PFL Petroleum Services Limited and First Flare & Repair LLC are excited to announce that PFL has
acquired a fifty percent interest in First Flare & Repair, a mobile railcar repair, transloading and
flaring company with locations in Texas and Ohio.

“First Flare & Repair has long been a strategic partner to PFL. The synergies of services and staff will significantly enhance our opportunities to serve the rail car industry. The interest purchased in First Flare will enable PFL to truly be a one stop shop for our clients rail car needs.”

– Curtis Chandler, President of PFL Petroleum Services LTD

“We are very excited to become a working partner with PFL. This relationship will provide us an increase in customer base and exposure, allowing us to focus on our superior services. We look forward to expanding our nitrogen generation and adding fixed facilities across North America. The two companies have shared a close relationship for many years.”

– Thomas Wood, Vice President of First Flare & Repair LLC.

PFL, together with First Flare & Repair, will offer a broad suite of railcar repair, inspection, cleaning,
flaring, maintenance, transloading, and nitrogen services. First Flare will also expand its SMART shop
services to offer mini-mobile shop locations within customer rail sites and shortlines.

First Flare will be well positioned to offer cleaning, repair and other services.
PFL’s current railcar storage, leasing, and cleaning services, along with First Flare’s repair and flaring
services will allow PFL and FFR to streamline competitive prices across the industry.