Management believes the proposed acquisitions provide a solid platform for substantial growth. The acquisition company has a strong reputation and has a key customers with substantial opportunity for growth. Additional growth through expanding the business to all the major operators will be a top priority.

In addition, GeoBio intends to take advantage of the strong, loyal customer relationships of the proposed acquisition. The stellar performance, quality and safety record of the company will be a significant competitive advantage. The proposed acquisition, is known for its quick and effective response to customer problems tailored to the needs of individual gas and oil wells. This competitive advantage has generated customer loyalty, consistent growth and profitability and provided customers with optimum production efficiency. Through a proactive sales and marketing effort GeoBio expects to expand the customer base. .

The demand for oil and natural gas continues to increase in North America and around the world. New exploration and production is expanding at a rapid pace, especially in the shale areas of the U.S. The newly developing Marcellus shale play in Pennsylvania along with Texas and Louisiana shale plays are all expansion areas. GeoBio also expects to grow organically by (i) expanding geographically through the existing relationships of its pending business acquisitions and (ii) taking advantage of synergies between customer bases. Additionally, GeoBio intends to add to these capabilities through multiple key strategic acquisitions, which will add both geographic reach and new capabilities. At present, several additional acquisition opportunities are currently being evaluated.

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