Oil States Acquires New Colorado Manufacturing Facility

Oil States International, Inc. OIS announced today it has acquired a manufacturing facility north of Denver, Colorado in Johnstown, Colorado that will provide additional construction capacity for both the U.S. and Canadian remote site accommodation markets. The Company expects that the new accommodations manufacturing facility will create 249 new U.S. jobs over the next five years. The manufacturing facility is expected to be operational commencing in the first quarter of 2012 with production starting by mid-year. Initial production capacity is projected at 2,500 modular units per year.