Scorpion Offshore - Offshore Courageous is named Shell International E&P Jack-up Rig of the Year

Scorpion Offshore Ltd. ("Scorpion" or "Company") is proud to announce that its jack-up rig, Offshore Courageous, has been named the Shell International E&P Jack-up Rig of the Year.

Scorpion Offshore Ltd. ("Scorpion" or "Company") is proud to announce that its jack-up rig, Offshore Courageous, has been named the Shell International E&P Jack-up Rig of the Year. The Offshore Courageous was the Company's first jack-up and it has been working since mid-2007 for various clients. Since January 2009 the rig has been drilling offshore Malaysia for a subsidiary of Shell under a three-year term contract.

Martin Baltus, Shell's Head of Well Delivery in Malaysia and the Philippines, commented: "The Scorpion Offshore Courageous is a well-deserved winner of the Shell Jack-up Rig of the Year Award and it is quite unique that a rig wins this award in its first year of operation. Scorpion Offshore is a relatively small drilling contractor and Scorpion management state that they strive for operational and HSE excellence. The performance of the Courageous is living proof of their philosophy. Scorpion Offshore Courageous started operations for Shell Malaysia in the beginning of 2009 and straight away performed at a higher level than is customary for rigs starting up. From that higher plateau the Courageous team managed to achieve continuous improvement. Their performance is another example to show that HSE and operational performance go hand in hand. The rig is now approaching 300 days without recordable injuries while drilling and completing wells on time and well within budget. For us at Shell, Safety is a deeply held value and takes priority. We relentlessly pursue 'Goal Zero' which means no harm to people and no significant incidents."

Jon Cole, Scorpion's CEO, commented: "We are extremely gratified to have received this recognition from Shell, one of the world's leaders in offshore operations and safety. The award is a testament to Scorpion's efforts to deliver superior operational and safety performance through the application of experienced personnel, modern equipment and state-of-the-art operating and safety procedures. The personnel on board the Offshore Courageous, as supported by our shore-based operations and safety staff, are to be commended for their accomplishment. All of us at Scorpion would like to thank Shell for providing this opportunity and presenting this honor."

Scorpion Offshore Ltd. is a Bermuda based corporation founded in 2005 to own and operate state-of-the-art offshore drilling rigs.