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Monday January 11, 8:57 am Eastern Time
Company Press Release
CNH Holdings Announces NSG Has Been Awarded an Off-Shore Drilling
Disposal Contract Through MI Drilling Fluids
KILGORE, Texas--(BUSINESS WIRE)--Jan. 11, 1999--CNH Holdings Company Inc. (OTC BB:CNHH - news) announces
its wholly owned subsidiary NORM Service Group, Inc. has been awarded the contract through MI Drilling Fluids a subsidiary of
Smith International (NYSE:SII - news) to handle, transport and dispose of off-shore drilling fluids and cuttings from a major oil
company rig off New Orleans. This scope of work will be handled through NORM's Kiva dock site located in Galveston Bay.
This is another milestone for NORM Services as they steadily move forward to increase their client base. Among the Client base:
Master Service Agreement Customers
Applied Drilling Technology, a Subsidiary of Global Marine Inc. (NYSE:GLM - news), Exxon Company, U.S.A. (NYSE:XON -
news), Forest Oil Corporation (OTC BB:FOILP - news; NYSE:FST - news), Hamman Oil & Refining Co., Houston
Exploration Company (NYSE:THX - news), Hunt Petroleum, I P Petroleum Company, Inc. a Subsidiary of International Paper
(NYSE:IP - news), Mariner Energy, Inc., Matrix Oil & Gas, Inc., Mitchell Energy (NYSE:MNDA - news), Nippon Oil
Exploration U.S.A., INC., ORYX Energy Co. (NYSE:ORX - news), Seagull Energy Corporation (NYSE:SGO - news), Swift
Energy Co. (NYSE:SFY - news), Triton Engineering, a Subsidiary of Noble Drilling Corp. (NYSE:NE - news).
Non-Master Service Agreement Customers
Baroid Drilling Fluids, a Subsidiary of Halliburton Company (NYSE:HAL - news), Energy Environmental, L.L.C., Ensearch Exploration Corporation (NYSE:EEX -
news), M B Energy Services, Panaco (Nasdaq:PANA - news), Samson Resources Company, Tetra Technologies, Inc. (NYSE:TTI - news), Texas Meridian
Resources (NYSE:TMR - news), TransTexas (NYSE:TTG - news), Vintage Petroleum, Inc. (NYSE:VPI - news).
Moving forward NORM Services Group Inc. is continually pursuing more customers to enhance its client base in the NORM and NOW cleanup environments plus
Gulf of Mexico offshore rigs requiring drilling fluids and cutting disposal.
CNH is a diversified oil and gas company in the business of oil and gas production / leases (Southport); supplying rental services (maintenance / manpower /
equipment / service) to off-shore oil rigs and on-shore oil well sites (NSG Rentals); and waste disposal / cleaning up of NORM (Naturally Occurring Radioactive
Materials) and NOW (Non-Hazardous Oilfield Waste) environments (NORM Services Group). For more information, visit the Company's home page on the
World Wide Web: normcleanup.com
Safe Harbor Act Disclaimer: This release may contain forward-looking statements that involve risks and uncertainties, including, without limitation, continued
acceptance of the company's products and services, increased levels of competition, new products and technological changes, the company's dependence upon
financing, third-party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filings, annual report, offering
memorandum, or prospectus.
Contact:
CNH Holdings Company Inc., Kilgore
Gerald Pybas, 903/984-6425
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