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LONDON, June 10 /PRNewswire/ — Tullow Oil plc (Tullow) announces that it has signed a Memorandum of Understanding with Eni UK (Eni) for the sale of its 51.69% interest in the offshore Hewett Unit fields and related infrastructure, including the onshore Bacton terminal. The total consideration for the transaction is 210 million pounds Sterling, payable in cash on completion and Eni will also assume Tullow’s share of all associated abandonment liabilities. At 31 December 2007, net booked Commercial Reserves associated with the Hewett Unit totalled 10 Bcf and current production from the Hewett complex is approximately 12 mmscfd net to Tullow’s interest.
The Memorandum of Understanding forms the basis for definitive sale and purchase documentation which will be signed over the coming weeks. Tullow expects the transaction to complete by the end of 2008, once relevant approvals have been obtained. Eni is an existing partner in the Hewett Unit and the acquisition of Tullow’s stake will raise Eni’s total ownership in the Unit to an 89% operated interest.
The Southern North Sea gas business remains a core Tullow asset. Recent portfolio adjustments leave the company better placed to add significant value and increase its already significant position in the basin. Thames area fields will continue to export gas via the Bacton terminal.
Commenting today, Aidan Heavey, Chief Executive of Tullow said:
“The sale of Hewett completes the restructuring of Tullow’s Southern North Sea interests and will free up capital for further investment in the region and across the Group. Today’s transaction brings total 2008 portfolio management proceeds to approximately US$1 billion and leaves Tullow ideally placed to fund the major growth anticipated over the coming years.”
Notes to Editors
Tullow is a leading independent oil & gas, exploration and production group, quoted on the London and Irish Stock Exchanges (symbol: TLW) and is a constituent of the FTSE 100 Index. The Group has interests in over 100 exploration and production licences across 23 countries and focuses on four core areas: Europe, Africa, South Asia and South America.
Tullow’s European interests are primarily focused on gas in the UK Southern North Sea where it has significant interests in the Caister-Murdoch System and the Thames-Hewett areas and operates over 70% of its production. The company also has interests offshore the Netherlands and Portugal.
In Africa, Tullow has exploration and production in Gabon, Cote d’Ivoire, Mauritania and Equatorial Guinea and two large appraisal and development programmes in Ghana and Uganda. Tullow also has exploration interests in Mauritania, Senegal, Congo (DRC), Tanzania, Madagascar, Namibia and Angola.
In South Asia, Tullow has exploration and production in Pakistan and Bangladesh and high impact exploration activities in India.
In South America, Tullow has high impact exploration interests in Trinidad and Tobago, French Guiana and Suriname.
For further information please refer to our website at .

Contact:
Aidan Heavey
Tom Hickey
Chris Perry
Tullow Oil plc
44-20-8996-1000
- or -
Brian J. Rafferty
Taylor Rafferty
212-889-4350

Tullow Oil plc

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HARTFIELD, Va., May 19 /PRNewswire-FirstCall/ — Xcelplus International Inc. (Pink Sheets: XLPI) announces the pending appointment of MAG International Inc. () as a new OEM distributor of Flextek Flex Fuel Conversion technology ().
The U.S. Air Force recently accepted MAG’s bid to provide a new fleet of off road vehicles designed to reduce exhaust emissions. Reducing the exhaust emissions of its fleet is a major concern of the Air Force. The vehicles supplied by MAG will use Flextek technology to allow the vehicles to utilize emission reducing E85 fuel.
As an OEM Flextek distributor, MAG will be marketing to military installations and other government facilities as well as private off-road vehicle purchasers including farms, refineries, stadiums, hotels, resorts, casinos, amusement parks, airports, building complexes, universities and colleges.
“We are very excited about the purchase and OEM agreements with MAG International Inc.,” said Bill R. Smith, president of Xcelplus International Inc. “We have been saying for some time now that rising concerns about exhaust emissions and record high gasoline prices will work to make Flextek a household name in fuel conservation. The decision of MAG International to use Flextek as part of their military application package marks a major milestone for Xcelplus.” Their initial order of 450 plus units is a great start to this new relationship.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Xcelplus International believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Xcelplus International or any other person that the objective and plans of Xcelplus International will be achieved.
Xcelplus International Inc.

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LOS ANGELES, May 2 /PRNewswire/ — VYCON, , the designer and manufacturer of high-speed flywheel based, environmentally friendly, energy storage systems, today announced that Xiamen Songyu Container Terminal (XSCT), has placed an order for six REGEN systems for new ZPMC RTG cranes scheduled for delivery this year. This is the first sale of a REGEN System by VYCON partner Shanghai-based, Zhenhua Port Machinery Co., Ltd. (ZPMC).XSCT is a joint venture between A.P. Moller-Maersk (APM) and Xiamen Port Holding Group. It started with limited operations in April of 2007 and is known for utilizing the most advanced crane equipment available on the market. XSCT’s decision to fit their new crane purchase with Vycon’s REGEN system was driven by their commitment in preserving the environment by utilizing technologies that deliver proven results in reducing emission and fuel consumption reductions.”We are very pleased to be working with ZPMC and to be supplying XSCT with the REGEN system,” said Vatche Artinian, President and CEO, Vycon. “APM is a major port operator in the shipping industry and their deployment of the REGEN System continues to confirm the benefits port operators are receiving from our technology. APM offers VYCON a significant opportunity within their worldwide port operations.”The REGEN System is a California Air Resources Board (CARB) verified flywheel technology for emissions reduction that provides port operators with a return on investment by reducing fuel consumption.About VYCONVYCON is an innovator in the design and manufacturing of technologically advanced, flywheel based, energy storage systems that enable a highly reliable, cost effective and “Green” energy storage solution for a variety of applications. VYCON’s products are applied in the power quality markets to provide back-up power in mission critical applications and in the energy re-cycling markets for capturing and regenerating energy in crane, electric rail and distributed generation applications. VYCON is a publicly listed company on the AIM market of the London Stock Exchange and is headquartered in Orange County, CA.About AP Moller-MaerskA.P. Moller-Maersk is a global group involved in a diverse range of business industries such as transportation, oil production and ship building. They are a worldwide organization with 110,000 employees and offices in around 130 countries — with global headquarters in Copenhagen, Denmark. In addition to owning one of the world’s largest shipping companies, they are also involved in a wide range of activities within the energy, shipbuilding, retail and manufacturing industries.About Xiamen Songyu Container Terminal (XSCT)XSCT is a joint venture between AP Moller-Maersk and Xiamen Port Holing Group, each with a 50% share. Located in the Southeast of Haicang district in the Xiamen Port serving the Fujian Province in China. XSCT has a quay length of 1,246 meters, yard area of 353,000m2 and a quayside water depth of 17 meters. Expansion is underway laying the foundation for a future international terminal. For more information visit: DISCLAIMERThis announcement does not constitute, or form any part of, any offer or invitation to sell, allot or issue, or any solicitation of any offer to purchase or subscribe for, any securities, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment for securities, which should only be made on the basis of information contained in the admission document issued in connection with the Placing.The issuance of securities in the Placing has not been and will not be registered under the applicable securities laws of the United States, Canada, Australia or Japan. The distribution of this announcement in other jurisdictions may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdictions. VYCON

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VANCOUVER, April 28 /PRNewswire-FirstCall/ — Wyn Developments Inc. (the “Company” or “Wyn”) announces Daniel Kesonen, Rick Timcke, Pieter Danielsson, Ian Klassen, Craig Robson and Dennis Espadilla have agreed to become Wyn Metals Inc (”Wyn Metals”) new management team and lead the company upon shareholder approval of the proposed mineral exploration asset ’spin-out’ at the Company’s Annual General and Special Meeting April 30th, 2008.Upon said shareholder approval, Wyn Metals will proceed with a private placement financing consisting of 10,000,000 units and 3,000,000 flow through units at a price of $0.10 per unit for gross proceeds of up to CAD $1,300,000. Each unit will consist of one common share and one share purchase warrant exercisable for two years at the price of $0.15 per share. Each flow through unit will consist of one flow through share and one share purchase warrant exercisable to purchase one non-flow through share for a period of two years at the price of $0.15 per share. A total of $600,000 of the proceeds will be reserved for exploration expenditures on resource exploration projects including the Company’s Thrust Project, a portion will be used to fund the costs of the arrangement and the balance for general working capital and general and administrative expenditures.It is the intention of Wyn Metals’ new management to seek a listing for Wyn Metals shares on a recognized Canadian stock exchange within 120 days of the effective date of the arrangement.Shareholders of record on April 2nd, 2008 are entitled to vote on the resolutions of the Company’s Annual General and Special meeting, and, upon approval, Wyn shareholders as of the effective date (to be determined), will receive 1 new share in Wyn Metals for 11 existing shares of Wyn Developments, and Wyn Developments will change its name to Canada Gas Corp. and consolidate its share capital at a ratio of 5 old for 1 new share.No assurance can be given that the Company’s shareholders will approve the arrangement or restructurings, that the intended private placement will be completed, or that Wyn Metals will obtain a listing on a recognized exchange.All of the above is subject to court, shareholder, and regulatory approval.For more information on the Company and the Wyn Metals arrangement, please refer to the Company’s shareholder information circular available at . THE WYN METALS INC. MANAGEMENT TEAM Albert (Rick) Timcke Chair and DirectorMr. Timcke has more than 16 years experience in the public equity markets and has an expansive working knowledge of Canadian-based resource issuers. Mr. Timcke entered the public equity markets industry in 1990 in a position with the Dow Jones Company, with a specialization in early-stage markets. Over the next 7 years Mr. Timcke gained additional knowledge on the bond, money market and foreign exchange markets. He ended his career at Dow Jones specializing in the junior equity markets. In 1997, Mr. Timcke became Vice President of Corporate Development for a Canadian-based and publicly traded resource issuer and was responsible for raising significant financing for this company for exploration and corporate development activities. In 1999, Mr. Timcke became President, CEO and Director of a U.S. publicly listed company. In this position, Mr. Timcke raised capital for corporate expansion, led company operations and successfully sold the company in 2002. In the past 5 years, Mr. Timcke has raised capital for resource companies focused on mineral exploration and mine development. Daniel Kesonen President and Chief Executive Officer, DirectorMr. Kesonen is currently Chairman and Director of Wyn Developments Inc and the current Managing Director of RLK Investment Group, an international investment and venture capital corporation, with offices in Florida and Zurich, Switzerland. He is Chair & CEO of Nevtah Capital Management Corp., an oil and gas technology company trading on the OTC market. Mr. Kesonen is President & CEO of Pegasus Pharmaceuticals Inc., an advanced technology company for early, non-invasive screening of heart disease trading on the OTC market. Prior to his direct involvement in venture companies he served in the role of Vice President with Shearson Lehman Brothers, E.F. Hutton and A.G. Edwards & Sons. Mr. Kesonen was instrumental in bringing the Company and its Northeast British Columbia oil and gas projects to the attention of European institutional investors. Pieter Danielsson DirectorMr. Danielsson has in excess of 29 years of banking and international business experience with Nordfinanz Bank, Citicorp Private Bank, Zurich, Interallianz Bank AG/M.M. and Warburg Bank (Schweiz) AG, among others. He is currently CEO and Chair of the Advisory Board of Quantum Economic Development Ltd, serves as Chair of Danco Securities Ltd., Zurich, Avis Financial Corporation, New York, and is Deputy Chair of Tola Solar AG, Vienna. Ian Klassen DirectorMr. Klassen currently serves as President of Grande Portage Resources Ltd, a Canadian junior resource exploration Company focused on massive sulphide exploration on Vancouver Island, BC. In addition, he is a founding Director of GMV Minerals Corp a resource exploration company active in central British Columbia. Mr. Klassen is an (Honours) B.A. graduate from the University of Western Ontario and is a recipient of the Commemorative Medal for the 125th Anniversary of the Confederation of Canada in recognition of his significant contribution to his community and country. Craig Robson Director, Corporate SecretaryMr. Robson is a self-employed management consultant with extensive experience in all aspects of financial markets. Mr. Robson was previously employed by C.M. Oliver as Vice-President and Director, responsible for compliance and risk management. Robson is currently Director of MetalQuest Minerals Inc. and Pacific Cascade Minerals Inc., both TSX Venture Exchange listed issuers. Dennis Espadilla, B.A. Chief Financial OfficerMr. Dennis Espadilla has a Bachelor of Arts Degree in hotel and Marketing Management from De La Salle University, Philippines, and is co- founder, Director and Vice President of Corporate Development for Northern Lights Uranium Corp. Mr. Espadilla has twenty years of successful experience in management, sales and marketing in the hotel service industry and is currently the Chief Operating Officer of MRD Management and Development Corp, a hotel service management company.ABOUT WYN DEVELOPMENTS INC.Wyn Developments is a western Canada focused junior resource exploration, development and production company with both mineral and natural gas assets. With the ’spin-out’ of its mineral assets into Wyn Metals Inc. and capital restructuring, Wyn Developments will focus on natural gas exploration, development and production, through currently owned assets and seed additional natural gas exploration opportunities through possible future mergers and acquisitions.For more information on the Company or to sign up for our email list, please visit . On Behalf of the Board, WYN DEVELOPMENTS INC. “David McMillan” ———————– David McMillan President & CEO FORWARD LOOKING STATEMENTSThis communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.CONTACT: Chad McMillan, (604) 685-5851 or Toll Free: (888) 685-5851, Fax: (604) 685-7349, Email: ; ; 520-700 West Pender Street, Vancouver, British Columbia, Canada, V6C 1G8 Wyn Developments Inc.

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SUGAR LAND, Texas, April 23 /PRNewswire-FirstCall/ — Noble Corporation today reported first quarter 2008 earnings of $384 million, or $1.43 per diluted share, versus $250 million, or $0.93 per diluted share (split adjusted), for the first quarter of 2007. Per-share earnings were up 54 percent from the first quarter of 2007 and up 11 percent from the $1.29 per diluted share reported for the fourth quarter of 2007.Contract drilling services revenues for the 2008 first quarter were $798 million, up 5 percent from the fourth quarter 2007. Contract drilling margin for the first quarter 2008 was approximately 70 percent, generating $493 million in net cash provided by operating activities. The Company invested $234 million in capital projects during the first quarter 2008. The results for the 2008 first quarter include after-tax charges of $0.03 per diluted share related to the ongoing independent investigation of the Company’s Nigerian operations.”With a fifth consecutive record quarter, Noble continues to deliver excellent results, powered by our industry-leading margins, increased dayrates on several units and attention to cost control,” said Noble Corporation Chairman, President and Chief Executive Officer David W. Williams. “This quarter was again characterized by strong execution by our crews, a clear focus on the timely completion of our newbuild and upgrade programs, and extension of our contract backlog.”Debt as a percentage of total capitalization declined to 13.6 percent at March 31, 2008, from approximately 15.4 percent at December 31, 2007. During the first quarter of 2008, the Company repurchased 593,000 shares at an average price per share of $44.81, for a total cost of approximately $27 million. As previously reported on April 17, 2008, the Company’s Board of Directors has declared a special cash dividend of $0.75 per ordinary share that will be paid on May 16, 2008 to shareholders of record on April 30, 2008. The dividend payout will total approximately $202 million based on the number of ordinary shares of the Company currently outstanding.Noble Adds Almost $5.0 Billion in Potential Revenue Backlog During First Quarter 2008As of March 31, 2008, approximately 83 percent of the Company’s total rig operating days were committed for 2008 and approximately 50 percent were committed for 2009. Additionally, the Company secured commitments on eight deepwater rigs for multi-year terms beginning as late as 2010. In late March, Noble announced a Memorandum of Understanding for contracts on five rigs currently in Brazil. These commitments are reflected in the Company’s recently released Fleet Status report, along with the preliminary timing and order on when the three drillships in Brazil will experience shipyard time for their respective upgrades. In West Africa, the deepwater semisubmersible Noble Homer Ferrington received a Letter of Intent (LOI) from a major operator for three years at a dayrate of $495,000 commencing in 2009.In the U.S. Gulf of Mexico, the deepwater semisubmersible Noble Jim Thompson received a contract during the quarter for two years with Shell at a dayrate of $505,000, commencing in 2009. The Company also received a contract for the Noble Lorris Bouzigard for a two year term with LLOG at a dayrate of $270,000, scheduled to begin in May 2008. Also in the U.S. Gulf of Mexico, the mooring system upgrade is nearing completion on the Noble Amos Runner, which is expected to return to full service in May 2008, under contract to Anadarko at a dayrate of $435,000 until March 2011.The Company’s international jackup units also experienced notable contract activity in many markets during the quarter. In the North Sea, the 360′ jackup Noble Al White received a LOI from Total for one year at a dayrate of $208,000, commencing in 2008, and Cirrus Energy declared its option on the Noble Lynda Bossler at a dayrate of $220,000 through February 2009. In the Middle East, the Noble Roger Lewis commenced the contract for Shell in Qatar in February. As a result, a dayrate increase from $103,000 to $160,000 on the Noble Gene House, which also works for Shell, went into effect at the time the Noble Roger Lewis’ contract commenced. Also in the Middle East, the 150′ jackup Dhabi II received a LOI for an extension from ADOC for a three year commitment at a dayrate of $92,000 commencing in July 2008.Noble Corporation is a leading offshore drilling contractor for the oil and gas industry. The Company performs contract drilling services with its fleet of 62 mobile offshore drilling units located in key markets worldwide, including the U.S. Gulf of Mexico, Middle East, Mexico, the North Sea, Brazil, West Africa and India. The fleet count includes five rigs under construction. Additional information on Noble Corporation is available via the worldwide web at .This news release contains “forward-looking statements” about the business, financial performance and prospects of the Company. Statements about the Company’s or management’s plans, intentions, expectations, beliefs, estimates, predictions, or similar expressions for the future are forward-looking statements. No assurance can be given that the outcomes of these forward-looking statements will be realized, and actual results could differ materially from those expressed as a result of various factors. A discussion of these factors, including risks and uncertainties, is set forth from time to time in the Company’s filings with the U.S. Securities and Exchange Commission.Conference CallNoble will hold its first quarter conference call on Thursday, April 24, 2008, at 1:00 p.m., Central Time. The call may be accessed live via telephone at (866) 461-7129 (706-679-3084 for international callers), using pass code 39846262. The call also will be available over the Internet through the “Investor Relations” section of the Company’s Web site, using the “Web cast” link. A replay of the conference call will be available on Thursday, April 24, 2008, beginning at 5:00 p.m., Central Time, through Wednesday, April 30, 2008, ending at 5:00 p.m., Central Time. The phone number for the conference call replay is (800) 642-1687 (706-645-9291 for international callers), using the conference ID number 39846262. The conference call may include non-GAAP financial measures. Noble will post a reconciliation of any such measures to the most directly comparable GAAP measures in the “Investor Relations” section of the Company’s Web site under the heading “Reg G Reconciliations.” NOBLE CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (In thousands, except per share amounts) (Unaudited) Three Months Ended March 31, 2008 2007 OPERATING REVENUES Contract drilling services $797,834 $576,915 Reimbursables 32,458 31,143 Labor contract drilling services 30,931 36,555 Engineering, consulting and other 202 1,811 861,425 646,424 OPERATING COSTS AND EXPENSES Contract drilling services 235,952 196,842 Reimbursables 29,461 27,546 Labor contract drilling services 25,337 28,403 Engineering, consulting and other - 3,641 Depreciation and amortization 82,899 64,465 Selling, general and administrative 21,273 14,226 394,922 335,123 OPERATING INCOME 466,503 311,301 OTHER INCOME (EXPENSE) Interest expense, net of amounts capitalized (1,110) (1,504) Other, net 3,129 1,158 INCOME BEFORE INCOME TAXES 468,522 310,955 INCOME TAX PROVISION (84,334) (60,635) NET INCOME $384,188 $250,320 NET INCOME PER SHARE: Basic $ 1.44 $ 0.94 Diluted $ 1.43 $ 0.93 WEIGHTED AVERAGE SHARES OUTSTANDING: Basic 266,451 267,122 Diluted 268,578 269,600 NOBLE CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) March 31, December 31, 2008 2007 ASSETS CURRENT ASSETS Cash and cash equivalents $ 319,597 $ 161,058 Accounts receivable 576,981 613,115 Insurance receivables - 39,066 Inventories 3,924 3,814 Prepaid expenses 59,957 20,721 Other current assets 25,033 22,417 Total current assets 985,492 860,191 PROPERTY AND EQUIPMENT Drilling equipment and facilities 6,562,748 6,354,782 Other 82,609 80,169 6,645,357 6,434,951 Accumulated depreciation (1,700,584) (1,639,035) 4,944,773 4,795,916 OTHER ASSETS 222,767 219,899 $6,153,032 $5,876,006 LIABILITIES AND SHAREHOLDERS’ EQUITY CURRENT LIABILITIES Current maturities of long-term debt $ 30,518 $ 10,334 Accounts payable 169,192 198,395 Accrued payroll and related costs 95,330 115,914 Taxes payable 117,520 85,641 Interest payable 7,546 9,951 Other current liabilities 58,041 72,537 Total current liabilities 478,147 492,772 LONG-TERM DEBT 701,495 774,182 DEFERRED INCOME TAXES 250,461 240,621 OTHER LIABILITIES 64,731 65,705 1,494,834 1,573,280 COMMITMENTS AND CONTINGENCIES MINORITY INTEREST (6,068) (5,596) SHAREHOLDERS’ EQUITY Ordinary shares-par value $0.10 per share; 400,000 shares authorized; 268,683 shares issued and outstanding in 2008; 268,223 shares issued and outstanding in 2007 26,868 26,822 Capital in excess of par value 666,298 683,697 Retained earnings 3,976,312 3,602,870 Accumulated other comprehensive loss (5,212) (5,067) 4,664,266 4,308,322 $6,153,032 $5,876,006 NOBLE CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited) Three Months Ended March 31, 2008 2007 CASH FLOWS FROM OPERATING ACTIVITIES Net income $384,188 $250,320 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 82,899 64,465 Deferred income tax provision 9,840 2,794 Share-based compensation expense 8,716 7,340 Pension contribution (3,183) (728) Other 1,380 3,631 Other changes in current assets and liabilities: Accounts receivable 36,134 (53,306) Hurricane insurance recoveries 17,319 - Other current assets (42,268) 5,795 Accounts payable 3,278 (49,536) Other current liabilities (5,606) 39,471 Net cash provided by operating activities 492,697 270,246 CASH FLOWS FROM INVESTING ACTIVITIES New construction (134,380) (115,049) Other capital expenditures (76,673) (103,216) Major maintenance expenditures (22,935) (18,413) Accrued capital expenditures (32,481) 9,627 Hurricane insurance recoveries 21,747 - Proceeds from sales of property and equipment 282 - Net cash used for investing activities (244,440) (227,051) CASH FLOWS FROM FINANCING ACTIVITIES Borrowings on bank credit facilities - 170,000 Payments on bank credit facilities (50,000) (85,000) Payments of other long-term debt (2,516) (2,345) Net proceeds from employee stock transactions 115 (481) Dividends paid (10,746) (5,409) Repurchases of ordinary shares (26,571) (104,557) Net cash used for financing activities (89,718) (27,792) NET INCREASE IN CASH AND CASH EQUIVALENTS 158,539 15,403 CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 161,058 61,710 CASH AND CASH EQUIVALENTS, END OF PERIOD $319,597 $ 77,113 NOBLE CORPORATION AND SUBSIDIARIES FINANCIAL AND OPERATIONAL INFORMATION BY SEGMENT (In thousands, except utilization amounts, operating days and average dayrates) (Unaudited) Three Months Ended March 31, 2008 Contract Drilling Services Other Total OPERATING REVENUES Contract drilling services $797,834 $ - $797,834 Reimbursables 21,166 11,292 32,458 Labor contract drilling services - 30,931 30,931 Engineering, consulting and other 187 15 202 $819,187 $42,238 $861,425 OPERATING COSTS AND EXPENSES Contract drilling services $235,952 $ - $235,952 Reimbursables 18,753 10,708 29,461 Labor contract drilling services - 25,337 25,337 Engineering, consulting and other - - - Depreciation and amortization 80,785 2,114 82,899 Selling, general and administrative 19,896 1,377 21,273 Hurricane losses and recoveries, net - - - $355,386 $39,536 $394,922 OPERATING INCOME $463,801 $ 2,702 $466,503 OPERATING STATISTICS Jackups: Average Rig Utilization 97ACIORFIPROCENTE Operating Days 3,601 Average Dayrate $145,337 Semisubmersibles - (6,000 feet or greater): Average Rig Utilization 100ACIORFIPROCENTE Operating Days 637 Average Dayrate $291,924 Semisubmersibles - (less than 6,000 feet): Average Rig Utilization 100ACIORFIPROCENTE Operating Days 273 Average Dayrate $201,699 Drillships: Average Rig Utilization 67ACIORFIPROCENTE Operating Days 182 Average Dayrate $133,665 Submersibles: Average Rig Utilization 66ACIORFIPROCENTE Operating Days 179 Average Dayrate $ 51,274 Total: Average Rig Utilization 94ACIORFIPROCENTE Operating Days 4,872 Average Dayrate $163,772 Three Months Ended March 31, 2007 Contract Drilling Services Other Total OPERATING REVENUES Contract drilling services $576,915 $ - $576,915 Reimbursables 19,769 11,374 31,143 Labor contract drilling services - 36,555 36,555 Engineering, consulting and other 230 1,581 1,811 $596,914 $49,510 $646,424 OPERATING COSTS AND EXPENSES Contract drilling services $196,842 $ - $196,842 Reimbursables 16,939 10,607 27,546 Labor contract drilling services - 28,403 28,403 Engineering, consulting and other 141 3,500 3,641 Depreciation and amortization 61,809 2,656 64,465 Selling, general and administrative 13,660 566 14,226 Hurricane losses and recoveries, net - - - $289,391 $45,732 $335,123 OPERATING INCOME $307,523 $ 3,778 $311,301 OPERATING STATISTICS Jackups: Average Rig Utilization 98ACIORFIPROCENTE Operating Days 3,512 Average Dayrate $102,112 Semisubmersibles - (6,000 feet or greater): Average Rig Utilization 100ACIORFIPROCENTE Operating Days 540 Average Dayrate $259,837 Semisubmersibles - (less than 6,000 feet): Average Rig Utilization 67ACIORFIPROCENTE Operating Days 180 Average Dayrate $176,722 Drillships: Average Rig Utilization 93ACIORFIPROCENTE Operating Days 252 Average Dayrate $100,740 Submersibles: Average Rig Utilization 95ACIORFIPROCENTE Operating Days 256 Average Dayrate $ 81,047 Total: Average Rig Utilization 96ACIORFIPROCENTE Operating Days 4,740 Average Dayrate $121,705 Three Months Ended December 31, 2007 Contract Drilling Services Other Total OPERATING REVENUES Contract drilling services $761,075 $ - $761,075 Reimbursables 20,233 9,779 30,012 Labor contract drilling services - 40,166 40,166 Engineering, consulting and other 319 40 359 $781,627 $49,985 $831,612 OPERATING COSTS AND EXPENSES Contract drilling services $243,882 $ - $243,882 Reimbursables 16,644 9,479 26,123 Labor contract drilling services - 32,443 32,443 Engineering, consulting and other - 150 150 Depreciation and amortization 79,679 2,928 82,607 Selling, general and administrative 26,181 505 26,686 Hurricane losses and recoveries, net (5,114) - (5,114) $361,272 $45,505 $406,777 OPERATING INCOME $420,355 $ 4,480 $424,835 OPERATING STATISTICS Jackups: Average Rig Utilization 98ACIORFIPROCENTE Operating Days 3,697 Average Dayrate $138,746 Semisubmersibles - (6,000 feet or greater): Average Rig Utilization 97ACIORFIPROCENTE Operating Days 626 Average Dayrate $269,146 Semisubmersibles - (less than 6,000 feet): Average Rig Utilization 100ACIORFIPROCENTE Operating Days 276 Average Dayrate $185,227 Drillships: Average Rig Utilization 74ACIORFIPROCENTE Operating Days 204 Average Dayrate $118,581 Submersibles: Average Rig Utilization 31ACIORFIPROCENTE Operating Days 85 Average Dayrate $ 50,695 Total: Average Rig Utilization 93ACIORFIPROCENTE Operating Days 4,888 Average Dayrate $155,707Noble Corporation

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DALLAS, April 22 /PRNewswire-FirstCall/ — Alon USA Energy, Inc. (”Alon”) today announced plans to release its first quarter 2008 results on Monday, May 5, 2008 after the market closes. In conjunction with the release, Alon has scheduled a conference call, which will be broadcast live over the Internet on Tuesday, May 6, 2008 at 10:00 a.m. eastern time (9:00 a.m. central). What: Alon USA Energy, Inc. First Quarter 2008 Earnings Conference Call When: Tuesday, May 6, 2008 - 10:00 a.m. eastern time Where: Live via phone by dialing 1-800-218-8862 or 303-262-2140, for international callers, and asking for the Alon USA Energy call at least 10 minutes prior to the start time. Investors may also listen to the conference live on the Alon corporate website, , by logging on that site and clicking “Investors.”A telephonic replay of the conference call will be available through May 20, 2008 and may be accessed by calling 1-800-405-2236 or 303-590-3000, for international callers, and using the passcode 11112242. A web cast archive will also be available at shortly after the call and will be accessible for approximately 90 days. For more information, please contact Donna Washburn at DRG&E at 713-529-6600 or email .Alon USA Energy, Inc., headquartered in Dallas, Texas, is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Company owns and operates four sour and heavy crude oil refineries in Texas, California and Oregon, with an aggregate crude oil throughput capacity of approximately 170,000 barrels per day. Alon markets gasoline and diesel products under the FINA brand name and is a leading producer of asphalt. Alon also operates more than 300 convenience stores in West Texas and New Mexico under the 7-Eleven and FINA brand names and supplies motor fuels to these stores from its Big Spring refinery. In addition, Alon supplies approximately 800 additional FINA branded locations. Contacts: Claire A. Hart, Senior Vice President Alon USA Energy, Inc. 972-367-3649 Investors: Jack Lascar/Sheila Stuewe DRG&E / 713-529-6600 Media: Blake Lewis Lewis Public Relations 214-269-2093 Ruth Sheetrit SMG Public Relations 011-972-547-555551Alon USA Energy, Inc.

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MILWAUKEE, April 22 /PRNewswire/ — Organizations across the country annually roll out the green carpet in honor of Earth Day. But this year on Tuesday, April 22, Johnson Controls, a global diversified, multi-industrial company that creates smart environments, will turn Earth Day into Earth Quarter with initiatives that demonstrate its commitment to making the places we live, work and travel more sustainable.(Logo: )The company’s Earth Quarter program encompasses employee events, local community engagements and major global initiatives across Johnson Controls’ building efficiency, power solutions and automotive experience businesses. Earth Quarter activities include: — April 14 — Earth Quarter kicked off with the announcement of Johnson Control’s second annual Energy Efficiency Indicator (EEI), a research report that examines the perceptions of North American businesses with regard to rising energy prices, energy independence and climate change (). — April 16 — Johnson Controls participated in a Green Roundtable hosted by the Milwaukee Business Journal that focused on the driving forces in business behind the green movement. — April 22 — Earth Day will feature a hard hat tour of the World Headquarters Expansion Project for local media, who will view the progress of the expansion planned to be the first LEED Platinum certification for new construction in the state of Wisconsin. — April 28 - 29 — Johnson Controls co-sponsors the inaugural China Energy Efficiency and Sustainability Forum in Beijing to bring together government policymakers, corporations, and the academic community to share their perspectives on energy efficiency and sustainability solutions. — April - May — A national U.S. competition, Igniting Creative Energy, honors state winners who submitted their sustainable ideas on how to make the world a more eco-friendly place. Students (K-12) are awarded $1,000 for their school on behalf of Johnson Controls in partnership with Philips, the United States Energy Association and the National Energy Foundation. — Week of May 12 — Each spring, Johnson Controls employees around the world celebrate Vision Week, five days dedicated to increasing awareness and understanding of the company’s values. This year Vision Week focuses on environmental stewardship with company-wide educational activities to support the importance of sustainable practices. — June 10 - 11 — Johnson Controls hosts the 19th annual Energy Efficiency Forum (EEF) in Washington D.C. The EEF is a premier event that promotes energy efficiency through the presentation of national and worldwide best practices and the resulting impact on the environment, national security and economic growth. This year the EEF will address how a new administration can build upon leadership in the public and private sectors and initiate large-scale energy-efficiency programs that will have immediate economic and environmental impact (). — June 23 — Johnson Controls’ Conservation Leadership Corps (CLC) program kicks off in three U.S. markets: Milwaukee, Baltimore and Detroit. The CLC is a seven-week program that engages local high school students in meaningful summer work focused on environmental stewardship, work ethic and leadership skills. Students must apply for the opportunity and will receive competitive wages to work together on environmental protection and improvement projects in community parks. — June 25 - 26 — Johnson Controls’ power solutions business will host a national media event and roundtable panel discussion focused on challenges facing the North American auto industry as they relate to the mass acceptance of hybrid vehicles. Additionally, the business’s hybrid group is again supporting the UW Madison Engineering team in the Challenge X competition. Championed by the U.S. Department of Energy, the competition enables college students to design, build and compete with an alternative fuel vehicle. Johnson Controls is supplying the battery and technical support. — End of Earth Quarter - June — Johnson Controls will launch the Personal Sustainability Navigator, a free online tool designed to help consumers discover and prioritize sustainable practices based on their personal behaviors. — Extending Earth Quarter Year-Round — The company’s Blue Sky Involve program engages employees around the world to volunteer for local community projects and get involved in nonprofit organizations. When this involvement aligns with program objectives, the Johnson Controls Foundation can approve a $1,000 (U.S.) grant to the organization.For more information on how Johnson Controls supports sustainability through its global initiatives, please visit .Johnson Controls is the global leader that brings ingenuity to the places where people live, work and travel. By integrating technologies, products and services, we create smart environments that redefine the relationships between people and their surroundings. Our team of 140,000 employees creates a more comfortable, safe and sustainable world through our products and services for more than 200 million vehicles, 12 million homes and one million commercial buildings. Our commitment to sustainability drives our environmental stewardship, good corporate citizenship in our workplaces and communities, and the products and services we provide to customers. For additional information, please visit . Johnson Controls

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MILWAUKEE, April 22 /PRNewswire/ — Organizations across the country annually roll out the green carpet in honor of Earth Day. But this year on Tuesday, April 22, Johnson Controls, a global diversified, multi-industrial company that creates smart environments, will turn Earth Day into Earth Quarter with initiatives that demonstrate its commitment to making the places we live, work and travel more sustainable.(Logo: )The company’s Earth Quarter program encompasses employee events, local community engagements and major global initiatives across Johnson Controls’ building efficiency, power solutions and automotive experience businesses. Earth Quarter activities include: — April 14 — Earth Quarter kicked off with the announcement of Johnson Control’s second annual Energy Efficiency Indicator (EEI), a research report that examines the perceptions of North American businesses with regard to rising energy prices, energy independence and climate change (). — April 16 — Johnson Controls participated in a Green Roundtable hosted by the Milwaukee Business Journal that focused on the driving forces in business behind the green movement. — April 22 — Earth Day will feature a hard hat tour of the World Headquarters Expansion Project for local media, who will view the progress of the expansion planned to be the first LEED Platinum certification for new construction in the state of Wisconsin. — April 28 - 29 — Johnson Controls co-sponsors the inaugural China Energy Efficiency and Sustainability Forum in Beijing to bring together government policymakers, corporations, and the academic community to share their perspectives on energy efficiency and sustainability solutions. — April - May — A national U.S. competition, Igniting Creative Energy, honors state winners who submitted their sustainable ideas on how to make the world a more eco-friendly place. Students (K-12) are awarded $1,000 for their school on behalf of Johnson Controls in partnership with Philips, the United States Energy Association and the National Energy Foundation. — Week of May 12 — Each spring, Johnson Controls employees around the world celebrate Vision Week, five days dedicated to increasing awareness and understanding of the company’s values. This year Vision Week focuses on environmental stewardship with company-wide educational activities to support the importance of sustainable practices. — June 10 - 11 — Johnson Controls hosts the 19th annual Energy Efficiency Forum (EEF) in Washington D.C. The EEF is a premier event that promotes energy efficiency through the presentation of national and worldwide best practices and the resulting impact on the environment, national security and economic growth. This year the EEF will address how a new administration can build upon leadership in the public and private sectors and initiate large-scale energy-efficiency programs that will have immediate economic and environmental impact (). — June 23 — Johnson Controls’ Conservation Leadership Corps (CLC) program kicks off in three U.S. markets: Milwaukee, Baltimore and Detroit. The CLC is a seven-week program that engages local high school students in meaningful summer work focused on environmental stewardship, work ethic and leadership skills. Students must apply for the opportunity and will receive competitive wages to work together on environmental protection and improvement projects in community parks. — June 25 - 26 — Johnson Controls’ power solutions business will host a national media event and roundtable panel discussion focused on challenges facing the North American auto industry as they relate to the mass acceptance of hybrid vehicles. Additionally, the business’s hybrid group is again supporting the UW Madison Engineering team in the Challenge X competition. Championed by the U.S. Department of Energy, the competition enables college students to design, build and compete with an alternative fuel vehicle. Johnson Controls is supplying the battery and technical support. — End of Earth Quarter - June — Johnson Controls will launch the Personal Sustainability Navigator, a free online tool designed to help consumers discover and prioritize sustainable practices based on their personal behaviors. — Extending Earth Quarter Year-Round — The company’s Blue Sky Involve program engages employees around the world to volunteer for local community projects and get involved in nonprofit organizations. When this involvement aligns with program objectives, the Johnson Controls Foundation can approve a $1,000 (U.S.) grant to the organization.For more information on how Johnson Controls supports sustainability through its global initiatives, please visit .Johnson Controls is the global leader that brings ingenuity to the places where people live, work and travel. By integrating technologies, products and services, we create smart environments that redefine the relationships between people and their surroundings. Our team of 140,000 employees creates a more comfortable, safe and sustainable world through our products and services for more than 200 million vehicles, 12 million homes and one million commercial buildings. Our commitment to sustainability drives our environmental stewardship, good corporate citizenship in our workplaces and communities, and the products and services we provide to customers. For additional information, please visit . Johnson Controls

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HOUSTON, April 22 /PRNewswire-FirstCall/ — BJ Services Company (NYSE: BJS; PCX; CBOE) today reported net income of $127.3 million for the fiscal 2008 second quarter ended March 31, 2008, or $0.43 per diluted share, a 26ACIORFIPROCENTE decrease from the $0.58 per diluted share reported in the previous quarter and a 33ACIORFIPROCENTE decrease compared to the $0.64 per diluted share reported in the fiscal 2007 second quarter.Revenue in the second quarter of fiscal 2008 was $1,283.2 million, slightly below the $1,285.1 million reported in the previous quarter and up 8ACIORFIPROCENTE compared to $1,186.6 million reported in the prior year’s March quarter. Operating income for the quarter was $186.5 million, a 26ACIORFIPROCENTE decrease compared to $252.6 million for the previous quarter and a 36ACIORFIPROCENTE decrease compared to $290.2 million reported in the second quarter of fiscal 2007.Debt decreased $8.4 million during the quarter to $615.9 million and cash and cash equivalents decreased $10.0 million to $43.6 million during the quarter. Uses of cash during the quarter included capital expenditures of $150.0 million and payment of $14.6 million in dividends.Commenting on the results, Chairman and CEO Bill Stewart said, “During the quarter, the Company experienced significant pricing pressure in North America. Most of the price loss occurred in January as we completed a number of pricing agreements with our customers. I am, however, encouraged that pricing was relatively stable in February and March. The fundamental outlook is quite positive in the U.S. with natural gas prices at levels that should lay the foundation for higher drilling levels. This is supported by a number of our customers announcing budget increases for the second half of the calendar year.”Looking at our third fiscal quarter, we expect drilling activity in the U.S. to be up modestly compared to the second fiscal quarter. Pricing is expected to continue to be under pressure; however, we are forecasting the rate of price declines experienced in previous quarters to moderate in the third fiscal quarter. Canada is in full Spring break-up and drilling activity for the quarter is not expected to be significantly different than the same quarter last year. In the International Pressure Pumping segment, we are anticipating modest revenue improvement with slightly improved margins in the third fiscal quarter. The largest sequential improvement is expected to be in the Asia Pacific region, as business is expected to improve after experiencing weather disruptions and project delays in the second fiscal quarter.”We anticipate sequential revenue and margin improvement for our Oilfield Services group. We are projecting our Tubular Services business to recover from delays experienced during the second fiscal quarter. We are also expecting seasonal improvement from our Process & Pipeline Services business. Based on these assumptions, we are currently projecting diluted earnings for the third fiscal quarter to be in the range of $0.39 to $0.43 per share.” CONSOLIDATED STATEMENT OF OPERATIONS UNAUDITED (in thousands except per share amounts) Three Months Ended March 31 December 31 2008 2007 2007 Revenue $1,283,202 $1,186,638 $1,285,065 Operating Expenses: Cost of sales and services 1,004,107 820,661 950,450 Research and engineering 18,913 16,164 17,198 Marketing 31,764 26,075 28,832 General and administrative 41,652 33,634 36,630 Loss (gain) on long-lived assets 238 (83) (626) Total operating expenses 1,096,674 896,451 1,032,484 Operating income 186,528 290,187 252,581 Interest expense (6,949) (8,488) (7,862) Interest income 356 504 474 Other income/(expense), net 1,053 (1,797) (2,711) Income before income taxes 180,988 280,406 242,482 Income taxes 53,685 91,490 70,298 Net income $127,303 $188,916 $172,184 Earnings Per Share: Basic $0.43 $0.64 $0.59 Diluted $0.43 $0.64 $0.58 Weighted Average Shares Outstanding: Basic 293,245 293,247 292,627 Diluted 295,285 296,276 295,284 Supplemental Data: Depreciation and amortization $64,900 $49,819 $62,766 Capital expenditures 149,989 208,399 161,797 Debt 615,892 672,236 624,324 Six Months Ended March 31 2008 2007 Revenue $2,568,267 $2,370,578 Operating Expenses: Cost of sales and services 1,954,557 1,609,296 Research and engineering 36,111 31,858 Marketing 60,596 51,888 General and administrative 78,282 70,841 Loss on long-lived assets (388) 182 Total operating expenses 2,129,158 1,764,065 Operating income 439,109 606,513 Interest expense (14,811) (17,267) Interest income 830 824 Other expense, net (1,658) (3,873) Income before income taxes 423,470 586,197 Income taxes 123,983 190,197 Net income $299,487 $396,000 Earnings Per Share: Basic $1.02 $1.35 Diluted $1.01 $1.34 Weighted Average Shares Outstanding: Basic 292,934 293,134 Diluted 295,182 296,408 Supplemental Data: Depreciation and amortization $127,666 $95,524 Capital expenditures 311,786 354,851 Operating HighlightsFollowing are the results of operations for the three months ended March 31, 2008, March 31, 2007 and December 31, 2007 and for the six months ended March 31, 2008 and 2007: Three Months Ended Six Months Ended March 31 December 31 March 31 2008 2007 2007 2008 2007 U.S./Mexico Pressure Pumping Revenue $643,044 $633,356 $662,551 $1,305,595 $1,274,182 Operating Income 126,516 220,340 182,022 308,538 472,897 Operating Income Margins 20ACIORFIPROCENTE 35ACIORFIPROCENTE 27ACIORFIPROCENTE 24ACIORFIPROCENTE 37ACIORFIPROCENTE Canada Pressure Pumping Revenue $138,790 $121,876 $121,346 $260,136 $233,540 Operating Income 14,481 18,810 16,992 31,473 32,217 Operating Income Margins 10ACIORFIPROCENTE 15ACIORFIPROCENTE 14ACIORFIPROCENTE 12ACIORFIPROCENTE 14ACIORFIPROCENTE International Pressure Pumping Revenue $292,120 $250,371 $288,512 $580,632 $502,427 Operating Income 34,714 29,127 35,925 70,639 69,500 Operating Income Margins 12ACIORFIPROCENTE 12ACIORFIPROCENTE 12ACIORFIPROCENTE 12ACIORFIPROCENTE 14ACIORFIPROCENTE Oilfield Services Group Revenue $209,248 $181,035 $212,656 $421,904 $360,429 Operating Income 37,769 36,674 40,033 77,802 69,372 Operating Income Margins 18ACIORFIPROCENTE 20ACIORFIPROCENTE 19ACIORFIPROCENTE 18ACIORFIPROCENTE 19ACIORFIPROCENTE Corporate Operating Loss $(26,952) $(14,764) $(22,391) $(49,343) $(37,473) March Quarter ReviewU.S./Mexico Pressure Pumping Services second quarter 2008 revenue of $643.0 million was 3ACIORFIPROCENTE lower than the December 2007 quarter (sequential) with average active drilling rigs for the same period declining 1ACIORFIPROCENTE. Lower revenue was primarily attributable to the continuing trend of lower pricing for our products and services, which was generally steeper this quarter than originally anticipated. Compared to the March 2007 quarter (year over year), revenue increased 2ACIORFIPROCENTE on a 2ACIORFIPROCENTE increase in average active drilling rigs. This increase is the result of higher job volume, largely offset by lower pricing. Operating income margins for U.S./Mexico decreased to 20ACIORFIPROCENTE from 27ACIORFIPROCENTE in the previous quarter and from 35ACIORFIPROCENTE in the same quarter last year, reflecting the effect of lower pricing sequentially and year over year, as well as increased material, maintenance and fuel costs.Canada Pressure Pumping Services second quarter 2008 revenue of $138.8 million increased 14ACIORFIPROCENTE sequentially and year over year. Sequential revenue improvement was due to a seasonal increase in Canadian average active drilling rigs of 43ACIORFIPROCENTE during the period, partially offset by a severe reduction in pricing. Year over year, revenue improvement was primarily attributable to the strengthening of the Canadian dollar in relation to the U.S. dollar. Revenue declined on a Canadian dollar basis, due to lower activity levels and lower pricing. Primarily as a result of lower pricing and escalating fuel costs, operating income margin for Canada decreased to 10ACIORFIPROCENTE from 14ACIORFIPROCENTE in the previous quarter and 15ACIORFIPROCENTE in the prior year quarter.International Pressure Pumping Services second quarter 2008 revenue of $292.1 million increased 1ACIORFIPROCENTE sequentially with average active drilling rig levels increasing 3ACIORFIPROCENTE for the same period. Revenue compared to the same quarter last year increased 17ACIORFIPROCENTE with average active drilling rigs up 7ACIORFIPROCENTE. Revenue performance by region is as follows: Region Sequential Year Over Year Europe(1) -6ACIORFIPROCENTE -23ACIORFIPROCENTE Middle East(1) -2ACIORFIPROCENTE 29ACIORFIPROCENTE Asia Pacific -11ACIORFIPROCENTE 8ACIORFIPROCENTE Russia 31ACIORFIPROCENTE -10ACIORFIPROCENTE Latin America(1) 10ACIORFIPROCENTE 43ACIORFIPROCENTE Total 1ACIORFIPROCENTE 17ACIORFIPROCENTE (1) During the quarter ended March 31, 2008, we revised the internal management reporting structure of our pressure pumping operations in Africa. Our North Africa results, including Algeria and Libya, are now included in our Middle East operating segment, while our West Africa results south of Nigeria, including Angola and Gabon, are now included in our Latin America operating segment. Nigeria and coastal areas north of there remain as part of our Europe segment. Prior period results have been restated to conform with the current presentation.Sequential revenue contributions from our Latin America and Russian operations during the quarter were offset by lower revenue from other operating segments within International Pressure Pumping operations. Increased fracturing and vessel activity in Brazil and higher activity in Venezuela provided for the majority of the improvement in the Latin American region. Russia benefited from increased activity, as the previous quarter included a number of lost work days due to extremely cold weather. In Europe, lower activity levels in Norway compared to the prior quarter was the significant cause for the decline of revenue in the region. In the Middle East, lower product sales in India and lower revenue in Saudi Arabia offset improvements in Algeria, Libya and Bangladesh. Our Asia Pacific operations showed a decline in revenue, while average active drilling rigs for the region remained unchanged. Adverse weather conditions negatively impacted operations in Australia and Malaysia while operations in Thailand were hindered by the delay of rigs moving into that market.Year over year, our Latin America operations led the segment’s increase in revenue. All major markets within the region had revenue growth with the highest increase in Brazil. In the Middle East, increased revenue resulted from the addition of two stimulation vessels into the India market during the later part of fiscal 2007. The region also benefited from increased revenue in Algeria, Saudi Arabia and Azerbaijan. In Asia Pacific, an 11ACIORFIPROCENTE increase in average active drilling rigs contributed to the region’s 8ACIORFIPROCENTE increase in revenue compared to the prior year. In Europe, the transfer of a stimulation vessel from the North Sea to India was the primary reason for the revenue decline. In Russia, revenue was lower as the prior year included revenue from our workover rig business, which was sold in the third fiscal quarter of 2007.Operating income margins for International Pressure Pumping were 12ACIORFIPROCENTE in the second quarter of fiscal 2008, consistent with the previous quarter and last year’s March quarter. Increased revenues and improving margins in some international markets have been offset by the impact of activity declines, weather delays and rig delays in other markets.Oilfield Services Group second quarter 2008 revenue of $209.2 million decreased 2ACIORFIPROCENTE sequentially and increased 16ACIORFIPROCENTE year over year. Division Sequential Year Over Year Tubular Services -8ACIORFIPROCENTE 0ACIORFIPROCENTE Process & Pipeline Services -3ACIORFIPROCENTE 69ACIORFIPROCENTE Chemical Services -1ACIORFIPROCENTE 22ACIORFIPROCENTE Completion Tools 10ACIORFIPROCENTE 32ACIORFIPROCENTE Completion Fluids -2ACIORFIPROCENTE -45ACIORFIPROCENTE Total -2ACIORFIPROCENTE 16ACIORFIPROCENTETubular Services operations experienced adverse weather conditions and project delays during the second quarter of fiscal 2008, which resulted in lower revenue sequentially and flat revenue year over year. The Process & Pipeline Services business reported a seasonal decline in revenue sequentially, but significant revenue growth year over year resulting from activity increases in the Middle East and Asia Pacific markets. Chemical Services revenue growth year over year was due to higher activity levels, while revenue was lower sequentially primarily as a result of lower international revenue. Revenue growth in the Completion Tools business sequentially and year over year was primarily attributable to continued expansion into international markets. Declines in Completion Fluids revenue performance is primarily the result of lower activity in the Gulf of Mexico as well as pricing pressure and less favorable product mix.The Oilfield Services Group operating income margin for the quarter was 18ACIORFIPROCENTE, down from 19ACIORFIPROCENTE in the previous quarter and 20ACIORFIPROCENTE reported in the prior year’s second quarter. The sequential decline was due primarily to a decline in revenue from our Chemical Services and Tubular Services businesses. Year over year, lower profitability from Tubular Services and Completion Fluids were the primary reasons for the decline.Consolidated Geographic HighlightsThe following table reflects the percentage change in consolidated revenue by geographic area for the March 2008 quarter compared to the December 2007 quarter and the March 2007 quarter. The information presented is based on our combined service and product line offering by geographic region. Geographic Sequential Year Over Year U.S. -4ACIORFIPROCENTE 1ACIORFIPROCENTE Canada 15ACIORFIPROCENTE 15ACIORFIPROCENTE Total -1ACIORFIPROCENTE 3ACIORFIPROCENTE Latin America 14ACIORFIPROCENTE 34ACIORFIPROCENTE Europe/Africa -12ACIORFIPROCENTE -8ACIORFIPROCENTE Russia 31ACIORFIPROCENTE -8ACIORFIPROCENTE Middle East -5ACIORFIPROCENTE 32ACIORFIPROCENTE Asia Pacific -2ACIORFIPROCENTE 36ACIORFIPROCENTE Total 0ACIORFIPROCENTE 8ACIORFIPROCENTE Non-GAAP Financial MeasuresA non-GAAP financial measure is a numerical measure of a registrant’s historical or future financial performance, financial position or cash flows that 1) excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with GAAP in the statement of income, balance sheet, or statement of cash flows, or 2) includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented.Any unexpected disclosures of non-GAAP financial measures discussed on the call will be posted on our website as soon as possible after the disclosure.Conference CallThe Company will hold a conference call following this earnings release. The call will take place at 8:30 a.m. Central Time.To participate in the conference call, please call 913/312-0682, 10 minutes prior to the conference call start time and give the conference code number 2292641. If you are unable to participate, the conference call will be available for playback three hours after conclusion of the conference call. The playback number is 719/457-0820 and the replay entry code is 2292641. Playback will be available for five days.The conference call will also be available via real-time webcast at . Playback of the webcast will be available following the conference call.This news release contains forward-looking statements that anticipate future performance such as the Company’s prospects, expected revenue, and expenses and profits. These forward-looking statements are based on assumptions that may prove to be inaccurate, and they are subject to risks and uncertainties that may cause actual results to differ materially from expected results. These risk factors include, without limitation, general global business and economic conditions, drilling activity and rig count, pricing volatility for oil and gas, reduction in demand for our services and products, risks from operating hazards such as fire, explosion and oil spills, unexpected litigation for which insurance and customer agreements do not provide complete protection, potential adverse results from our SEC and DOJ investigations, changes in exchange rates and declines in the U.S. dollar, and risks associated with our international operations, including potential instability and hostilities. This list of risk factors is not intended to be comprehensive. More extensive information concerning risk factors may be found in our public filings with the Securities and Exchange Commission.BJ Services Company is a leading provider of pressure pumping, well completion, production enhancement and pipeline services to the petroleum industry. BJ Services Company

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DALLAS, April 21 /PRNewswire-FirstCall/ — Southridge Enterprises, Inc. (BULLETIN BOARD: SRDG) (the “Company”) announced it has invited a top environmental scientist to join the Company’s advisory board. The involvement of this individual will be a significant asset to the Company by bringing critical scientific direction and credibility to the board.The Company plans to continue to build its scientific expertise, in addition to recruiting highly respected chemical and environmental engineers. Only professionals with proven success in renewable fuels will be initially targeted by the Company.Ken Milken, Southridge CEO, stated, “We expect to announce the addition of at least one highly credentialed and known environmental scientist to our advisory board. This individual will play a key role in facilitating and developing our environmental strategy and planning for all facilities.”Milken continued, “We want to be prepared for all possibilities and eventualities and we plan to surround ourselves with the best scientific and engineering minds to help us deal efficiently with any possible scenario.”About Southridge Enterprises, Inc.Southridge Enterprises is a renewable energy company with a mission to become the ethanol producer of choice in the southeastern region of the United States. The Company is focusing its efforts in an area which offers abundant supplies of corn, superior transportation infrastructure and expedited permitting processes. The Company is actively acquiring and developing ethanol production facilities and anticipates start-up of the first phase of these operations in 2009. Southridge Enterprises is headquartered in Dallas, Texas. For more information, please visit our website: .Forward-Looking StatementsThis news release contains “forward-looking statements,” as that term is defined in Section 27A of the Act and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, successfully equipping the Quitman County plant for the production of ethanol, and the start-up of production of in 2009, if at all.Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with the development of an early stage company in the alternative energy industry, its products, and the entry into new markets for such products. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company’s current and periodic reports filed from time to time with the Securities and Exchange Commission. Southridge Enterprises, Inc. Brian Thurman, 888-862-2192, ext. 3Southridge Enterprises, Inc.

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