AWO Prospectus PETROJACK offer - COSL Drilling Europe AS

Important information
This Offer Document has has been prepared in connection with the Offer by Awilco Offshore ASA
to acquire all outstanding shares in Petrojack ASA and the issuance of the Consideration Shares (as
defined and described herein). The Offer Document has been prepared to comply with the
requirements of the Norwegian Securities Trading Act and Stock Exchange Regulations. The Offer
Document has been reviewed by the Oslo Stock Exchange pursuant to sections 4-18 cfr 4-14 and 5-
7 of the Securities Trading Act.
The information contained herein is as of the date hereof and is subject to change, completion and
amendment without notice. There may have been changes in matters affecting the Offeror
subsequent to the date of this Offer Document. Any new material information that might have an
effect on the assessment of the Consideration Shares arising after the publication of this Offer
Document and before the completion of the Offer will be published as a supplement to this Offer
Document in accordance with applicable regulations in Norway, cf. section 14-6 of the Stock
Exchange Regulations. The delivery of this Offer Document shall under no circumstances create
any implication that the information contained herein is complete or correct as of any time
subsequent to the date hereof.
This Offer Document does not constitute an offer to sell, or a solicitation of an offer to buy any of
the securities offered hereby, by or on behalf of the Offeror, the Manager, any of their respective
affiliates or any other person in any jurisdiction in which it is unlawful for any person to make such
an offer or solicitation. The distribution of this Offer Document and the offering or sale of the
Consideration Shares may be restricted by law in certain jurisdictions. Person into whose
possession this Offer Document may come are required by the Offeror and the Manager to inform
themselves about and to observe any such restrictions. This Offer Documents may not be used for,
or in connection with any offer to, or solicitation by, anyone in any jurisdiction under any
circumstances in which such offer or solicitation is not authorized or is unlawful.
The Offer described in this Offer Document will not be made directly or indirectly in the United
States, Canada, Australia or Japan, and this Offer Document may not be distributed in or sent to the
United States, Canada, Australia or Japan.
This Offer Document and the shares issued hereby have not been nor will be registered under the
U.S. Securities Act of 1933, as amended (the “Securities Act”) or any state securities laws. The
shares will not be offered or sold to U.S. persons (as defined in Regulation S under the Securities
Act), unless the Offeror determines in its sole discretion that it may do so under an applicable
exemption from the registration requirements of the Securities Act and relevant state securities law.
Certain statements made in this Offer Document may include forward-looking statements. These
statements relate to the Offeror’s expectations, beliefs, intentions or strategies regarding the future.
These statements may be identified by the use of words like “anticipate”, “believe”, “estimate”,
“expect”, “intend”, “may”, “plan”, “project”, “will”, “should”, “seek”, and similar expressions.
The forward-looking statements reflect the Offeror’s current views and assumptions with respect to
future events and are subject to risks and uncertainties. Actual and future results and trends could
differ materially from those set forth in such statements.
All inquiries relating to this Offer Document or the matters addressed herein should be
directed to the Offeror or the Manager. No persons other than those described in this Offer
Document have been authorized to disclose or disseminate information about this Offer
Document or about the matters addressed in this Offer Document. If given, such information
may not be relied upon as having been authorized by the Offeror.
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