the stock answer for pryor chemical...experience our operation up close and personal. we envision a...

9
Following the close of the third quarter we’re looking to make a strong finish to the 2018 fiscal year, while at the same time focusing on starting 2019 in a big way. We’re continuing to make strategic investments in talent to drive business velocity. These new associates come to us with core competencies in key areas. They are bringing innovative thinking with the potential to make a significant difference. We’re concentrating on initiatives to bring Victory Energy closer to you and your customers through pricing models and product configuration variations. It is an exciting time. Expect to hear more about these efforts over the next few quarters. More and more it is apparent to me that our product and solutions diversification is a signifi cant advantage.

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Page 1: THE STOCK ANSWER FOR PRYOR CHEMICAL...experience our operation up close and personal. We envision a day when each and every boiler we manufacture gets fully tested. It mitigates issues

Following the close of the third quarter wersquore looking to make a strong finish to the2018 fiscal year while at the same time focusing on starting 2019 in a big way Wersquore continuing to make strategic investments in talent to drive business velocity These new associates come to us with core competencies in key areas They arebringing innovative thinking with the potential to make a significant difference Wersquoreconcentrating on initiatives to bring Victory Energy closer to you and yourcustomers through pricing models and product configuration variations It is anexciting time Expect to hear more about these efforts over the next few quarters More and more itis apparent to me that our product and solutions diversification is a significantadvantage

During the recent ABMA Manufacturers Conference attendees had the opportunityto tour the Collinsville facility What they viewed was demonstrable proof of ourdeep product offering ndash watertube and firetube boilers HRSG Economizers andVISION burners It is compelling core strength and another example of the value ofrepresenting the Victory Energy line

The 2018 ABMA Manufacturers Conference was a tremendous success Itprovided all the companies in and around the Tulsa area the opportunity to showwhy wersquore the epicenter of all things boilers and heat recovery related products inthe US It further demonstrated the valuable contribution that the ABMA makes in

connecting member companies advocating on our behalf and working relentlessly toadvance the industry in Washington DC

2019 is promising to be a good year All the economic indicators are pointed in theright direction Capital spending is up Projects are being green-lighted There ispent-up demand for increased production in facilities across the country They allrequire steam and heat recovery solutions No company is better positioned thanVictory Energy This presents opportunity for all of us Letrsquos do whatever it takes torealize these sales opportunities Wersquore here to make it happen Count on us toperform for you ndash from concept to completion

THE STOCK ANSWER FOR PRYOR CHEMICAL

It is especially gratifying when our steam solutions are experienced close to homeEarlier this year we prevailed in an intense competition to provide a boiler for PryorChemical ndash located only 30 miles from the Collinsville plant The solution that wasrecommended - a stock VOYAGER boiler (VS 4-57) ndash 50000 PPH with VISIONburners met exacting customer time frame requirements We were the only company able to provide the product in a stringenttimeframe for installation (20 weeks) and allowing for online startup in lateNovember

The project was vertically integrated every step of the way ndash a hallmark of whatVictory offers Prior to shipment the unit was test fired in the steam test facility withPryor Chemical boiler operators and control engineers in attendance on two differentoccasions All the logistics and transportation requirements were provided as wellas being actively engaged with all elements of the installation and startup VictoryEnergy was contracted for everything on this job - except the civil work This relievedthe customer of a huge burden due to an already thinly staffed facility It is gratifyingto win business in your own backyard

2018 ABMA MANUFACTURERS CONFERENCE ndash THE POWER OFASSOCIATIONS The 2018 ABMA Manufacturers Conference held in Tulsa in early October metwith rave reviews from all attendees

Victory Energyrsquos presence was felt across every aspect of the conference ndash fromparticipating in educating Tulsa Tech students on the benefits of a career in theboiler and heat recovery business to delivering a presentation on getting the mostout of independent manufacturer relationships

The Victory Energy name shone brightly Attendees toured the Victory Energy facilityto experience firsthand the lean processes and continuous improvement that isresident in the manufacture of all our product solutions

Conferences such as this continue to demonstrate the value of supporting ABMA ndashour valued industry association It was a direct example of how the association paysoff on their mission to lead and unite the boiler industry Also dont forget to check out the ABMA Podcast Inside the Boiler Room oniTunes or Stitcher

HRSG 3D MODELING ndash MAJOR ENERGY PRODUCER PROJECT

Our investment in technology most specifically in 3D modeling software continuesto pay dividends As mentioned in a previous newsletter we secured a multi-million dollar HRSGproject with one of the countryrsquos leading energy producing enterprises in theSoutheast The project is tremendously complex as wersquore tasked with retrofitting twoexisting Fr5 turbines The imagery shown here is impressive Itrsquos all part of a concerted effort to be apreeminent player in the HRSG market segment with a core concentration up to120 MW

STEAM TEST FACILITY UPDATE ndash WATERTUBE BOILERS

The steam test facility is becoming increasingly busier as customers continue torecognize the extraordinary benefits of operational testing prior to boiler shipment It further helps forge a closer relationship with the customer as they get toexperience our operation up close and personal

We envision a day when each and every boiler we manufacture gets fully tested It mitigates issues at the job site while providing performance assurances It is apoint of difference that our competitors canrsquot match

POWER-GEN ndash ORLANDO DECEMBER 4-6

Wersquore getting everything in place for exhibiting at the POWER-GEN ConferenceOur booth number is 1715 Make sure that your customers are aware of our locationAs we do at each and every POWER-GEN show wersquore hosting a hospitality suite onthe first evening of the show December 4th In addition will be sending complimentary passes to the exhibit in the upcomingweeks Look for more information coming in the next few weeks in an Enews Update

Copyright copy 2018 Victory Energy Operations LLC All rights reserved

Want to change how you receive these emails You can update your preferences or unsubscribe from this list

Page 2: THE STOCK ANSWER FOR PRYOR CHEMICAL...experience our operation up close and personal. We envision a day when each and every boiler we manufacture gets fully tested. It mitigates issues

During the recent ABMA Manufacturers Conference attendees had the opportunityto tour the Collinsville facility What they viewed was demonstrable proof of ourdeep product offering ndash watertube and firetube boilers HRSG Economizers andVISION burners It is compelling core strength and another example of the value ofrepresenting the Victory Energy line

The 2018 ABMA Manufacturers Conference was a tremendous success Itprovided all the companies in and around the Tulsa area the opportunity to showwhy wersquore the epicenter of all things boilers and heat recovery related products inthe US It further demonstrated the valuable contribution that the ABMA makes in

connecting member companies advocating on our behalf and working relentlessly toadvance the industry in Washington DC

2019 is promising to be a good year All the economic indicators are pointed in theright direction Capital spending is up Projects are being green-lighted There ispent-up demand for increased production in facilities across the country They allrequire steam and heat recovery solutions No company is better positioned thanVictory Energy This presents opportunity for all of us Letrsquos do whatever it takes torealize these sales opportunities Wersquore here to make it happen Count on us toperform for you ndash from concept to completion

THE STOCK ANSWER FOR PRYOR CHEMICAL

It is especially gratifying when our steam solutions are experienced close to homeEarlier this year we prevailed in an intense competition to provide a boiler for PryorChemical ndash located only 30 miles from the Collinsville plant The solution that wasrecommended - a stock VOYAGER boiler (VS 4-57) ndash 50000 PPH with VISIONburners met exacting customer time frame requirements We were the only company able to provide the product in a stringenttimeframe for installation (20 weeks) and allowing for online startup in lateNovember

The project was vertically integrated every step of the way ndash a hallmark of whatVictory offers Prior to shipment the unit was test fired in the steam test facility withPryor Chemical boiler operators and control engineers in attendance on two differentoccasions All the logistics and transportation requirements were provided as wellas being actively engaged with all elements of the installation and startup VictoryEnergy was contracted for everything on this job - except the civil work This relievedthe customer of a huge burden due to an already thinly staffed facility It is gratifyingto win business in your own backyard

2018 ABMA MANUFACTURERS CONFERENCE ndash THE POWER OFASSOCIATIONS The 2018 ABMA Manufacturers Conference held in Tulsa in early October metwith rave reviews from all attendees

Victory Energyrsquos presence was felt across every aspect of the conference ndash fromparticipating in educating Tulsa Tech students on the benefits of a career in theboiler and heat recovery business to delivering a presentation on getting the mostout of independent manufacturer relationships

The Victory Energy name shone brightly Attendees toured the Victory Energy facilityto experience firsthand the lean processes and continuous improvement that isresident in the manufacture of all our product solutions

Conferences such as this continue to demonstrate the value of supporting ABMA ndashour valued industry association It was a direct example of how the association paysoff on their mission to lead and unite the boiler industry Also dont forget to check out the ABMA Podcast Inside the Boiler Room oniTunes or Stitcher

HRSG 3D MODELING ndash MAJOR ENERGY PRODUCER PROJECT

Our investment in technology most specifically in 3D modeling software continuesto pay dividends As mentioned in a previous newsletter we secured a multi-million dollar HRSGproject with one of the countryrsquos leading energy producing enterprises in theSoutheast The project is tremendously complex as wersquore tasked with retrofitting twoexisting Fr5 turbines The imagery shown here is impressive Itrsquos all part of a concerted effort to be apreeminent player in the HRSG market segment with a core concentration up to120 MW

STEAM TEST FACILITY UPDATE ndash WATERTUBE BOILERS

The steam test facility is becoming increasingly busier as customers continue torecognize the extraordinary benefits of operational testing prior to boiler shipment It further helps forge a closer relationship with the customer as they get toexperience our operation up close and personal

We envision a day when each and every boiler we manufacture gets fully tested It mitigates issues at the job site while providing performance assurances It is apoint of difference that our competitors canrsquot match

POWER-GEN ndash ORLANDO DECEMBER 4-6

Wersquore getting everything in place for exhibiting at the POWER-GEN ConferenceOur booth number is 1715 Make sure that your customers are aware of our locationAs we do at each and every POWER-GEN show wersquore hosting a hospitality suite onthe first evening of the show December 4th In addition will be sending complimentary passes to the exhibit in the upcomingweeks Look for more information coming in the next few weeks in an Enews Update

Copyright copy 2018 Victory Energy Operations LLC All rights reserved

Want to change how you receive these emails You can update your preferences or unsubscribe from this list

Page 3: THE STOCK ANSWER FOR PRYOR CHEMICAL...experience our operation up close and personal. We envision a day when each and every boiler we manufacture gets fully tested. It mitigates issues

connecting member companies advocating on our behalf and working relentlessly toadvance the industry in Washington DC

2019 is promising to be a good year All the economic indicators are pointed in theright direction Capital spending is up Projects are being green-lighted There ispent-up demand for increased production in facilities across the country They allrequire steam and heat recovery solutions No company is better positioned thanVictory Energy This presents opportunity for all of us Letrsquos do whatever it takes torealize these sales opportunities Wersquore here to make it happen Count on us toperform for you ndash from concept to completion

THE STOCK ANSWER FOR PRYOR CHEMICAL

It is especially gratifying when our steam solutions are experienced close to homeEarlier this year we prevailed in an intense competition to provide a boiler for PryorChemical ndash located only 30 miles from the Collinsville plant The solution that wasrecommended - a stock VOYAGER boiler (VS 4-57) ndash 50000 PPH with VISIONburners met exacting customer time frame requirements We were the only company able to provide the product in a stringenttimeframe for installation (20 weeks) and allowing for online startup in lateNovember

The project was vertically integrated every step of the way ndash a hallmark of whatVictory offers Prior to shipment the unit was test fired in the steam test facility withPryor Chemical boiler operators and control engineers in attendance on two differentoccasions All the logistics and transportation requirements were provided as wellas being actively engaged with all elements of the installation and startup VictoryEnergy was contracted for everything on this job - except the civil work This relievedthe customer of a huge burden due to an already thinly staffed facility It is gratifyingto win business in your own backyard

2018 ABMA MANUFACTURERS CONFERENCE ndash THE POWER OFASSOCIATIONS The 2018 ABMA Manufacturers Conference held in Tulsa in early October metwith rave reviews from all attendees

Victory Energyrsquos presence was felt across every aspect of the conference ndash fromparticipating in educating Tulsa Tech students on the benefits of a career in theboiler and heat recovery business to delivering a presentation on getting the mostout of independent manufacturer relationships

The Victory Energy name shone brightly Attendees toured the Victory Energy facilityto experience firsthand the lean processes and continuous improvement that isresident in the manufacture of all our product solutions

Conferences such as this continue to demonstrate the value of supporting ABMA ndashour valued industry association It was a direct example of how the association paysoff on their mission to lead and unite the boiler industry Also dont forget to check out the ABMA Podcast Inside the Boiler Room oniTunes or Stitcher

HRSG 3D MODELING ndash MAJOR ENERGY PRODUCER PROJECT

Our investment in technology most specifically in 3D modeling software continuesto pay dividends As mentioned in a previous newsletter we secured a multi-million dollar HRSGproject with one of the countryrsquos leading energy producing enterprises in theSoutheast The project is tremendously complex as wersquore tasked with retrofitting twoexisting Fr5 turbines The imagery shown here is impressive Itrsquos all part of a concerted effort to be apreeminent player in the HRSG market segment with a core concentration up to120 MW

STEAM TEST FACILITY UPDATE ndash WATERTUBE BOILERS

The steam test facility is becoming increasingly busier as customers continue torecognize the extraordinary benefits of operational testing prior to boiler shipment It further helps forge a closer relationship with the customer as they get toexperience our operation up close and personal

We envision a day when each and every boiler we manufacture gets fully tested It mitigates issues at the job site while providing performance assurances It is apoint of difference that our competitors canrsquot match

POWER-GEN ndash ORLANDO DECEMBER 4-6

Wersquore getting everything in place for exhibiting at the POWER-GEN ConferenceOur booth number is 1715 Make sure that your customers are aware of our locationAs we do at each and every POWER-GEN show wersquore hosting a hospitality suite onthe first evening of the show December 4th In addition will be sending complimentary passes to the exhibit in the upcomingweeks Look for more information coming in the next few weeks in an Enews Update

Copyright copy 2018 Victory Energy Operations LLC All rights reserved

Want to change how you receive these emails You can update your preferences or unsubscribe from this list

Page 4: THE STOCK ANSWER FOR PRYOR CHEMICAL...experience our operation up close and personal. We envision a day when each and every boiler we manufacture gets fully tested. It mitigates issues

The project was vertically integrated every step of the way ndash a hallmark of whatVictory offers Prior to shipment the unit was test fired in the steam test facility withPryor Chemical boiler operators and control engineers in attendance on two differentoccasions All the logistics and transportation requirements were provided as wellas being actively engaged with all elements of the installation and startup VictoryEnergy was contracted for everything on this job - except the civil work This relievedthe customer of a huge burden due to an already thinly staffed facility It is gratifyingto win business in your own backyard

2018 ABMA MANUFACTURERS CONFERENCE ndash THE POWER OFASSOCIATIONS The 2018 ABMA Manufacturers Conference held in Tulsa in early October metwith rave reviews from all attendees

Victory Energyrsquos presence was felt across every aspect of the conference ndash fromparticipating in educating Tulsa Tech students on the benefits of a career in theboiler and heat recovery business to delivering a presentation on getting the mostout of independent manufacturer relationships

The Victory Energy name shone brightly Attendees toured the Victory Energy facilityto experience firsthand the lean processes and continuous improvement that isresident in the manufacture of all our product solutions

Conferences such as this continue to demonstrate the value of supporting ABMA ndashour valued industry association It was a direct example of how the association paysoff on their mission to lead and unite the boiler industry Also dont forget to check out the ABMA Podcast Inside the Boiler Room oniTunes or Stitcher

HRSG 3D MODELING ndash MAJOR ENERGY PRODUCER PROJECT

Our investment in technology most specifically in 3D modeling software continuesto pay dividends As mentioned in a previous newsletter we secured a multi-million dollar HRSGproject with one of the countryrsquos leading energy producing enterprises in theSoutheast The project is tremendously complex as wersquore tasked with retrofitting twoexisting Fr5 turbines The imagery shown here is impressive Itrsquos all part of a concerted effort to be apreeminent player in the HRSG market segment with a core concentration up to120 MW

STEAM TEST FACILITY UPDATE ndash WATERTUBE BOILERS

The steam test facility is becoming increasingly busier as customers continue torecognize the extraordinary benefits of operational testing prior to boiler shipment It further helps forge a closer relationship with the customer as they get toexperience our operation up close and personal

We envision a day when each and every boiler we manufacture gets fully tested It mitigates issues at the job site while providing performance assurances It is apoint of difference that our competitors canrsquot match

POWER-GEN ndash ORLANDO DECEMBER 4-6

Wersquore getting everything in place for exhibiting at the POWER-GEN ConferenceOur booth number is 1715 Make sure that your customers are aware of our locationAs we do at each and every POWER-GEN show wersquore hosting a hospitality suite onthe first evening of the show December 4th In addition will be sending complimentary passes to the exhibit in the upcomingweeks Look for more information coming in the next few weeks in an Enews Update

Copyright copy 2018 Victory Energy Operations LLC All rights reserved

Want to change how you receive these emails You can update your preferences or unsubscribe from this list

Page 5: THE STOCK ANSWER FOR PRYOR CHEMICAL...experience our operation up close and personal. We envision a day when each and every boiler we manufacture gets fully tested. It mitigates issues

The Victory Energy name shone brightly Attendees toured the Victory Energy facilityto experience firsthand the lean processes and continuous improvement that isresident in the manufacture of all our product solutions

Conferences such as this continue to demonstrate the value of supporting ABMA ndashour valued industry association It was a direct example of how the association paysoff on their mission to lead and unite the boiler industry Also dont forget to check out the ABMA Podcast Inside the Boiler Room oniTunes or Stitcher

HRSG 3D MODELING ndash MAJOR ENERGY PRODUCER PROJECT

Our investment in technology most specifically in 3D modeling software continuesto pay dividends As mentioned in a previous newsletter we secured a multi-million dollar HRSGproject with one of the countryrsquos leading energy producing enterprises in theSoutheast The project is tremendously complex as wersquore tasked with retrofitting twoexisting Fr5 turbines The imagery shown here is impressive Itrsquos all part of a concerted effort to be apreeminent player in the HRSG market segment with a core concentration up to120 MW

STEAM TEST FACILITY UPDATE ndash WATERTUBE BOILERS

The steam test facility is becoming increasingly busier as customers continue torecognize the extraordinary benefits of operational testing prior to boiler shipment It further helps forge a closer relationship with the customer as they get toexperience our operation up close and personal

We envision a day when each and every boiler we manufacture gets fully tested It mitigates issues at the job site while providing performance assurances It is apoint of difference that our competitors canrsquot match

POWER-GEN ndash ORLANDO DECEMBER 4-6

Wersquore getting everything in place for exhibiting at the POWER-GEN ConferenceOur booth number is 1715 Make sure that your customers are aware of our locationAs we do at each and every POWER-GEN show wersquore hosting a hospitality suite onthe first evening of the show December 4th In addition will be sending complimentary passes to the exhibit in the upcomingweeks Look for more information coming in the next few weeks in an Enews Update

Copyright copy 2018 Victory Energy Operations LLC All rights reserved

Want to change how you receive these emails You can update your preferences or unsubscribe from this list

Page 6: THE STOCK ANSWER FOR PRYOR CHEMICAL...experience our operation up close and personal. We envision a day when each and every boiler we manufacture gets fully tested. It mitigates issues

HRSG 3D MODELING ndash MAJOR ENERGY PRODUCER PROJECT

Our investment in technology most specifically in 3D modeling software continuesto pay dividends As mentioned in a previous newsletter we secured a multi-million dollar HRSGproject with one of the countryrsquos leading energy producing enterprises in theSoutheast The project is tremendously complex as wersquore tasked with retrofitting twoexisting Fr5 turbines The imagery shown here is impressive Itrsquos all part of a concerted effort to be apreeminent player in the HRSG market segment with a core concentration up to120 MW

STEAM TEST FACILITY UPDATE ndash WATERTUBE BOILERS

The steam test facility is becoming increasingly busier as customers continue torecognize the extraordinary benefits of operational testing prior to boiler shipment It further helps forge a closer relationship with the customer as they get toexperience our operation up close and personal

We envision a day when each and every boiler we manufacture gets fully tested It mitigates issues at the job site while providing performance assurances It is apoint of difference that our competitors canrsquot match

POWER-GEN ndash ORLANDO DECEMBER 4-6

Wersquore getting everything in place for exhibiting at the POWER-GEN ConferenceOur booth number is 1715 Make sure that your customers are aware of our locationAs we do at each and every POWER-GEN show wersquore hosting a hospitality suite onthe first evening of the show December 4th In addition will be sending complimentary passes to the exhibit in the upcomingweeks Look for more information coming in the next few weeks in an Enews Update

Copyright copy 2018 Victory Energy Operations LLC All rights reserved

Want to change how you receive these emails You can update your preferences or unsubscribe from this list

Page 7: THE STOCK ANSWER FOR PRYOR CHEMICAL...experience our operation up close and personal. We envision a day when each and every boiler we manufacture gets fully tested. It mitigates issues

The steam test facility is becoming increasingly busier as customers continue torecognize the extraordinary benefits of operational testing prior to boiler shipment It further helps forge a closer relationship with the customer as they get toexperience our operation up close and personal

We envision a day when each and every boiler we manufacture gets fully tested It mitigates issues at the job site while providing performance assurances It is apoint of difference that our competitors canrsquot match

POWER-GEN ndash ORLANDO DECEMBER 4-6

Wersquore getting everything in place for exhibiting at the POWER-GEN ConferenceOur booth number is 1715 Make sure that your customers are aware of our locationAs we do at each and every POWER-GEN show wersquore hosting a hospitality suite onthe first evening of the show December 4th In addition will be sending complimentary passes to the exhibit in the upcomingweeks Look for more information coming in the next few weeks in an Enews Update

Copyright copy 2018 Victory Energy Operations LLC All rights reserved

Want to change how you receive these emails You can update your preferences or unsubscribe from this list

Page 8: THE STOCK ANSWER FOR PRYOR CHEMICAL...experience our operation up close and personal. We envision a day when each and every boiler we manufacture gets fully tested. It mitigates issues

Wersquore getting everything in place for exhibiting at the POWER-GEN ConferenceOur booth number is 1715 Make sure that your customers are aware of our locationAs we do at each and every POWER-GEN show wersquore hosting a hospitality suite onthe first evening of the show December 4th In addition will be sending complimentary passes to the exhibit in the upcomingweeks Look for more information coming in the next few weeks in an Enews Update

Copyright copy 2018 Victory Energy Operations LLC All rights reserved

Want to change how you receive these emails You can update your preferences or unsubscribe from this list

Page 9: THE STOCK ANSWER FOR PRYOR CHEMICAL...experience our operation up close and personal. We envision a day when each and every boiler we manufacture gets fully tested. It mitigates issues