GP II Energy Selects SkyBitz to Increase Visibility and Efficiencies of its Oil & Gas Remote and Rental Assets

November 7, 2011

Tools

STERLING, Va.--(BUSINESS WIRE)-- SkyBitz®, the leader in remote asset tracking and information management solutions, today announced that GP II Energy, Inc., a leader in the oil and gas drilling and rental equipment industry, has selected SkyBitz’s GLS asset tracking solution for more than 600 of its frac tanks and other equipment.

GP II Energy was looking for a more complete picture of its available equipment in the field. The information provided by SkyBitz helps operations personnel quickly find and coordinate the movement of critical equipment and optimize its allocation. SkyBitz also helps GP II Energy to reduce their transportation costs to remote well pad or drilling sites. Using SkyBitz solutions for total asset visibility also gives GP II Energy the benefit of increased safety and security, allowing for quick recovery of missing or stolen equipment.

“We are constantly looking for ways to streamline and improve our operational efficiencies. Prior to using SkyBitz solutions, we were tracking everything manually through spreadsheets. SkyBitz remote asset tracking and information management solutions have revolutionized what we’re doing. It’s helped us get a better picture of our frac tanks, trailers and other equipment. Ninety-nine percent of our rental equipment is in the field at all times and needs to be tracked. That’s why it’s so important to know where it is,” said Les Bullard, Operations Superintendent, GP II Energy, Inc. “Now we are able to see what’s being used every day and the information we get is integral to the daily work tickets and invoices we create.”

SkyBitz’s Gemini GLS tags coupled with Web-based application, SkyBitz InSight, provides managers the ability to view assets in real-time and run customizable management and operational reports for each piece of equipment in their inventory.

About GP II Energy

Three companies operate under the GP II Energy umbrella, Lone Star Tank Rental, One Star Trucking, and KHM Rentals. The company operates approximately 106 wells primarily in Reeves, Pecos, Winkler and Loving counties of Texas, along with Eddy County in New Mexico. It also has some non-operating interests.

About SkyBitz, Inc.

SkyBitz is a leader in global remote asset management solutions, providing real-time information on the location and status of assets. More than 700 enterprises rely on SkyBitz technology to achieve total asset visibility, improved security, lower operating and capital expenses, and enhanced customer service. SkyBitz delivers its solution via SkyBitz Insight, a secure web-based application that is fully customizable and requires no software downloads. SkyBitz is a privately held company backed by Garvin Hill Capital Partners LLC, Highstar Capital, Inverness Graham Investments, Motorola Ventures and ITV, a fund of Cordova Ventures. For additional information, visit www.skybitz.com or the company blog at www.skybitz.com/blog.