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Cary A. Moomjian

Drilling & Oil Service Contract Expert President, CAM Oilserv Advisors LLC

Biography

Cary Moomjian spent 35 years as a Senior Drilling Industry Executive. He has expertise in legal, contractual, commercial and risk management activities, including drafting and negotiating drilling contracts, joint venture relationships and shipyard rig construction projects in over 40 countries. Mr. Moomjian has substantial experience in drilling contract preparation, qualification and negotiation as well as dispute resolution and crisis management. He remains active in the industry and currently serves on the Board of Directors of a major global drilling and oil service company.

Mr. Moomjian is well-known throughout the drilling industry and, to quote IADC’s Drilling Contractor magazine, is “widely regarded as one of the industry’s foremost experts on drilling contracts.” Mr. Moomjian is the world’s most prolific author of papers and articles on the subject of drilling contracts. He chaired the IADC Contracts Committee for over a decade, served three terms on the IADC Executive Committee and was the recipient of the prestigious IADC Contractor of the Year award in 1996. A frequent lecturer at IADC, SPE and other industry events, Mr.Moomjian has participated in every IADC Contract and Risk Management Conference and has been selected to present seven papers on drilling contracts at SPE-IADC Drilling Conferences between 1989 and 2014.

Frequently quoted in industry publications (e.g. Profile in January-February 2011 Drilling Contractor magazine and an article on the impact of the Macondo well disaster published in September-October 2014 Drilling Contractor magazine), Mr. Moomjian has prepared numerous papers and articles for various industry conferences and publications. His authoritative publications have been cited scholarly papers,court decisions in the U.S and the UK, and litigants’ briefs (including an amici curiae brief submitted to the US. Supreme Court in August 2013).

Throughout his distinguished career, Mr. Moomjian has participated in virtually all facets of drilling contracts addressing U.S. and international operations involving drill ships, semi-submersibles, jackups, drilling barges, tender, platform, and land rigs. His experience includes traditional daywork, variable rate, footage, turnkey and various other forms of incentive contracts, as well as strategic alliances, rig sharing and oilfield service agreements.

After having served as Senior Vice President of Contracts Administration and Business Development of Santa Fe Drilling Company and as Vice President, General Counsel and Secretary of Santa Fe International Corporation and Ensco plc, Mr.Moomjian founded CAM OilServ Advisors LLC in 2012. Mr. Moomjian’s company provides general consulting, advisory, training, expert witness, mediation and (by arrangement with Cary A. Moomjian, Jr. PC) legal services to the oil service industry and oil & gas companies. Additional information is available at www/camoilserv.com

Mr. Moomjian currently serves as a member of the Board of Directors of Ensign Energy Services Inc.



Achievement

Summary of his professional achievement:

Mr. Moomjian is the world’s most prolific author of papers and articles on the subject of drilling contracts. He chaired the IADC Contracts Committee for over a decade, served three terms on the IADC Executive Committee and was the recipient of the prestigious IADC Contractor of the Year award in 1996. A frequent lecturer at IADC, SPE and other industry events, Mr. Moomjian has participated in every IADC Contract and Risk Management Conference and has been selected to present seven papers on drilling contracts at SPE-IADC Drilling Conferences between 1989 and 2014.