Paragon Offshore Leasing (Switzerland) GmbH

The purpose of the company is the acquisition and operation of offshore drilling platforms as well as financing of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and acquire, hold, manage, encumber, utilize and sell real estate and intellectual property rights in Switzerland and abroad. Furthermore, the company may carry out all commercial, financial and other activities and perform legal transactions that appear suitable to promote the purpose of the company or are related thereto, in particular provide services to affiliated and other companies, grant financing, provide securities of all kinds or otherwise secure or guarantee obligations of these companies.