1. Peter C. Boylan III – Chairman & CEO
Duff & Phelps 6th Annual Private Capital Conference | March 6th, 2014
Confidential

2. LEGAL INFORMATION
Some of the statements in this presentation concerning future performance are forward-looking within the meaning of U.S. securities
laws. Forward-looking statements discuss the Issuer’s future expectations, contain projections of results of operations or of financial
condition, forecasts of future events or state other forward-looking information. Words such as “may,” “assume,” “forecast,” “position,”
“strategy,” “expect,” “intend,” “plan,” “estimate,” “anticipate,” “believe,” “project,” “budget,” “potential,” or “continue,” and similar
expressions are used to identify forward-looking statements. Forward-looking statements may include statements that relate to,
among other things, availability of cash flow to pay minimum quarterly distributions on the Issuer’s common units; the consummation
of financing, acquisition or disposition transactions and the effect thereof on the Issuer’s business; the Issuer’s existing or future
indebtedness and credit facilities; the Issuer’s liquidity, results of operations and financial condition; future legislation and changes in
regulations or governmental policies or changes in enforcement or interpretations thereof; changes in energy policy; increases in
energy conservation efforts; technological advances; volatility in the capital and credit markets; the impact of worldwide economic and
political conditions; the impact of wars and acts of terrorism; weather conditions or catastrophic weather-related damage;
earthquakes and other natural disasters; unexpected environmental liabilities; the outcome of pending or future litigation; and other
factors, including those discussed in “Risk Factors” section of the S-1 registration statement. Except for historical information
contained in this presentation, the matters discussed in this presentation include forward-looking statements that involve risks and
uncertainties. The Issuer does not undertake and specifically declines any obligation to publicly release the results of any revisions to
these forward-looking statements that may be made to reflect any future events or circumstances after the date of such statements or
to reflect the occurrence of anticipated and unanticipated events. Forward-looking statements are not guarantees of future
performance or an assurance that the Issuer’s current assumptions or projections are valid. Actual results may differ materially from
those projected. You are strongly encouraged to closely consider the additional disclosures and risk factors contained in the
prospectus.
2
Confidential

3. IPO SUMMARY – JANUARY 15TH, 2014
Issuer:
Cypress Energy Partners, L.P. (NYSE: CELP)
Common units sold:
4,312,500 units (~ 4.5X oversubscribed)
Offering size:
$86.25 million
IPO Price per unit:
$20.00 (Yield of 7.75%); Current Yield ~ 6.3% @ $24.49 (3/3/14)
Minimum quarterly distribution:
$0.3875 per unit ($1.55 annualized); Q1 2014 will be pro-rated for
IPO on 1/15/14.
Equity market value:
$237 million @ IPO price of $20/unit (11.826MM
units outstanding); $290 million @ $24.49 (3/3/14)
Estimated distribution coverage:
1.15x total unit coverage, 2.30x common unit coverage
Expected tax shield:
≥ 80%
Book-Running managers:
Raymond James, Baird, Stifel, BMO
Co-managers:
Janney, Wunderlich
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Confidential

4. CYPRESS ENERGY PARTNERS OVERVIEW
Serves Energy Companies
Water & Environmental Services (W&ES)
Pipeline Inspection & Integrity Services (PI&IS)
• Founded in 2012
• Tulsa Inspection Resources, Inc. (TIR)
− 50.1% interest in TIR entities held by CELP at IPO
• Saltwater disposal and other water &
environmental services
• Founded in 2003
• Sponsor (Charles Stephenson, Jr.; E&P)
• Pipeline inspection & integrity services
• 9 owned SWD facilities (Bakken-7; Permian-2)
• Large provider of independent services
−
−
−
−
− High quality construction & ops.
− Average age of 16 months at 9/30/13
− Avg. disposal volume of ≈53,000 barrels per day (BPD)
during 9 months 9/30/13
− ≈75% YTD volume is produced water
− Capacity to grow volumes, ≈42% avg. facility utilization
− Annual injection capacity of ≈50 million barrels
− 3 facilities currently receive piped water
Pipelines and related infrastructures
U.S. and Canada
Proprietary database of 10,000+ inspectors
1,700+ inspectors employed at 9/30/13
• Scalable
• Recurring revenue given maintenance,
repair & operations (MRO) activities relating
to existing pipelines
• Manage 4 additional facilities in Bakken
% of CELP LTM 9/30/13 Adj. Gross Margin: 46%(1)
% of CELP LTM 9/30/13 Adj. Gross Margin: 54%(1)
(1) Includes 100% of W&ES and 50.1% of PI&IS.
4
Confidential

5. INVESTMENT HIGHLIGHTS
Independent
Cypress/TIR team
inspection & integrity
has significant
business serving
industry experience
large pipeline owners
and connections
of North America
High quality new
SWD facilities in
active U.S. oil & gas
producing regions
Increasing U.S.
energy activity –
“U.S. Energy
Independence”
Heightened industry
focus on regulatory
compliance and
safety
Cypress/TIR team
has significant
industry experience
and connections
Water & Environmental Services
Pipeline Inspection & Integrity Services
Consolidation and
growth opportunities
in highly fragmented
markets
Provide services
throughout long life
of customers’ assets
5
Confidential

6. WATER & ENVIRONMENTAL SERVICES
Water
Acquisition
Fracturing
Fluid Mixing
Fracturing
Fluid Injection
Well Completion
Production of
Oil/Gas And
Saltwater
Flowback: up to 47% of
injected water within 10 days(1)
Flowback Water
Transportation
Produced Water
Transportation
= Current Cypress Activities
Pipeline
Water Handling And
Disposal Is A Growing,
Multi-Billion Dollar Annual Market
Saltwater
Disposal (SWD)
Recycling
Saltwater Injection
Residual
Oil Sales
(1) Source: University of North Dakota Study of Bakken wells, April 2010.
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Confidential

7. WASTEWATER (OR SALTWATER)
• Water is a byproduct of oil & gas operations, with virtually all wells producing
wastewater for lifespan of well
− Brinish fluid (saltwater) returns to the surface during well completion
(flowback water) and during production (produced water)
Flowback
Water
Produced
Water
• Millions of gallons of water are injected during fracturing of
horizontal wells
• Portion of this water returns to surface during weeks following
completion
• Naturally occurring water flows to surface with oil and natural gas
• Generated for lifespan of the well (in Bakken and Permian, can
be decades)
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Confidential

8. SWD FACILITY OVERVIEW(1)
• Subsurface injection at an SWD facility is industry
standard method of saltwater disposal
• SWD facility: unload, filtration, separation, treatment,
tanks (water and oil), pumps, disposal well(s) and
associated equipment
• Residual (skim) oil is separated from saltwater and
saltwater is injected deep underground
CELP Injection Interval > 4,000’
(1) SWD wells are regulated by U.S. EPA as Class II injection wells.
8
Confidential

9. Transportation
TRANSPORTATION, CUSTOMERS, REVENUE
• 2 methods of saltwater transport
− Trucking is primary method of transporting saltwater today(1)
− Pipeline is alternative method for transporting saltwater from oil & gas well
to SWD facility(2)
• Producers increasingly favor piping, given trucking’s cost, carbon footprint,
road damage, weight limit and liability issues
Customers
• Producers that contract directly with SWD facility (typically piping)
Revenue
• Disposal can be transportation-intensive; transportation is 56% to 84% of
Williston producers’ total water handling and disposal costs(3)
− Piping reduces operating costs (and carbon footprint, liability) for producers
• SWD facility charges a fee per barrel of saltwater disposed
• Trucking companies hired by producers to transport saltwater
• SWD facility sells residual oil
(1) CELP does not own trucks but serves trucking companies.
(2) CELP has 3 facilities that currently receive piped water, and a producer is in the process of building pipelines to CELP facilities. Additional piping
opportunities under discussion.
(3) Source: University of North Dakota Study of Bakken Wells, April 2010.
9
Confidential

10. SWD DEMAND DRIVERS AND TRENDS
25
23
1. Increasing levels of U.S. onshore oil & gas production
− Increasing production equates to increasing saltwater volumes
− EIA forecasts 15+% growth from 2012 to 2014 in Lower 48(1)
20
18
15
13
10
2. Increasing volumes of water utilized for completion of U.S.
oil & gas wells
15.38
17.71
13.77
16.67
12.35
2010
8
5
− Total water used for fracturing in Texas more than doubled
from 2008 to 2011(2)
− Average U.S. onshore well length (and number of stages)
is increasing
Lower 48 Oil & Gas Production (MMBoe/d)(1)
2011
2012
2013P
2014P
3
0
All U.S. Onshore (3)
Wells Drilled
80,000
70,000
7,498
60,000
50,000
Avg. Footage Per Well
8,308
8,155
7,862
10,000
9,500
9,000
8,500
8,000
6,753
7,500
7,000
40,000
6,500
6,000
3. Increasing capital needs and public & regulatory scrutiny
driving outsourcing
− Producers want to drill oil & gas wells, not build waste
infrastructure, with capital
− Producers know E&P, not waste & associated regulatory
compliance
30,000
20,000
43,000
38,000
48,100
46,600
46,300
− 2 of most active drilling regions
− EIA forecasts increasing production in both basins
4,000
3,500
0
3,000
2010
2.0
1.8
1.5
2011
2012
2013P
2014P
Hydrocarbon Liquids Production (4) (MMBbl/d)
Williston Basin (ND; SD; eMT)
Permian Basin (TX; NM)
1.0
0.8
1.18
0.5
0.3
0.72
1.29
0.95
1.13
1.37
0.0
2012
(1)
(2)
(3)
(4)
2013P
2014P
Source: U.S. EIA Petroleum Supply Monthly and Natural Gas Monthly, November 2013. Lower 48 States excluding Gulf of Mexico.
Source: Texas Water Development Board, Proposed Mining Demands for 2016 Regional Use and 2017 State Water Plan, January 2013.
Source: Spears & Associates, Drilling and Production Outlook, December 2013.
Source: U.S. EIA Short-Term Energy Outlook, February 2013.
10
5,000
4,500
10,000
1.3
4. Current CELP facilities in Williston/Bakken and Permian
5,500
Confidential

11. PIPELINE INSPECTION & INTEGRITY SERVICES
• Regulations require pipeline operators to develop an integrity management
program and conduct inspection, with operators outsourcing elements
In-line Inspection
Smart pigs
Pig tracking


Wellhead
Processing/Treating
Facilities
Gathering System
Pipeline Inspection Is A Growing,
Multi-Billion Dollar Annual Market
Other Non-destructive
Examination (NDE) Inspection
Visual/aerial
X-ray
Ultrasonic
Other testing

Pipelines/Transportation
Lines/Storage Facilities



End
Users




Construction and
Repair Management
Project supervision and
coordination of field
activities
Dig site excavation
oversight
Defect assessments and
mapping/surveying
Documentation
Staking Services
AGM placement
Dig site staking


Data and Integrity Program
Management Services
Smart pig and other NDE
inspection data
Anomaly and above
ground marker (AGM)
reports
Automated dig sheet
generation


= Current TIR Activities
11

Confidential

12. INFRASTRUCTURE BY USER/SECTOR
Natural Gas
Local
Distribution
Company
Natural Gas
Transmission Pipelines
Gas Gathering
Compression
Gas Processing &
Treating Plants
Distribution
Lines
Residential
Compression
Electric Generation
Natural
Gas
Storage
Commercial/Industrial
Crude Oil
Gathering
Natural Gas
Liquid (“NGL”)
Transmission
Pipelines
LNG Export
NGL Fractionation
NGL
Transmission
Pipelines
Chemicals and Plastics
Residential
Crude Transportation
User/Sector
Currently
Served By
TIR
Crude Storage
Pipelines
Rail
Truck
Crude Oil Field
Tank Battery
Upstream
Oil & Gas Wells
Refinery
Midstream
Downstream
Users
12
Confidential

13. CUSTOMERS AND REVENUE
Revenue
Customers
• Midstream pipeline companies are historically the largest consumers of
independent inspection & integrity services
• Oil & gas producers with gathering systems are customers that are subject to
additional scrutiny due to recent regulations
• Local Distribution Companies (“LDCs”) and Public Utility Companies (“PUCs”)
represent small but growing component customer base
− Recent high profile LDC/PUC accidents have increased regulatory oversight
− Like gathering systems, utility pipelines are subject to additional scrutiny due
to recent regulations
• Customers typically pay daily rate per inspector as well as per diems/expenses
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Confidential

14. SERVICES FOR LIFESPAN OF ASSETS
• North American oil & gas wells
can produce for decades,
including U.S. onshore wells
− Wells can produce higher %
water as they age
• North American pipeline
infrastructure also lasts decades
− 60+% of U.S. active pipeline
was installed 40+ years ago(1)
− Older pipeline is more
susceptible to failures
% Of U.S. Pipe Mileage Installed
By Decade(1)
25%
20%
15%
10%
5%
0%
(1) Source: INGAA The Role of Pipeline Age in Pipeline Safety, November 2012.
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Confidential

15. INSPECTION DEMAND DRIVERS AND TRENDS
1. Substantial existing infrastructure that is
aging
− 2.3+ million miles of transmission and
distribution pipelines in U.S. plus
millions of miles of gathering systems(1)
2011-2035 Infrastructure Investment(2)
(U.S. Dollars in Billions)
Western,
$12.4
Offshore,
Arctic, $0.3
$5.3
Midwest,
$20.8
Southwest,
$56.0
2. Expanding infrastructures with shifts in
energy production and consumption
− $250+ billion will need to be invested in
North American energy infrastructure
from 2011-2035(2)
Canada,
$38.7
Northeast,
$33.6
Southeast,
$35.6
Central,
$48.1
3. Operators of pipelines and related infrastructure are facing increasingly stringent
government regulations and safety requirements, are not staffed to address and
are increasingly preferring to outsource for independence and avoidance of
permanent overheads
(1) Source: Pipeline and Hazardous Materials Safety Administration (PHMSA), U.S. Department of Transportation main website.
(2) Source: INGAA North American Midstream Infrastructure Through 2035, June 2011.
15
Confidential

16. COMPETITIVE LANDSCAPE
Water & Environmental Services
Pipeline Inspection & Integrity Services
(W&ES)
(PI&IS)
• Certain producers with private SWD
facilities serving own production
• In-house personnel
• Engineering & construction (E&C)
companies
• Service providers with commercial SWD
facilities serving producers (piping),
vertically integrated trucking companies
and third party trucking companies
• Independent inspection & integrity
services companies
• Highly fragmented market of oil & gas
industry(1)
• Examples: Wood Group/Mustang (E&C);
Intertek/Moody Int’l (independent
inspection)
• NGL Energy Partners (NGL) has been
actively acquiring businesses within the
water services sector since June 2012
• TIR is believed to be one of the leading
providers of independent inspectors to
the North American pipeline industry
Cypress was 1st IPO in W&ES as well as in PI&IS
(1) For example, data available from the Texas Railroad Commission lists over 900 operators owning approximately 2,500 commercial SWD wells in Texas with
the largest operator having 73 SWD wells and several hundred operators owning only a single SWD well.
16
Confidential

17. CYPRESS’ OWNED SWD FACILITIES
7 Owned ND Facilities
SWD facility
SWD facility with piped water
2 Owned TX Facilities
Mountrail County, ND Facility (2 Wells)
•
•
•
•
•
•
•
Opened June 2012 – 10 acres leased(1)
4,000+ feet deep SWD injection zone
1st wellbore: est. capacity of 13,500 BPD
2nd wellbore: est. capacity of 15,000 BPD
(3) Piped water lines – E&P customer
DVR security systems
Automation systems
(1) Cypress facilities are up to 30 acres.
17
Confidential

18. LEADER IN INDEPENDENT INSPECTION
• Strong long-term relationships with
customers and inspectors
− Proprietary database of
10,000+ inspectors
• Serves 60+ customers across
North America(1)
• Growing revenue
Average TIR Inspector Headcount Per Quarter
Number of
Inspectors
1,800
TIR (100%)
2012
9 mos.
9/30/13
12 mos.
9/30/13
$234
$268
2011
1,700+ @ 9/30/13
(up 50+% from year ago)
1,600
2012
2013
1,667
1,400
1,153
1,200
1,180
1,000
1,303
799
800
689
600
Revenue (U.S.
dollars in millions)
2010
462
$341
309
0
Q1
727
716
530
400
200
1,035
437
507
305
Q2
Q3
Q4
TIR’s Top Customers By Revenue – 9 Months 9/30/13 (In Alpha Order)
(1) For the three months ended September 30, 2013.
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Confidential

19. HEIGHTENED REGULATORY LANDSCAPE
• Evolving environmental and safety regulations for both business segments
• Increased outsourcing by oil & gas customers in both business segments
− Seeking independent or third party service provider such as Cypress/TIR
− Cypress/TIR advantage: history in oil & gas industry; positive reputation
Example: Pipeline Transportation Safety Improvement Act of 2011
− Significantly limits applicability of grandfather clause for pre-1970
(or 50+% of) pipelines as pertains to testing/inspection
− Expansion into gathering systems and LDC/PUC pipelines
− Critical elements positively impacting TIR business take effect in the near term
19
Confidential

20. EXPERIENCED TEAM (1 OF 2)
Peter C. Boylan, III
Chairman, CEO and
President
 Co-Founder of Cypress Energy Partners
 Director of MRC Global* and BOK Financial*
 Former Director and Officer of Liberty Media* companies
G. Les Austin
VP and CFO
 CFO of RAM Energy Resources*
 CFO of Matrix Service Company*
 Positions at Flint Energy Construction and Ernst & Young
Richard Carson
VP and General
Counsel
 Shareholder & Attorney at GableGotwals Counsel
 Senior Counsel at The Williams Companies*
 20+ years of legal experience
Jeff English
VP of Operations
 VP of Operations of Bosque Systems
 Positions at Vartec Telecom and Ernst & Young
Don LaBass
VP and Chief
Accounting Officer
 CFO of Cherokee Nation Businesses
 Positions with BOK Financial*, Gemstar TV Guide
International* and KPMG
Jim Dowdy
VP Corp.
Development
 20 years of Acquisitions & Divestitures experience in oil & gas
industry, including Samson
* denotes public company
20
Confidential

21. EXPERIENCED TEAM (2 OF 2)
Randall Lorett
CEO and President
of TIR
 Co-Founder of TIR (2003)
 25 years of experience in pipeline inspection & integrity services
Charles C.
Stephenson, Jr.
Director and “Sponsor”
 Co-Founder of Cypress Energy Partners
 Founded Vintage Petroleum* (sold to Oxy in 2006)
 Co-Founder and Chairman of Premier Natural Resources
Phil Gisi
Director
And “ND Partner”
 Co-Founder of Cypress Predecessor
 Has other SBG entities
 CEO and President of Edgewood Vista Senior Living
John T. McNabb, II
Director
 Vice Chairman of Investment Banking at Duff & Phelps
 Director of Continental Resources* and Willbros*
Henry L. Cornell
Director
 Former Vice Chairman of Goldman Sachs Merchant Banking
 Previously practiced law at Davis, Polk & Wardwell
 Director of MRC Global*
* denotes public company
21
Confidential

22. CELP GROWTH OPPORTUNITIES
Organic Growth And Existing Opportunities
• Increased utilization of existing assets (W&ES) and personnel (PI&IS)
• Sponsor owns additional interests in TIR entities (U.S.; Canada; NDE)
• Partnering opportunities with producers (e.g., piping water to CELP SWD facilities)
• Another SWD facility at Sponsor
• Additional SWD facility management opportunities
• Expanded PI&IS services (e.g., additional NDE services and users for PI&IS)
• First right to negotiate with ND Partner on other SBG entities (e.g., pipeline
construction opportunities, gas & diesel wholesale venture)
Additional Acquisition Opportunities
• Multiple SWD facilities in U.S. (e.g., TX/NM Permian, Bakken, Eagle Ford,
OK Panhandle), including piped facilities
• Associated W&ES services (e.g., oil reclamation)
• PI&IS services (e.g., aerial inspection, additional NDE, right-of-way)
22
Confidential

23. CONSOLIDATED CELP FINANCIAL PERFORMANCE
PI&IS Summary(1)
Disposal Volume
Revenue
$25
$21.6
25
$20
$14.6
20
$15
15
10
22.8
18.7
$5
11.0
5
$10
0
Average Number of Inspectors
30
$30
$24.6
Revenue (Dollars in Millions)
Disposed Saltwater (MMBbl)
35
$0
12/31/12PF
9/30/13PF
12 Months Ended
2,000
1,000
1,326
500
$200
$248.4
$13.0
$17.6
(4)
$20
(4)
$10
$100
$0
$0
12/31/12PF
(1)
(2)
(3)
(4)
9/30/13PF
12 Months Ended
1,446
$100
919
0
$40
(Dollars in Millions)
$30
$23.4
$300
$200
$0
9/30/13PF
12 Months Ended
12/31/14P
Adjusted Gross Margin(3)
$396.6
$362.6
$300
12/31/12PF
Adj. EBITDA (Dollars in Millions)
Revenue (Dollars in Millions)
$400
$400
$233.8
12/31/14P
$40
Revenue
Adj. EBITDA
$372.0
1,500
Revenue(2) And Adjusted EBITDA(3)
$500
Avg. # of Inspectors
$341.0
Revenue
Revenue (Dollars in Millions)
W&ES Summary
W&ES
PI&IS
$36.0
$29.7
$30
$18.3
$20.7
$20
$16.0
$11.2
$10
$9.5
$13.7
$17.7
$0
12/31/12PF
12/31/14P
9/30/13PF
12 Months Ended
12/31/14P
Includes 100% of PI&IS.
Includes 100% of W&ES and 100% of PI&IS.
Includes 100% of W&ES and 50.1% of PI&IS. Refer to slide 33 for a reconciliation of Adjusted EBITDA to Net Income (Controlling Interests).
Does not reflect incremental G&A Expense for being a publicly traded partnership.
23
Confidential

24. FINANCIAL FLEXIBILITY – CREDIT FACILITY
• New Credit Facility of $120 MM (12/24/13)
CELP Capitalization (Pro Forma for Offering,
including exercise of shoe in full) Pro Forma
− Arrangers: Deutsche Bank, BMO
− $65 MM Borrowing Base Facility &
$55 MM Acquisition Facility
− Also provides for $100 MM
9/30/13 (2)
(U.S. Dollars In Thousands)
Cash and Cash Equivalents
$
15,190
Mezzanine Facilities
Revolving Credit Facility
New Credit Facility (3)
$
67,121
Total Long-Term Debt
$
67,121
$
-
Long-Term Debt:
Accordion(1)
• $23.4 MM forecasted Adj. EBITDA
Attributable To Controlling Interests
for 12 months ending 12/31/14
Member's/Partners' Equity:
CEP Successor Member's Equity
• Covenants based on Adj. EBITDA (100%)
rather than Adj. EBITDA Attributable To
Controlling Interests; leverage covenants
exclude Borrowing Base Facility outstanding
Limited Partners' Units:
Common Units:
Public
Cypress Holdings & CEP-TIR & Affiliates
Subordinated Units
80,212
17,133
17,207
Total Member's/Partners' Equity
Non-controlling Interest (TIR)
Total Equity
$
Total Capitalization
• IPO provides access to additional
capital markets
114,552
34,013
148,565
$
215,686
(1) Accordion subject to additional commitments from lenders and satisfaction of certain other conditions.
(2) Assumes IPO price of $20.00 per unit.
(3) As of December 31, 2013, CELP had $75.0 million of indebtedness outstanding under its New Credit Facility.
24
Confidential

25. EBITDA RECONCILIATION
Adjusted EBITDA as presented below may not be comparable to similarly titled measures of other companies. The following
table presents a reconciliation of Adjusted EBITDA to net income attributable to CELP, on a pro forma basis, as applicable
for each of the periods indicated.
(U.S. Dollars In Thousands)
Historical Pro Forma
Year Ended
12/31/12
12 Months Ended
9/30/13
Reconciliation of Adjusted EBITDA (1)
to Net Income (Controlling Interests)
Net Income (Controlling Interests)
Add:
D&A Expense (1)
Income Tax Expense (1)
Interest Expense (2)
$
Adjusted EBITDA (1)
$
9,727
$
2,541
179
586
13,033
11,801
4,762
323
729
$
17,615
(1) 100% attributable to W&ES and 50.1% attributable to PI&IS.
(2) Reflects interest expense as if CELP had entered into its New Credit Facility on January 1, 2012, plus applicable commitment and loan origination fees. The noncontrolling interest holders in the TIR entities will be charged a fee that will equal the interest expense the non-controlling interest holders would have paid to incur
$10.0 million in incremental borrowings under CELP’s New Credit Facility to purchase the non-controlling interest holders’ interests in the TIR entities plus the full amount
of loan origination fees. Pursuant to the omnibus agreement, in order to effect the charge, the TIR entities will reduce distributions to the non-controlling interest holders in
the TIR entities by an aggregate amount of $0.5 million for the year ended December 31, 2012 and $0.2 million for the twelve months ended September 30, 2013.
25
Confidential

26. THANK YOU
Independent
Cypress/TIR team
inspection & integrity
has significant
business serving
industry experience
large pipeline owners
and connections
of North America
High quality new
SWD facilities in
active U.S. oil & gas
producing regions
Increasing U.S.
energy activity –
“U.S. Energy
Independence”
Heightened industry
focus on regulatory
compliance and
safety
Cypress/TIR team
has significant
industry experience
and connections
Water & Environmental Services
Pipeline Inspection & Integrity Services
Consolidation and
growth opportunities
in highly fragmented
markets
Provide services
throughout long life
of customers’ assets
26
Confidential