Aug. 20, 2007

Fusion Petroleum Technologies Inc.

Houston, has announced agreements which expand the company’s presence in the Middle East.

Fusion has formed an alliance with the National Petroleum Services Co. of Kuwait (NAPESCO) to provide geophysical and geological technology, services, and software in the region.

Fusion subsidiary, Fusion Geophysical LLC, has announced formation of a joint stock company with two Libyan partners and one US partner. Libyan partners are the National Engineering Services & Supply Co. (NESSCO), and Al Daam Co. The US partner is Tex 26 Green Energy Ltd. The new company, named Fusion Libya, will provide Fusion technology, services, software, and management to the Libyan energy sector.

Grey Wolf Inc.

Houston, has named David J. Crowley as executive vice-president and chief operating officer. Prior to joining the company, Crowley served as senior vice-president of operations for Todco, a leading provider of offshore oil and gas drilling services that was recently acquired by Hercules Offshore Inc.

Grey Wolf Inc. is a leading provider of contract oil and gas land drilling services in the major natural gas producing regions of the US.

Pegasus International

Houston, has announced the appointments of Steve W. Shores as vice-president of operations for its onshore business unit, and Rebel LeBoeuf as vice-president of operations for the US offshore and subsea business units.

Shores, who holds a BS degree in mechanical engineering from the University of Tulsa, has 34 years of experience in the onshore oil and gas, and pipeline industries. He has held vice-president positions with two large engineering corporations.

LeBoeuf, who joined Pegasus in 2003, has over 25 years of engineering experience in the domestic and international offshore oil and gas industry.

Pegasus International is a full service engineering project and construction management consulting company, specializing in both offshore and onshore developments. The company has offices in the US, UK, and affiliates in Southeast Asia.

Pioneer Drilling Co.

San Antonio, has announced that Joyce M. Schuldt has joined the company as executive vice-president, chief financial officer, and secretary.

Schuldt previously had worked for Ernst & Young, CSI Leading Inc., and Maverick Tube, where she most recently served as senior vice-president, CFO, and secretary. She is a certified public accountant and an attorney.

Pioneer Drilling Co. provides land contract drilling services to operators drilling oil and gas wells in the south central US and Rocky Mountain region.