Health, Safety and Environment (HSE)
Policy Statement

Premium Drilling values the health and safety of all people as the primary driver in our day to day
activities. The long-term success of Premium depends on our ability to proactively manage the health,
safety and environmental (HSE) aspects of our business while setting objectives and target for
improvement. Everyone associated with Premium’s operations is not only empowered, but obligated to
stop a job that places the health and safety of people at risk.

All management and personnel of Premium are committed to:

• Facilitating an environment where the health and safety of people and protection of the environment
  are valued as the moral compass of the organization
• Maintaining an organizational culture that respects everyone’s individual contribution towards our goal
  of continuous improvement
• Developing the competence of people as our greatest asset to achieving success
• Maintaining respectful compliance of all applicable international laws and where possible
  implementing best practice to go above and beyond regulation
• Preventing pollution and as reasonably practical, minimizing Premium’s footprint on the environment
  through efforts such as waste minimization, emission reduction and broad environmental awareness
• Ensuring integrity of Premium’s assets through professional operations and sound maintenance
  practices
• Identifying operational hazards and managing the risks to a level that ensures integrity of the
  operation and safety of people
• Investigation of all incidents and non-conformance identified during the course of audits and
  inspections of the workplace.

We are committed to the proactive management of health, safety and environment aspects throughout
our integrated management system. This policy and the entire management system of Premium will be
regularly reviewed for suitability and effective implementation. I encourage everyone reading this policy
to join the Premium Team in our commitment to health, safety and environment.

Robert W. Rose President and Chief Executive Officer