Varel International Relocates Eastern Hemisphere Headquarters 

(CARROLLTON, TEXAS- 05 August 2011) - Varel International, the world's largest independent supplier of drill bits for the oil and gas industry, announces the relocation of their Eastern Hemisphere Headquarters. The new location for Varel Europe is located at Zone Europa, 2 Rue Johannes Kepler, 64000 Pau - France.

Bernard Pontneau, vice president of Eastern Hemisphere operations for Varel International, explains the relocation, "We feel this move positions us to better serve our clients, we are better able to respond to their needs."

This new location positions the company in close proximity to other companies operating in the oil and gas sector in the Pau Region.

He continued, "The expanded space houses our Eastern Hemisphere administration and product research and development teams as well as our advanced drilling and analysis software tool development program. The new building was designed and built specifically for Varel. The layout enhances our internal communication and process flows to better serve our customers while meeting the needs of our rapidly growing Eastern Hemisphere business."

Offices were transferred during the third week of July 2011. The telephone number, +33.55.914.4825, as well as the facsimile number, +33.55.914.4844, remain unchanged.

About Varel International

Founded in 1947, Varel International is the world's largest independent supplier in the global oil & gas drill bit market. Headquartered in Carrollton, Texas, Varel services oil & gas, mining, and industrial markets with its comprehensive suite of roller cone and fixed cutter drill bits. The company employs more than 1,000 people and has manufacturing facilities in Carrollton, Texas; Houston, Texas; Matamoros, Mexico and Tarbes, France, as well as sales offices throughout the world. Varel's proprietary design capabilities, efficient manufacturing, and global sales force uniquely positions the company to provide high-quality drill bits that deliver excellent performance and value to its customer base. For more information, visit http://www.varelintl.com/.

###