Stabiltec Downhole Tools LLC (“Stabiltec”)

Stabiltec is a leading manufacturer of specialty drilling tools for the oil and gas industry. The Company has also developed several proprietary hardsurfacing processes that significantly extend the life of its products. Stabiltec stands apart from the competition through its ability to manufacture complete turn-key downhole tools on demand. The company’s manufacturing processes use the latest technology, including next generation, custom designed robotics. Stabiltec, founded in 1990, is headquartered in Parks, Louisiana and employs 105 highly skilled personnel.

ESCO Corporation (“ESCO”)

ESCO is a leading independent designer, manufacturer and provider of highly engineered wear parts and replacement products used in mining, construction, industrial, oil & gas, and industrial applications. The company, headquartered in Portland, Oregon, operates in 28 countries on six continents, including an expansive network of 27 manufacturing facilities and more than 50 sales and distribution offices.

PPHB, LP (“PPHB”)

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