SPL Sells Manufacturing Facility to Dralco Systems

SPL Announces Partnership with Dralco Systems

SPL Refocuses on Petroleum & Environmental Service Offerings by Selling Fabrication Division

HOUSTON (24-7PressRelease.com) September 30, 2010– Southern Petroleum Laboratories, Inc., a recognized leader in oil and gas measurement, allocations, auditing, and laboratory services for the environmental and hydrocarbon industries, is pleased to announce its agreement to sell the assets of its fabrication division to Dralco Systems, LLC of Weatherford, TX. Working in partnership with SPL, Dralco Systems will assume the existing fabrication services.

Dralco Systems, a privately held fabrication company specializing in the fabrication of gas measurement equipment, precision sheet metal fabrication, and laser cutting, has been successfully delivering quality precision products for over 27 years. Their full range of fabrication services compliments the current offerings of SPL’s fabrication division.

This partnership will allow SPL to focus on its core businesses –laboratory and oil field services. “This venture will allow us to continue providing the same quality precision products that our clients have depended on since the inception of the fabrication division in 2006,” said Herb Brown, CEO and President of SPL.

“In a short period of time, we’ve seen a significant growth in our fabrication division,” said Robert Bienvenu, SPL’s Vice President of Sales. “SPL chose to partner with Dralco Systems, LLC due to their already established fabrication services in the industry.” Mike Manson, and Jim Gopffarth of Dralco Systems, LLC offer years of experience in the fabrication of gas measurement equipment. “We will be working closely with the SPL team for a smooth transition and look forward to forming long-term relationships with all of SPL’s clients.”