VIBRATION TECHNOLOGY, INC. – A LAYNE CHRISTENSEN COMPANY

Vibration Technology, headquartered in Shreveport, Louisiana, has developed proprietary equipment that utilizes acoustic theory to transmit standing wave resonant energy over long intervals of pipe in oil and gas wells. Typical applications of the technology are to free and recover stuck downhole tubulars. The company has achieved successful results in well depths of 18,000 feet and well deviation of 90 degrees. Vibration Technology currently has under development equipment that will further extend its operational capabilities.

Vibration Technology was founded as an oil field service in 1996 by a group of individuals with experience and background in the field of stuck tubular recovery. The company was established to provide resonant energy services for stuck pipe applications. Leveraging the oilfield experience and technical competence of its engineering and management staff, the company has developed proprietary equipment and procedures that allow the efficient application of this technology in ordinary day to day situations which result in reduced operating cost for the customer.

Vibration Technology is the only company that specializes in providing pipe vibration services. The company operates proprietary equipment designed specifically for oilfield use and features compact, mobile equipment that is quick to rig-up, easily transportable, requires no auxiliary services, and is highly effective in providing an efficient service. With a pricing strategy that makes the service affordable for the oil operator, and related to value delivered, Vibration Technology has created a win-win situation for both customer and supplier alike. Vibration Technology is available on a 24-hour