[GTUIT in the News]

GTUIT – AN INC. MAGAZINE 500 FASTEST GROWING PRIVATE COMPANY

Inc 500 ListGTUIT®, LLC has earned the 203rd position on Inc. magazine’s 2016 Inc. 500 list of fastest–growing private American companies.

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MSU’S MONTANA MANUFACTURING EXTENSION CENTER OFFERS TRAINING TO HELP MONTANA MANUFACTURERS BETTER DELIVER PRODUCTS AND SERVICES TO THEIR CUSTOMERS

February, 2016

A Billings-based business looking to expand globally has turned to a new program at Montana State University’s Montana Manufacturing Extension Center (MMEC) to find the best way to get its services and products to customers around the world.

GTUIT recently completed the second in the MMEC’s four-part Supply Chain Optimization program. The program was developed by the National Institute of Standards and Technology’s Manufacturing Extension Partnership (NIST/MEP) with input from leading industry experts.

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OIL COMPANIES IN THE BAKKEN KEEP WORKING DESPITE LOW PRICES

January, 2016

The federal government late in the week estimated U.S. oil stocks at the highest point in 80 years. That’s bad news for the area formerly known “Saudi Arabia” of American oil, an area where higher-than-average production costs and long distances to market make the current pinch of low oil prices pretty painful. A barrel of West Texas Intermediate crude was selling for $32 Friday, after falling to $28 midweek. Yet oil production keeps on pumping for several reasons.

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ENERPLUS CUTS FLARE GAS WITH CAT- GTUIT EQUIPMENT

December, 2015

Mobile gas capture and natural gas extraction units from Gtuit are helping Enerplus reduce its flare gas – and maintain production – on the Fort Berthold Indian Reservation in North Dakota’s Bakken oilfield, says Caterpillar, a minority owner of Gtuit.

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HESS, WORLD BANK AND GTIUT IN OIL PATCH HOTLINE

December, 2015

An award of excellence for reducing natural gas flaring was given to Hess Corp and GTUIT by the World Bank Group. The Billings-based GTUIT is running 15 field units at Hess well sites in North Dakota, processing 10 Mmcf a day. The partnership is currently selling 35,000 gallons of NGLs and prevented 55,900 tons of carbon
dioxide from going into the atmosphere.

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THE CASE FOR NEW GAS CAPTURE TECH

December, 2015

When it comes to getting gas flaring under control in the Bakken, the idea that opposites attract might provide the best solution to what has become a constant issue for the oil and gas industry. An unlikely coalition of organizations has completed a successful test of waste-heat-to-energy system that marries an old technology with a new one.

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GTUIT HELPS INTRODUCE INNOVATIVE TECHNOLOGY TO OIL PATCH

December, 2015

When it comes to getting gas flaring under control in the Bakken, the idea that opposites attract might provide the best solution to what has become a constant issue for the oil and gas industry. An unlikely coalition of organizations has completed a successful test of a waste-heat-to-energy system that marries an old technology with a new one.

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SOLVING THE ISSUE OF WELLHEAD GAS PROCESSING AND FLARING

November, 2015

In 2013, GTUIT introduced a mobile, scalable wellhead gas processing technology that recovers natural gas liquids (NGL) and produces a consistent, high quality, high-BTU dry gas stream. To date, the firm has produced more than 10 million gal.of NGL. The processed gas is used to power on-site power generation equipment or convert it into compressed or liquefied natural gas on-site.

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GTUIT WELLHEAD GAS PROCESSING TAKES A BIG BITE OUT OF THE FLARING ISSUE

October, 2015

Flaring of wellhead gas is one of the biggest challenges and opportunities facing the global oil industry today. The impact of human induced climate change is putting the spotlight on oil producers, pressuring them to do a better job to lessen the environmental impact of their operations. Typically a by-product of oil extraction, wellhead gas flaring dumps large amounts of volatile organic compounds (VOCs) into the air, and pumps out carbon monoxide, carbon dioxide and soot. Billions of cubic meters of wellhead gas are unnecessarily flared worldwide
every year.

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