PRESS RELEASE

Blueback Reservoir opens a new regional office in the United Arab Emirates

Stavanger, 16 February 2012 – Blueback Reservoir is proud to announce the opening of our new office serving the Middle East, India and North Africa region. The office is located at Al Thuraya Tower 1 in Dubai Internet City, and is offering the full range of Blueback Reservoir products and services.

The new office is a key step in our company development strategy and is a response to a strong interest in our products and services within reservoir modeling, software development and plug-in products for Petrel* software in this region.

Our products and services will be presented and demonstrated at the GEO 2012 conference and exhibition in Bahrain, 5. – 7. March at booth # 174, Hall 1.

*Marks of Schlumberger