To be the preferred value-adding

Integrated Oil Field Services Provider

to the Sub-Saharan Upstream Oil Sector

The Supplier of Choice for products and

services in the Upstream Oil & Gas Industry
Oando Energy Services Limited (OESL) is a leading indigenous energy services
company that offers high quality oilfield services to E&P companies operating in
Nigeria by deploying a suite of best practices, innovative technology, safety
procedures, high quality support and environmentally sound well site operations,
which increases efficiency, lowers operating costs and enhances asset value for
its clients.

OESL commenced operations over 14 years ago but re-tooled to its current business
outlook in 2005 when its services were structured along three major offerings namely:

• Drilling and Completion Fluids Services

• Drill Bits and Engineering Services
• Drilling Rigs

This enterprise refocusing was boosted through partnerships with leading global
companies leading to its emergence as the oilfield services company of choice in
its markets.

In 2004, the company entered into a technical alliance with Halliburton's

Baroid for the Drilling Fluids. This partnership enabled OESL to deliver
supply chain services to world class work program like the Erha and
Agbami Field Development Projects. OESL subsequently signed a
Consignment Sales Distributor Agreement with Halliburton's
Drill Bit and Services division for the provision of Drill Bits.

In furtherance of its strategic growth plan, OESL

commenced its third service line in 2007 when it acquired
two swamp drilling rigs for US$100million. It later added three swamp rigs to become
the largest swamp rigs operator in Nigeria with five rigs. Some of these swamp rigs
are currently drilling for major International Oil Companies.

OESL is currently developing a 26,000sqm land asset to warehouse all its services
and create a one stop location for its service offerings.
Products and Services
Drilling & Completion Fluids Management
OESL has been investing in the expansion of its Drilling & Completion Fluids
Management business since 2005. Today, the turnaround in the business is
evident as OESL is now a leading indigenous fluids management company in
Nigeria engaged by major international oil companies such as Shell Nigeria
Exploration and Production Company Limited (SNEPCO), Mobil Producing Nigeria
Unlimited, Nigerian Agip Oil Company (NAOC), Chevron Nigeria Limited and Star
Deep Water Petroleum Limited.

The alliance with Baker Hughes Drilling Fluids Division, gives the company direct access
to latest best practices through research and development, specialized chemicals and
“knowledge banks” to demonstrate high level of competence in the provision of fluids
services. The company has commenced the construction of a world-class mud facility at
Onne which will have the capacity to store 18,000bbls of Completions Brine, Oil Base Mud,
Water Base Mud and 8,500 bbls of Base Oil.

Drill Bits Engineering Services & Drilling Systems

OESL has being offering drill bits services to the Nigerian upstream industry since 2005.
Its customized solutions enable clients to deliver their wells on time and within budget. OESL
seasoned application specialists are trained to identify fit-for-purpose solutions, assist clients
to achieve a high Rate of Penetration (ROP), optimum abrasion resistance, and a longer life
cycle.

As the sole distributor of Halliburton bits in Nigeria, OESL has successfully won contracts with
numerous international operating companies including Shell Petroleum Development Company
of Nigeria Limited (SPDC), BG Exploration and Production Nigeria Limited, Addax Petroleum
Development (Nigeria) Limited, Esso Exploration and Production Nigeria Limited, Nigerian
Agip Oil Company (NAOC), Shell Nigeria Exploration and Production Company Limited
(SNEPCO) and Total Exploration and Production Nigeria limited.

In 2008, OESL made a strategic decision to expand its drill bits services to include the
provision of drilling systems. The service which will include the provision of Directional
Drilling, Measurement While Drilling (MWD) and Logging While Drilling (LWD)
applications is set to commence in 2010.

Alliances

• Baker Hughes Company Limited

• Halliburton Energy Services Inc.
• Axxis Drilling Inc.
• CPD
 OESL commenced its drilling rigs service in 2007 following the acquisition of two swamp
rigs by Oando. Today, we have invested over US $250 million in the acquisition of five
Swamp Drilling Rigs namely Teamwork, Respect, Integrity, Passion and Professionalism,
making OESL Nigeria's largest swamp drilling company. The company has various
contracts ongoing with major internationalcompanies including a US$150million rig
contract for a Joint Venture of NNPC/NAOC.

The rigs business is managed by an experienced team of experts who have had prior
work experience with reputable global drilling companies. Axxis Drilling Inc. and CPD of
Singapore provides spares and equipment as well as maintenance of the rigs for OESL.

OES Teamwork
The rig formerly called Searex XII and operated by Transocean is a 3000HP swamp drilling
barge equipped with 10,000 psi BOP systems. It has IDECO built mast and substructure with
rated static hookload capacity of 1.5M lbs and capable of drilling up to 25,000 ft deep wells.
The rig is equipped with three model 645E8 EMD diesel engines, two model T-1600 IDECO
mud pump, three Derrick Linear Motion Shakers, two Hi-G- dryers, and Varco TDS-3 Top Drive.

Furthermore, Searex XII has newly furnished accommodation with bed space for 98 people,
2 recreation rooms, senior and junior mess and a gymnasium.

04
OES Teamwork

05
OES Respect
OES Respect
The rig formerly called Searex VI and operated by Transocean is a 3000HP swamp barge
equipped with 10,000psi BOP systems. It has Pyramid built mast and substructure with static
hookload rating of 1.5M lbs and capable of drilling up to 25,000 ft deep wells. The rig is
equipped with four model CATD399 Caterpillar diesel engines, two model A-1700PT OILWELL
mud pumps, three RIGTECH VSM 300 Shakers and model TDS 3H Varco Top Drive.
OES Integrity
OES Integrity

OES Integrity is a 3000HP modern swamp barge equipped with 15,000 psi BOP systems.
The rig formerly called Constitution and owned by Axxis Drilling has Derrick built mast and
substructure with static hookload rating of 1.5M lbs and capable of drilling up to 30,000 ft
deep wells. Constitution is highly recommended for drilling exploration, appraisal, HPHT
and challenging development wells. The drawworks system is joystick operated with
strategically located monitors for easy coordination of operations. The rig also has four
Caterpillar model 3516 diesel engines, three model F1600 Oilwell mud pumps, three new
generation Derrick model FL-513 HI-G force shale shakers, Canrig model 1275 Top Drive
and other state of the art rig equipment.
OES Passion
OES Passion
The rig formerly called Parker 75 was owned by Shell Petroleum Development Company
Limited, it is a 3000HP cantilever swamp barge equipped with a 10,000 psi BOP System.
The Cantilever functionality of this rig enables the rig drill multiple well slots while remaining at
the same client location. The drilling unit has a static hookload rating of 1.5M lbs and capable
of drilling up to 25,000ft. The drawwork is an Oilwell DE3000 system. Other equipment installed
on the rig include three 16-645/EMD engines and three PZ 11 mud pumps.
OES Professionalism
The rig formerly called Parker 73 was also acquired from SPDC, it is a 3000HP swamp barge equipped
with a 10,000 psi BOP System. Equipped with a Pyramid mast and substructure with static hookload
rating of 2.0M lbs, the rig is capable of drilling up to 21,762ft. The rig has an Ideco E3000 drawwork
system, three 16-645-E8/EMD engines and three PZ 11 mud pumps.
OES Professionalism
Rigs Specification
Teamwork Respect Integrity Professionalism Passion
Main Dimensions
Length of Hull 209.5 209.5 220 214.5 240
Overall (ft)
Breadth of Hull 70 72 70 72 70
Overall (ft)
Min/Max Operating 10/25' 10/21' 7.5/22' 10/25' 10/16
Water Depth (ft)
Rated Drilling 25,000 25,000 30,000 21,762 25,000
Depth (ft)
Accommodation 98 100 106 90 82
(No. of people)

Mast
Manufacturer Dreco Pyramid Superior Derricks Pyramid Superior Derricks
Model Dreco Pyramid Superior Derricks Jacknife Jacknife
Capacity (lbs) 1,500,000 2,000,000 2,000,000 1,555,000 1,500,000

Substructure
Manufacturer Dreco Pyramid Promet Pyramid OBI
Model Dreco Pyramid Promet Pyramid OBI
Capacity (lbs.) 1,500,000 1,500,000 2,000,000 2,000,000 2,100,000

Crown Block
Make/Type Dreco Pyramid/CB 750 Superior Continental EMSCO Lee C Moore
Rated Capacity (Ton) 750 750 750 500 750
No. of Sheaves 7+1 7+1 7+1 7+1 7+1
Sheave Diameter (inch) 60 60 60 60 60
Sheave Grooved 1 1/2 1 1/2 1 1/2 1 1 5/8
for Line Size (inch)

Rotary table
Manufacturer / Model Ideco Oilwell B375 Ideco Cont-Emsco
Max Opening (inch) 37-1/2 37-1/2 37-1/2 37-1/2 37-1/2
Rated Capacity (Ton) 700 590 535 590 750
Output Power 750 900 (Cont), 1000 800 800 800
(HP) (Intermittent)
Max, Continuous 28,800 20,000 12,200 20,000 20,000
Torque (ft/lbs)

Diesel Engines
Quantity 3 4 4 3 3
Manufacturer EMD CAT CAT EMD EMD
Model 645 E8 D399 3516 16-645-E8 16-645-E8
Max Continous 1573 each 1250 each 1983 each 1950 each 2200 each
Power (HP)

Blow Out
Preventers (Ram)
Ram Type Preventers Cameron Cameron Shaffer Cameron Shaffer
(Manufacturere)
Quantity (Single/ 1 each 1 each 2/1 1 each 2/1
Double)
Size (inch) 13-5/8 each 13-5/8 each 13-5/8 each 13-5/8 each 13-5/8 each
Working Pressure (psi) 10,000 10,000 15,000 10,000 10,000

Blow Out
Preventers
(Annular)
Bag Type Hydril Shaffer Shaffer Shaffer Hydril
Preventers
(Manufacturere)
Size (inch) 13-5/8 13-5/8 13-5/8 13-5/8 13-5/8
Quantity 1 1 1 1 1
Working Pressure (psi) 5,000 10,000 10,000 5,000 5,000
 Teamwork Respect Integrity Professionalism Passion
Linear Motion
Shale Shakers
Manufacturer Derrick FLC Rigtech Derrick Derrick Derrick
Model 2 x Flo-line+ VSM300 FLC513 Flo-line 2E48-120F-4TA
1 X FLC 513
Quantity 3 3 3 3 4
Combined Flowrate 1,200 1,200 1,500 1,200 1,200
(gpm)

Storage Capacities
Active Liquid Mud 901 900 618 1,575 1,247
(bbls)
Reserve Liquid Mud 1,252 1,330 2,460 1,575 1,335
(bbls)
Drilling Water (bbls) 5,905 4,660 2,515 2,929 10,325
Fuel (bbls) 1,968 1,510 1,525 2,929 2,500
Bulk Bentonite/ 5,100 4,480 4,800 5,100 3,280
Barie (ft3)

Draw works
Manufacturer Ideco Ideco TSM3000 Ideco National
Model E3000 E3000 TSM3000 E3000 DE-3000
Input Power 2,400 2,000 3,000 3,000 2,400
Continuous (HP)
Input Power 3,000 (max) 3,000 (max) 3,000 (max) 3,000 (max) 3,000 (max)
Maximum (HP)
Drum Diameter (inch) 36 36 36 42 36
Maximum Line Pull 1,373,500 1,373,500 1,500,000 1,308,000 1,420,000
14 Lines (lbs)

Traveling Block
Manufacturer Gardener Denver Pyramid American Block Ideco Cont-Emsco
Model 550 Pyramid B60G750 TP 750 RA-60-7-750TB
Rated Capacity (Tons) 550 750 750 750 750 ton
No. of Sheaves 7 7 7 7 7
Sheave Diameter (inch) 60 60 60 60 60
Sheave Grooved 1½ 1½ 1 1/2 1 1/2 1 5/8
for Line Size (inch)

Mud Pump(s)
Manufacturer Ideco Oilwell Sichuan Gardner Denver Gardner Denver
Hinghua Equip
Model T-1600 A-1700PT HHF-1600 PZ 11 PZ 11
Quantity 2 2 3 3 3
Pressure rating (psi) 5,000 5,000 7,500 5,000 7,500

Other SCE
Brandt Desander (gpm) 1,200 1,200 1,200 1,200 1,500
Brandt Desilter (gpm) 1,000 1,000 1,200 500 1,200
16