of customers; downtime and other risks associated with offshore rig operations; changes in worldwide rig supply and demand, competition and technology; future levels of offshore drilling activity; our substantial level of indebtedness and our need for cash to meet our debt service obligations; political and economic circumstances in the countries in which we operate, including corruption, militant activities, political instability, ethnic unrest and regionalism in Nigeria and other countries where we may operate; strikes and work stoppages; governmental regulatory, legislative and permitting requirements affecting drilling operations; delays or cost overruns in construction projects; shortages of equipment, spare parts and ancillary services; ability to fully realize current backlog of drilling contract revenue; ability to secure drilling contracts prior to deployment of newbuild drillships; our levels of operating and maintenance costs; availability of skilled workers and related labor costs; compliance with governmental, tax, environmental and safety regulations; any non-compliance with anti-bribery laws; effects of new products and new technologies in our industry; termination of our customer contracts; hazards in the oilfield services industry; adequacy of insurance coverage in the event of a catastrophic event; our ability to obtain indemnity from customers; and terrorism, piracy and military action. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the SEC, including our Annual Report on Form 20-F and Current Reports on Form 6-K. Existing and prospective investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise. Forward Looking Statements | 
