Titan Signs Product Distribution Agreement

Titan Specialties, a leading provider of perforating and cased-hole logging technology, has signed an agreement with Promperforator, LLC, to distribute Titan products in Russia, Turkmenistan, Kazakhstan, Azerbaijan, Belarus, Ukraine, Uzbekistan, Armenia, Kyrgyzstan, Moldova, and Tajikistan.

“Naming Promperforator as our distributor opens up the Russian oil and gas market for Titan products,” said Ken Babcock, Titan Chief Executive Officer. “Promperforator is a supplier to the major Russian oil and gas operators and our products will complement its extensive perforating equipment product line.”

Marat Khayrutdinov, General Director of Promperforator, added, “We are proud to distribute Titan’s industry-leading perforating guns, shaped charges, TCP systems, detonators, and addressable and select fire perforating switches to our Russian customers.”

Titan Specialties designs, manufactures and distributes perforating gun systems, shaped charges, Tubing Conveyed Perforating (TCP) Systems and electronic well-logging instrumentation for the global oilfield services industry. The company is headquartered in Pampa, Texas, and has more than 400 employees. Titan has manufacturing facilities in Pampa, Milford, Oklahoma City and Tyler, and a network of distribution centers and distributors worldwide. Visit www.titanspecialties.com.

Promperforator, established in 2002, specializes in manufacturing and distributing shaped charges, perforating systems, detonating cords and electrical blasting caps for well logging and perforating in the oil and gas industry. Promperforator also offers a comprehensive line of well completion products and provides transportation of dangerous goods.