COMPANY PROFILE MOVINCE NIGERIA LIMITED.

COMPANY PROFILE

MOVINCE NIGERIA LIMITED.

MOVINCE NIGERIA LTD1#4 MANGROVE LANE, WOJI. PORT HARCOURTRIVERS STATENIGERIATEL: 08037512507, 08032556282,Email: info@movincenigerialtd.comwww.movincenigerialtd.com

COMPANY DOCUMENTSMOVINCE NIGERIA LTD2

2MOVINCE NIGERIA LTD, has a solid capital base and impressive facility opportunities from our bankers listed below.

We maintain accounts with the under listed bankers:

BANKERS:

1.FIRST BANKArtillery branch,Port HarcourtRivers State

2.AFRIBANK NIG PLCPort-Harcourt Main Branch,Port Harcourt.Rivers State.

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34INTRODUCTION MOVINCE NIGERIA LTD, is a wholly indigenous company, duly registered under the laws of the Federal Republic of Nigeria in the corporate affairs commission.This company was registered in 2009 and she has her corporate head quarters at 4 Mangrove lane Woji, Port Harcourt, River State, Nigeria.

MOVINCE NIGERIA LTD, is incorporated to provide services in the following areas:Import and export of general goodsCivil ConstructionGeneral ProcurementLogistics Services; Haulage on Land and seaShip managers/Operators/Crewing/Brokers.Petroleum Marketing.Dredging.Maintenance of Offshore installation MOVINCE NIGERIA LTDs Management team is made up of highly dynamic and upwardly mobile and experienced professionals. The Board comprises of Engineers that are extremely competent and adequately certificated, who have come together to further the course of Engineering and service delivery. [MUNACHISO CHUKWUCEO

4MOVINCE NIGERIA LTD5OUR STRENGTHOur strength lies in the foundation laid by the wealth of experience of our board members who have been practicing for upwards of seventeen (17) years.We have successfully built a team of capable project managers, Engineers and administrators, backed by an experienced management.As a new generation company, we are able to benefit from all the experiences learnt in the industry over the past several years. In the light of the above, we are able to handle a wide range of jobs/vessels and situations in the most efficient way.

CORPORATE MISSION

Prompt service delivery and optimum customer satisfaction. And strongly believing that nothing is impossible to achieve.

OUR CORE VALUES

Safe, Reliable, Accident-free OperationsImprove Employee and Contractor Safety PerformancePromote Sustainable Community DevelopmentEffective Stakeholders Relationship Commitment to Employee Career DevelopmentWorld Class Capability in Operational Excellence and Capital Stewardship.

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CORPORATE SOCIAL RESPONSIBILITY

A company is not an island, it is part of society and the work people do there affects their environment.Corporate Social Responsibility is all about being a GOOD CITIZEN. Steam-Anchor Nig. Ltd wants to be a good citizen, operating sensibly and reliably with respect for its surroundings and Host Communities. The main ingredients of corporate social responsibility are quality, working conditions, safety at work and care for the environment.QualityWorking ConditionsSafety at workSustainability.In the pursuit of PROFIT, Steam-Anchor Nig. Ltd is always conscious of the effect of its activities on the environment(Planet) and attention to the needs of its internal and external stakeholders(people).In the conviction that a healthy balance between people, profit, and planet produce better results for Steam-Anchor Nig. Ltd and for society in general, we strive for harmony between these interests. 6COMPANY ORGANOGRAM

FIN. CONTROLLERPER/ADMIN. MGR.MGT. ACCOUNTANTED. OPERATIONSA/CS. SUPR.A/CS. CLERKCASHIERED. BUS. DEVCASHES MGR.CEO/BOARD

MD

COMPANY SEC. LEGAL ADVISER

SALES MGR.MRTG. MGR.SALES/MKT SUPR.W/SHOP MGR.

OPS. MGR.

LOG./PROC. MGR.PROC/STORE SUPR.

LOG. SUPR.STORE KEEPERW/SHOP SUPRsTECHNIC-IANSSAFETY OFF.CLOsQA/QC OFF.

ENV. OFFICERSMAR. SUPT.VESSEL CREWPROTOCOL OFF.DRIVERSEXE. ASST.

OFFICE ASST. MOVINCE NIGERIA LTD7

7WORK EXPERIENCE / JOBS DONE

Being a newly incorporated company, our corporate experience is absolutely anchored on the individual experiences of our Directors and Management team.

Given their seasoned nature in all fields especially offshore construction and maintenance, leasing operations, ship brokerages, surveys, dredging and management, we are most confident to deliver promptly and precisely to our customer/clients always.

HIRE OF 106 MAN WORKBARGE AND 90 TONNE BOLLARD PULL AHT FOR SCHLUMBERGER FOR 1YR AT UKPOKITI FIELD(APRIL 2007-MARCH 2008)HIRE OF 3200 BHP,OFFSHORE SUPPLY VESSEL(OSV) TO SELLYFAK ENERGY/EXXON MOBIL , FOR 3MTHS. (APRIL-JUNE 2009). LAND RECLAMATION AT OGOBOLO IN RIVERS STATE FROM AUGUST 2010-JUNE 2011MOVINCE NIGERIA LTD8

NAMEPOSITION RESPONSIBILITYQUALIFICATIONWORKING EXPERIENCENATIONALITYSTEPHEN ASIYAIMD HND, PGD. MARINE ENGRG17 YEARSNIGERIANCHUKWUKA DIKEEXEC.DIRECTOR OPSB. Eng. M. Eng17 YEARSNIGERIAN

UCHENNA DUAKADIRECTOR HND, PGD .MAR. ENGRG. MARINE & EQUIP. SURVEYOR17 YEARSNIGERIAN

OLUGBENGA ABIONABUS. DEV. MRG.BSC. COMPUTER SCIENCE. MBA. BUS ADMIN12 YEARSNIGERIAN

JOHN ABEREOPS. MGR.HND. WELDING TECH.7 YEARSNIGERIAN

GEORGE ADUKWUPERSONNEL ADMIN MGR.BSC. ECONOMICS, MSC. PET ECONS9 YEARSNIGERIAN

MARTYNS EMESILICASHES MGR.HND. BANKING AND FINANCE, ADV. DIP. NISP10 YEARSNIGERIAN

NWAGBOSO I.KDREDGING SUPERINTENDENTB.ENG. CIVIL ENGRG.8 YEARSNIGERIAN

UGOJI. ECHIEF SURVEYORM.SC HYDROGRAPHIC SURVEYS20 YEARSNIGERIAN

ETEKE WILSON ONOJAED. FIN/ADMINBSC (HONS) ECONOMICS10 YEARSNIGERIANENIITAN F. AKINGBESOTEED. BUS DEV.HND MARKETING10 YEARSNIGERIAN

KEY PERSONNEL

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EQUIPMENT OWNED / OPERATEDMOVINCE NIGERIA LTD10S/NNAMEDESCRIPTIONSTATUS1.MV. CALABAR CARRIER110 UTILITY VESSELOPERATED2.HB EO-II40 MAN HOUSE BOATOPERATED3.HB EO-VI30 MAN HOUSEBOATOPERATED4.MV. BROWNSTARR110 FCSV (FAST CREW/SURVEILLANCE VESSEL)OWNED5.MV. CAMERON165 OSV (OFFSHORE SUPPLY VESSEL)OPERATED6.MV. BROWNTIGER110 UTILITY VESSELOWNED7.STEAM DOZERD6H SWAMP DOZEROPERATED8.STEAM DREDGE 1ELLICOTT 1870 CUTTER SUCTION DREDGEROPERATED

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M.V. CALABAR CARRIEROFFSHORE PATROL VESSEL

PRINCIPAL DIMENSIONS11X26 X12BUILDER1981, Pass Chds an ShipbuildingCLEAR CARGO DECK BEHIND CABIN60 X 28MAIN PROPULSION16 V 92 Twin ScrewMAXIMUM HORSEPOWER2,500 S.H.P.REDUCTION GEARTwin Disc 520SPEED14 knotFIRE PUMPHale G.P.M. 800GENERATOR(2) 40 KW w/4-71 GMSWATER CAPACITY25,961 US GallonsFUEL CAPACITY30,797 US GallonsREFRIGERATIONWalk-in Cooler & Walk in FreezerELECTRONICSSitex, SSB and VHF, Digital Depth indicatorACCOMMODATIONS(12) Bunks, (2) Showers, (2) Heads, (30) SeatsLIFE SAVING EQUIPMENT PUMPS (2) 12man rafts (4) 30 Ring Buoys, (20) Life J.3 Barnes Pmp on Fuel, and 3 Barnes Pump on waterCOAST GUARD APPROVEDU.S.C.G. Approved for 36 personsMOVINCE NIGERIA LTD12

NAME:EO - VIPERSONS:20 PERSONS TYPE:SINGLE DECKHULL:STEEL & ALUMINUM

LOWER DECK9 LIVING ROOMS AT TWO PERSONS PER ROOM2 EXECUTIVE ROOMS EN-SUITERECREATION ROOM WITH TELEVISION & VIDEODINNING ROOM - MESSKITCHEN WITH FREEZERS, ELECTRIC BURNER, E.T.CLAUNDRY ROOMMEDICAL ROOM STORE ROOM FOR FOODSTUFFS PUMP ROOM FOR WATER(FRESH & SALT WATER)AUTOMATIC SEWAGE SYSTEM

ACCESSORIES*30 LIFE JACKETS*10 LIFE BUOYS * FIRE ALARM * SMOKE DETECTOR* ALL DOOR OPEN INWARDS(EMERGENCY EVACUATION VERY EFFICIENT)* WASHING MACHINE * DRYING MACHINE* MEDICAL ROOM* 2 X 60KVA SOUND PROOF GENERATORS* GENERATOR & MUSTER BARGE

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13PRINCIPAL DIMENSIONS11X26 X12BUILDER1981, Pass Chds an ShipbuildingCLEAR CARGO DECK BEHIND CABIN60 X 28MAIN PROPULSION16 V 92 Twin ScrewMAXIMUM HORSEPOWER2,500 S.H.P.REDUCTION GEARTwin Disc 520SPEED14 knotFIRE PUMPHale G.P.M. 800GENERATOR(2) 40 KW w/4-71 GMSWATER CAPACITY25,961 US GallonsFUEL CAPACITY30,797 US GallonsREFRIGERATIONWalk-in Cooler & Walk in FreezerELECTRONICSSitex, SSB and VHF, Digital Depth indicatorACCOMMODATIONS(12) Bunks, (2) Showers, (2) Heads, (30) SeatsLIFE SAVING EQUIPMENT PUMPS (2) 12man rafts (4) 30 Ring Buoys, (20) Life J.3 Barnes Pmp on Fuel, and 3 Barnes Pump on waterCOAST GUARD APPROVEDU.S.C.G. Approved for 36 personsM.V. BONNY CARRIEROFFSHORE PATROL VESSEL

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EO.IIMOVINCE NIGERIA LTD15

15NAME: EO-IIPERSONS:4O PERSONS TYPE:DOUBLE DECKHULL:STEEL

A.LOWER DECK4 LIVING ROOMS AT 4 PERSONS PER ROOM1 EXECUTIVE ROOM (EN SUIT)DINNING ROOM - MESSKITCHEN WITH FREEZERS, ELECTRIC BURNER, E.T.CLAUNDRY ROOMMEDICAL ROOM STORE ROOM FOR FOODSTUFFS PUMP ROOM FOR WATER(FRESH & SALT WATER)AUTOMATIC SEWAGE SYSTEM

B.UPPER DECK2 EXECUTIVE ROOMS (EN SUITE)6 LIVING ROOMS AT 4 PERSONS PER ROOM WITH SEPARATE TOILETS & BATHSALL ROOMS WITH BRAND NEW AIR CONDITIONERS.

C.ACCESSORIES45 LIFE JACKETS16 LIFE BUOYS FIRE ALARM SMOKE DETETORSTAIRCASE AT EACH END AND A WALKWAY ROUND THE BOAT AT THE LOWER & UPPER DECK.ALL DOOR OPEN INWARDS (EMERGENCY EVACUATION VERY EFFICIENT)WASHING MACHINE DRYING MACHINE2 X 60KVA SOUND PROOF GENERATORSGENERATOR & MUSTER BARGEMOVINCE NIGERIA LTD16

EO.VIMOVINCE NIGERIA LTD17

WANNY STEPHMOVINCE NIGERIA LTD18

MAIN PARTICULARSLENGTH OVERALLLENGTH BPBEAMDEPTHLIGHT DRAFTLOADED DRAFTSUMMER FREEBOARDLIGHTSHIP

CAPACITIES:FUELDRILL WATERPOTABLE WATERDEADWEIGHT

DISCHARGE RATESFUELDRILL WATERPOTABLE WATER

CARGO DECK:TONNAGESTRENGTHLENGTHWIDTHCLEAR AREA

ACCOMMODATION:CABINS/BERTHSOFFICERSCREWVIPPASSENGERS/SEATINGSEATS

TONNAGE:GRTNRT 110ft 34 m110ft 34m25ft 8m9ft 3m4ft 1m7ft 2m7ft 2m65LT 66MT

6,200USG 23cu.m6,200USG 23cu.m6,700USG 25cu.m71LT 71MT GPM @ FT CU.M/HR @ M 80 100 18 30 80 100 18 30 600 130 136 40

40LT 41MTLT./sg.ft MT./M262ft 19m22ft 7m1,364 sq.ft 127 sq.m

3/621N/A 60 Bench ClassLOUNGE N/A MESS 6

USA ITC99 tons 46 tons67 tons 46 tonsELECTRONICS AND CONTROLS:DEPTH RECORDERGMDSSGPSRADARVHFSSBINTERNET E-MAIL

MACHINERY:MAIN ENGINESBRAKE HORSEPOWERREDUCTION GEARSGEAR RATIORUDDERS PROPELLERSPROPELLERSAUXILIARY GENERATOR(S) BOW THRUSTERFUEL-OIL PURIFIER

SPECIAL EQUIPMENT:EXTERNAL FIFINUMBER OF MONITORS

PERFORMANCE:MAXIMUM SPEEDCRUISING SPEEDMAXIMUM FUEL CONSUMPTIONCRUISING FUEL CONSUMPTIONDOCUMENTATION:CLASSFLAGCALL SIGNUSCGYEAR BUILTREBUILTOFFICIAL NUMBER PORT OF REGISTRYIMO NO.DATA MARINE DIGITALN/AGARMIN 210FURUNO21GLOBE WIRELESS

4 DETROIT DIESEL 12V 71 TI2100TWIN DISC 5142.5:1236 X 362 @ 30KWN/AN/A

900 GPM1

18knots16knots9 cu.m/day7 cu.m/day

N/ANIGERIA5NIQ2SUBCHAPTER T19892001377506LAGOS237MOVINCE NIGERIA LTD19

M.V. CAMERON

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RINCIPLE DIMENSIONSLength BeamDepthMaximum DraftDeck Area

CAPACITIESDry BulkPotable WaterFuelDeck CargoMaximum DeadweightCargo Fuel TransferCargo Water TransferLiquid mud 2 TanksMACHINERYMain EnginesMaximum BHPGeneratorsReduction GearsPropulsion Bow ThrusterPERFORMANCE Maximum SpeedMaximum Fuel BurnEnduranceRangeService SpeedEconomical Fuel BurnEnduranceRange CLASSIFICATIONClass USCG Sub 1, OSV, ABS + A1 AMSBuilt atYear BuiltOfficial No.Call SignFlagNRT National GRT IMO NO.ACCOMMODATIONS AND FEATURESAir conditioned accommodations for up to 15 person including crew, with a maximum of 0 passengers. Pilothouse equipped with dual fwd and Aft control consoles. Full engine alarm/control panels.Marine Radar, SSB, VHF, GPS, Loran, Navtex and Depth sounder. 166.0ft38.0ft13.0ft11.0ft110 x 30.0ft

4 Tanks 3000cu.ft.49,056 galls38,000 galls575 tons656 tons440 gpm @ 200 ft.440 gpm @ 200 ft.1,850 bbls

2) GM 16V 149(3200) at 1200 RPM(2) GM 6-71/75Kw/60HzReintjes(2) Fixed Pitch open Propellers300HP

12.0 kts96 gph. 7.3 tpd16.5 days4,750 miles10.8 kts77 gph. 5.9 tpd20.6 days20.7 5,344 miles

Halter Marine Inc.19813775055NIQNigeria268165802473950.6mtr11.6mtr4.0mtr3.4mtr33.5 x 9.1mtr

185 c.m144 c.m

60.mt60.mt MOVINCE NIGERIA LTD21

DRY PLANTS-D6H SWAMP DOZER

22MOVINCE NIGERIA LTD

ELLICOTT 1870 CUTTER SUCTION DREDGER & DUMP SITE--OX-BOW LAKE,YENAGOA.

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DREDGER SPECIFICATIONGENERAL PURPOSE MODEL 0187D2018050H HULL:Length, feet (m))82(25)Width, feet (m))27(8.23)Depth, feet (m))6(1.83)Weight, approximate pounds includingDeckhouse (kg)170,000(77,100)Shell plate thickness, inches (mm) min.5/16(7.9)Basic frame spacing, feet (m)4(1.22) PRIME MOVERS:Dredge pump engine (CAT 3512)Continuous @ 1600 RPM SHP (kw)1280(955)Auxiliary engine (CAT 3408)Intermittent @ 1800 RPM SHP (kw)475(354)Total connected SHP (kw)1755(1309) CUTTER-BASKET TYPE: (Pinned Tooth)Shaft horsepower (kw)250(186)Speed range, RAM36, 27 & 18Cutting force:Total pounds (kg)14,900 (6759)Pounds per linear inch (kg/cm)400(71)Head mean diameter, inches (mm)54Number of blades6Shaft diameter, inches (mm)5.875(149.2) Number of motors1Head weight, pounds2,700(1225) SWING WINCH: (TWO)Shaft horsepower (kw)60(45)Line speed ft/min (m/min))on second88(27)Line pull pounds (kg))layer21,000 (9525)Wire size inches (mm)3/4(19)Drum capacities feet of wire (m)450(137.2)MOVINCE NIGERIA LTD24

LADDER HOIST WINCH:Shaft horsepower (kw)102(76)Line speed ft/min (m/min)on second100(30.5)Line pull pounds (kg))layer25,500(11,566)- (max. m/min.)46.0(14.0)Wire size inches (mm)7/8(22)SPUD WINCHES: (Two)Shaft horsepower (kw)30(22.4)Line speed ft/min (m/min)on second26(7.9)Line pull pounds (kg)layer30,000(13,600)Wire size inches (mm)1(25.4)GENERAL:Mean draft operating condition- approximate ft. (m)4(1.22)Digging depth, feet (m)50(15.2)Fuel oil tank capacityGallons (liters)7,900(29,900)Suction PipeI.D. inches (mm)20(508)O.D. inches (mm)20-3/4(527)Discharge PipeI.D. inches (mm)18(457.2)O.D. inches (mm)18-3/4(476.3)Ladder length, feet approximateWEIGHTS, POUNDS (Approximate) (KG):Total assembly dry weight410,000 (186,000)Center tank (without main machinery)78,000(35,000)Ladder49,700(22,545)Spuds (each)14,400(6530)Control room3,700(1,678)Dredge pump casing7,800(3,538)Dredge pump engine, including clutch17, 400(7900)Dredge pump reduction gear8,100(3,674)

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PIPE LINE TO SAND FIELD

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