CORRECTION

CORRECTION (1) In our last edition we wrote a story entitled, 'MG Hulme Jr.

triggers tender speculation,' in which we mistakenly wrote that, '…Transocean rig MG Hulme Jr sailed out of Indian waters on May 29 to Singapore for routine maintenance …' Kakinada Marine & Offshore Complex tells us MG Hulme has not sailed to Singapore but is still in Indian waters undergoing repairs at its Kakinada shipyard. Our response is that Transocean-owned MG Hulme was scheduled to sail to Singapore for routine maintenance and repair but that at the last minute Transocean decided to send it instead to KMOC for some minor work.

From the KMOC yard MG Hulme will sail to Singapore for remaining work to be done and is expected to remain there till July this year. Still unclear is now long MJ Hulme will remain in Kakinada before sailing to Singapore.

Error regretted. Editor CORRECTION (2) In our last edition we wrote a story entitled, 'Jay Polychem faces Quippo in court' in which we mistakenly attributed quotes attributed to Quippo company sources.

Quippo has objected to this item, saying none of its company employees spoke to Petrowatch about this story and Petrowatch accepts this to be the case. Jay Polychem also voices strong objection to information published in the same article, specifically with regard to two wells drilled at CB-ONN-2009/8 and comments about the company's financial position, which it says are untrue.

Petrowatch takes full responsibility for all information it publishes and any factual errors in the aforementioned article are regretted. Editor Complaints about inaccuracies in all sections of PETROWATCH, including online, should be addressed to editor@petrowatch.com or The Editor, Petrowatch, Ashoka Estate (11th Flr), 24 Barakhamba Road, Delhi 110 001

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