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EnerCrest, Inc. Acquires KC Harvey

Integrated oilfield services company extends environmental leadership through the addition of world-class sciences team.

Big Piney, Wyoming – Nov. 15, 2006 – EnerCrest, Inc., an integrated oilfield services company based in Wyoming, achieved a major milestone this week with the acquisition of KC Harvey, Inc., one of the region’s leading environmental consulting firms. EnerCrest’s oilfield construction and environmental solutions businesses are centered on offering stateof- the-art environmental oilfield service solutions to its customers across the Rocky Mountain region. KC Harvey is a fourteen person environmental consulting firm based in Bozeman, MT that is focused on soil science, surface water resources, land reclamation, environmental impact assessment, oil and gas produced water management, and environmental permitting.

In early 2006, EnerCrest and KC Harvey struck a strategic consulting agreement that has culminated in the merger of the two companies. “This acquisition marries KC Harvey’s world-class soil, water and reclamation science capabilities to EnerCrest’s suite of oilfield service offerings and has established the leading environmentally-driven oilfield services company,” said Shaun Andrikopoulos, EnerCrest’s Chief Executive Officer. “At the end of the day, this combination of science and implementation capabilities enables us to help our customers maximize operational efficiency while minimizing the environmental footprint of their operations for years to come.”

KC Harvey’s practical, science-driven approach has earned it a global reputation for some of the best problem-solving and innovative approaches to soil and water management, including coalbed methane produced water management in Wyoming’s Powder River Basin and habitat restoration in Wyoming’s Jonah natural gas field. Kevin Harvey, the founder of KC Harvey, brings a 25 year track record in environmental consulting to EnerCrest. “With national and international attention being focused on oil and gas development in the Rocky Mountains, we see the market need to accelerate the implementation of our scientific work into practical, real-world solutions for our customers,” said Mr. Harvey. “EnerCrest is now unique in its ability to apply cutting edge science to mainstream oilfield services, enabling it to solve complex environmental issues in the field. Ultimately, that means better stewardship outcomes for our customers’ operations and the environment as a whole.”

The KC Harvey team of science professionals will focus on integrating innovative environmental best management practices across EnerCrest’s oilfield construction service offerings. Additionally, the KC Harvey team will spearhead EnerCrest’s launch into produced water management and site restoration. KC Harvey’s business will operate as a wholly-owned EnerCrest subsidiary and will continue to provide independent environmental science consulting to its wide range of customers. Mr. Harvey will continue to serve as President of KC Harvey and will serve as Executive Vice President and Chief Scientist for EnerCrest. He will also be added to the board of directors on EnerCrest, Inc. “The integration among EnerCrest’s service divisions enables our management to work with our customers on planning, implementing, and monitoring results. It means we have a lot more control over service quality and operational efficiency. We can identify and act on opportunities more quickly,” said John Villar, EnerCrest’s Executive Vice President and Chief Operating Officer.

About KC Harvey
KC Harvey was founded by Kevin Harvey, MSc, a board certified soil scientist with 25 years of environmental consulting services to the public and private sectors throughout the U.S., Canada, Mexico, Australasia, and Europe. The company currently employs fourteen science professionals with expertise in the fields of soil science, land reclamation, environmental chemistry, geochemistry, hydrology, agronomy, plant ecology, range science, water resources engineering and geotechnical engineering. KC Harvey has provided counsel to executives in the oil and gas, mining and agriculture industries, regulatory agencies, and has extensive experience managing complex, multi-disciplinary projects in the environmental sciences arena. Mr. Harvey’s practice focuses on soil science, surface water resources and land reclamation. He has particular expertise in the management of produced water for the oil and gas industry, including the development of innovative managed irrigation techniques. Mr. Harvey has conducted over 100 produced water management projects throughout the Rocky Mountain region for the oil and gas industry.

About EnerCrest, Inc.
EnerCrest is a Wyoming-based integrated oilfield services holding company. It was established in 2005 to serve the rapidly growing oilfield services industry in the Rocky Mountain region. The company’s strategy is to establish an operating platform that is underpinned by industry best practices and top-tier executive management. EnerCrest’s business model is centered on providing efficient, environmentally-sustainable solutions to its energy and mining customers. Its current oilfield service lines include pipeline construction, heavy equipment construction, ready-mix concrete, aggregate, oilfield supply, station construction, roustabout, environmental permitting and monitoring, produced water management, storm water management, and surface reclamation. EnerCrest is committed to providing a safe and zero tolerance drug and alcohol-free work environment.

Contacts:
Kevin Harvey, MSc, CPSSc
KC Harvey, Inc.
(406) 585-7402

Hank Romaine, CFO
EnerCrest, Inc.
(307) 276-4777


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