2016

New Wave Energy Services is committed to the protection and enhancement of corporate resources, in terms of its

personnel, contractors, equipment, work site, the general public, and the environment.

Mission Statement:

There are four dynamic links to New Wave Energy Services’ successful safety management system. They are:

• Vision A workplace free of accident or incidents achieved by its employees, and respected as a contributor to our overall

performance and future.

• Mission To be an industry leader in health and safety, based upon safety performance standards, employee innovation and

adherence and safe business practices.

• Principles New Wave will comply with all applicable regulatory agency requirements. New Wave will not compromise the health

and safety of its employees and the public. New Wave Energy Services will provide the required training and resources

to work safely.

• Success Indicators New Wave will on a regular basis benchmark their health and safety management system against prescribed

industry safety standards and continually strive to for improvement.

1. Continuous Updates to HSE Program:

Completed COR External audit October 20, 2014 with a score of 92%

• Continual internal development and improvement of HSE Manual

• Owner Client Requirements

2. Member of ISNetWorld: 400-186795

• 19 Owner Clients

• Average Grade B/Green

3. Member of Complyworks

• 8 Owner Clients

• Average Grade Green

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4. Member of PICS

• 2 Owner Clients

• Green

5. Member of PEC Safety

• 3 Owner Clients

• Green

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New Wave Energy Services is head-quartered in Calgary, Alberta, with offices in Enid, OK, Bismarck, ND, Dallas and Midland, TX. The Canadian offices include Red Deer, Olds and Fort St. John, BC.

The buffer tank is a professionally engineered tank with three compartments allowing a three phase separation on well flow back reducing not only our client’s upfront frac water storage costs, but their post frac, flowback costs as well. This process minimizes cleaning and maximizes the reuse of fluid providing the only separation process of its kind. Not only reducing flowback disposal volumes, the New Wave buffer tank is instrumental in recovering sellable oil, which greatly increases client’s cost of ownership. The New Wave buffer tank is one of the preferred products in the oil and gas industry used for flowback. It also includes an integrated manifold system and a 2 – 5 million BTU stream coil heating system which prevents freezing, reduces labor costs and increases reliability to work in harsh weather conditions. When the buffer tank is used with the addition of New Wave’s Modular Tanks on flow back, we are able to eliminate the use of extra pumps by utilizing gravity flow back.

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Specifications:

• Patent pending

• 1,250bbl capacity

• Dimensions: 10’H x 50’L x14’W (55’ skid)

• Internal manifold system

• Open top

• 124bbl per minute flow rate capacity

• 2-5 million BTU steam coil heating system

• 3 phase fluid separation compartments

• Eliminates additional flow back tank farm

• Transported in one truckload

• No matting required

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Major Benefits:

• Reduces trucking costs | transported in one

• Reduces set up time & labor costs

• Internal manifold system prevents freezing, increases

reliability & eases operation

• Three phase (sand/water/oil) separation & fluid

recovery on well flow back

• Minimizes cleaning and maximizes reuse of fluid

• Reduces flow back disposal volumes from 1,887

bbl/well to 189 bbl/well

• Flow rate capacity accommodates high rate fracs

• Steam coil heating system reduces heating costs

• Eliminates working tank & additional flow back tank

farms

• Open top for ease in fluid measurement

• No matting required

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Multiple uses:

• Working tank during frac

• Fluid heating

• Flowback separation and fluid recovery

• Flowback recycling

New Wave’s above ground, modular frac water storage tanks offer our customers with the most cost effective water storage solution in the industry. Our professionally engineered tank panels are designed with our innovative flanged/bolted connections to provide the strongest, safest, most reliable, modular tank connection in the industry. Ideal for water storage in multiple oil & gas applications, our line of Modular Storage Tanks reduce the on-site footprint required by traditional frac water storage options. Transported in skidded carrying cases, all Modular Storage Tanks can be transported on site in 1 – 3 truck loads and feature quick set up and demobilization, that can be completed in less than one day. Combining our Modular Storage Tanks with the Buffer Tank, clients our provided with streamlined fracwater storage options which reduces not only our client’s upfront frac water storage costs, but their post frac, flowbackcosts as well.

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Tank Sizes Height Diameter

39,700bbl 10’ 169’

26,800bbl 10’ 138’

21,400bbl 8’ 138’

18,900bbl 10 115’

12,600bbl 10’ 99’11’

12,600bbl 8’ 108’’

Major Benefits:

• Reduced trucking costs & road usage | transported in

one/three truckloads

• Additional lease space

• Minimal ground disturbance

• Reduced heating costs | covers available for heat

retention & insulated tank walls/floor with multiple

heating options available

• Short construction & tear down time | 10 - 12 hour set

up for largest tank

• Set up only requires a single Tele-handler | no track

hoe required

• Transported in skidded carry case | no picker truck

required

• Rapid leak detection

• Flanged connections prevent pinch points

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Multiple uses:

• Temporary storage tank (individual fracs)

• Central hub with pumping to multiple well sites

• Flowback/Produced Water

• Water recycling storage

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Standard Equipment:

• 4”, 6”, 8”, 10” and 12” fill lines available

• Professionally engineered stairway system

• Liner clamping/strapping

• All hardware required for assembly

• Experienced workers provide dirt work, mobilization and

demobilization

Options

• 30 – 40 mil liners (*double liner can be installed)

• Geotextile

• Floating covers offer reduced heating cost providing heat

retention when working in cold weather conditions and

evaporation concealment in warm weather conditions

• Bird netting and animal control available

• Liner disposal

• Insulated Panels

New Wave is one of the few elite Water Transfer companies servicing North America. From engineering systems of pumps, layflat, manifolds and flowback operations, the New Wave team can provide tailored water transfer designs specific to the customers needs. Our experienced team members have worked in all weather conditions, giving them the ability to work in harsh climates of any terrain. New Wave provides services water sourcing, permitting, long distance transfer, frac support, high speed loading/unloading stations, flow back and flow back management. A wide variety of pumps are available to meet your requirements. Our single reel deployment can be used in 660 foot sections or large reel deployment in 3,940 feet, saves on trucking costs and labor while reducing footprint. Customer satisfaction and safety are the driving forces at New Wave.

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Major Features and Benefits:

• Fast Reel Deployment System | Lower Deployment Cost and Reduced Labor

• Various Size Pumps Available | Lower Cost on Pumps for Lower Rate Requirements

• Digital Flow Meters | Piggable, Data Recorder Option and Provide Digital Accurate Display

• Line Pigging | Minimal Water Loss and No Water Cuts on Sensitive Land and Erosion

• Experienced Personnel | 80% of Work Force has Over 1 Year of Water Transfer Experience

• 10" Fracmaster Polyurethane Hose | 200 PSI Working & 600 PSI Burst; the Most Durable Hose on the Market

• Short Hose Lengths Available for Space Out | Safe on Shipping Costs and Ensures a Timely Rig In

• Safe Radio Communication | Provides up the Minute Communication Between Employees

• 10" Loading Manifold on Front Side of 1,250bbl Buffer Tank | Capable of 180bbls into Buffer Tank

• 10" Frac Manifold on Front Side of 1,250bbl Buffer Tank | Only 2X8" Hoses into Common Suction for blender to

Prevent Trip Points/Leaks

• Specific Pit Manifolds for Dual Pumps into Single Line | No Down Time Should Pump Go Down

• Multiple Specialty Fittings Available | Splits Single Line into Dual for Chemical Injection Manifold Reducing Pressure

• Fully Stocked Job Trailers | Reduced Down Time on Repairs, Spare Parts, Spill Kits, Fire Extinguishers and Fittings

• Pumps With Spill Containment Built In | No Spills, Quicker Rig In, No Liner Material Left Behind

• Pumps Capable of 100bbls per Minute | Reduced Equipment Requirements to Match Frac Rates

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Standard Equipment:

• 8” and 10” Polyurethane Layflat Hose

• Single Reel Deployment

• 4 X 4 Pumps – 10 X 8 Pumps with Over 120 Pumps

Available

• 47 Submersible Pumps Ranging from 1” to 10”

• **Additional Equipment Provided as Per Job

Requirement

Additional Equipment:

• ATV’s

• Light Towers

• Command Centres

• Various Road Crossings

• Digital Flow Meters

• Job Trailers

• Acid Tanks

Sales Contacts

Randal Strickland, U.S. Vice President, Sales rstrickland@newwavees.comMobile: (432) 234-8290

Kris Vardell, Permian Sales Rep.kvardell@newwavees.comMobile: (432) 967-6286

Johnny Walton, Oklahoma Sales Rep.jwalton@newwavees.comMobile: (580) 541-7096

Don Olson, Rockies Sales Rep.dolson@newwavees.comMobile: (701) 580-2559

Corporate Contacts

New Wave Energy Services Ltd. 1000 Texan TrailGrapevine, TX 76051Office: (432) 202-6744

Liam Balfour, Chief Executive Officerlbalfour@newwavees.comCAN Mobile: (403) 560-9953US Mobile (432) 556-9654

Rick Geisel, President rgeisel@newwavees.comMobile: (432) 202-6744

Dean Macleod, Vice-President Water Transferdmacleod@newwavees.comCAN Mobile: (403) 318-3716US Mobile: (432) 202-4196

Ryan Leininger, Vice President US Operationsrleininger@newwavees.comMobile: (701) 570-4920

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Anadarko

JM Cox Resources

Apache

XTO

Laredo Petroleum

Greystone Oil and Gas

Atlantic Operating

Quantum Resources

Jagged Peak

Reliance Gathering

Fasken Oil and Ranch

Breitburn Operating

Company

Oasis Petroleum

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Outlet Side of 1250bbl Buffer Tank:

• Neat and clean with reduced trip hazards

• Multiple suction tie in points

Inlet Side of 1250bbl Buffer Tank:

• Ability to handle 120bbls / min

• Multiport high rate distribution

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Typical Discharge Setup at Water Source:

• 2 Pumps into single line through wye

• Digital full flow water meter

• Pig recovery manifold

Frac Suction Side:

• Neat and Organized

• Flanged outlets all with control valves

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Standard Chemical Treatment for Slipstream

Injection | Inlet:

• Note pigging in wye’s line | Ability to pig back to

pit

Outlet Side of Treatment:

• Pigging wye capabilities

• Can run Bypass line around treatment for

pigging operations back to water source

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Pump Information:

• 10X8 high volume water transfer pump

• Self contained to eliminate spills

• Capable of 100bbl / min

• Double 8” Suction

• Setup for 10” Vic Discharge

• Pit Valves on all pumps to maintain prime

Acid Tank Specifications:

• 500 bbl acid tanks

• Suction Manifold

• External Gauge board

• Loading candy cane

• Sealed with over pressure release