Effective January 11, 2007

National Oilwell Varco enhanced its position as the industry’s leading independent supplier of downhole tools by finalizing the acquisition of NQL Energy Services, Inc.

By combining some of the most respected brand names in the oilfield, two best-in-class workforces, two sizable rental fleets, and 40 downhole tool manufacturing and service facilities worldwide, National Oilwell Varco continues to reinforce its commitment to deliver the Right Tool, to the Right Place, at the Right Time.

Please visit the Downhole Tools link at www.NOV.com to obtain additional information about the complete downhole tool offering of National Oilwell Varco.

Customer Announcement

PDF Icon (1MB) Customer Letter PDF Icon (3MB) NOV Acquires NQL FAQs

NQL Energy Services Inc.(formerly NQL Drilling Tools Inc.) is a leading independent supplier of directional and performance/straight hole drilling tools on a global basis, and a world class oilfield manufacturer.

National Oilwell Varco is a worldwide leader in the design, manufacture and sale of comprehensive systems and components used in oil and gas drilling and production, tubular inspection, internal tubular coatings, integrated systems, downhole tools, lifting and handling equipment, as well as in providing supply chain integration services to the upstream oil and gas industry.

Visit www.nql.com for more information.

Visit www.nov.com for more information.
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