2014

General Director Volgaburmash, JSC Alexander B. Bosnak VOLGABURMASH, JSC MISSION Development and introduction of scientific, technical and process engineering solutions, that in the ultimate way ensure that our partners efficiently produce natural resources used for the benefit of people

Was established in 1948 One of the largest drill bits manufacturing companies in the world roller cone bit designs 350+ designs of PDC bits, core bits, near-bit stabilizers and string stabilizers company employees м² - total area of manufacturing facilities and storage premises of the company pcs per year – is the factory load Background

Specialized Design Bureau designs and develops new bit designs in 3D software systems Siemens NX used by the major world companies Design and Development 300+ patents innovations

Siemens NX is used to develop CNC data for bits manufacturing that are then used by high-precision machining centers. Drill Bits Manufacturing

Most advanced production facilities: multi-axis machining centers chemical and heat treatment center plasma welding machine for applying wear-resistant coating on the journals making leg forgings according to 3D models, etc. Production Facilities

Over 350 designs of PDC bits with steel or matrix body ranging from 3 ¼ to 17 ½ in diameter, as well as core bits, near-bit stabilizers and string stabilizers Over 1000 designs of roller cone bits for oil & gas and mining industry with steel teeth or tungsten carbide inserts ranging from 3 ¾ to 26 in diameter. Products

Roller Cone Bits

Diameter: 95,3 – 660,4mm (3 ¾ – 26) Product lines: Slimhole, SlimholePro, GrandPro, Motor, MotorPro, Storm, Standart Formations drilled : - Soft low-strength - Soft and medium low-strength - Medium high-strength - Hard semi-abrasive and abrasive - Very hard and abrasive Diameter: 95,3 – 660,4mm (3 ¾ – 26) Product lines: Slimhole, SlimholePro, GrandPro, Motor, MotorPro, Storm, Standart Formations drilled : - Soft low-strength - Medium and medium-hard high-strength - Hard semi-abrasive Tungsten Carbide Inserts Roller Cone Bits Steel Teeth

PDC Bits

Full diameter drilling vertical, directional and horizontal wells Diameter: 83 – 444,5mm (3¼- 17½) Formations drilled: - Soft - Medium - Hard - Abrasive Drilling with simultaneous hole-opening Diameter: 120 – 215mm (4 ¾ – 8 ½) Formations drilled: - Soft - Medium Coring in vertical, and directional wells Diameter: 140 – 374,6mm (5 ½ – 14 ¾) Formations drilled: - Soft - Medium - Hard PDC Bits FD, sFD Product LinesBD Product LineCB Product Line

Full diameter drilling vertical, directional and horizontal wells Diameter: 212,0 –393,7mm (8 3/8 – 15 ½) Formations drilled: - Soft - Medium - Hard - Abrasive Full diameter drilling vertical, directional and horizontal wells Diameter: 212,0 –393,7mm (8 3/8 – 15 ½) Formations drilled: - Soft - Medium - Hard - Abrasive Near-bit stabilizers Centralizers Near-bit Stabilizers and Centralizers

WiperTrip Subs New Products Roller-Cone Hole-Openers Bladed Hole-Openers

International Quality Recognition Volgaburmash Quality Management System complies with ISO 9001:2008 requirements Approved quality management system applies to design and manufacture of Roller and Polycrystalline Diamond Compact (PDC) Drill Bits Effective Date: February 28,2013 Expiration date: November 17, 2014 API Specification Q1 Approved Volgaburmash quality management system applies to design and manufacture of Roller and Polycrystalline Diamond Compact (PDC) Drill Bits Effective Date: February 28,2013 Expiration date: November 17, 2014 Volgaburmash Quality Management System complies with ISO/TS requirements Approved quality management system applies to design and manufacture of Roller and Polycrystalline Diamond Compact (PDC) Drill Bits Effective Date: February 28,2013 Expiration date: November 17, 2014

International Quality Recognition

Volgaburmash products are supplied to over 40 countries, including Iran, Australia, Syria, Chile, the USA, the UAE etc. Geographic Reach

More than 60 partners, including: LUKOIL SAKHALIN ENERGY SLAVNEFT KUZBASSRAZREZUGOL

Companys Foreign Partners TURKMENNEBIT UKRGASVYDOBUVANNYA JORDAN GOVERNMENT

Companys Foreign Partners

Yandi West Angelas Hope Downs 1 Hope Downs 4 Pannawonica MESA A Pannawonica MESA J Mt Keith - WA Sishen Mine - South Africa Collinsville Coal - QLD Cadia - NSW

Volgaburmash, JSC renders services of well construction engineering support, for this purpose the Company has established its own Bit Service Department. It ensures that the Customer gets the maximum bit performance by means of optimum bit selection and constant control of drilling modes. In addition, the direct link manufacturer – customer enables Volgaburmash, JSC to promptly respond and modify the bits according to specific applications. Service Support

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