Globe Energy Services, LLC (“Globe” or the “Company”)

Globe is a leading oilfield services company focused on providing fluid services, completion systems, well servicing and fishing & rental tools in the Permian Basin and the Mid-Continent. The Company is focused on new well completions and the production and maintenance of existing wellbores – primarily in oily plays. With the completion of the acquisitions of Exxcel Well Service, Inc. and Arkhoma Transports, Inc., Globe’s equipment fleet now consists of 224 fluid transport trucks, 335 frac and acid tanks, 13 reverse rigs, 10 pickup / lay down machines, 19 well servicing rigs, 3 foam units, 29 flowback tanks and 8 saltwater disposal wells. Globe was founded in 2004 and is based in Snyder, Texas.

Altpoint Capital (“Altpoint”)

Founded in 2006, Altpoint is a New York based private equity firm that makes substantial equity investments in established enterprises with the potential for significant growth and operating profit improvement.

PPHB, LP (“PPHB”)

PPHB is an independent investment banking firm providing financial advisory services exclusively to clients in the oilfield equipment and service industry.