COMITT WELL SOLUTIONS LLC 1411 Vander

Wilt Ln, Katy, TX 77449 www.comitt.net

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PROVIDING VALUE THROUGH TECHNOLOGY

MAXIMIZEEconomic recovery from

all wells

REDUCEResource consumption

SAFE Reliable Efficient

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Vision: Global leader in revitalizing wellbores

Started in 2015 - Based in Houston, TX

Focus on developing technologies to maximize wellbore recovery

Management team with extensive downhole tools background

BREATHE NEW LIFE INTO OLD WELLS

Maximize EUR from Existing

Wellbores

Reduction of personnel and logistics

Optimize deployment of resources

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Patented

Tubing/CT conveyed isolation tool

Pin-Point Re-stimulation of existing wells

100% hydraulic activation of all tool components

Qualified for both Acid and Proppant application

Patent granted: 20160230507 Apparatus for Injecting a Fluid into a Geological Formation

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Patented

BREATHE NEW LIFE INTO OLD WELLS

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Patented

A VIDEO SPEAKS A THOUSAND WORDS

GROWING THE PRODUCTION CURVE WITH THE LEARNING CURVE

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Year bbl/ft Lbs/ft Cluster spacing

PRE 2012 <30 <500 100 – 500+

2012 – 2014 30 1,000 60 – 100

2015 35 1,400 30

2016 50 1,700 15

2017 50 3,000 <15

2017

2016

2017

2015

Source: Pioneer

Cu

m. O

il P

rod

uct

ion

[b

bl]

Cu

m. O

il P

rod

uct

ion

[b

bl]

Days on Production Days on Production

BIGGER AND BETTER FRACS ARE MAKING BIGGER AND BETTER WELLS

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Proppant [lbs/ft]: Fluids [bbls/ft]: Stage Spacing [ft]

Oil Production Rate [BPD]

Source: EP Energy

PIN-POINT REFRACTURING:RETROFITTING NEW DESIGNS INTO OLD WELLS

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Year Eagle Ford Barnett Bakken Marcellus

2012 3,806 2,032 2,240 1,938

2013 4,400 1,602 2,763 2,182

2014 4,400 748 2,632 1,769

TOTAL: 12,606 4,382 7,635 5,889

Wells drilled per year:

Over 100,000 Refrac candidates in US alone(Bloomberg)

PUTTING IT ALL TOGETHER TO SEE IF IT’LL FLY

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FIELD TRIAL WELL FOR PROPPANT REFRAC

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2008 vintage Shale Well – 200 BPD IP

Pre Re-frac: 3 BPD

Lateral length: 2800 ft

Casing issues limited treatments to 20% of lateral

Casing Collapse

ACCESSING STRANDED HYRDOCARBON

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New PerfProp Frac

Old StageAcid

New PerfProp Frac

Old StageAcid

New PerfProp Frac

New PerfProp Frac

Casing Collapse

Original completion: 10 stages

Treat old stages w/acid (2 stages)

Treat new perf clusters with proppant laden fluid (4 stages)

220 ft

110 ft 110 ft

DRESSING THE TOOL FOR SUCCESS

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Conveyed via Stick Pipe on Pulling Unit

2-7/8” PH6 Work String

80 ft spacing between packers-> Adjustable on the rig floor

GETTING IN TOUCH WITH UNTOUCHED ROCK

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Tool Activation

ISIP similar to original frac

Tool Reset

Treating Pressure consistent with average treating pressure in initial frac

CONCLUSIVE EVIDENCE OF AN INDUSTRY FIRST PIN-POINT REFRAC

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Original Frac Comitt Re-Frac

Fluid Volume: 35 bbls/ft 50 bbl/ft

Proppant Volume: 500 lbs/ft 1000 lbs/ft

Stage spacing: 220 ft 110 ft

6 treatments placed successfully

Up to 170,000 lbs of sand placed into a single cluster

Pump rates of up to 17 BPM achieved into a single cluster

WHP increased from 0 psi pre-job to 1,400 psi post treatment

10x increase in oil production pre-stim/post-stim from only 20% of the lateral

IS THE INDUSTRY SITTING ON A PILE OF CASH?

ARE YOU SITTING ON A PILE OF CASH?

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Tens of thousands of Candidate wells

10x Production increasefrom 20% of wellbore

Pin-Point treatment- 100% product placement control

Field proven refrac system

Retrofit new designsinto old wells

Increase present valueof your existing assets

Maximize recoveryfrom all wells

Access stranded hydro carbon

Revitalize your aging assets

Increase production while lowering costs

EXCITE

TECHNOLOGY SOLUTIONS TO INCREASE ECONOMIC LIFE-TIME OF YOUR WELL

COMITT WELL SOLUTIONS LLC 1411 Vander

Wilt Ln, Katy, TX 77449 www.comitt.net16

Eivind MoenBusiness Development Manager

emoen@comitt.net

Brad HolmsVP Production Enhancement

bholms@comitt.net

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