Exhibit 99.2

CASEDHOLE HOLDINGS, INC. AND SUBSIDIARY

UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2012

INDEX TO FINANCIAL STATEMENTS

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CASEDHOLE HOLDINGS, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED BALANCE SHEETS

See accompanying notes to these condensed consolidated financial statements.

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CASEDHOLE HOLDINGS, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

See accompanying notes to these condensed consolidated financial statements.

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CASEDHOLE HOLDINGS, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

See accompanying notes to these condensed consolidated financial statements.

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CASEDHOLE HOLDINGS, INC. AND SUBSIDIARY

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Casedhole Holdings, Inc. (the “Company”), a Delaware corporation, was established on April 1, 2008. The Company conducts its operations through its wholly owned subsidiary Casedhole Solutions, Inc.

Through the operating subsidiary, the Company provides a wide range of well-site services to oil and gas drilling and producing companies including logging, perforating, pressure control, plugging, and pipe recovery services. The Company maintains operations in nine service centers located throughout the major United States onshore oil and gas producing regions.

The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. “GAAP”).

Certain information and footnotes have been condensed or omitted, although management believes that the disclosures are adequate to make the information presented not misleading. These interim financial statements should be read in conjunction with the audited financial statements of the Company for the years ended December 31, 2011 and 2010 and the notes thereto.

Property and equipment consist of the following at March 31, 2012 (unaudited) and December 31, 2011.

Wells Fargo Facility

On June 29, 2011, the Company entered into a $45,000,000 senior secured credit facility with Wells Fargo Bank (“Wells Fargo facility”). The Wells Fargo facility includes a term loan, delayed draw term loan, and revolving commitment totaling $20,000,000, $10,000,000, and $15,000,000, respectively. The amount available under the revolving commitment is limited by the borrowing base which is determined as a percentage of working capital and inventory accounts. As of March 31, 2012, the borrowing base calculated to $26,936,984 but caps at $25,000,000.

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CASEDHOLE HOLDINGS, INC. AND SUBSIDIARY

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

The Company is subject to certain financial covenants including a fixed charge ratio, leverage ratios and minimum EBITDA thresholds. As of March 31, 2012, the Company was in compliance with all debt covenants.

Senior Subordinated Notes

On June 29, 2011, the Company entered into a $10,000,000 senior subordinated note with BNY Mellon-Alcentra Mezzanine III, L.P. (“subordinated notes”). The subordinated notes accrue interest at a fixed rate of 14% and mature on June 29, 2016. The Company is subject to a prepayment penalty equal to 3%, 2%, and 1% of the principal reduction until June 20, 2012, 2013, and 2014, respectively.

The Company is subject to certain financial covenants including a fixed charge ratio, leverage ratios and minimum EBITDA thresholds. As of March 31, 2012, the Company was in compliance with all debt covenants.

Future Minimum Payments

Future payments on notes payable as of March 31, 2012, are as follows for each year ending March 31:

During 2010, three new executives were allowed to purchase common stock upon acceptance of their employment with the Company. The purchase price was $25, $35, and $45 per share, respectively, which represented the estimated fair value at the time of issuance. The stock purchase totaled $437,500. The executives issued stock subscription notes totaling $268,750 as part of the purchase price. The stock subscription notes accrue interest at 6%. The maturity dates for stock subscription notes totaling $43,750 and $100,000 are June 1, 2014 and July 31, 2014, respectively. The remaining balance is to be repaid with 50% of the executives’ annual bonus until paid in full or April 30, 2014. From January 1, 2012 through March 31, 2012, the executives repaid $136,340 of principal and accrued interest. The stock subscription notes have been presented as a reduction to stockholders’ equity.

The 2008 Equity Incentive Plan (the “Equity Incentive Plan”) provides for the granting of incentive stock options to purchase shares of the Company’s common stock to key employees. The 2008 Equity Incentive Plan, as amended on April 29, 2011, authorizes the issuance of options to purchase up to an aggregate of 150,000 shares of common stock with maximum option terms of eight years from the date of the grant. The grant allows eligible individuals to purchase shares of common stock at an exercise price equal to the fair market value of the stock at the date of the grant. The Board approved the Equity Incentive Plan on October 31, 2008. As of March 31, 2012, 22,683 options remained to be granted under this plan.

The following is a summary of option activity under the plan discussed above:

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CASEDHOLE HOLDINGS, INC. AND SUBSIDIARY

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

The estimated fair value of the options granted during the three months ended March 31, 2011 was calculated using a Black-Scholes option-pricing model. During the three months ended March 31, 2012 no options were granted. For the three months ended March 31, 2011, the weighted average fair value of options granted totaled $23.80. The following table summarizes the weighted average assumptions used in the Black-Scholes model for options granted during the three months ended March 31, 2011:

The Company has not paid dividends historically, and has no plans to do so in the foreseeable future; thus, the dividend yields are estimated at zero percent. Expected volatility is based on an average of historical volatility rates based upon publicly traded companies within the oil and gas service industry. Management believes that these average historical volatility rates are currently the best available indicator of expected volatility. The risk-free interest rate is the implied yield available for zero-coupon U.S. government issues with a remaining term of five years. The expected lives represent management’s estimate of the period during which the options will be outstanding.

The options outstanding at March 31, 2012 have a weighted average remaining contractual life of 6.17 years. Unrecognized compensation costs related to non-vested options amounted to $1,225,029 as of March 31, 2012, which is expected to be recognized over the remaining requisite service period of 2.21 years. During the three months ended March 31, 2012 and 2011, the Company recognized $137,997 and $136,021, respectively, of stock compensation expense included in selling, general and administrative expenses.

The Company incurred management fees and expense reimbursements payable to its majority stockholder (“Intervale”) in the amount of $96,107 and $91,070 for the three months ended March 31, 2012 and 2011, respectively. As of March 31, 2012 and 2011, the Company owed Intervale $35,529 and $39,835, respectively, for expense reimbursements.

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CASEDHOLE HOLDINGS, INC. AND SUBSIDIARY

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

On May 17, 2010, the Company entered into a five-year employment agreement with Mr. Hobbs, former owner of E.M. Hobbs, Inc. which was acquired by the Company. The agreement includes an annual salary and one-time signing bonus of $1,000,000. The signing bonus and associated payroll taxes paid by the Company were to be repaid to the Company in the event Mr. Hobbs terminated his employment prior to May 17, 2011. During the three months ended March 31, 2012 and 2011, the Company has recognized $0 and $250,000, respectively, of compensation expense related to the bonus for services.

The Company has entered into multiple agreements with entities owned by members of management to lease buildings, office space and cranes, as well as general business services. For the three months ended March 31, 2012 and 2011, the Company incurred $354,623 and $242,546, respectively, in expenditures with respect to these parties.

The Company has employment agreements with several key officers and employees which require payment of a year of salary if such employees are terminated without cause. The maximum potential obligation is $1,625,000 as of March 31, 2012.

The Company has entered into purchase commitments with several vendors to produce wireline units and pumpdown units. The remaining commitments on the various units as of March 31, 2012 totaled approximately $5,800,000 and these commitments will be paid upon delivery of the units.

On June 5, 2012, the Company entered into an agreement with C&J Spec-Rent Services, Inc. to purchase 100% of the stock of Casedhole Holdings, Inc. The purchase price was $272,500,000 and is subject to normal purchase price adjustments. The transaction closed and funded on June 7, 2012.

Management has evaluated subsequent events through July 31, 2012, the date that these financial statements were available for issuance. No additional material subsequent events exist as of that date.

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