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BARDEX TO SUPPLY HYDRAULIC POWER UNITS FOR PEREGRINO FIELD DEVELOPMENT OFFSHORE BRAZIL
GOLETA, California, U.S.A., June 23, 2008

Bardex Corporation, Goleta, California, is finalizing the preparation of two central hydraulic power units destined for the Peregrino field development offshore Brazil. Peregrino will be developed from two drilling/wellhead fixed platforms. The HPU’s that Bardex is supplying are each enclosed and comprise 400 gallon reservoirs, three 100 hp electric motor-driven pumps designed for redundant operation to provide an assured supply of 45 gallons/minute per pump and up to 3,000 psi working pressure for all of the drilling rig's hydraulic users plus there is an auxiliary circuit which can provide 5,000 psi at a reduced flow rate. Additional pumps are provided for circulating through the seawater-cooled heat exchanger. The equipment is awaiting shipment after successfully completing factory acceptance testing.

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