ORBIT GAR ANT DRILLING INC. PRO FORMA CONSOLID A TED ST A TEMENT OF EARNINGS AND COMPREHENSIVE INCOME F or the 12 months ended March 31, 2008 (unaudited) Orbit Garant Orbit Garant Orbit Garant Drift Drilling Inc. Drilling Inc. Drilling Inc. 16 days P ro forma 9 months 9 months 6 months ended consolidated ended ended ended April 16, 12 months ended March 31, June 30, March 31, 2007 March 31, 2008 2007 2007 (Note 4) 2008 $$$ $ $ (1) (2) (3) (4) (1)+(2) - (3)+(4) CONTR A CT REVENUE ................. 57,502,957 36,732,820 18,853,888 241,148 75,623,037 COST OF CONTR A CT REVENUE .......... 37,423,033 26,132,158 13,635,178 167,442 50,087,455 GROSS PROFIT ....................... 20,079,924 10,600,662 5,218,710 73,706 25,535,582 EXPENSES General and administrative ............... 3,543,319 1,989,799 1,041,056 28,242 4,520,304 Amortization of capital assets .............. 1,860,346 1,673,821 895,063 5,719 2,644,823 Amortization of intangible assets ........... 3,016,501 2,464,935 1,459,436 — 4,022,000 Management fees ..................... 187,500 187,500 125,000 — 250,000 Integration fees ...................... 160,925 255,697 26,716 — 389,906 L oss (gain) on sale of capital assets .......... 22,775 (130,461) 6,972 — (114,658) F oreign exchange losses (gain) ............. 30,022 17,131 391 (5,477) 41,285 Interest on long-term debt ................ 1,102,161 952,796 562,798 — 1,492,159 Interest and bank charges ................ 378,531 109,867 43,293 — 445,105 10,302,080 7,521,085 4,160,725 28,484 13,690,924 EARNINGS BEFORE THE FOLLOWING ITEMS 9,777,844 3,079,577 1,057,985 45,222 11,844,658 OTHER REVENUE .................... 4,111 88,054 76,648 — 15,517 SHARE IN NET EARNINGS OF A COMP ANY SUBJECT TO A SIGNIFICANT INFL UENCE . . 283,323 — — — 283,323 EARNINGS BEFORE INCOME T A XES AND NON-CONTROLLING INTEREST ......... 10,065,278 3,167,631 1,134,633 45,222 12,143,498 INCOME T A XES ...................... 2,104,786 1,184,258 423,642 29,216 2,894,618 NET EARNINGS BEFORE NON-CONTROLLING INTEREST ......... 7,960,492 1,983,373 710,991 16,006 9,248,880 NON-CONTROLLING INTEREST ........... — 84,280 50,992 — 33,288 NET EARNINGS ...................... 7,960,492 1,899,093 659,999 16,006 9,215,592 OTHER COMPREHENSIVE LOSS, NET OF INCOME T A XES Unrealized losses on available-for-sale investments ........................ (4,165) (30,359) (29,175) — (5,349) COMPREHENSIVE INCOME .............. 7,956,327 1,868,734 630,824 16,006 9,210,243 Earnings per share Basic ............................. 0.29 Diluted ............................ 0.28 W eighted average number of common shares outstanding Basic ............................. 32,281,542 Diluted ............................ 33,062,730 F-60