XENITRA LIMITED — Board/Management Information 2012

Oct 17, 2012

18 October 2012

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MEDIA/ASX ANNOUNCEMENT

APPOINTMENT OF INDEPENDENT NON‐EXECUTIVE DIRECTOR

www.titanenergyservices.com.au ASX ticker: TTN

As articulated at the IPO of Titan Energy Services, the Board of Directors has sought to increase the number of Independent directors and bring additional expertise to the Company.

With the anniversary of its ASX‐listing in December 2012, Titan is pleased to announce the appointment of Mark Snape to its Board.

Mr Snape, the Chief Executive Officer of the Rivercity Motorway Group, (the owner of the CLEM7 Motorway), has been appointed as an Independent Non‐executive Director from today 18 October 2012.

“Mark has considerable experience in the energy sector, large scale infrastructure development, risk management and project financing. He will bring significant commercial and contracting insight from his time with John Holland, as it is representative of many of our existing and targeted customers.” said Chairman of Titan, Shaun Scott.

“Mark will be a great addition to Titan’s Board as the Company seeks to build on its success of 2012 and continue its growth in its drilling, accommodation and catering divisions.”

Prior to joining Rivercity Motorway, Mr Snape held various senior management positions, including; Group General Manager – Infrastructure, Finance and Investment for John Holland, Managing Director in Australia for American Electric Power, Director of Deloitte Corporate Finance, Director of County Natwest Corporate Finance, and, a Director of BZW Corporate Finance.

In addition, Mr Snape has held non‐executive director positions for ASX‐listed entities Connecteast Group, Brisconnections Group, and Pacific Hydro Limited.

Titan listed on Australian Securities Exchange in December 2011 and achieved $3.9 million in earnings before interest and tax (EBIT) for FY2012. The company is currently targeting EBIT of between $7million to $8million for FY2013.

Mr Snape will replace Wayne Seabrook. Mr Seabrook was a founding director of Atlas Drilling in 2007 and the Board expresses its thanks for his contribution over the past 5 years. The Board has agreed to retain the original expiry date of Mr Seabrook’s options.

ENDS

For investor or media inquiries:

Mr Shaun Scott Chairman Tell: 0412 501 524

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About Titan

Titan Energy Services Limited (ASX: TTN) is a diversified oil and gas services business with a focus on the rapidly growing CSG‐LNG industry in eastern Australia.

Titan was established in 2007, through its wholly owned subsidiary Atlas Drilling. In September 2011, Titan acquired the Resources Camp Hire (RCH) business, a provider of flexible, innovative temporary accommodation solutions to the oil and gas sector, and the remote infrastructure construction sector. Through its subsidiary Nektar Remote Hospitality, Titan also offers remote catering and camp management services.

Titan currently manages 404 remote accommodation rooms, operates three drilling rigs, owns and hires equipment (including pumps and ancillary drilling tools) and owns and deploys transport assets including trucks, trailers and loaders.

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