C&J Energy Services

In October 2006, Energy Spectrum invested in C&J Energy Services (“C&J”), a coiled tubing and pressure pumping company primarily focused on the South Texas market. C&J expanded its operations by opening new facilities in East Texas and Oklahoma, and by adding multiple fracturing and coil tubing fleets, positioning the Company to serve producers within the Haynesville and Eagle Ford Shale plays. In July 2011, C&J went public on the New York Stock Exchange (Ticker: CJES). In November 2012, Energy Spectrum monetized its remaining ownership in C&J.