GS OILTOOLS PRESENTATION Information ! Established January 6, 2011. - PowerPoint PPT Presentation

GS OILTOOLS PRESENTATION

Information ! Established January 6, 2011. Full operation from April 1, 2011. ! Offices & Warehouse @ Moseidveien 1, Forus West, Stavanger ! American TechTrade LLC, Purchasing office/company, 860 Roosevelt Place, New Orleans, LA 70119 � USA ! Building own premises @ Forusskogen, Stavanger. Completion 2014. ! GS Oiltools AS has established quality system in accordance with ISO 9000. ! GS Oiltools AS is registered with Achilles Joint Qualification (ID 28384). ! GS Oiltools AS is subscribing to NS1 and NS2 standards

GS Group UK Machining American GS TechTrade Technologies LLC, AS LA, USA GS Eiendom GS Manila, Forus AS Phillippines GS Service and GS Rental Maintenance Tools AS Oiltools Workshop

The organization Stian Krag General Manager Leif Neverdahl Geir Magne Business Johnsen Kenneth Jelsa Office Manager Development Operation & HSEQ Manager Manager Workshop Jansson & Larsen Christian Tungesvik Paula Xenia AS Key Account Technical Specialist Terje Hogstad Finance Manager Manila, Phillippines Mechanic

Who we are: Stian Krag – General Manager ! Has over 27 years extensive management experience in the international oil and gas industry, and during the past 15 years specialized in ! developing businesses and markets within the international oil industry including Europe, USA, the Middle and Far East. Geir Magne Johnsen – Operations Manager ! Geir Magne has over 18years of wireline services experience. He was previously the wireline field supervisor for Seawell in the North Sea. ! Geir Magne has extensive technical, hands-on knowledge of wireline operations and equipment. His field experience and knowledge enables him to provide technical and operational advice, as well as designing training specifically for our customers. Leif Neverdahl – Business Development Manager ! Leif has over 27 years experience in the oil and gas industry. He was previously the supervisor for contracts and purchasing in Baker ! Hughes. This experience includes domestic and international purchasing and sales of manufacturing, service, maintenance, rental of equipment and project management. Leif has hands-on knowledge of pressure pumping (cementing, completion, etc) and coil tubing operations and equipment. Christian Tungesvik – Key Account Manager ! Has over 10 years experience in the oil and gas industry, within wellbore intervention, wellbore construction, rental of drilling equipment and ! Extensive purchasing experience for drilling contractors .

Standard NS-1 documentation

Customers

Business areas ! Agencies ! Sourcing ! Rental ! GS Products ! Service & Maintenance

Agencies

Sourcing ! Drill stem equipment such as drill pipe, HWDP , Drill Collars, X-over subs, bit subs, stabilizers, saver subs, Kelly Cocks, Inside BOP , etc. ! Rig floor handling equipment, partnered with authorized NOV, Weatherford, Klepo and Con-Tech Thread Protector stocking distributor ! Chicksans, flow line equipment, bit breakers, protectors, etc. ! Wireline tools and pressure control equipment ! Coil Tubing tools ! BOP’s, gate valves, safety heads

US Based trading Down hole tools: SDN Tools, Drill Pipe X-Overs, Rubber and Plastic Thread Protectors, VAM X-over pup joint, Saver Subs, Intermediate Sub, Saver Subs NC61 x WT56 Hydril, Grant Pridco Drill Pipe & pup joints, Kelly Valve IBOP , Kelly Cocks, OCTG tubing, Junk Baskets, Pup Joints & X-overs, Spiral Drill Collars, Landing string, Swivel Sub, Drill Pipe, REPAIR KIT, 5 1/4",15M F/HPS AUTO BOP , EDPHOT Sub, Drill Collar Safety Clamp, Well service & Completion: Camco OM-1S KOT Screws, Otis B Shifting Tool, Wireline Technologies Spare Parts, ANSI blind flanges, Accessories for Washpipe, Top site rig equipment: PS-16 (hydraulic) power slips, LTV 1" 602 wing x thread, Manifold X-overs and plug valves, SDHL Slip Hinge Pins, Fracing Heater, Choke Manifold Parts. 1" 602, Varco Spare Parts, MSI Valves, NOV Spare Parts, 2" N & S Adjustable chokes, Morse Starret wire rope cutters, 5 1/2", 5", 5-7/8" DP slips SDHL, Valve Pop-of Retsco Reset Relief Type RX, 3" Fig 1502, NOV Slip Hinge Pins, Hydril GL Packing Unit, Parts for mud pump, Parts for pump + Load Cell, Bushing for NOV hydralift knuckle boom crane, NOV BX 4 Elevators Bushing, Reel and Hyd Hoses, BJ TYPE DUAL SPLIT PIPE WIPER, Hydratong Safety Valve, Misc Draw Works Spares, Well control equipment: Used Subsea Trees, H4 Connector, Parts for Hydril annular BOP , GE H4 Bolts, Shaffer/Varco Fail safe valves, Shaffer ram shaft for 18-15M model SLX BOP , H4 Seal Rings, BOP PILOT FLUID PUMP , LEVER FOR SLEW STOP VALVE, Hydraulic components : Swaglok Fittings, Hydraulic spare parts, Workshop equipment: Inside and Outside Calipers, Torque (make & brake) unit, Workshop Vice,

Rental Downhole drilling equipment (Drill Pipe, Collars, Heavy Weight Drill Pipe, subs, Stabilizers, Hole ! Openers, Jars, Casing Scrapers, Roller Reamers, etc.) Handling equipment (Elevators, Slips, Tongs, etc) ! Downhole Wireline Tools ! Pressure Control Equipment ! Flowline equipment (Chicksan equipment, valves, chokes, flow meters, etc) ! Downhole pressure and temperature gauges ! Wash pipe and accessories ! Drilling: Vetco Type "E" 10M PSI WP Wellhead Connectors , Vetco Type E x F 15M PSI WP ! Wellhead Connectors , Vetco Test Stumps for Connectors , CIW Type 18- ­ � 3/4" 10M PSI WP Model 70 Connectors, CIW Type 18- ­ � 3/4" 10M PSI WP Model HC Connectors, CIW Test Stumps for Connectors , DR- ­ � 1 Ball Joints, API Clamps & Hubs ( Various Sizes ), API Test / Blind Flanges & Hubs ( Various Sizes ) GS also can provide spare parts, repairs and remanufacturing services for the above equipment.

GS Products Sirkulasjons sub Smart Deployment System

Service and Maintenance 24/7 machining, both repair and manufacturing ! Service, maintenance and repair of drilling and handling equipment ! Ram BOP Preventers - ­ Repair & Re � Certification ! Annular Type BOP Preventers - ­ Repair & Re � Certification ! Surface and Sub � Sea Valves - ­ Repair & Re-Certification ! Riser - ­ Inspection / Repair and Re � Certification ! Drilling Connectors - ­ Inspection / Repair & Re � Certification ! Coiled Tubing & Wireline Equip � Repair/Re � Certification ! SKAGIT MOORING EQUIPMENT / REPAIR ! FIELD SUPPORT : LAND AND OFFSHORE ( GLOBAL ), Welding/ Service Engineers / Inspection / NDT and PMI ! No task is too small, No task is too large!!! !