WorldWide Drilling Resource

7 MAY 2024 WorldWide Drilling Resource® Bit B PRESS RELEASE Brokers International, Ltd. (BBI) acquires Colton Bit Service Tim Thomas, the o The agreement a reamers, as well as B reach into the water w Virginia. owner of Bit Brokers Interna recently finalized an agre This aquisition marks a allows BBI to establish a distr Baroid Industrial Drilling Produ well market, serving premium f C lt ational, LTD (BBI), and Terry Colton the owner of Colton eement for the acquisition of Colton Bit Service. a significant development for both companies. ribution point for the HDD market, enhancing its ability to s ucts to its existing customer base. Additionally, it enables B customers across the New England region of the U.S., span n Bit Service, supply pilot bits, BBI to extend its nning from West the absolute best pro “If our customers customers under budget and ahead of schedule.” “Quality and Service is our main focus to keep our General Manager quote: Vice President and Cliff Thomas, V Cheste also be directed to BBI's corporate of T . For inquiries,T Tyler Mitchell has assumed responsibility for managing the new of Reflecting on the acquisition,T , BBI now of Initial plans involve stocking PDC bits, tricones bits, reamers, hammers, a Drilling Products tailored to meet the needs of customers in the region. This str delivery processes, thereby optimizing convenience for customers operating wit The location of the BBI warehouse in West Virginia significantly expands th water well market in the New England area. Leveraging one of the most extens and tooling globally ffers enhanced options to its customers in these Terry Colton, former owner of Colton Bit Servic BBI's capability to uphold first-class service and product standards for his esteem retirement alongside his wife, having entrusted his business legacy to BBI. Ty ffice in Cla year Tyler can be reached at the former cell number of Terry Colton ffice at 618-435-5811 or via email to bitsale Renowned for its commitment to quality and service across various drilling i of catering to diverse drilling needs and is actively exploring opportunities to esta its distribution network within the domestic market. With a focus on expansion and serving international markets, BBI continue products to over 85 countries worldwide . . . Bit Brokers International Ltd oducts and service to ensure that happens.” s succeed, we succeed. Our goal is to provide and Distribution quote: er Thomas, Corporate Secretary irginia, ef T and hammer bits, as well as Baroid Industrial rategic move aims to streamline shipping and thin the regional drilling conditions. e selection and availability of products for the sive selections of U.S.-manufactured drill bits regions. ce for four decades, expressed confidence in med clientele. Terry looks forward to embracing arksburg, West V ffective March of this n: 304-918-3119. Questions or comments may es@bitbrokers.com. industries, BBI remains dedicated to its motto blish a western warehouse, further expanding es its legacy of providing “Made in the USA” d 5 West F 1 Cla www Terry Colton and Cliff Thomas 5568 Logan Road rankfort, IL 62896-4317 1477 Philippi Pike arksburg, WV 26301 USA w.bitbrokers.com Terry Colton and Tyler Mitchell

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