Coral Reef Capital Announces Acquisition of ROC Service Company

New York, NY (April 24th, 2015) – Coral Reef Capital LLC (“Coral Reef”)
announced today that, through CRC Resources Fund II LP and in conjunction with management, it has acquired ROC Service Company, LLC (“ROC” or the “Company”) from Turnbridge Capital, LLC. Financial terms of the transaction were not disclosed.

ROC is a leading provider of wellsite and facility services to exploration and production and midstream companies operating across the United States. The Company is headquartered in Bridgeport, Texas and has eleven operating locations across multiple North American oil and gas basins.

Jared Powell, a Principal of Coral Reef, said, “We are ecstatic to have the chance to partner with such a great team. The Company’s dedication to its customers and employees has established it as a clear market leader with a strong track record of growing value for all of its stakeholders.”

Locke Lord LLP served as legal counsel to Coral Reef. Financing for the transaction was provided by GE Capital Corporate Finance – Oil & Gas. Lazard Middle Market served as financial advisor to the Company.

About Coral Reef Capital
Coral Reef Capital is a New York-based private investment firm that is exclusively focused on private equity investments in the natural resources sector, including oil & gas exploration and production, metals & mining, agricultural minerals, energy and related infrastructure and services. For more information, please visit www.coralreefcapital.com.

About ROC Service Company
ROC Service Company, LLC is a leading provider of mission critical wellsite and facilities services to exploration and production and midstream companies operating across the United States. The Company’s service offering spans the entire lifecycle of hydrocarbon production and includes: the preparation and installation of wellsites and production facilities for drilling, completion and production activity; the maintenance or replacement of surface facilities and production infrastructure throughout their economic life; and the decommissioning and abandonment of wellsites and assets as dictated by customers’ diminishing returns and/or compliance with regulations. ROC operates from eleven district offices across eight states. For more information, please visit www.rocserviceco.com.