ABERDEEN, Scotland – 16 June 2006 – Downhole Products, a leading manufacturer of specialist oilfield equipment for the international upstream oil and gas industries, today announced the introduction of its innovative Grippy™ line of cross-coupling ESP cable and control line protector clamps. Known throughout the industry as a leading supplier of solid centralisers and reamer shoes, the launch of this innovative new line of protector clamps represents a new market for Downhole Products.

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Preventing Costly Problems Downhole. When cable protectors are defectively designed, made of poor quality materials or cables are simply unprotected, they can cause serious problems in the wellbore. It’s every drilling engineer’s nightmare when thousands of feet of cable become loose from the tubing during running or pulling operations, creating a bird’s nest between the tubing and casing. More often than not, the tubing becomes hopelessly stuck in the casing, and many days are lost to fishing operations. In addition, when a cable remains unprotected, compression-induced damage can deform and weaken conductors and control lines, rendering them useless. Therefore, it is critical to select quality protector clamps to prevent these types of unforeseen and costly events.

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