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October 6, 2014

Probe Holdings, Inc. Announces the release of the iSet setting tool at ADIPEC

Probe Holdings, Inc. Announces the release of the iSet setting tool at ADIPEC Probe Holdings announces the release of the iSet Electro-Hydraulic Setting Tool. Showing at the 30th Anniversary of the ADIPEC Conference, the iSet has been developed by the Probe Aberdeen engineering team to offer a Safe Non-Explosive Setting tool.

Showing at Booth #4110, Hall 4, the iSet was designed with simplicity in mind but utilizes state-of-the-art technology. The ability to run the tool up to 25 times without it needing redress offers quick operational turnaround and significant cost savings. iSet also logs multiple internal sensor outputs to memory for download after operations if required.

David Coppé, CEO of Probe said: “we are extremely pleased to be unveiling our latest innovation at ADIPEC. The choice of ADIPEC highlights our commitment to the region, where Probe has a meaningful presence not just through our sales & marketing activities, but also with our ability to provide training and repair/calibration support services locally from our bases in the UAE and Saudi Arabia. We believe the iSet will help our customers, worldwide, maximize quick, efficient and safe deployment of downhole completion hardware without requiring explosive charges.”

The Probe ongoing strategy revolves around developing fit-for-purpose technical tools and systems while providing customers with exemplary customer support. The Probe Technical Centers are responsible for delivering technical tools and support systems and its Geo-Centers are responsible for front line customer support, training, repair and maintenance of tools as well as providing and maintaining a rental fleet of tools appropriate for that particular market.

For further information please contact: Neil Duncan neil.duncan@probe1.com Amr Riad amr.riad@probe1.com +971 4 3922365 Andy Elrick andy.elrick@probe1.com +44 1224 708470

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