SCF Portfolio Companies, Centurion Group, Oil Patch Group, SITE and WTS Combine to Form Global Energy Supply and Infrastructure Services Company

ABERDEEN, Scotland–(BUSINESS WIRE)–SCF Partners is pleased to announce the strategic merger of its
portfolio companies, Centurion Group, Oil Patch Group, SITE Energy
Services and Waste Treatment Solutions, to create a formidable global
player in the energy supply and infrastructure services market. The
combined Centurion Group will operate from bases in the United Kingdom,
the United States, Canada, the Netherlands, the Caspian, Singapore, and
Australia.

Each company will continue to operate under its existing brand name and
the company will be headquartered in Aberdeen. Peter Stuart, SCF
Managing Director, will step in as interim CEO with the current
Centurion CFO, Euan Leask, assuming that role for the combined company.
Colin Welsh will take on the role of Chairman with Sean Rice also
joining the combined company board. Each of the existing company CEOs
will continue to lead their respective businesses.

Each of the individual companies’ lenders are supportive of the merger
and have all participated in new term loan and revolving facilities for
the combined company. The new facilities will provide the enlarged
Centurion Group with greater financial flexibility and the opportunity
to invest in accretive M&A and organic growth opportunities.

Centurion Group, led by CEO Keith Moorhouse, provides specialist rental
equipment and services on a global scale to both the oil and gas and
mining sectors. It comprises eight business units: Conserve Oilfield
Services, ATR group, Safety and Technical Hydraulics, Jacks Winches,
RentAir Offshore, Seanic Ocean Systems, Tristar Water Solutions, and
Mining Camps Australia.

Oil Patch, led by CEO Jim Elzner, a provider of rental equipment and
services to support oil and gas drilling and completion work, has
operations throughout Texas, North Dakota, Oklahoma, New Mexico and
Arkansas. The company focuses on accommodation and support services,
downhole drill pipe and tubular rental products, and production testing
and flow back.

SITE, led by CEO Lyle Reid, is a project solutions and integrated
services provider that delivers remote access, infrastructure, and
environmental services for construction and maintenance projects across
Western Canada. The company operates nine branch offices serving the oil
& gas, mining, infrastructure, renewable energy, power, and
environmental sectors.

Waste Treatment Solutions, led by CEO Trevor Williams, is an integrated
oilfield equipment supplier of combined sewage treatment, dual generator
and lighting systems, packaged with work camps for remote rig camps, rig
sites and completion sites in Alberta, British Columbia, and all of
Western Canada’s oil and gas industry.

About SCF Partners

Founded in 1989, SCF Partners (“SCF”) provides equity capital and
strategic growth assistance to build leading energy service and
equipment companies that operate throughout the world. The firm is
headquartered in Houston, Texas and has additional offices in Calgary,
Singapore and Aberdeen. SCF currently oversees approximately $2 billion
under management and has built more than 70 platform services companies,
completing over 300 growth acquisitions, through partnerships with
energy services and equipment entrepreneurs.

For additional information about SCF, please visit SCF’s website at www.scfpartners.com.

Contacts

SCF Partners
Theresa Eaton, 713-227-7888
Managing Director
[email protected]