Boots & Coots and add energy Enter into Cooperative Agreement

• Press Release
• Source: Boots & Coots
• On 6:00 am EDT, Tuesday October 6, 2009

HOUSTON--(BUSINESS WIRE)--Boots & Coots (NYSE:WEL - News) and add energy have entered into a cooperation agreement to be able to market and offer an integrated risk management solution covering blowout prevention, mitigation, response and related services.

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Symbol	Price	Change
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“This agreement gives Boots & Coots instant exposure to producers working in the prolific Norwegian Continental Shelf as well as worldwide, and builds on the offerings we acquired from John Wright Company,” said Jerry Winchester, president and CEO of Boots & Coots. “Both companies are focused on safety, compliance, reduced emissions and cost efficiency as key drivers in the industry, and combining strengths and efforts on well control projects will provide the market with a complete solution to these unpredictable and complex events,” continued John Wright, Boots & Coots’ new senior vice president of technology.

“Our strategy is to build add energy into a preferred supplier of competence and innovative solutions combining new solutions and experience in niches of the energy market,” commented Stig H. Christiansen, CEO of add energy. “In this process strategic agreements that provide complementary strengths will be an important building block in combination with both organic and structural growth and selective internationalization.” Added Dr. Ole B. Rygg, Head of Drilling & Production in add energy and managing director of add wellflow, “We are very pleased with this agreement. Our companies are complementary both in terms of strategic focus, service line and geography. We are convinced that this cooperation will add value to our clients and therefore to our companies.”

Under the agreement, Boots & Coots and add energy will cooperate on well control response and blowout prevention related risk and engineering services in Norway and on transient hydraulic simulations worldwide. Houston based Boots & Coots has over 30 years of experience in pressure control and is recognized throughout the oil and gas industry for this expertise. With more than two decades of operational experience, Norwegian based add energy is a unique service provider aiming to provide the energy industry with the power to perform. Through its subsidiary company add wellflow, the group has over the last twenty years grown to be recognized as the leading supplier of dynamic simulations and flow engineering for well control incidents and contingency planning.

About Boots & Coots

Boots & Coots, Inc., with its headquarters in Houston, Texas, provides a suite of integrated pressure control services to onshore and offshore oil and gas exploration companies around the world. Boots & Coots’ products and services include well intervention services designed to enhance production for oil and gas operators. These services consist primarily of hydraulic workover and snubbing services. Boots & Coots’ equipment services segment provides high pressure, high temperature rental tools. The company’s pressure control services are designed to reduce the number and severity of critical events such as oil and gas well fires, blowouts or other incidences due to loss of control at the well. This segment consists primarily of the company’s Safeguard prevention and emergency response services.

About add energy group

add energy group shall be the preferred supplier of competence and innovative solutions in niches of the energy market. Our business activities are organized into respectively Consulting, Drilling & Production, Energy & Environment and add academy.

add energy group has ca. 150 employees and consultants. The group had revenues of nearly NOK 300 mill in 2008, and is owned by Stavanger-based Private Equity fund Progressus together with employees and consultants in add energy. The group has high industrial ambitions for growth in niches and via selective internationalization.

add energy group has offices in Stavanger, Oslo and Aberdeen.

For more information, please refer to www.boots-coots.com and www.addenergy.no.

Certain statements included in this news release are intended as "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Boots & Coots cautions that actual future results may vary materially from those expressed or implied in any forward-looking statements. More information about the risks and uncertainties relating to these forward-looking statements is found in Boots & Coots' SEC filings, which are available free of charge on the SEC's web site at www.sec.gov.

Boots & Coots
Jennifer Tweeton, 281-931-8884
jtweeton@boots-coots.com
or
add energy
CEO
Stig H. Christiansen, 47 51 87 44 87 or 47 47 80 78 13 (mobile)
stig.h.christiansen@addenergy.no