DONGYING FUTE PETROLEUM EQUIPMENT CO.

,LTD
Add: No.1 Dongsi Road, Dongying City, Shandong, China
OFFER SHEET

OFFER NO: 000728/IND/CN Date: November 10th , 2023

Subject: Quotation for 1500 HP Electric Drilling Rig with Top Drive

To:
North Star Holdings Corporation
4th Tekko Build. Marunouchi,
Chiyoda-my, Tokyo 100-0005

Dear Sir,

We like to Sale Offer for :

Unit price
NO. Description Unit Qty. Total price (USD)
(USD)

Supply of stock 1500 HP Electric Drilling Rig Set 1 20,273,200 20,273,200

1 Package, complete with mast, substructure, all
drilling equipment and 500 Ton Top Drive TDS-
11SA (or equivalent in same capacity) *

*The complete spesification unit set has

conform to the Appendix Specification.

2 Sea Freight TianjinPort – Tripoli Port Set 2 392,700 392,700

Total 20, 664,900

Note:
Price adjusted according to the 1500 HP Drilling Rig standard equipment as per Specification, any change or modified
on our equipment list, will increase of addeting price.

Conditions:
1. Validity of quotation: 3 (three) weeks, Subject Prior to Sale.
2. Payment term: down payment 30% by TT; full payment 70% by L/C, cleared before Shipping by Copy of B/L
3. Delivery term: Tripoli Port, Libya.
4. Delivery time: 160 days.
5. Packing: shipping export packing.
6. Warrantee: 12 months after the goods received
7. Support Engineer : 2 person in 6 Month Per Rig, during Operation (Site Accomodation by Clent).
8. Inspection Rig Unit : Max 4 Person from Client (China Mainland Accomodation facility by Principal).

Yours sincerely
Robin Sun

Booking Fee Payment to:

Name ：Dongying Fute Petroleum Equipment Co.,Ltd
Account Number（账号）：8121 6091 4621 2001 32
Beneficiary’s Bank（收款行）： DONGYING BANK CO., LTD, SWIFT BIC: DYSHCNBJ
ADD：NO.87-1,FUQIAN STREET,DONGYING DISTRICT, DONGYING, SHANDONG, CHINA
Intermediary Bank: HABIB AMERICAN BANK NEW YORK,NY US, SWIFT BIC: HANYUS33XXX