INTEGRATING NEW TECHNOLOGY WITH HIGH-RESOLUTION DOWNHOLE DATA ANALYTICS

2. 27 June 2022 © Copyright 2022 Sentient Tools Engineering Corporation. All Rights Reserved. CONFIDENTIAL. Sentient Tools Sentient creates data loggers for the oil and gas industry. With 50 years of cumulative of experience in this field, we are the experts you are looking for. We are always looking to improve our products, and provide our clients with the most cutting edge technology possible at fair pricing. BRINGING SOLUTIONS TO LIFE

3. 27 June 2022 © Copyright 2022 Sentient Tools Engineering Corporation. All Rights Reserved. CONFIDENTIAL. Sentient Tools Why Sentient? ◦ Leadership of global R&D team ◦ Proven track record of invention and innovation We specialize in… ◦ Mechanical, Electrical, Materials and Computer Engineering ◦ Software Development ◦ Project Management BRINGING SOLUTIONS TO LIFE

4. 27 June 2022 © Copyright 2022 Sentient Tools Engineering Corporation. All Rights Reserved. CONFIDENTIAL. Current Market Pains Lack of Raw Data for Analysis ◦ Oilfield wants and needs data analytics to improve efficiency ◦ Surface data is generally available; Downhole data is generally not Honour System for billing ◦ Financial collections based on usage ◦ Client claim of poor tool performance without evidence R&D Design Validation challenges ◦ New downhole mechanical equipment field testing is expensive ◦ Lack of data to perform analysis – not efficient No Preventative Maintenance ◦ Lack of data to predict tool or component life on downhole equipment

6. 27 June 2022 © Copyright 2022 Sentient Tools Engineering Corporation. All Rights Reserved. CONFIDENTIAL. DOWNHOLE DATA LOGGERS RECON MK1 Miniature high-density data logging tool that captures high- resolution data to provide the most accurate picture of the drilling environment. RECON TR1 Tiny logging tool that captures statistical and burst environmental data to provide a high quality overview of the drilling environment. RECON LT1 Tiny indicator that can measure the use of equipment for preventative maintenance schedules. RECON CB1 (in development) Collar-based device so it measures and records force, torque and pressure.

8. 27 June 2022 © Copyright 2022 Sentient Tools Engineering Corporation. All Rights Reserved. CONFIDENTIAL. HOW RECON™️ ADDRESSES THE PAIN Lack of Raw Data for Analysis  Recon loggers can provide enormous amounts of high-resolution data for analysis Honour System  Data shows clearly when and how tools were used in the field  There will be no back-and-forth with customers Design Validation  Actual high-res data for the entire test of every tool  R&D decisions can be based on data, not assumptions of events No Preventative Maintenance  Environmental data and usage can be actively tracked  Preventative maintenance schedules can be based on how used, not how much used

10. 27 June 2022 © Copyright 2022 Sentient Tools Engineering Corporation. All Rights Reserved. CONFIDENTIAL. ALL DATA IS NOT EQUAL Data Integrity is Paramount ◦ Proper hardware filtering and mechanical mounting is essential to assure data is accurate Resolution Needs Based on Use Case ◦ 1000Hz data is great, until you try to email a 100GB file ◦ 1Hz matches most surface data ◦ Frequency domain needs higher resolution Timely Reporting is Essential ◦ Analysis two weeks late is of little use ◦ Simple PDF report on site may be enough to address issues

11. 27 June 2022 © Copyright 2022 Sentient Tools Engineering Corporation. All Rights Reserved. CONFIDENTIAL. WHAT CAN YOU GET FROM RECON™️ DATA? General Overview ◦ Quick high-level review between runs to gut-check the drilling performance Low-Resolution Comparative Studies ◦ Look at the vibrational environment to determine causes of damaged equipment ◦ Determine if operational procedure changes are have a desired effect High-Resolution Analysis and Event Identification ◦ Look for shock events that correspond with equipment failures Environment Causal Analysis ◦ Determine if aspects of the environment are caused by certain parameters ◦ Look at time and frequency domain

25. 27 June 2022 © Copyright 2022 Sentient Tools Engineering Corporation. All Rights Reserved. CONFIDENTIAL. R&D & TOOL OPTIMIZATION The RIPstick is a drilling optimization tool which autonomously mitigates downhole torque and WOB spikes through a novel and fully mechanical design, ultimately yielding the best anti-stall and anti-stickslip tool on the market. Optimizes Drilling Performance Fully Mechanical Robust Design

26. 27 June 2022 © Copyright 2022 Sentient Tools Engineering Corporation. All Rights Reserved. CONFIDENTIAL. DRILLING OPTIMIZATION Precision's Alpha suite of technologies delivers exceptional value to our customers by reducing risks, time and overall well cost. AlphaAutomation Efficient & consistent process execution  A fully integrated reflexive drilling system  Automating repetitive drilling activities  Optimized, repeatable, consistent performance on every well

INTEGRATING NEW TECHNOLOGY WITH HIGH-RESOLUTION DOWNHOLE DATA ANALYTICS

INTEGRATING NEW TECHNOLOGY WITH HIGH-RESOLUTION DOWNHOLE DATA ANALYTICS

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