Thermaprime Drilling Corporation

THERMAPRIME DRILLING CORPORATION � Incorporated in December 2010 and commenced operations in March 2011 � Engaged in well drilling services primarily geared for geothermal power plant operators � Currently services the drilling requirements of Energy Development Corporation (EDC), the largest producer of geothermal energy in the Philippines � ThermaPrime is now keen to explore business opportunities with other geothermal energy developers both in the Philippines and abroad � ThermaPrime currently has a manpower complement of 450 employees BASIC SERVICES Well Construction Management � Drilling of geothermal wells � Drilling of onshore oil and gas wells � Workover and acidizing � Well perforation � Well plugging and abandonment Maintenance of Drilling Rigs and Related Equipment � Maintenance of Drilling Rigs and Related Equipment � Equipment reconditioning � Equipment assessment � Equipment commissioning and integration � Preventive maintenance Peripheral Drilling Activities � Contractor management � Procurement � Rig mobilization/demobilization � Warehousing/ Inventory � Tubulars and Casings management � Camp management Consulting and Technical Advisory Services � Rig / Pad / Site selection � Downhole drilling problems � Well intervention techniques � New technology applications � Experimental design � Field / Resource development