Investor Presentaiton

Positive Developments with Limited Capital Required ■ Product ■ Potential for share gains given strong customer profile and operator search for efficiency gains Downturns typically drive increased rig efficiency as operators drop least efficient rigs More wells drilled per rig ■ Opportunity to gain market share with Majors ■ Rental Recent rental innovations potentially drive market share gains when activity resumes ■Introduction of additional completion technologies currently in development ■ International ■ Australian business predominantly natural gas- focused ■Forming key partnerships in the Middle East to provide platform for growth with modest capex DUS 19157 Cactus Walilead 295 23 23

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