X0202 4 2005-11-16 0000003982 Allis Chalmers Energy Inc. ALY 0001254407 TOBOROFF LEONARD 39 N. MOORE STREET, 6B NEW YORK, NY 10013 1 0 0 0 Common Stock (See Note 1) 2005-11-15 4 X 0 266667 2.50 A 547333 D Common Stock (See Note 2) 2005-11-15 4 M 0 2000 2.75 A 547333 D Common Stock 47861 I See Note Warrant 2.50 2005-11-15 4 X 0 266667 D 2006-04-01 Common Stock 266667 0 D Options 2.75 2005-11-15 4 M 0 2000 D 2013-12-16 Common Stock 2000 0 D Mr. Toboroff exercised his warrant to purchase 266,667 shares of common stock at an exercise price of $2.50 per share. Mr. Toboroff exercised options to purchase 2,000 shares of common stock granted to him under the Company Incentive Stock Plan at an exercise price of $2.75. Includes 42,860 shares and 5,001 shares held by Leonard Toboroff P.C. Profit Sharing Trust and Lenny Corp. Mr. Toboroff is the sole trustee and beneficiary of Leonard Toboroff P.C. Profit Sharing Trust and the sole shareholder of Lenny Corp. Not applicable. /s/ Leonard Toboroff 2005-11-16