X0303 4 2008-12-04 0 0000003982 Allis Chalmers Energy Inc. ALY 0001373190 Bulgheroni Alejandro Pedro 5075 WESTHEIMER, #890 HOUSTON TX 77056 1 0 0 0 Common Stock 2008-12-04 4 A 0 4000 A 11000 D Common Stock 2200000 I By Associated Petroleum Investors Ltd. Common Stock 1000000 I By Global Oilfield Holdings Limited These shares were issued as a restricted stock award and therefore no consideration was paid by the Reporting Person. The restricted stock award vests on December 4, 2009. The Reporting Person is Chairman and President of each of Associated Petroleum Investors Ltd. and Global Oilfield Holdings Limited. The Reporting Person disclaims beneficial ownership of these shares to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of benefical ownership for the purposes of Section 16 or for any other purpose. /s/ Theodore F. Pound III, under POA 2008-12-04