Prospector Offshore Drilling S.A. is a high specification jack-up drilling contractor. Prospector currently has two rigs within its fleet and contracts in place for the design, construction and delivery of an additional three JU2000E high specification, harsh environment ("HS/HE") jack-up drilling rigs. Prospector also has an option agreement for the construction of an additional rig of the same design. Upon deployment, Prospector will have the newest fleet of HS/HE jack-ups in the world, operating with the most advanced drilling systems, under a proven management team.