Altos Partners Launches with Institutional Backing from Falcon Investment Advisors

HOUSTON, February 12, 2015 – Altos Energy Partners (Altos), the former energy practice of Maxim
Partners of Chicago, has established a dedicated private equity platform in Houston, Texas to focus
exclusively on middle-market energy service companies. Falcon Investment Advisors has renewed its
joint venture with Altos, which includes backing for new deals from its latest $910 million fund, Falcon
Strategic Partners IV, LP. The Altos team will continue to oversee existing Falcon-backed energy service
portfolio companies Laney Directional Drilling Co. and Integrity Directional Services.

Team leaders Ryan Franco and K. Rick Turner are joined by three new general partners: Mike Davis, a
37-year veteran of Baker Hughes International, whose most recent roles included President of Baker
Hughes US Land Pressure Pumping, President of Baker Hughes Canada, and President of Baker Hughes
Russia; Manny Gonzalez, who lastly served as Executive Vice President at R360 Environmental Solutions,
the nation's leading environmental oilfield waste management company, and was CEO of its
predecessor, US Liquids of Louisiana; and David Lytle, who lastly served as Chief Commercial Officer for
Saddle Butte Pipeline, a Yorktown Partners-backed midstream developer, and was formerly Vice
President of Business Development for Boardwalk Pipeline Partners.

Collectively, the Altos and Falcon principals have made over a dozen successful energy investments,
representing more than $500 million of capital commitments, in exploration and production, drilling and
drilling equipment, oilfield waste management, drilling fluids, midstream infrastructure, rotating
equipment, fabrication, construction, and MRO. Currently, Altos is focused on buyout and
recapitalization opportunities with oilfield service, midstream and infrastructure supply chain companies
generating $8-30 million of EBITDA. The firm's minimum investment size is $20 million and Altos has the
ability to provide significant follow-on capital along the way to a maximum commitment size of $80

"Altos is a compelling solution for many energy service companies looking to high-grade their
performance," stated Managing Director, Ryan Franco. Rick Turner added, "Through our joint venture
with Falcon, not only do we provide a one-stop- shop for all of the junior capital, but Altos' operating
partners bring proven management solutions to the problems middle-market companies face across
industry cycles." Sven Grasshoff, Falcon's partner-in- charge of the joint venture stated, "The oil and gas
industry is a fundamental part of Falcon's diversified portfolio strategy construct and we plan to be
active investors in 2015 and 2016". He added "we are excited about our partnership with Altos and look
forward to supporting their efforts over the long-term."

About Altos Partners

Altos invests in the middle-market energy services sector, partnering with top caliber executives who
serve as Executive Chairmen or CEOs to take portfolio companies to "new heights" through operational
best practices, strategic planning, and deep industry contacts. We typically acquire a 33-75% ownership
position via a flexible combination of subordinated debt, preferred equity and common equity, and
specifically seek out incumbent owners who are ready to embrace transformative change. For more
information about Altos Energy Partners, please visit

About Falcon Investment Advisors

With offices in Boston and New York, Falcon provides innovative capital solutions in amounts of $15
million to $75 million to middle market companies throughout North America. Since its founding in
2000, Falcon has invested in over 60 companies in a broad range of industries to support acquisitions,
recapitalizations, buyouts and organic growth. Falcon has extensive leveraged finance and private
equity experience and has earned a reputation for being flexible, creative and responsive. For more
information about Falcon Investment Advisors, please visit