Endurance and NCS Multistage Announce Successful Bone Spring

NEWS RELEASE
For immediate release Media contact: Kristin Early (for NCS Multistage) [email protected] 214-­‐213-­‐8857 Endurance and NCS Multistage Announce Successful Bone Spring Completion HOUSTON, March 25, 2015 — Endurance Resources LLC and NCS Multistage, LLC announced their recent completion of the Broadcaster 29 Fed 3H located in the Permian Basin, southeast New Mexico. The well has a cemented production casing string incorporating 40 NCS casing sleeves. During the completion, the sleeves were opened for single-­‐point injection using the patented Multistage Unlimited frac-­‐isolation assembly deployed on coiled tubing. Approximately 3.7 million pounds of proppant was placed in the 4-­‐day operation. "With an initial IP of 2,826 BOE (83% liquids) and a 30-­‐day average IP of 1,620 BOEPD, the Broadcaster 29 Fed 3H is on its way to becoming one of top performers in the area," said Kale Jackson, Endurance's lead completion engineer. “We’ve been closely monitoring our results compared with offset plug-­‐and-­‐perf completions. With 5 months of uninterrupted production data, there is clear indication of a 35% uplift in overall EUR compared with the offsets." Since the Broadcaster 29 Fed 3H, Endurance has completed four additional wells using the NCS system. Another 205 NCS casing sleeves have been run and shifted, including 70 sleeves in one mile-­‐long lateral that used 5.5 million pounds of proppant. About Endurance Resources Endurance Resources LLC, located in Addison, Texas, focuses on the Bone Spring oil play in Lea and Eddy Counties, New Mexico. Over the last 5 years, the company has assembled a diverse financial, technical, and operating team to execute both aspects of its strategy: developing its existing asset base and making new acquisitions. About NCS Multistage NCS Multistage, LLC, is the world leader in coiled-­‐tubing-­‐deployed fracturing technology used in multistage completions. The independent technology and services company has operated throughout North America, Mexico, Argentina, Australia, China, and Russia, with a record of more than 6,000 field successes. The company is headquartered in Houston, Texas. More information is available at www.ncsmultistage.com.