Chiles Offshore Llc Sample Contracts

Chiles Offshore Inc/New/ – [PHILLIPS PETROLEUM LOGO] [BAYU-UNDAN LOGO] 9.0 DRUG AND ALCOHOL POLICY AND HEALTH, ENVIRONMENT AND SAFETY (HES) STANDARDS........................... 27 9.1 MEDICAL EXAMINATION AND HYGIENE...................................................................... 27 10.0 CATERING SERVICE....................................................... .............................. 27 11.0 FORCE MAJEURE........................... ............................................................. 28 12.0 CONFIDENT IALITY......................................................................... ............. 28 13.0 PAT (April 29th, 2002)

PERMANENT AUSTRALIAN EAST USA SHORT CREW OR AUSTRALIAN AUSTRALIAN AWARD POSITION NATIONAL TIMORESE EXPATRIATE ADD RATE AWARD RATE) CLASSIFICATION --------- ---------- -------- ---------- ------------- ----------- ---------------- SHOREBASE Area Manager 1 N/A Rig Superintendent 1 N/A Finance & Admin. Manager 1 N/A Materialsman 1 N/A Administrative Asst. 1 N/A Personnel Manager 1 N/A HES Manager 1

Chiles Offshore Inc/New/ – Contract (April 29th, 2002)

FOR BP TRINIDAD AND TOBAGO LLC Signed: /s/ ROBERT RILEY Name ROBERT RILEY --------------------------------------- ------------------------------------------ (Block Capitals) Position: ASSOCIATE PRESIDENT & CHAIRMAN Date 8/6/01 ---------------------------------------- ------------------------------------------ Signed: /s/ JIM LIEBNITZ Name JIM LIEBNITZ --------------------------------------- ------------------------------------------ (Block Capitals) Position: WELL OPERATIONS MANAGER Date 8/6/01 -------------------------------------

Chiles Offshore Llc – Additional abbreviations may also be used though not in the above list. For value received,.......................hereby sell, assign and transfer unto PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE ---------------------------------------------- -------------------------------- --------------.................................. ............................................................................... (Please print or typewrite name and address including postal zip code of assignee) ............................................................................... ....... (July 24th, 2000)
Chiles Offshore Llc – July 6, 2000 Chiles Offshore LLC 11200 Richmond Avenue, Suite 490 Houston, TX 77082 Dear Sirs We are pleased to confirm that Den norske Bank ASA, Fortis Capital Corp. and Nedship Bank N.V. (together the "Arrangers") are prepared to provide you with a financing facility (the "Facility") as outlined in this letter and in the attached terms and conditions, which shall be read together with, and form an integral part of, this letter. This letter and the attached terms and conditions are together referred to as the "Commitment Letter". The Commitment Letter sets forth the economic and business term (July 24th, 2000)

Utilization Margin (for the total drawn Amount) ----------------------------------- ----------------------------------- less than 1/3 of the Amount 150 bps per annum less than 2/3 => 1/3 of the Amount 175 bps per annum => 2/3 of the Amount 200 bps per annum

Chiles Offshore Llc – Contract (June 15th, 2000)

PAGE SECTION 1 DEFINITIONS ........................................................................ 1 1.1 Defined Terms........................................................... 1 1.2 ........................................................................ 13 1.3 ........................................................................ 13 SECTION 2 REPRESENTATIONS AND WARRANTIES...................................................... 13 2.1 ........................................................................ 13 2.1(a) Due Organization and Power.............................................. 13 2.1(b) Authorization and Consents.............................................. 14 2.1(c) Binding Obligations..........................

Chiles Offshore Llc – The above milestone payments mentioned above shall become due upon completion of each event. (c) The Option shall be exercised by Buyer by written notice delivered to the Seller as provided in Section 19 hereinabove by the dates set forth in Section 31(a) above. (d) The Option Platform shall be constructed by Seller and purchased by Buyer pursuant to a Platform Construction Contract containing the terms of Section 31(a) above as to price, the terms of Section 31(b) above as to the payment schedule, and the terms and conditions of this Agreement as to other provisions other than scheduled deliv (June 15th, 2000)
Chiles Offshore Llc – ------------------------------------------------------------- ----------------------------------------------------------- 25. BANK GUARANTEE/BOND (SUM AND PLACE) (OPTIONAL): 26. MORTGAGE(S), IF ANY, (STATE WHETHER Cl. 8 APPLIES) (Cl. 8): Not Applicable Clause 8 applies ------------------------------------------------------------- ----------------------------------------------------------- 27. INSURANCE (MARINE AND WAR RISKS) (STATE VALUE ACC. 28. ADDITIONAL INSURANCE COVER, IF ANY, FOR OWNERS' TO Cl. 9(f): ACCOUNT LIMITED TO (Cl. 8(f)): USD105,000,000, Clause 9 applies No Dollar Limit -------- (June 15th, 2000)