Dalbo Holdings, headquartered in Vernal, Utah, is the market leader in the
rapidly-growing fluid transportation, heavy equipment hauling, fluid storage tank rental and
fluid disposal market in the Rocky Mountains. It has the largest employee base, equipment fleet,
fluid and heavy equipment hauling trucks, and fluid disposal pond capacity
of any service provider in the region, Dalbo services most of the leading oil & natural gas
exploration and production (“E&P”) companies in the highly-active Uinta (Utah), Piceance (Colorado), San
Juan (New Mexico) and Wind River (Wyoming) Basins.

The Rocky Mountains are home to the largest source of unconventional gas
in the U.S. with approximately 383 Tcf of technically recoverable reserves. Water plays a critical role in the
development and production of unconventional gas wells including its use in the drilling process to control
pressure in the well and to lubricate the drill bit, the Frac’ing2 process where water-based fluids are injected
into the well at high pressures to fracture the rock and release trapped oil or natural gas, and the production
process where formation water is produced along with the natural gas throughout the well’s life.

Dalbo's service offerings, which typically represent less than 5% of the total costs incurred by an E&P company
over the life of a well, satisfy several of the mission-critical components of well drilling, completion and
production-related support services, which provides the Company with a diversified revenue stream
throughout the life cycle of a well. As the market leader with a long track record of operating success, Dalbo is
well positioned to gain market share and add products and services in a region that will continue to benefit
from significant growth in E&P activity.

Dalbo is the leading full-service provider in the region offering a fluid management and heavy equipment hauling
transportation solution throughout the life cycle of oil or natural gas wells. The Company enjoys significant
market share for fluid transportation and heavy hauling in the Uinta, Piceance and San Juan Basins and is the
leading fluid disposal provider in the Uinta and Piceance Basins. With an extensive portfolio of service
offerings and a track record of delivering high-quality, reliable service, the Company is the provider of choice
for customers seeking fluid management services. To complement its fluid management services, the
Company also offers drilling site preparation through its construction division as well as heavy equipment
transportation to and from drilling sites. The Company’s blue chip customer base includes major and
independent E&P companies such as Anadarko, EOG, ExxonMobil, ConocoPhillips, Williams, Occidental,
EnCana and XTO Energy, as well as some of the most active regional E&P operators in the Rocky Mountain
region, including Bill Barrett and Questar.