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Use of Proceeds We will receive net proceeds of approximately $113.0 million from the sale of the common stock offered by us in this offering after deducting estimated offering expenses and underwriting discounts and commissions of approximately $11.7 million. We will not receive any of the proceeds from the sale of shares of our common stock by the selling stockholders, including pursuant to the underwriters’ option to purchase additional shares. We intend to use the net proceeds we receive from this offering to repay all outstanding indebtedness under our new senior secured credit facility entered into in April 2011, approximately $105.0 million of which was outstanding on June 30, 2011. We intend to use any remaining net proceeds to partially fund the purchase price of our on-order hydraulic fracturing fleets. The following table illustrates our use of proceeds from this offering: Sources of Cash (In millions) Uses of Cash (In millions) Net proceeds to us Repayment of borrowings under from this offering $ 113.0 our credit facility $ 105.0 Partial payment of our on-order hydraulic fracturing fleets 8.0 Total $ 113.0 Total $ 113.0 As of June 30, 2011, we had approximately $95.0 million available for borrowing under our new credit facility. Indebtedness under our credit facility was incurred primarily to repay $49.6 million of indebtedness under our previous revolving credit facility and $29.9 million of indebtedness, accrued interest and early termination penalties under our subordinated term loan and to fund $25.0 million of the purchase price for our acquisition of Total. Indebtedness under our previous revolving credit facility and our subordinated term loan, which were terminated in connection with the repayment, were incurred primarily to fund the acquisitions of Fleet 3 and Fleet 4. Our new credit facility will mature on April 19, 2016. As of June 30, 2011, the interest rate under our credit facility was 2.8%. Affiliates of certain of the underwriters are lenders under our credit facility and, accordingly, will receive a portion of the proceeds from this offering. We estimate that the selling stockholders will receive net proceeds of approximately $194.2 million from the sale of 7,200,000 shares of our common stock in this offering after deducting underwriting discounts and commissions. If the underwriters’ option to purchase additional shares is exercised in full, we estimate that the selling stockholders will receive net proceeds of approximately $240.7 million. We will pay all expenses related to this offering, other than underwriting discounts and commissions related to the shares sold by the selling stockholders.