ThermaPrime Drilling Corporation

THERMAPRIME DRILLING CORPORATION • Incorporated in December 2010 and commenced operations in March 2011 • Engaged in well drilling services primarily geared for geothermal power plant operators • Currently services the drilling requirements of Energy Development Corporation (EDC), the largest producer of geothermal energy in the Philippines • ThermaPrime is now keen to explore business opportunities with other geothermal energy developers both in the Philippines and abroad • ThermaPrime currently has a manpower complement of 450 employees BASIC SERVICES Well Construction Management • Drilling of geothermal wells • Drilling of onshore oil and gas wells • Workover and acidizing • Well perforation • Well plugging and abandonment Maintenance of Drilling Rigs and Related Equipment • Maintenance of Drilling Rigs and Related Equipment • Equipment reconditioning • Equipment assessment • Equipment commissioning and integration • Preventive maintenance Peripheral Drilling Activities • Contractor management • Procurement • Rig mobilization/demobilization • Warehousing/ Inventory • Tubulars and Casings management • Camp management Consulting and Technical Advisory Services • Rig / Pad / Site selection • Downhole drilling problems • Well intervention techniques • New technology applications • Experimental design • Field / Resource development