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Acquisition Propels Summit Drilling from Regional to National Leader

Ground breaking remediation technology enhances full service environmental capability

BRIDGEWATER, NJ, April 16, 2010, Summit Drilling Company, one of the Northeast’s largest environmental drilling companies, has acquired Pneumatic Fracturing, Inc. (“PFI”) of Alpha, NJ.

The merger, which will join the forces of two preeminent firms in their respective fields, was announced by Summit President and CEO, Robert R. Kreilick, Jr. “This acquisition transforms Summit Drilling, combining mission-critical injection services with a multidisciplinary drilling firm, enabling Summit to deliver on its promise as a full service environmental drilling company,” said Kreilick. “Summit’s operation area will expand with the merger as well. With more than 55 professionals and support personnel, combined with the integration of the PFI team, Summit will provide investigative and remediation services on a national level.”

Pneumatic Fracturing, Inc. is a full service environmental contracting firm dedicated to complete and satisfactory remediation of any site that presents unusual challenges. Since its inception, PFI has focused on expediting cleanup of sites that have not reached regulatory levels, source area remediation, targeted cleanup under structures and utilities, and an overall reduction of treatment time and capital costs. PFI has successfully applied their patented Pneumatic Fracturing and Pneumatic Injection technologies nationwide for consulting, Federal government and private organizations.

Summit’s clients include ExxonMobil, NJ Department of Transportation, US Army Corps of Engineers, top environmental consulting firms and the Department of Environmental protection Agency (EPA).

For more information about Summit’s industry-leading remediation technology, or extensive array of environmental drilling and sampling services, call 800-242-6648. Summit is headquartered in Bridgewater, New Jersey. Additional NJ locations in Kingwood and Delran.

81 Chimney Rock Road, Bridgewater, NJ 08807 Phone: 800-242-6648 Fax: 732-356-1009 © Copyright 2014. Summit Drilling Co., Inc.