SUMMIT UNVEILS GROUNDBREAKING “TD LoCo” COMPOSITE CENTRALIZER

(Fort Worth, TX) – Summit Casing Equipment, the emerging leader in innovative oil and gas field casing equipment, today announced the unveiling of its state-of-the-art composite centralizer at the 2014 IADC/SPE Drilling Conference and Exhibition. The revolutionary Summit TD LoCo features a proprietary composite construction designed with a low coefficient of friction that allows casing to reach total depth at a greater rate of speed and efficiency. Its ultra-durable one-piece design is built for high impact stress and heat resistance to maintain its integrity under extreme well bore temperatures. “When you’re out in the field every extra second can matter,” said Mitchel Hansen, Chief Operating Officer for Summit. “The faster you can get to total depth, the more efficient the site is, saving the team both time and money. We designed the TD LoCo to provide that extra edge, both safely and economically.” Summit recently premiered a new orange and gray color palette selected for its innovative energy. Already this spring, Summit is experiencing expansive growth in its Permian Basin and Eagle Ford operations and has announced new locations in Greeley, CO and Williston, ND. “Summit’s cornerstone is our unyielding commitment to exemplary service,” said Jeff Reynolds, Summit’s Vice President of Sales. “The TD LoCo is an extension of that promise to provide the technical and service solutions that make up the ‘Summit Standard’.”