News

Probe management and staff are pleased to announce that Probe Technology Services has been awarded ISO 9001:2008 certification. ISO 9001 is a family of standards related to quality management systems and designed to help organizations ensure that they meet the needs of customers, shareholders and employees.

The certification of compliance with ISO 9001 recognizes that the policies, practices and procedures of our company ensure consistent quality in the services and work product we provide to our customers Achieving ISO 9001:2008 certification clearly demonstrates Probe’s company-wide commitment to supporting our partners with a quality product.

This commitment starts with our senior management and is fully embraced by all Probe’s personnel.

OTC is right around the corner, and Probe technology will be attending the OTC as well. As customary we show case our new down hole and surface measurement technologies but this year, we are commercializing an unprecedented number of new technologies related to down hole measurement and logging tools.

We will be demonstrating some of these new technologies such the iSet tool, our new Production Logging Suite, Corrosion string etc. Please make sure that you visit us in the main hall boot number 3953. The booth will contain product models, animations and other supporting elements that showcase our capabilities.

iSet™ Electro-Hydraulic Setting Tool Probe celebrates the first field test of the revolutionary new electro-hydraulic setting tool Successful completion of customer integration field test iSet™ (patent pending) was launched at the November 2014 ADIPEC show in the Middle East and generated extensive interest with the technology attracting consistently positive comments on the tools ease of use and intuitive Cyclops Touch user interface (patent pending).

Probe was subsequently invited to a North Sea client test well location to demonstrate the setting of several bridge plugs with sizes ranging from 4.5” to 7”. iSet performed as expected and impressed throughout the client directed test program, demonstrating the tools ability to pull high setting forces up to 65,000lbs with successful deployment in both vertical and horizontal sections of test casing.

iSet is an electro-hydraulic setting tool designed to be conveyed on Slickline with Alkaline or Lithium batteries or on E-Line in Surface Read Out mode.

Probe’s strategy revolves around developing fit-for-purpose technical tools and systems while providing customers with exemplary customer support. The Probe Technical Centers are responsible for delivering technical products and support systems while its Geo-Centers are responsible for front line customer support, training, repair & maintenance of tools as well as providing and maintaining a rental fleet of tools appropriate for that particular market.

Features Benefits Ease of use Remote controlled Quick reset Robust and reliable Safety – nonexplosive Bultiple runs before servicing Quick operational turnaround Operation log stored to memory Click here to view iSet bulletin

Probe Holdings, Inc. Announces the release of the iSet setting tool at ADIPEC Probe Holdings announces the release of the iSet Electro-Hydraulic Setting Tool. Showing at the 30th Anniversary of the ADIPEC Conference, the iSet has been developed by the Probe Aberdeen engineering team to offer a Safe Non-Explosive Setting tool.

Showing at Booth #4110, Hall 4, the iSet was designed with simplicity in mind but utilizes state-of-the-art technology. The ability to run the tool up to 25 times without it needing redress offers quick operational turnaround and significant cost savings. iSet also logs multiple internal sensor outputs to memory for download after operations if required.

David Coppé, CEO of Probe said: “we are extremely pleased to be unveiling our latest innovation at ADIPEC. The choice of ADIPEC highlights our commitment to the region, where Probe has a meaningful presence not just through our sales & marketing activities, but also with our ability to provide training and repair/calibration support services locally from our bases in the UAE and Saudi Arabia. We believe the iSet will help our customers, worldwide, maximize quick, efficient and safe deployment of downhole completion hardware without requiring explosive charges.”

The Probe ongoing strategy revolves around developing fit-for-purpose technical tools and systems while providing customers with exemplary customer support. The Probe Technical Centers are responsible for delivering technical tools and support systems and its Geo-Centers are responsible for front line customer support, training, repair and maintenance of tools as well as providing and maintaining a rental fleet of tools appropriate for that particular market.

For further information please contact: Neil Duncan neil.duncan@probe1.com Amr Riad amr.riad@probe1.com +971 4 3922365 Andy Elrick andy.elrick@probe1.com +44 1224 708470

Feb 3, 2014 – Probe Holdings, Inc. has acquired Isle Tools Ltd of Aberdeen, Scotland in an undisclosed cash and equity transaction. This oilfield technology-based acquisition is part of a strategic plan to create a world-class technical engineering and manufacturing group that can provide downhole tools and surface acquisition systems to the global oilfield service sector. David Coppe, Probe’s CEO commented “The Isle acquisition significantly strengthens our capabilities in electro-mechanical intervention, completion and drilling tools. The Isle team consists of a highly talented team (of four engineers and one highly experienced business manager) who will add a new suite of intelligent electro-mechanical intervention tools to the Probe portfolio; the first of which will be a next-generation, non-pyrotechnic plug setting tool (patent-pending) which is due for commercialization in 2014. Andy Elrick, Isle’s Managing Director stated “Joining the Probe platform allows us to rapidly accelerate our engineering efforts and bring our next-generation technology to market significantly faster than could have been achieved had we stayed independent. Iain Macleod, Isle’s Technical Director added “This is a fantastic opportunity to join a well-established company with a proven track record of engineering excellence in Aberdeen and around the globe. Probe’s strategy revolves around developing fit-for-purpose technical tools and systems while providing customers with exemplary customer support. Probe’s Technical Centers are responsible for delivering technical tools and support systems and its Geo-Centers are responsible for front line customer support, training, repair & maintenance of tools as well as providing and maintaining a rental fleet of tools appropriate for that market.

Probe Holdings, Inc. announces nomination of CEO and Chairman roles The Board of Directors of Probe Holdings, Inc. has named David Coppé as permanent President and Chief Executive Officer, effective immediately. Mr. Coppé has served as interim CEO since November 2012 while the Company conducted a search to fill the position. In conjunction with this change, Mr. Coppé will step down from his role as Chairman of the Board, with current Board member David Barr assuming the role.

“David Coppé has done an impressive job of filling the role of CEO during the search period” states David Barr. “This strong performance coupled with his intimate knowledge of the Company and his willingness to continue in the role, which will be based in Ft. Worth, TX, led to the Board making the role permanent. We believe that he will do an exceptional job in leading Probe through strong growth as we move forward.”

“I am truly excited to be part of Probe, building on a great technology platform in downhole measurement and instrumentation for oil & gas, and geothermal applications”, said Coppé. “With its ability to provide tangible, value-added support to a growing base of domestic and international customers, Probe is poised to capitalize on its unique technology offering to grow its markets. We plan on continuing to expand the range of products to meet the evolving needs of our customers, around the world.”

Mr. Coppé has extensive professional experience in oilfield services and technology as a field engineer, private equity investor and board member. He is a Co-Founder of Cadent Energy Partners and also worked as an energy investment banker for Goldman Sachs. Earlier in his career, Mr. Coppé was a Logging-while-Drilling (LWD) engineer, and a directional driller, working in various field locations in the North Sea, Venezuela and South East Asia. Mr. Coppé holds a Mechanical Engineering degree from the University of Louvain, Belgium, and a Master in Business Administration from the Massachusetts Institute of Technology. He currently serves as a director of Logan International (TSX: LII) and several other private oilfield services companies.