Natural Resources >> Analyst Interviews >> February 18, 2008

OUTLOOK FOR OILFIELD SERVICES COMPANIES – R. THADDEUS VAYDA – STIFEL, NICOLAUS & COMPANY, INC.

TWST: As you look back at the oilfield services sector in 2007, what were the

high points and the low points?

Mr. Vayda: We experienced new all-time highs in the OSX in the back half of