UNIFAB International Inc.

As of March 31, 2005, UNIFAB International Inc. was acquired by Midland Fabricators and Process Systems, L.L.C. UNIFAB International, Inc. provides custom fabrication of decks and modules of drilling and production equipment for offshore oil and gas platforms. It operates in three segments: The Platform Fabrication, The Process Systems, and The Drilling Rig Fabrication. The Platform Fabrication segment fabricates and assembles platforms and platform components for installation, and use offshore in the production, processing, and storage of oil and gas. The Process Systems segment designs and manufactures specialized process systems and equipment related to the development and production of oil and gas reserves. The Drilling Rig Fabrication segment provides fabrication services for new construction and repair of drilling rigs. The company also fabricates jackets for fixed platforms, pilings and other rolled tubular steel sections, compressor and generator packages, platform living quarters, subsea templates, bridges for connecting offshore platforms, wellhead protectors, and modules for the onshore petrochemical and refining industries. In addition, the company refurbishes and retrofits existing jackets and decks. The company's customers include primarily independent oil and gas companies and offshore marine construction contractors. The company is headquartered in New Iberia, Louisiana.