ORBIT GAR ANT DRILLING INC PRO FORMA CONSOLID A TED ST A TEMENT OF EARNINGS AND COMPREHENSIVE INCOME F or the 3 months ended March 31 2007 unaudited Orbit Garant F orage Drift P ro forma Drilling Inc Orbit Inc 3 months consolidated 3 months 1 month ended 3 months ended ended March 31 P ro forma ended March 31 January 31 2007 adjustments March 31 2007 2007 Note 7 Note 3b 2007 CONTR A CT REVENUE 13127435 2669378 979265 16776078 COST OF CONTR A CT REVENUE 9348029 1771285 751880 11871194 GROSS PROFIT 3779406 898093 227385 4904884 EXPENSES General and administrative 847416 114660 102831 1064907 Amortization of capital assets 557373 131244 34311 722928 Amortization of intangible assets 867609 137891 1005500 Management fees 62500 62500 Integration fees 26716 26716 L oss on sale of capital assets 6972 378 7350 F oreign exchange losses gain 3 9 1 2927 29207 31743 Gain on sale of longterm investments 2535 2535 Interest on longterm debt 360670 33953 394623 Interest and bank charges 40997 11658 10000 62655 2770644 286431 117935 137891 3312901 EARNINGS BEFORE THE FOLLOWING ITEMS 1008762 611662 109450 137891 1591983 OTHER REVENUE 71866 71866 SHARE IN NET EARNINGS OF A COMP ANY SUBJECT TO A SIGNIFICANT INFL UENCE EARNINGS BEFORE INCOME T A XES AND NONCONTROLLING INTEREST 1080628 611662 109450 137891 1663849 INCOME T A XES 392323 197455 29539 43339 575978 NET EARNINGS BEFORE NONCONTROLLING INTEREST 688305 414207 79911 94552 1087871 NONCONTROLLING INTEREST 50992 18099 69091 NET EARNINGS 637313 396108 79911 94552 1018780 OTHER COMPREHENSIVE LOSS NET OF INCOME T A XES Unrealized losses on availableforsale investments 29175 29175 COMPREHENSIVE INCOME 608138 396108 79911 94552 989605 Earnings per share Basic 003 Diluted 003 W eighted average number of common shares outstanding Basic 32281542 Diluted 33062730 F62