Exhibit 99.1

United States Bankruptcy Court

Southern District of Texas

Corpus Christi Division


Case Name:	Seahawk Drilling Inc., Debtor in Possession	(1) (2) (3) (7)	Petition Date:	2/11/2011

Case Number:	11-20089

Monthly Operating Report Summary for Month - May / Year 2011


Description	Month 2/12/11 to 2/28/11			Month 3/31/2011			Month (6) 4/30/2011			Month 5/31/2011			Month 5
Revenues		4,231,305			9,355,194			8,216,364			—
Income Before Interest, Taxes, Depr., Amort.		(7,035,345	)		(2,797,229	)		55,046,945			10,536,106
Net Income (Loss)		(7,175,571	)		(3,617,185	)		54,718,912			10,294,856
Payments to Insiders		(1,969,502	)		(103,914	)		(161,708	)		(328,583	)
Payments to Professionals		—			(75,000	)		(3,932,727	)		(1,695,250	)

Total Disbursements		(14,207,890	)		(9,936,438	)		(30,251,975	)		(12,921,160	)


				Circle One
	Required Insurance Maintained As of Signature Date	Exp Date	Are all accounts receivable being collected within terms?	Yes No (4)
Casualty	Yes ( X ) No ( )	6/30/2011	Are all post-petition liabilities, including taxes, being paid within terms?	Yes No
Liability	Yes ( X ) No ( )	6/30/2011	Have any pre-petition liabilities been paid?	Yes No

Vehicle

Workers

Other

Yes ( X ) No ( )

6/30/2011

If so, describe:

Only as approved in 1st day order and interim DIP order; taxing authorities, insurance, employee benefits / expense reports, Natixis bank group


						Are all funds received being deposited into DIP bank accounts?				Yes No
						Were any assets disposed of outside the normal course of business?				Yes No


						If so, describe:		March: sale of Sonora assets; April: completed asset sale to Hercules (see footnote 6 below)


						Are all U.S. Trustee Quarterly Fee Payments current?				Yes No (5)

What is the status of your Plan of Reorganization?

Filed Friday, May 20, 2011. Disclosure statement hearing is on July 7, 2011.



Attorney Name	Berry D. Spears	I certify under penalty of perjury that the following complete Monthly Operating Report (MOR) is true and correct.
Firm Name	Fulbright & Jaworski L.L.P.	/s/ James R. Easter	Title	President and CEO
Address	1301 McKinney	(Original Signature)
	Suite 5100
City, State, ZIP	Houston, TX 77010	James R. Easter		7/8/2011
Telephone/Fax	713.651.5151	(Print Name of Signatory)		(Date)

(1)

The jointly administered Debtors are authorized to file monthly operating reports on a consolidated basis, and have disbursements broken down by case number on Exhibit A attached; the following entities are included in the joint administration: Seahawk Drilling, Inc., Seahawk Global Holdings, LLC, Seahawk Drilling Management, LLC, Seahawk Drilling, LLC, Seahawk Drilling USA, LLC, Seahawk Offshore Management, LLC, Energy Supply International, LLC, Seahawk Mexico Holdings, LLC.

(2)	By agreement with the US Trustee, the May MOR is to be filed by July 8, 2011.

(3)	Prepared according to GAAP, unless otherwise noted

(4)	Outstanding receivables were collected within the same time period consistent with our pre-filing experience. However, effective 4/27, all receivables were sold to Hercules Offshore, Inc., with the exception of those related to Great GulfCan.

(5)	Debtor believes as of July 7th, all payments are current and up to date

(6)	On April 27, 2011 the Debtors sold all drilling assets and related working capital assets to Hercules Offshore, Inc. under the court approved asset purchase agreement and received $25,000,012 cash and 22,321,425 shares of HERO stock. April period contains $59.2M gain resulting from the sale.

(7)	Effective in this MOR, the company has reclassified all rigs previously recorded as Assets Held for Sale to PP&E and reflected the change from the petition date.


Case Name:		Seahawk Drilling Inc., Et Al (4)


Case Number:		11-20089

Comparative Balance Sheets


Description	Filing Date*			Month 2/28/2011			Month 3/31/2011			Month (1) 4/30/2011			Month 5/31/2011			Month 5

ASSETS
Cash and Cash Equivalents	$	4,071,237		$	3,300,277		$	2,658,364		$	14,440,970		$	15,289,873
Trade Receivables, net		17,987,928			16,798,437			16,271,656			—			—
Inventory		—			—			—			—			—
Deferred Income Taxes		—			—			—			—			—
Due from Pride		1,440,670			1,440,670			1,440,670			1,440,670			1,440,670
Insurance Claims		2,072,172			1,922,467			1,925,741			1,927,134			1,642,337
Other Current Assets		7,346,857			6,774,007			2,513,034			1,673,079			1,626,739
ST Investments (3)		—			—			—			126,785,694			139,508,906
Assets Held for Sale		14,550,000			14,550,000			14,898,691			—			—

Total Current Assets		47,468,864			44,785,858			39,708,156			146,267,546			159,508,525

Property, Plant & Equipment (Net)		76,157,375			75,751,036			75,081,771			2,311,788			2,263,296

Other Long Term Assets		—			—			—			—			—
Deferred Cost - Long Term Portion		—			—			—			—			—
Goodwill		—			—			—			—			—

Total Other Long Term Assets		—			—			—			—			—


TOTAL ASSETS	$	123,626,240		$	120,536,894		$	114,789,927		$	148,579,334		$	161,771,820


LIABILITIES & SHAREHOLDERS EQUITY
Pre-petition Liabilities
Accounts Payable		12,660,585			9,756,143			9,440,014			425,129			399,567
Pride		17,181,355			17,224,790			17,224,790			17,224,790			17,224,790
Notes Payable - Secured		—			—			—			—			—
Priority Debt		—			—			—			—			—
Payoll Taxes		86,667			212,993			—			—			—
Unsecured Debt		—			—			—			—			—
Other		36,274,816			31,908,482			31,315,471			30,670,152			28,223,933

Total Pre-petition Liabilities		66,203,423			59,102,408			57,980,274			48,320,071			45,848,290
Post-petition Liabilities
Accounts Payable		—			358,387			748,671			641,622			1,857,556
Due to Pride		—			184,235			627,937			868,735			1,223,657
Accrued Expenses		—			7,103,468			8,568,763			9,550,416			4,865,407
Current Debt		17,900,000			20,726,911			18,114,402			5,750,000			14,250,000
Other Current Liabilities		—			701,772			0			0			0

Total Post-petition Liabilities		17,900,000			29,074,774			28,059,773			16,810,773			22,196,620

Total Current Liabilities		84,103,423			88,177,182			86,040,047			65,130,844			68,044,910

Pre-petition Long-Term Liabilities:
Long-Term Accruals and Provisions		2,119,421			2,128,165			2,144,110			2,123,809			2,139,239
Intercompany Accounts Payable (2)		359,108,881			359,112,603			359,104,011			359,104,011			359,072,145
Deferred Income Taxes - Long Term		—			—			—			—			—

Total Long Term Liabilities		361,228,302			361,240,768			361,248,121			361,227,819			361,211,384


TOTAL LIABILITIES		445,331,725			449,417,950			447,288,168			426,358,663			429,256,294

Total Shareholders Equity		(321,705,485	)		(328,881,056	)		(332,498,241	)		(277,779,330	)		(267,484,474	)


TOTAL LIABILITIES & SHAREHOLDERS EQUITY	$	123,626,240		$	120,536,894		$	114,789,927		$	148,579,334		$	161,771,820

*	Per Schedules and Statement of Affairs

(1)	April 22, 2011 was the claims bar date in the debtors cases, excluding governmental agencies. The debtors are now reconciling claims to those scheduled.

(2)	For non-governmental agnecies, claims bar date was April 22, 2011. Debtors expect to eliminate Intercompany payables. Will be reconciled and reported according to GAAP in subsequent months.

(3)	22.3 Million shares of Hercules stock at $5.68/share at market close on April 27, 2011. Stock was revalued in May at the May 31st closing price of $6.25/share.

(4)	Effective in this MOR, the company has reclassified all rigs previously recorded as Assets Held for Sale to PP&E and reflected the change from the petition date.


Case Name:		Seahawk Drilling Inc., Et Al (2)
Case Number:		11-20089

Schedule of Post-Petition Liabilities


Description	Month 2/12/11 to 2/28/11		Month 3/31/2011		Month 4/30/2011		Month 5/31/2011		Month

Pre-Petition Liabilities:
Trade accounts payable	$	9,756,143	$	9,440,014	$	425,129	$	399,567
Due to pride		17,224,790		17,224,790		17,224,790		17,224,790
Short-term debt - secured		—		—		—		—
Accrued expenses and other current liabilities
Contingency claims		11,561,084		11,734,606		11,734,606		11,618,831
Payroll and benefits		—		—		—		—
Accrued medical insurance		4,688,454		4,214,381		3,671,518		3,172,844
Payroll taxes		212,993		—		—		—
Other taxes		25,000		25,000		25,000		25,000
Deferred mobilization revenue		86,667		—		—		—
Customer advances		—		—		—		—
Accrued rent		667,257		667,257		667,257		667,257
Accrued professional fees		49,005		2,845		—		—
Other accrued expenses		14,831,015		14,671,381		14,571,771		12,740,000

Total accrued expenses and other current liabilities		32,121,475		31,315,471		30,670,152		28,223,933
Long-term accruals and provisions		2,128,165		2,144,110		2,123,809		2,139,239
Intercompany accounts payable (1)		359,112,603		359,104,011		359,104,011		359,072,145

Total Pre-Petition Liabilities		420,343,176		419,228,395		409,547,890		407,059,674

Post-Petition Liabilities:
Trade Accounts Payable		358,387		748,671		641,622		1,857,556
Due to Pride		184,235		627,937		868,735		1,223,657
Short-term debt		20,726,911		18,114,402		5,750,000		14,383,205
Accrued expenses and other current liabilities
Contingency claims		—		34,433		32,863		147,067
Payroll and benefits		630,030		998,717		842,918		64,235
Accrued medical insurance		—		—		—		—
Payroll taxes		567,905		659,101		795,854		720,169
Other taxes		95,911		120,911		295,911		295,911
Deferred mobilization revenue		256,806		—		—		—
Customer advances		358,300		—		—		—
Accrued rent		—		23,009		46,017		69,026
Accrued professional fees		1,053,705		1,141,301		2,760,036		1,028,539
Other accrued expenses		4,842,583		5,591,291		4,776,817		2,407,255

Total accrued expenses and other current liabilities		7,805,240		8,568,763		9,550,416		4,732,202
Long-term accruals and provisions		—		—		—		—
Intercompany accounts payable		—		—		—		—

Total Post-Petition Liabilities	$	29,074,774	$	28,059,773	$	16,810,773	$	22,196,621

(1)	Claims bar date was April 22, 2011 for non-governmental agencies. Expect to eliminate Intercompany payable. Will be reconciledand reported according to GAAP in subsequent months.

(2)	Effective in this MOR, the company has reclassified all rigs previously recorded as Assets Held for Sale to PP&E and reflected the change from the petition date.


Case Name:		Seahawk Drilling Inc., Et Al


Case Number:		11-20089

Aging of Post-Petition Liabilities as of May 31, 2011


Days	Total		Trade Accounts		Federal Taxes		State Taxes			Ad Valorem, Other Taxes
0-30		1,891,990		1,161,890		730,100		—			—
31-60		504,896		339,827		—		(9,931	)		175,000
61-90		347,600		307,600		—		—			40,000
91+		129,150		48,239		—		—			80,911

TOTAL SEAHAWK		2,873,636		1,857,556		730,100		(9,931	)		295,911

Aging of Accounts Receivable


Month	Month 2/28/2011			Month 3/31/2011			Month 4/30/2011		Month 5/31/2011		Month 5
0-30		13,302,498			12,019,703			—		—		—
31-60		3,249,761			4,349,870			—		—		—
61-90		292,314			3,001			—		—		—
91+		(46,136	)		(100,919	)		—		—		—

TOTAL SEAHAWK		16,798,437			16,271,656			—		—		—


Case Name:		Seahawk Drilling Inc., Et Al (3)
Case Number:		11-20089

Statement of Income (Loss)


Description	Month 2/12/11 to 2/28/11			Month 3/31/2011			Month (1) 4/30/2011			Month 5/31/2011			Month 5	Filing to Date

Operating Revenue		4,267,470			8,609,672			7,975,567			—				20,852,709
Mob/Demob/Reimbursable Revenue		(36,165	)		745,522			240,797			—				950,153

Total Revenues		4,231,305			9,355,194			8,216,364			—				21,802,863

Costs and Expenses
Operating Costs
Wages & Burden (2)		1,359,019			3,385,738			3,653,911			(333,236	)			8,065,433
Repairs & Maintenance / Supplies		337,772			620,916			473,727			—				1,432,414
Rental Expenses		168,731			(58,929	)		183,140			—				292,942
Other Operating Costs		738,915			1,217,365			2,306,847			—				4,263,126
Mob/Demob/Reimbursable Expense		253,764			561,216			(50,166	)		—				764,813
Other Direct Costs		619,881			2,760,362			136,664			35,766				3,552,673

Total Operating Costs		3,478,080			8,486,668			6,704,122			(297,470	)			18,371,401

Depreciation & Amortization		406,340			669,265			151,954			48,492				1,276,051
General & Administrative		7,261,188			2,616,530			5,626,770			2,175,843				17,680,331
(Gain) Loss on Sale of Fixed Assets		—			—			(59,233,909	)		29,800				(59,204,109	)
Impairment of Fixed Assets		—			—			(200,018	)		—				(200,018	)

Operating Income (Loss)		(6,914,303	)		(2,417,269	)		55,167,444			(1,956,665	)			43,879,207

Other Income (Expense)
Interest Income (Expense)		(131,481	)		(804,012	)		(312,603	)		(257,686	)			(1,505,782	)
Other Income (Expense)		(121,042	)		(379,960	)		(120,499	)		12,492,771				11,871,270

Income Before Income Taxes		(7,166,827	)		(3,601,240	)		54,734,342			10,278,420				54,244,695

Income Tax Expense (Benefit)		8,744			15,945			15,430			(16,435	)			23,684


Income (Loss) from Continuing Operations		(7,175,571	)		(3,617,185	)		54,718,912			10,294,856				54,221,012

(1)	On April 27, 2011 the Debtors sold all drilling assets and related working capital assets to Hercules Offshore, Inc. under the court approved asset purchase agreement and received $25,000,012 cash and 22,321,425 shares

(2)	Credit relates to payroll being overaccrued in April with the corrections flowing through in May

(3)	Effective in this MOR, the company has reclassified all rigs previously recorded as Assets Held for Sale to PP&E and reflected the change from the petition date.


Case Name:		Seahawk Drilling Inc., Et Al


Case Number:		11-20089

Statement of Cash Flows


Description	Month 2/12/11 to 2/28/11			Month 3/31/2011			Month 4/30/2011			Month 5/31/2011			Month 5

Beginning Cash Balance		4,071,237			3,300,277			2,658,364			14,440,970


Contract Drilling		6,035,902			9,180,203			10,852,454			4,952,768	(1)
Other		813,007			114,322			25,031,987			317,294

Total Cash Receipts		6,848,909			9,294,525			35,884,441			5,270,062			—

Operating Expenses		(1,022,663	)		(2,829,125	)		(2,791,900	)		(1,227,027	)
Payroll		(2,298,422	)		(4,030,567	)		(3,174,576	)		(1,190,403	)
Insurance		(3,520,032	)		—			—
AR Collections remitted to Hercules		—			—			—			(6,930,633	)
Ordinary Course Professionals		—			—			—
Rent		—			—			—
G&A and Other		—			—			—

Total Cash Disbursements		(6,841,117	)		(6,859,692	)		(5,966,476	)		(9,348,063	)		—

Net Cash Flow From Operations		7,792			2,434,833			29,917,965			(4,078,001	)		—

Restructuring Related
CIC and LTIP Payments		(2,305,217	)		—			(68,461	)		(1,877,846	)
Restructuring Professionals		—			(75,000	)		(3,932,727	)		(1,695,250	)
U.S. Trustee		—			—			—

Total Restructuring Related		(2,305,217	)		(75,000	)		(4,001,188	)		(3,573,096	)		—

Financing Fees
Natixis Facility Repayment		(17,900,000	)		—			—
DIP Fees		—			—			(1,577,465	)
DIP Interest		—			(389,237	)		(192,203	)
DIP Borrowings (Repayment) (2)		19,426,465			(2,612,509	)		(12,364,503	)		8,500,000

Total Financing Payments / Borrowing		1,526,465			(3,001,746	)		(14,134,171	)		8,500,000			—


Ending Cash Balance		3,300,277			2,658,364			14,440,970			15,289,873			—

(1)	Although all rig assets and accounts receivable have been sold, customers have continued to remit payment to Seahawk Drilling, Inc. The payments are subsequently forwarded to Hercules, who now own those receivables.

(2)	DE Shaw DIP loan was repaid ($18.1M) during April and received $5.8M under the new Hayman DIP agreement. Received an additional $8.5M in May from Hayman.


Case Name:		Seahawk Drilling Inc., Et Al
Case Number:		11-20089

Cash Account Reconciliation - Month of 5/1/11 - 5/31/11

Of the total disbursements shown for the month, list the amount paid to insiders (as defined in Section 101(31)(A)-(F) of the U.S. Bankruptcy Code) and the professionals. Also, for insiders, identify the type of compensation paid (e.g. salary, commission, bonus, etc.) (Attach additional pages as necessary).


Bank Name Account Number Account Type	30647841 SDI			Checking 38749957 SDI			38749965 SDI			30803656 SH Drlg LLC		Checkng 38751256 SH Drlg LLC			38751264 SH Drlg LLC		30648414 SH Drlg LLC		30806072 ESI		Checking 38803853 ESI
Bank Balance		7,806,374			0			0			0		0			0		0		0		0
Deposit in Transit		0			0			0			0		0			0		0		0		0
Outstanding Checks		0			(243,774	)		0			0		(56,220	)		0		0		0		(31,898	)
Adjustment Bank Balance		0			0			(2,500	)		0		0			0		0		0		(625	)
Beginning Cash - Per Books		7,806,374			(243,774	)		(2,500	)		0		(56,220	)		0		0		0		(32,523	)
Receipts*		5,270,062			0			0			0		0			0		0		0		0
Intercompany		0			0			0			0		0			0		0		0		0
Transfers Between Accounts		(4,383,564	)		1,076,627			0			0		178,804			0		0		0		31,898
— DIP Financing		8,500,000			0			0			0		0			0		0		0		0
— Checks / Other Disbursements		(7,551,056	)		(2,159,040	)		0			0		(124,536	)		0		0		0		0
— Adjustment		0			(9,693	)		2,500			0		0			0		0		0		625
Sub-Total Disbursements		948,944			(2,168,733	)		2,500			0		(124,536	)		0		0		0		625

Ending Cash - Per Books *		9,641,816			(1,335,880	)		0			0		(1,952	)		0		0		0		0


Bank Name Account Number Account Type	30765063 SDM			38751248 SDM		30806099 SDM			Checking 38803845 SDM			Encore 303093849 SH Mx Holdings		Encore 30327498 SDI			Total
Bank Balance		0			0		0			0			0		6,988,036			14,794,410
Deposit in Transit		0			0		0			0			0		0			0
Outstanding Checks		0			0		0			(18,423	)		0		0			(350,315	)
Adjustment Bank Balance		0			0		0			0			0		0			(3,125	)
Beginning Cash - Per Books		0			0		0			(18,423	)		0		6,988,036			14,440,970
Receipts*		0			0		0			0			0		0			5,270,062
Intercompany		0			0		0			0			0		0			0
Transfers Between Accounts		2,368,407			0		699,841			27,988			0		0			1
— DIP Financing		0			0		0			0			0		0			8,500,000
— Checks / Other Disbursements		(2,368,407	)		0		(699,841	)		(11,598	)		0		(114	)		(12,914,592	)
— Adjustment		0			0		0			0			0		0			(6,568	)
Sub-Total Disbursements		(2,368,407	)		0		(699,841	)		(11,598	)		0		(114	)		(4,421,160	)

Ending Cash - Per Books *		0			0		0			(2,033	)		0		6,987,922			15,289,873

*	Numbers should balance (match) Total Receipts and Total Disbursement lines on MOR 7.


Case Name:		Seahawk Drilling Inc., Et Al
Case Number:		11-20089

Payments to Insiders and Professionals

Of the total disbursements shown for the month, list the amount paid to insiders (as defined in Section 101(31)(A)-(F) of the U.S. Bankruptcy Code) and the professionals.

Also, for insiders, identify the type of compensation paid (e.g. salary, commission, bonus, etc.) (Attach additional pages as necessary).


INSIDERS: NAME / COMP TYPE		Month 2/12/11 to 2/28/11		Month 3/31/2011		Month 4/30/2011		Month 5/31/2011		Month 5
1.	Randall D. Stilley / Salaries & Wages		24,128		48,256		48,256		24,128
	Randall D. Stilley / Restricted Stock Vesting, Non-cash		740,889		—		—		—
	Randall D. Stilley / Expense Reimbursement		9,948		—		4,479		662
2.	William C. Hoffman / Salaries & Wages		15,432		30,865		30,865		15,432
	William C. Hoffman / Restricted Stock Vesting, Non-cash		445,084		—		—		—
3.	Alejandro Cestero / Salaries & Wages		5,499		—		—		—
	Alejandro Cestero / PTO Payout		2,909		—		—		—
	Alejandro Cestero / Restricted Stock Vesting, Non-cash		179,053		—		—		—
	Alejandro Cestero / Expense Reimbursement		40		—		—		—
4.	Raymond Gonzales / Salaries & Wages		4,855		—		—		—
	Raymond Gonzales / PTO Payout		1,831		—		—		—
	Raymond Gonzales / Restricted Stock Vesting, Non-cash		46,500		—		—		—
5.	James R. Easter / Salaries & Wages		12,397		24,794		24,794		24,794
	James R. Easter / Restricted Stock Vesting, Non-cash		116,241		—		—		—
	James R. Easter / Expense Reimbursement		120		—		1,082		2,489
6.	Robert E. Moore / Salaries & Wages		5,048		—		—		—
	Robert E. Moore / PTO Payout		2,654		—		—		—
	Robert E. Moore / Restricted Stock Vesting, Non-cash		69,750		—		—		—
7.	Stephen Snider / Board of Directors Restricted Stock Vesting, Non-cash		78,101		—		—
8.	Franklin F. Myers / Board of Directors Restricted Stock Vesting, Non-cash		52,401		—		—		—
	Franklin F. Myers / Salaries & Wages		—		—		17,411		12,500
9.	Ed P. Segner III / Board of Directors Restricted Stock Vesting, Non-cash		25,910		—		—		—
	Ed P. Segner III / Salaries & Wages		—		—		17,411		12,500
10.	Mark E. Baldwin / Board of Directors Restricted Stock Vesting, Non-cash		25,910		—		—		—
11.	Richard J. Alario / Board of Directors Restricted Stock Vesting, Non-cash		52,401		—		—		—
12.	John T. Nesser III / Board of Directors Restricted Stock Vesting, Non-cash		52,401		—		—		—
	John T. Nesser / Salaries & Wages		—		—		17,411		12,500
13.	Martha R. Vance / Salaries & Wages		—		—		—		110,260
14.	Mark D. Denny / Salries & Wages (1)		—		—		—		113,318


TOTAL INSIDERS			1,969,502		103,914		161,708		328,583


PROFESSIONALS		Month 2/12/11 to 2/28/11		Month 3/31/2011		Month 4/30/2011		Month 5/31/2011		Month 5
1. Simmons & Co.					75,000		2,197,250
2 Alvarez & Marsal							500,000
3 Fulbright & Jaworski							487,268		637,651
4 Akin Gump							96,021		650,745
5 Heller, Draper, Hayden, Patrick & Horn, LLC							150,087		—
6 Jones Day							120,000		45,000
7 Vinson & Elkins LLP							329,672		6,417
8 Jordan, Hyden, Womble, Culbreth & Holzer, PC							52,429		16,626
9. Kurtzman Carson Consultants LLC									224,806
10. Duff & Phelps Securities, LLC									114,004


TOTAL PROFESSIONALS			—		75,000		3,932,727		1,695,250		—

(1)	Mark Denny was VP from May 2, 2011 through June 14, 2011.


Case Name:		Seahawk Drilling Inc., Et Al
Case Number:		11-20089

Exhibit A - Disbursements


Entity	Case No.		Month 2/12/11 to 2/28/11			Month 3/31/2011			Month 4/30/2011			Month 5/31/2011			Month 5
SEAHAWK DRILLING LLC		11-20088		(25,679	)		(238,901	)		(893,963	)		(131,215	)
SEAHAWK DRILLING INC.		11-20089		(9,647,089	)		(5,882,454	)		(25,044,627	)		(9,710,098	)
SEAHAWK MEXICO HOLDINGS LLC		11-20090
SEAHAWK DRILLING MANAGEMENT LLC		11-20091		(3,265,300	)		(528,580	)		(605,006	)		(2,371,654	)
SEAHAWK OFFSHORE MANAGEMENT LLC		11-20092		(1,269,822	)		(3,149,377	)		(3,041,015	)		(708,193	)
ENERGY SUPPLY INTERNATIONAL LLC		11-20093					(137,126	)		(667,365	)
SEAHAWK GLOBAL HOLDINGS LLC		11-20094
SEAHAWK DRILLING USA LLC		11-20095


Total Disbursements (same as MOR-1 disbursements)				(14,207,890	)		(9,936,438	)		(30,251,975	)		(12,921,160	)		—

SEAHAWK DRILLING, INC. 8-K