News Column

Xtreme Drilling and Coil Services Announces Second Quarter 2014 Operating and Financial Results

August 7, 2014

CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - Xtreme Drilling and Coil Services ("Xtreme" or the "Company") (TSX:XDC) announces summary results for the three and six months ended June 30, 2014. It is anticipated that filing will take place on SEDAR of the Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis on Friday, August 8, 2014. Highlights - Q2 2014 -- Adjusted EBITDA was $19.4 million for the second quarter, a decrease of 6% over the previous quarter and an increase of 15% over the second quarter of 2013. The decrease from the prior quarter was primarily due to normal Canadian seasonality as well as one less XSR coiled tubing unit in operation during the quarter. The unit was damaged during a routine operation and spent the entire quarter under repair and returned to work in mid-July. The decrease was offset by mobilization revenue recognized for the two rigs upgraded and shipped to India during the second quarter. -- Revenue was $62.3 million in the second quarter of 2013, or a decrease of 11% over the previous quarter. The decrease in revenue for the quarter was a function of fewer operating days in Canada as well as the US XSR segment. Revenue per operating day increased significantly to $35.0 thousand from $32.7 thousand in the first quarter. The increase is attributed to the mobilization revenue for the two rigs shipped to India during the quarter. -- The Company had 1,779 operating days, or 351 fewer days than the first quarter of 2014. This resulted in a utilization rate of 73% for the fleet of 21 XDR drilling rigs and 7 XSR coiled tubing units. The drilling segment achieved utilization of 75% on 1,433 operating days. This is comprised of an 84% utilization rate in the US XDR fleet and 22% for the Canadian XDR rigs. The decrease in US utilization was based on the fact that the two rigs shipped to India did not record operating days for the quarter. They did generate mobilization revenue in the quarter through a one-time payment made by the customer as part of the initial mobilization of the rigs to India. In addition, we had a XDR 500 rig down for approximately six weeks for a major inspection and recertification prior to going to a new client. For the second quarter, the coil services segment achieved utilization of 68% on 346 operating days. The utilization was negatively affected by one unit that was idle for the entire period due to damage sustained in a routine operation. -- The Company recognized a Net Loss of $0.9 million or $.01 per fully diluted share for the second quarter. This includes a loss on disposal of equipment of $3.9 million during the quarter. Excluding this charge, net income would have been approximately $2.1 million or $.03 per share. -- The Company paid down an additional $5.3 million in debt during the quarter. Net debt at quarter end was $105.4 million in Canadian Dollars. At quarter end, all but $2.0 million of the Company's debt was denominated in US dollars and translated for financial reporting purposes to Canadian Dollars. Xtreme exited the quarter with approximately $34.0 million available on the Company's revolving credit facility and working capital of $43.5 million. The funded debt to EBITDA ratio as calculated for the Company's credit facility was 1.8x, which is well under the credit facility covenant level of 3.0. In addition, the net debt to EBITDA ratio dropped to 1.2x for the second quarter. Capital expenditures totaled $21.0 million for the quarter with a target full year 2014 capital budget of $70.0 to $72.0 million which is anticipated to be funded through operating cash flow. Selected Quarterly Financial Information (unaudited) Jun 30, Mar 31, Dec 31, Sep 30, Three months ended 2014 2014 2013 2013 ---------------------------------------------------------------------------- Revenue 62,299 69,703 62,681 59,692 Adjusted EBITDA (1) 19,421 20,635 19,734 17,783 Adjusted EBITDA as a percentage of Revenue 31 30 31 30 Adjusted EBITDA per share (1) - basic ($) 0.24 0.25 0.24 0.22 Net (loss)income (902) 2,896 (7,441) 3,281 Net income (loss) per share - basic ($) (0.01) 0.04 (0.09) 0.04 Capital assets 413,296 423,204 412,523 416,887 Total assets 513,651 532,116 515,720 504,728 Net debt (2) 105,358 125,389 116,856 110,326 ---------------------------------------------------------------------------- Operating days (1) 1,779 2,130 2,141 2,062 Utilization (percentage) - XDR 75 90 93 90 Utilization (percentage) - XSR 68 78 76 76 Utilization (percentage) - Total 73 88 90 87 Weighted average rigs in service 28.0 28.0 28.0 28.0 Total rigs, end of quarter 28 28 28 28 ---------------------------------------------------------------------------- Jun 30, Mar 31, Dec 31, Sep 30, 2013 2013 2012 2012 ---------------------------------------------------------------------------- Revenue 53,268 54,182 51,813 48,948 Adjusted EBITDA (1) 16,847 19,234 15,029 4,459 Adjusted EBITDA as a percentage of Revenue 32 35 29 9 Adjusted EBITDA per share (1) - basic ($) 0.21 0.24 0.19 0.07 Net income (loss) 239 4,487 4,579 (2,935) Net income (loss) per share - basic ($) 0.00 0.06 0.06 (0.04) Capital assets 431,294 417,431 415,354 425,364 Total assets 520,326 508,823 506,551 511,318 Net debt (2) 127,977 130,014 141,841 119,759 ---------------------------------------------------------------------------- Operating days (1) 1,911 1,949 1,891 1,742 Utilization (percentage) - XDR 85 89 85 86 Utilization (percentage) - XSR 65 60 58 45 Utilization (percentage) - Total 81 83 80 77 Weighted average rigs in service 28.0 28.0 26.8 26.0 Total rigs, end of quarter 28 28 28 28 ----------------------------------------------------------------------------



(1) Adjusted EBITDA. See Reconciliation of adjusted EBITDA below

(2) Total debt less cash

Excerpt from Management's Discussion and Analysis

For the three and six months ended June 30, 2014

Outlook

Activity remained strong in Xtreme's core operating areas of the Eagle Ford, Niobrara and Bakken during the second quarter. Production from each of these tight oil resource plays continues to surge higher with the Eagle Ford and Bakken being the largest producers of oil and condensates in the United States. The trend toward faster moving higher specification rigs has benefitted Xtreme as the fleet of 21 XDR drilling rigs and seven XSR coiled tubing units are all AC electric, tier 1 quality. Because of this Xtreme is well positioned to take advantage of the many opportunities in the US unconventional resource play market. Whereas many of our drilling and service competitors focus has been on upgrading technology and fleet quality.

The Company is excited by the opportunity of a new growth market for drilling services in India. Two XDR 300 rigs were shipped to the country during the second quarter. The XDR 300 rig is a tier 1 rig which is an ideal fit for markets that have slightly shallower well profiles but still demand the performance of an AC electric drilling rig. India fit this profile well and we have partnered with a new customer that is working to build efficiencies and improve their drilling program. This deployment fits with Xtreme's strategy of optimizing the fleet by moving into regions that value and will pay a premium for drilling performance with technology. As of this release one rig had begun operations with the second rig likely to start in the next week. It is anticipated that the initial contract will have a term of 15 to 18 months with the opportunity of additional wells upon completion.

In the United States XDR drilling activity remained robust. Prospects for contract renewals in the coming six months appear strong. We have seven rigs with contracts that expire by the end of 2014. We are confident that each of these should contract at slightly higher rates and a majority of the rigs should re-contract with the current customer. During the second quarter Xtreme continued to invest in the existing fleet. We are committed to drive performance through a focus on planned maintenance, crew training and safety. As we implement these new processes we saw margins slightly compress in the first half of 2014. However, we have begun to see the benefits of this focus as our fleet downtime has decreased by roughly 50% over the past 12 months. In addition, we anticipate drilling margins will trend higher as repair and maintenance expenses come down over the second half of 2014. In Canada XDR drilling activity was slow in the second quarter with the seasonal road bans. The three XDR 200 rigs in Canada are back working and scheduled to operate through March of 2015.

In the US XSR division, coiled tubing demand remained far greater that our ability to supply services. As previously announced one of the units was idle for the entire second quarter. It had an incident during a routine operation that caused damage. Revenue was down for the quarter in this segment due to the incident. The unit is back to work and we anticipate that activity will remain strong in the Eagle Ford for the remainder of the year. The combination of our proprietary technology with AC electric units and large diameter 2 5/8" coiled tubing continues to provide significant value to our customers. The Company is on target to deliver two new XSR units to South Texas in October and December of this year and six additional units in 2015 and 2016. Several potential customers have already inquired as to availability and delivery schedules of the new units. We anticipate that the trend towards larger diameter coil in the Eagle Ford will only increase in the future as operators are able to mitigate downhole issues and complete wells to greater lengths. Based on this Xtreme is very confident that we can grow our market share in South Texas and potentially other regions through our new build program.

In Saudi Arabia performance remains very strong. The operation has been an exciting example of the benefits of coiled tubing drilling. Xtreme continues to pursue additional opportunities in Saudi and other markets that see the potential value in underbalanced coiled tubing drilling. We anticipate during the second half of the year our customer in Saudi Arabia will make a final decision on the need for additional units on this project. We remain cautiously optimistic that we can add units into this market.

Second Quarter Conference Call

Xtreme has scheduled a conference call on Friday, August 8, 2014, at 10:00 am MDT, 11:00 am CT. Tom Wood, Chief Executive Officer, will host the conference call with participation from Matt Porter, Chief Financial Officer, and will answer questions from analysts and investors.

To participate in the conference call, please dial in as follows approximately ten minutes before the start time in your time zone.

+1 866-225-0198 (North America Toll-Free) or +1 416-340-2216 (Alternate)

http://www.gowebcasting.com/5630

An audio replay of the call will be available until Friday, August 15, 2014. To access the replay, call +1 800-408-3053 or +1 905-694-9451 and enter pass code 4791073.

Reader Advisory

This news release, or documents incorporated herein, contains forward-looking statements ("FLS"). More particularly, this news release contains statements that may relate to contracting, marketing, financing, construction, modifications, deployment, operation, utilization of drilling rigs in the Company's current and future fleet, and any potential outcome relating to claims and litigation. Further, the FLS herein may relate to trade credit insurance carried by the Company to mitigate receivables collection risk. Although Xtreme believes expectations reflected in these FLS are reasonable, readers should not place undue reliance on them because Xtreme can give no assurance they will prove to be correct. There are many factors that could cause FLS not to be correct, including risks and uncertainties inherent in the Company's business.

These statements are based on certain factors and assumptions including, but not limited to: the assessment of current and projected future operations; ongoing and future strategic business alliances, negotiations and opportunities to enter new, extend or complete existing contracts; the availability and cost of financing; foreign currency exchange rates; timing and magnitude of capital expenditures; expenses and other variables affecting rig operation, modification and construction; the ability and commitment of vendors to provide rig component equipment, services and supplies, including labor, in a cost-effective and timely manner; the issuance of applied-for patents; changes in tax rates; and government regulations. Although Xtreme considers the assumptions used to prepare this news release reasonable, based on information available to management as of August 7, 2014, ultimately the assumptions may prove to be incorrect.

Forward-looking statements are also subject to certain factors, including risks and uncertainties, which could cause actual results to differ materially from management's current expectations. These factors include, but are not limited to: the cyclical nature of drilling market demand, foreign currency exchange rates, and commodity prices; access to credit and to equity markets; the availability of qualified personnel; vendor-provided rig components; and, competition for customers.

Management's assumptions considered the following: compliance with the terms of the Company's current credit facility; ongoing access to key supplies and components required to continue operating and maintaining equipment, including fuel; continued successful performance of drilling and related equipment; expectations regarding gross margin; recruitment and retention of qualified personnel; continuation or extension of existing long-term or multi-well contracts; revenue expectations related to shorter-term drilling opportunities; willingness and ability of customers to remit amounts owing to Xtreme in accordance with normal industry practices; and management of accounts receivable in direct relation to revenue generation.

In preparing this news release, management considered the following risk factors: fluctuations in crude oil and natural gas prices, supply and demand; fluctuation in foreign currency exchange and interest rates; financial stability of Xtreme's customers; current and future applications for Xtreme's proprietary technology; competition from other drilling contractors; regulatory and economic conditions in regions where Xtreme operates; environmental constraints; changes to government legislation; international trade barriers or restrictions; and, where appropriate, global political and military events.

Financial outlook information contained in this news release about prospective results of operations, financial position or cash provided by operating activities is based on assumptions about future events, including economic conditions and proposed courses of action, and on management's assessment of relevant information currently available. Readers are cautioned such financial outlook information contained in this news release is not appropriate for purposes other than for which it is disclosed here. Readers should not place undue importance on FLS and should not rely on this information as of any other date. Except as required pursuant to applicable securities laws, Xtreme disclaims any intention, and assumes no obligation, to update publicly or revise FLS to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such FLS or otherwise.

About Xtreme

Xtreme Drilling and Coil Services Corp. ("XDC" on the Toronto Stock Exchange) designs, builds, and operates a fleet of high specification drilling rigs and coiled tubing well service units featuring leading-edge proprietary technology including AC high capacity coil injectors, deep re-entry drilling capability, modular transportation systems and continuous integration of in-house advances in methodologies.

Currently Xtreme operates two service lines: Drilling Services (XDR) and Coil Services (XSR) under contracts with oil and natural gas exploration and production companies and integrated oilfield service providers in Canada, the United States, Saudi Arabia and India. For more information about the Company, please visit www.xtremecoil.com.

Xtreme Drilling and Coil Services Corp. Interim Consolidated Statements of Financial Position (in thousands of Canadian dollars) (unaudited) June 30, 2014 Dec 31, 2013 ------------------------------ ------------------------------ Assets Current assets Cash and cash equivalents 18,242 12,220 Accounts receivable 45,727 60,084 Other receivables 1,431 1,306 Prepaid expenses and other 6,157 2,491 Income tax recoverable 583 462 Inventory 11,091 8,181 ------------------------------ 83,231 84,744 Non-current assets Deferred tax asset 13,359 14,536 Property and equipment 413,296 412,523 Intangible assets 3,765 3,917 ------------------------------ Total Assets 513,651 515,720 ------------------------------ ------------------------------ Liabilities and Equity Current liabilities Accounts payable and accrued liabilities 38,179 28,051 Fair value of non-controlling interest liability - 12,763 Current portion of provision 1,601 - Current portion of long-term debt - 669 ------------------------------ 39,780 41,483 Long-term liabilities Fair value of non-controlling interest liability - 1,596 Long-term portion of provision 1,601 - Long-term debt 123,600 128,407 ------------------------------ Total Liabilities 164,981 171,486 ------------------------------ Shareholders' equity Share capital 331,101 328,416 Share option reserve 12,937 12,419 Accumulated deficit (11,082) (12,697) Foreign currency translation reserve 15,714 15,143 ------------------------------ 348,670 343,281 Non-controlling interest - 953 ------------------------------ Total Shareholders' Equity 348,670 344,234 ------------------------------ Total Liabilities and Shareholders' Equity 513,651 515,720 ------------------------------ ------------------------------ Xtreme Drilling and Coil Services Corp. Interim Consolidated Statements of (Loss) Income For the three and six months ended June 30, 2014 and 2013 (in thousands of Canadian dollars, except share and per share data) (unaudited) Three months ended Six months ended -------------------------------------------- -------------------------------------------- June 30, June 30, June 30, June 30, 2014 2013 2014 2013 -------------------------------------------- Revenue 62,299 53,268 132,002 107,450 Expenses Operating expenses 38,383 33,560 83,450 65,957 General and administrative expenses 4,495 2,861 8,496 5,412 Change in fair value of non- controlling interest liability - (31) - (238) Depreciation of property and equipment 13,328 9,098 26,558 17,641 Amortization of intangibles 76 76 152 152 Stock-based compensation 671 210 1,387 430 Foreign exchange loss 86 3,272 75 5,145 Loss (gain) on disposal of equipment 3,884 (117) 3,903 31 Other (income) expenses (17) 21 12 57 Interest expense 1,066 1,664 2,292 3,783 -------------------------------------------- -------------------------------------------- Income before tax for the period 327 2,654 5,677 9,080 Tax expense Current 1,219 894 2,503 1,612 Deferred 10 1,521 1,180 2,741 -------------------------------------------- -------------------------------------------- Total tax expense 1,229 2,415 3,683 4,353 Net (loss) income for the period (902) 239 1,994 4,727 -------------------------------------------- -------------------------------------------- Net (loss) income attributable to Owners of the parent (902) (73) 1,994 4,040 Non-controlling interest - 312 - 687 -------------------------------------------- (902) 239 1,994 4,727 -------------------------------------------- -------------------------------------------- Net (loss) income per common share attributable to equity owners of the parent - basic (0.01) 0.00 0.02 0.01 - diluted (0.01) 0.00 0.02 0.01 Weighted average number of common shares - basic 81,574,045 80,790,315 81,389,932 80,790,315 - diluted 82,595,009 81,200,643 82,342,017 81,098,340 Xtreme Drilling and Coil Services Corp. Interim Consolidated Statements of Comprehensive (Loss) Income For the three and six months ended June 30, 2014 and 2013 (in thousands of Canadian dollars) (unaudited) Three months ended Six months ended ---------------------------------------- ---------------------------------------- June 30, June 30, June 30, June 30, 2014 2013 2014 2013 ---------------------------------------- Net (loss) income for the period (902) 239 1,994 4,727 Other comprehensive (loss) income Items that may be subsequently reclassified to profit or loss Unrealized (loss) gain on translating financial statements of foreign operations (11,896) 14,384 571 22,154 Dividends declared to non- controlling interest partner - - (1,332) - ---------------------------------------- Comprehensive (loss) income for the period (12,798) 14,623 1,233 26,881 ---------------------------------------- ---------------------------------------- Xtreme Drilling and Coil Services Corp. Interim Consolidated Statements of Changes in Equity For the six months ended June 30, 2014 and 2013 (in thousands of Canadian dollars) (unaudited) Equity attributable to the owners of the parent Foreign Share currency Share option Accumulated translation capital reserve deficit reserve Total ------------------------------------------------------ ------------------------------------------------------ Balance at Jan 1, 2013 327,197 11,572 (12,370) (11,314) 315,085 ------------------------------------------------------ ------------------------------------------------------ Net income for the year - - 4,040 - 4,040 Other comprehensive income Currency translation differences - - - 21,551 21,551 ------------------------------------------------------ Total comprehensive income - - 4,040 21,551 25,591 ------------------------------------------------------ Employee share option scheme: Value of employee services - 430 - - 430 Proceeds from shares issued (13) - - - (13) ------------------------------------------------------ Total transactions with owners (13) 430 - - 417 ------------------------------------------------------ Balance at Jun 30, 2013 327,184 12,002 (8,330) 10,237 341,093 ------------------------------------------------------ ------------------------------------------------------ Balance at Jan 1, 2014 328,416 12,419 (12,697) 15,143 343,281 ------------------------------------------------------ ------------------------------------------------------ Net income for the year - - 1,994 - 1,994 Other comprehensive income Currency translation differences - - - 571 571 Dividends declared to non-controlling interest partner - - - - - Settlement for the purchase of non- controlling interest partner - - (379) - (379) ------------------------------------------------------ Total comprehensive income - - 1,615 571 2,186 ------------------------------------------------------ Employee share option scheme: Value of employee services 868 1,386 - - 2,254 Proceeds from shares issued 1,817 (868) - - 949 ------------------------------------------------------ Total transactions with owners 2,685 518 - - 3,203 ------------------------------------------------------ Balance at Jun 30, 2014 331,101 12,937 (11,082) 15,714 348,670 ------------------------------------------------------ ------------------------------------------------------ Non- Total controlling Shareholders' interest Equity ------------------------------------------------------ ------------------------------------------------------ Balance at Jan 1, 2013 2,922 318,007 ------------------------------------------------------ ------------------------------------------------------ Net income for the year 687 4,727 Other comprehensive income Currency translation differences 603 22,154 ------------------------------------------------------ Total comprehensive income 1,290 26,881 ------------------------------------------------------ Employee share option scheme: Value of employee services - 430 Proceeds from shares issued - (13) ------------------------------------------------------ Total transactions with owners - 417 ------------------------------------------------------ Balance at Jun 30, 2013 4,212 345,305 ------------------------------------------------------ ------------------------------------------------------ Balance at Jan 1, 2014 953 344,234 ------------------------------------------------------ ------------------------------------------------------ Net income for the year - 1,994 Other comprehensive income Currency translation differences - 571 Dividends declared to non-controlling interest partner (1,332) (1,332) Settlement for the purchase of non- controlling interest partner 379 - ------------------------------------------------------ Total comprehensive income (953) 1,233 ------------------------------------------------------ Employee share option scheme: Value of employee services - 2,254 Proceeds from shares issued - 949 ------------------------------------------------------ Total transactions with owners - 3,203 ------------------------------------------------------ Balance at Jun 30, 2014 - 348,670 ------------------------------------------------------ ------------------------------------------------------ Xtreme Drilling and Coil Services Corp. Interim Consolidated Statements of Cash Flows For the six months ended June 30, 2014 and 2013 (in thousands of Canadian dollars) (unaudited) 2014 2013 ------------------------------ ------------------------------ Cash flow provided by: Operating activities Net income for the period 1,994 4,727 Interest paid (1,448) (3,988) Taxes paid (2,455) - Items not affecting cash: Depreciation and amortization 26,710 17,793 Stock-based compensation 1,387 430 Loss on disposal of equipment 3,903 31 Change in fair value of non-controlling interest liability - (238) Interest expense 2,292 3,783 Amortization of debt issuance costs (224) (38) Foreign exchange loss 75 5,145 Current tax expense 2,503 1,612 Deferred tax expense 1,180 2,741 Changes in items of working capital 12,644 76 ------------------------------ Net cash generated from operating activities 48,561 32,074 ------------------------------ Financing activities Proceeds from exercise of stock options 1,818 - Repayment of long-term debt (6,006) (10,429) Repayment of operating facility - (7,834) Debt issuance cost 97 (22) ------------------------------ Net cash used in financing activities (4,091) (18,285) ------------------------------ Investing activities Proceeds from sale of equipment 1,066 548 Capital expenditures (30,403) (12,575) Buyout of non-controlling interest partner (11,628) - Changes in items of working capital relating to capital items 6,446 - ------------------------------ Net cash used in investing activities (34,519) (12,027) ------------------------------ Effect of exchange rate changes on cash and cash equivalents (3,929) 1,296 ------------------------------ Increase in cash and cash equivalents 6,022 3,058 Cash and cash equivalents - beginning of period 12,220 5,921 ------------------------------ Cash and cash equivalents - end of period 18,242 8,979 ------------------------------ ------------------------------ Xtreme Drilling and Coil Services Corp. Reconciliation of Adjusted EBITDA For the three and six months ended June 30, 2014 and 2013 (in thousands of Canadian dollars, except per share data) (unaudited) Three months ended Six months ended Jun 30, Jun 30, Jun 30, Jun 30, 2014 2013 2014 2013 ---------------------------------------------------------------------------- Net (loss) income (902) 239 1,994 4,727 Tax expense 1,229 2,415 3,683 4,353 Interest expense 1,066 1,664 2,292 3,783 Amortization of intangibles 76 76 152 152 Depreciation of property and equipment 13,328 9,098 26,558 17,641 ---------------------------------------------------------------------------- EBITDA 14,797 13,492 34,679 30,656 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- Three months ended Six months ended Jun 30, Jun 30, Jun 30, Jun 30, 2014 2013 2014 2013 ---------------------------------------------------------------------------- EBITDA 14,797 13,492 34,679 30,656 Adjustments for non-cash items 4,624 3,355 5,377 5,425 ---------------------------------------------------------------------------- Adjusted EBITDA 19,421 16,847 40,056 36,081 ---------------------------------------------------------------------------- Adjusted EBITDA per share ($) 0.24 0.21 0.49 0.45 ---------------------------------------------------------------------------- Net income per share ($) (0.01) 0.00 0.02 0.05 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- Three months ended Six months ended Jun 30, Jun 30, Jun 30, Jun 30, 2014 2013 2014 2013 ---------------------------------------------------------------------------- Stock-based compensation 671 210 1,387 430 Loss (gain) on disposal of equipment 3,884 (117) 3,903 31 Foreign exchange loss 86 3,272 75 5,145 Change in fair value of non- controlling interest liability - (31) - (238) Other (income) expense (17) 21 12 57 ---------------------------------------------------------------------------- Total adjustments for non-cash items 4,624 3,355 5,377 5,425 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- FOR FURTHER INFORMATION PLEASE CONTACT: Xtreme Drilling and Coil Services Corp.Matt Porter Chief Financial Officer +1 281 994 4604 Xtreme Drilling and Coil Services Corp.9805 Katy Freeway, Suite 650 Houston, TX 77024 ir@xtremecoil.comwww.xtremecoil.com Source: Xtreme Drilling and Coil Services


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