P. 3 ~ Continued - SERVICES | SUPPLIERS

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Volant Solutions,

Houston, and Neuralog, another Houston firm, formed a strategic partnership to deliver a commercial integrated data management solution for the upstream oil and gas industry with Neuralog's NeuraDB™ E&P data management system integrated with Volant's ENVOY™ platform to efficiently transfer geoscience data from NeuraDB's database to IHS's PETRA interpretation application.

"With future plans to integrate additional geoscience applications into the NeuraDB platform, Neuralog and Volant can provide an even richer set of integration workflows to meet our client's E&P data management requirements," said Scott Schneider, president and CEO of Volant.

"Our goal is to develop a sophisticated, yet easy to use data management system that provides access to the best available data, directly within users' interpretation systems." said Tarun Chandrasekhar, head of development in data management.

RAK Petroleum Public Co. Ltd.,

Ras Al Khaimah, UAE, and DNO International ASA, Oslo, said their respective shareholders approved the merger of the two companies that is expected to be completed in January.

Bijan Mossavar-Rahmani, chairman and chief executive of RAK Petroleum as well as executive chairman of DNO International, said, "The enlarged DNO International will have a diversified Middle East and North Africa (MENA) portfolio with significant working interest reserves and production as well as regional roots and an experienced team of international management to help realize value."

The transaction values RAK Petroleum's MENA operating subsidiaries at $250 million and DNO International at $1.64 billion. RAK Petroleum already has a 30% stake in DNO, which will increase to 42.8% with the merger. However, RAK Petroleum agreed to reduce its holding to 30% in a manner of its choosing before the end of 2012.

The number of shares to be issued was determined through a relative valuation process based on an independent assessment of the two companies' oil and gas assets by international petroleum consultants DeGolyer & MacNaughton. Based on that assessment, DNO International´s net remaining proven and probable reserves consisted of 355 million bbl of oil equivalent in Kurdistan Region of Iraq and Yemen, while RAK Petroleum's net remaining proven and probable reserves consisted of 52 million bbl of oil equivalent in Oman and the UAE.

The combined entity will have approximately 630 employees and offices in Oslo, London, Erbil, Sana'a, Dubai, Ras Al Khaimah, Tunis, and Muscat. The transaction has been structured as the merger of two Norwegian companies in accordance with Chapter 13 of the Norwegian Public Companies Act. NORAK Holding AS, containing all RAK Petroleum's oil and gas assets, will merge into DNO MENA AS, a subsidiary of DNO International.

Hoover Materials Handling Group Inc.,