Rime Downhole Technologies, LLC (“Rime”)

Rime is a technology company founded in 2012 that specializes in building products for the downhole measurement while drilling (“MWD”) industry. Rime offers a broad array of proprietary MWD components, including pulsers, pulser drivers, shock isolators and gamma modules. Rime’s Slick-HDTM Pulser and AgilisTM Driver are the leading pulser solutions in the U.S. onshore marketplace – approximately 40% of the currently active drilling rigs in the onshore U.S. are estimated to be operating with either Rime’s complete Slick-HDTM Pulser or its AgilisTM Driver on a stand-alone basis. Rime is headquartered in Fort Worth, Texas and currently employs ~30 personnel.

Cathedral Energy Services Ltd. (TSX:CET) (“Cathedral”)

Cathedral, based in Calgary, Alberta, is incorporated under the Business Corporations Act (Alberta) and operates in the U.S. under Discovery Downhole Services, a division of Cathedral, and Altitude Energy Partners, LLC. Cathedral’s Common Shares are publicly-traded on the Toronto Stock Exchange under the symbol "CET". Cathedral is a trusted partner to North American energy companies requiring high-performance directional drilling services. Cathedral works in partnership with customers to tailor its equipment and expertise to meet each customer’s specific geographical and technical needs. Cathedral's experience, technologies and responsive personnel enable its customers to achieve higher efficiencies and lower project costs.

PPHB, LP (“PPHB”)

PPHB is an independent investment banking firm providing financial advisory services to middle market companies that offer products and services to the following end markets: