by end of July as per todays NR.
In June 2010, the Georgetown PPL partners committed to a rig-sharing consortium, which contracted
the Atwood Beacon jack-up rig to drill two wells for Murphy Oil Corporation (“Murphy”) and one for
Inpex Corporation (“Inpex”) offshore Suriname, and one well on the Georgetown PPL. Murphy
completed its second well in April 2011 and following the drilling of the Inpex well, the rig is expected
to be at the Jaguar-1 well location by late July 2011.