`
`I, the below named Declarant, state as follows:
`
`My name is Juan Jose Pena Giraldi.
`
`I am currently the Chief Financial
`
`Officer for Packers Plus, a position I have held since 2010. Over the past twenty-
`
`five years I have had extensive experience in international finance specializing in
`
`oil and gas, manufacturing and industrial products. I am familiar with Packers
`
`Plus’ StackFRAC system, and with Packers Plus’ sales of that system.
`
`Since it was founded in 2000, Packers Plus has grown from a company of
`
`only a handful of individuals generating less than a million dollars in revenue to, at
`
`its height, employing more than 900 employees around the globe and generating
`
`-in annual U.S. revenue. The StackFRAC system has been critical to
`
`that success. Since StackFRAC was first introduced, Packers Plus has sold tools
`
`for or performed fracture treatments for tens of thousands of StackFRAC stages in
`
`the United States. That work accounts for the vast majority of Packers Plus’
`
`overall revenue and profits.
`
`The success and importance of this technology has been recognized in the
`
`industry. Packers Plus and the individuals responsible for its success have won the
`
`2009 Ernst & Young Canadian Entrepreneur of the Year Award, the 2010 SPE
`
`Meritorious Engineering Award, the 2012 Sproule Innovation and Achievement
`
`1 of 14
`award, and the TechRev Innovator Award. The Ernst & Young Award is
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`particularly prestigious as competitors may come from a variety of different
`
`industries—past winners include Cirque De Soleil and WestJet.
`
`In addition,
`
`Packers Plus has been recognized as the top service company in Canada by Alberta
`
`Oil magazine. The exhibits attached to this declaration are articles describing these
`
`awards.
`
`Further, Declarant sayeth not.
`
`I, the above-named Declarant, hereby declare that all statements made herein
`
`ofmy own knowledge are true and that all statements made on information and belief
`
`are believed to be true; and further that these statements were made with the
`
`knowledge that willful false statements and the like '.
`
`~ ade are punishable by fine
`
`a f the United States.
`
` or imprisonment, or both, under Section 1“
`
`Date: December 2, 2016
`
`2 of 14
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`CSUFI
`H1“. Candler:
`Unconventional
`Resources
`
`,
`
`1
`
`m
`
`PRESS RELEASE
`
`October 3, 2012
`
`UNCONVENTIONAL INDUSTRY AWARDS INNOVATIVE THINKING
`
`Each year, at the CSUR Fall Conference, the Sproule Innovation and
`Achievement Award is presented to an industry representative who has
`made significant contributions and accomplishments towards advancing the
`development of unconventional resources in Canada.
`
`represented Sproule Associates
`Douglas Carsted, VP of GeoScience,
`(sponsor of the Award), and presented the 2012 Award to Dan Themig.
`
`Dan, President of Packers Plus, was an early innovator in the development
`of modern hydraulic fracturing technologies, enabling the recovery of oil
`and gas from shale and similarly challenging hydrocarbon reservoirs,
`particularly using horizontal wells. He continues to be a catalyst within the
`industry for the evolution of reservoir completion technologies that are
`unlocking North America's oil and gas resources.
`
`The actual presentation took place on October 3rd during the 14th Annual
`Unconventional Resources Conference (Free to the Future) at the Telus
`Convention Centre in Calgary.
`CSUR President, Kevin Heffernan
`congratulated Dan on this
`recognition and on his game-changing
`contributions to the industry.
`
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`Pictured above — ieft to right - from Sproule, Douglas Carsted; Award winner, Dan Themig;
`from CSUR, Kevin Heffernan
`-30-
`
`For more information, piease:
`
`Check out the news section of our website a- httgllwwwcsurcomfnews OR
`
`Contact: C. Willemsen, Communications, CSUR -= cwillemsen@csur.com or 403—233-9298
`
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`Dan Themig Biography | Packers Plus
`
`MENU 5
`
`Dan Themig
`
`Co—founder, CEO & CTO
`
`
`
`DAN THEMIG - COwFOUNDER. CEO 8: CTO
`
`Dan Themig is the Co-founder, CEO 8: CTO of Packers Plus Energy Services Inc.
`
`Mr. Themig prototyped technologies that revolutionized the oil and gas industry and enabled
`
`producers to economically access reserves in unconventional plays. Over his 30 year career, he
`
`has served in various engineering and technical positions in Canada and the US, and has been
`
`involved in advanced horizontal and multilateral projects worldwide. In 2000, Mr. Themig and
`
`two partners started Packers Plus in Canada; today, the company has a presence in 32 countries
`
`worldwide.
`
`Mr. Themig holds a B.Sc. in Engineering from the University of Illinois and an MBA from
`
`Oklahoma State University. He is a registered professional engineer and a member of the Society
`
`of Petroleum Engineers (SPE). He also serves on the board of directors for several energy industry
`8 of 14
`companies. Mr. Themig received the 2010 SPE Meritorious Engineering Award, the 2012 Sproule
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`Dan Themig Biography | Packers Plus
`
`An avid mountain climber, Mr. Themig married his wife Karen near the Base Camp of Mount
`
`Everest. He currently resides in Calgary and enjoys spending time on his ranch with his family.
`
`@335 Plus.
`
`DO IT ONCE. DO IT RIGHT.
`
`Copyright © 2016 Packers Plus Energy Services Inc.
`
`Terms & Conditions | Contact Us | Media Kit
`
`0000
`
`Our Company
`
`Who We Are
`
`Proven Performance
`
`Commitment to Safety
`
`Work With Us
`
`Working at Packers Plus
`
`Canada Positions
`
`US Positions
`
`International Positions
`
`Systems & Solutions
`
`New Technologies
`
`High Pressure! High Temperature
`
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`Dan Themig Biography | Packers Plus
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`Spotlight on TechRev Innovator 2014 Award Winner — Packers Plus [ Global Oil and Gas Industry News I The OGM a ENERGY | TECH | CULTURE
`
`GM
`
`imagination
`
`(.or‘nrnunicatiant
`. [onlnnova e
`lllllODKI-mlmi‘...
`,_
`
`ttt‘i‘rgy '
`i
`7
`information a
`
`tech nology' '
`:Ilteitigu I ICL’
`
`by Danielle Lamon
`
`m u I
`
`TechReV Innovator Award Winner — Packers Plus
`
`The TechRev Innovators list. sponsored by Innovate Calgary. recognizes technology innovators across a wide range of industries for outstanding
`technologies. applications. and stories. This year marks the awards in its sixth incarnation. The nomination deadline is on August 24, and the TechRev
`Innovators 2015 event will be hetd on October 7.
`
`The criteria for the list states that the nominees must be headquartered in southern Alberta. Companies may be at any stage of development and must
`offer Showbox working products or services with tech-based commercial enterprises. They are then grouped into categories for pre-revenue and early-
`stage, growth stage. and leadership and broken down further into specific tech areas. Companies are evaluated on a number of factors such as financial
`performance, operational growth. and market viability. Nominees need to have the potential to achieve significant revenues and can be private or public
`ventures with external investors. For this reason, government agencies. not—for-profit organizations. and Lifestyle companies are ineligible.
`
`Packers Plus
`
`One ofthe winners on the TechRev 2014 list was Packers Plus. a company that specializes in open-hole. multi—stage completion systems for horizontal.
`vertical. multi-Iateral, and high pressure1high temperature (HPHT) oil and gas wells that present technical challenges. To qualify as one out of eleven
`11 of 14
`names on the award list, Packers Plus had to compete with 600 other nominees. "We are honored that Packers Plus has been presented an award for
`TechRev Innovator 2014," said CEO Dan Themig on reception of the award. "The competition from the other nominees was outstanding and we are
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`Spotlight on TechRev Innovator 2014 Award Winner — Packers Plus | Global Oil and Gas Industry News | The OGM — ENERGY [TECH | CULTURE
`
`Packers Plus was celebrated for being an established leader and innovator in the industry and recognized for developing the StackFRAC system.
`StackFRAC is the first ball show box system used to complete horizontal wells in multiple stages and enabled operators to maximize production in tight
`rock formations and mature fields. Packers Plus has revolutionized the industry through these horizontal wells and gas plays.
`
`The Calgary-based company was founded in 2000 by Dan Themig. Ken Paltzat, and Peter Krabben with the focus to provide innovative completions
`solutions to operators in the oil and gas industry. In 2001 the StackFRAC system was introduced, allowing access to shale gas that had not been
`monetariiy feasible to produce in the past.
`
`In 2004. operators started evaluating the use of StackFRAC to tap natural gas from the Bakken play in Canada, which oil producers had long ago
`dismissed as inviabie. That same year in Texas, Packers Plus installed the RapidMATRIX system—acid stimulation in carbonates using limited. entry to
`evenly distribute stimulation fluid across isolated intervals. In 2005. they opened a second office in Houston.
`
`By 2007. Packers Pius had completed wells in Saudi Arabia, China, Mexico, Argentina, Romania, and the Democratic Republic of the Congo. The
`company was awarded Ernst & Young’s Entrepreneur ofthe Year for the prairies and for all of Canada, in 2009.
`
`The company developed the QuickFRAC system in 2010, which uses limited entry to selectively stimulate multiple stages with a single treatment from
`the surface. The system was designed to evenly distribute batch fractures in a select zone of the wellbore. That year also launched the SF Cementor,
`used for cemented-back monobore completions to reduce debris issues and post-cement cleanout costs.
`
`After opening new offices in Pennsylvania, Colorado, and China, Packers Plus moved into its MX Manufacturing Centre in Edmonton in 2013. The
`facility was the first of its kind because of the use of robotic assembly, and by testing a torquin system with a proprietary traceability method.
`
`Today, Packers Plus continues to be an innovative leader in the oil and gas industry. In May, the company announced the launch of the ePLUS Retina
`monitoring system. The technology will be used to observe downhole events and their effects on the reservoir. "Uncertainty in downhote operations can
`lead to costly delays." says Themig. “In the current context, the Retina system will allow operators to make on—the-tly operational adjustments with real-
`time data, ensuring a successful stimulation and maximum cost savings."
`
`This year. Packers Plus celebrates 15 years within the oil and gas industry. “Our future is innovation, a long-term focus. trying to anticipate where the
`industry is headed and then really be a key supplier and a good company to do business with for our customers," stated Themig in an article published
`in 2013. "Our continued role into the future is to bring game-changing innovation to markets around the world instead ofjust in North America. We're a
`strong force in the industry right now.“ Packers Plus has more than delivered on that role, and will hopefully do so for many years to come.
`
`From The OGM, Happy Anniversary Packers Plus, congratulations on your achievement. and thank you for your continuing insight and development of
`innovative technology in oil and gas.
`
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