Mpact® Downhole Motors Surpasses Haynesville Shale Lateral Drilling Performance Record by Nearly 24%

Conroe, Texas - Mpact® Downhole Motors set a new Haynesville Shale Drilling record on August 28, 2011 using an Mpact® Downhole Motor Model 475 5683. The field performance record was for the fastest lateral run ever recorded. The previous lateral drilling performance record was 85 feet per hour while the Mpact Downhole Motor achieved over 105 feet per hour, surpassing the previous record by nearly 24% and claiming the new performance record.

Details of the record setting event are as follows:

o Classic Operating Company

o Field Name: South Naquin GU 1H

o Location: Shelby County, Texas

o Rig Name: H&P 341

o Hole Size: 6-3/4"

o Mpact Motor Model: 475 5683

o Total Footage Drilled: 5,741 Feet

o ROP: 105.3 Feet per Hour

Mpact® Downhole Motors has extensive in-house engineering capabilities that ensure ongoing development of leading edge motor technology that allows the company to achieve record-setting drilling performance and to meet a broad range of application requirements.

Mpact® Downhole Motors has over two decades experience in the design and manufacture of premium quality drilling motors and is a leading independent downhole motor supplier to the North American directional, horizontal and vertical drilling markets. Headquartered in Conroe, Texas, Mpact® Downhole Motors serves customers through four regional service centers and ten district sales offices strategically located throughout the Gulf Coast, Permian Basin, Mid-Continent, Rocky Mountain and Appalachian regions.

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