PROGRESSIVE SYSTEMS AND ENGINEERING PTE LTD

Blk 1008 Eunos Ave 7 #01-05 Singapore 409579

Tel : 67452619 Fax : 67466453 Email : sales@psepl.com.sg

19th January 2015

To: OIM PETRO-VIETNAM DRILLING II
Attention: Mr Chad Button

Thank you for your enquiry. We are pleased to quote as below:-

RE: B299 PV DRILLING VIETNAM (RIG 2)

Trip Tank & Mud Return Line

Item Sys SCH Description Qty

1 P116 150# CMO Knife Gate VA 150 PSIG CI body A126 Cl. B
SS316 Gate & Stem
Metal Seat c/w Double Acting Pneumatic Actuator
c/w Silver Bullet
c/w Limit Switch Explosion-proof (suitable for Zone 1 area)
c/w Norgren 5/2 way Solenoid Valve exp-proof
(suitable for Zone 1 area)

Size:
8" 1
16" 1

2 Control Panel for the above-mentioned valves 1 lot

- Control Valve Cabinet CS material wall mounted
- Valves selector switch for Open - Close operation (2 Nos.)
- Valve indication for Open - Close with 2 lights (4 Nos.)
- Electrical termination for individual valve and feedback
- Dimension: 300mm x 300mm x 200mm
- Material of Control Panel : Steel
(Location: Driller Cabin)

Total Value for above package: US$ 18,907.00

Delivery: 16 weeks upon order confirmation.

The above is quoted in US$, ex-work Singapore.

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