The Company is an oil field service company that specializes in both scanning and pressure testing tubular products downhole. Operating from a productive and growing basin, the Company serves energy companies through automatically renewing MSAs, as well as project-specific work, and boasts a 100% rate of repeat business. Management indicates the Company is frequently asked to expand its services to other locations.

INVESTMENT APPEAL

• Superior Name and Reputation: The Company is well established in its regional oil market. It has an excellent reputation, a great safety record, superior technology, a large base of satisfied clients, and a very high rate of repeat and referral business.

• Strong Client Relationships with Blue-Chip Customers: The Company has a long and impressive client base, including some of the top oil producers in the area. Many relationships are under automatically renewing MSAs that date back over a decade.

• Large Fixed Asset Base: Management estimates the Company’s fixed asset base, composed primarily of testing units, at $3.8 million.

• Documented Systems and Procedures: The Company has documented systems and procedures in place to support optimal performance and field safety.