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<title>T3 Energy Services</title>
<itunes:subtitle>T3 Energy Services</itunes:subtitle>
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<title>T3 Energy Services</title></image>
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<pubDate>Wed, 20 Aug 2008 19:06:40 GMT</pubDate>
		<item>

			<category>Events</category>

			<link>http://www.t3energy.com/en/cev/11</link>

			<title>Abu Dhabi International Petroleum Exhibition &#0038; Conference</title>

			<description>&lt;div class=&quot;vevent&quot;&gt;
&lt;a class=&quot;url&quot; href=&quot;http://www.t3energy.com/en/cev/11&quot;&gt;
&lt;span class=&quot;summary&quot;&gt;Abu Dhabi International Petroleum Exhibition &amp; Conference&lt;/span&gt;
&lt;/a&gt;&lt;br/&gt;
Start Date: &lt;abbr class=&quot;dtstart&quot; title=&quot;20081103T140000Z&quot;&gt;3-Nov-08 8:00 AM&lt;/abbr&gt;
&lt;br/&gt;
End Time: 
&lt;abbr class=&quot;dtend&quot; title=&quot;20081106T233000Z&quot;&gt;6-Nov-08 5:30 PM&lt;/abbr&gt;
&lt;br/&gt;
Location: &lt;span class=&quot;location&quot;&gt;
Abu Dhabi National Exhibition Centre&lt;/span&gt;
&lt;br/&gt;
Speaker: &lt;br&gt;
&lt;/div&gt;
&lt;br/&gt;
&lt;div class=&quot;vcard&quot;&gt;
&lt;a class=&quot;fn&quot;&gt;Abu Dhabi National Exhibition Centre
&lt;/a&gt;&lt;/div&gt;

</description>

			<guid isPermaLink="false">http://www.t3energy.com/en/cev/11</guid>

			<pubDate>Thu, 27 Mar 2008 18:31:42 GMT</pubDate>

		</item>

		<item>

			<category>Events</category>

			<link>http://www.t3energy.com/en/cev/12</link>

			<title>PERMIAN BASIN INTERNATIONAL OIL SHOW 2008</title>

			<description>&lt;div class=&quot;vevent&quot;&gt;
&lt;a class=&quot;url&quot; href=&quot;http://www.t3energy.com/en/cev/12&quot;&gt;
&lt;span class=&quot;summary&quot;&gt;PERMIAN BASIN INTERNATIONAL OIL SHOW 2008&lt;/span&gt;
&lt;/a&gt;&lt;br/&gt;
Start Date: &lt;abbr class=&quot;dtstart&quot; title=&quot;20081020T130000Z&quot;&gt;20-Oct-08 8:00 AM&lt;/abbr&gt;
&lt;br/&gt;
End Time: 
&lt;abbr class=&quot;dtend&quot; title=&quot;20081023T200000Z&quot;&gt;23-Oct-08 3:00 PM&lt;/abbr&gt;
&lt;br/&gt;
Location: &lt;span class=&quot;location&quot;&gt;
Ector County Coliseum Complex, ODESSA, TEXAS &lt;/span&gt;
&lt;br/&gt;
Speaker: &lt;br&gt;
&lt;/div&gt;
&lt;br/&gt;
&lt;div class=&quot;vcard&quot;&gt;
&lt;a class=&quot;fn&quot;&gt;Ector County Coliseum Complex
&lt;/a&gt;&lt;/div&gt;

</description>

			<guid isPermaLink="false">http://www.t3energy.com/en/cev/12</guid>

			<pubDate>Thu, 27 Mar 2008 18:46:25 GMT</pubDate>

		</item>

		<item>

			<category>Articles</category>
			<link>http://www.t3energy.com/en/art/?40</link>
			<title>T-3 Energy Services, Inc. Announces Second Quarter 2008 Earnings</title>
			<description>&lt;p&gt;HOUSTON, Aug. 6, 2008 (PRIME NEWSWIRE) -- T-3 Energy Services, Inc. (&quot;T-3 Energy&quot;) (Nasdaq:TTES) reported second quarter 2008 net income from continuing operations of $7.5 million, or $0.58 per diluted share, up 41% and 32%, respectively, from $5.3 million or $0.44 per diluted share for the second quarter of 2007. Year to date 2008 net income from continuing operations of $17.0 million, or $1.32 per diluted share, was up 58% and 40%, respectively, from $10.8 million, or $0.94 per diluted share, reported during 2007. &lt;/p&gt;
&lt;table align=&quot;right&quot; border=&quot;0&quot;&gt;
    &lt;tbody&gt;
        &lt;tr&gt;
            &lt;td&gt;&lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;
&lt;p&gt;The second quarter 2008 financial results include costs, which were $2.5 million before tax and $1.6 million after tax, related to the pursuit of strategic alternatives for the Company. The second quarter 2007 financial results include a charge, which was $2.5 million before tax and $1.9 million after tax, associated with a change of control payment and the immediate vesting of previously unvested stock options and restricted stock held by Gus D. Halas, the Company's Chairman, President and Chief Executive Officer, pursuant to the terms of his then existing employment agreement. Excluding the impact of these strategic alternatives costs and change of control costs, T-3 Energy's net income from continuing operations and diluted earnings per share for the second quarter of 2008 were $9.1 million and $0.70, respectively, which is an increase of 26% and 17%, respectively, from $7.2 million and $0.60 per diluted share in 2007. &lt;/p&gt;
&lt;p&gt;Revenues for the second quarter of 2008 increased 30% to $67.7 million from $51.9 million for the same period in 2007. Year to date 2008 revenues increased 37% to $136.9 million from $99.8 million for the same period in 2007. The Company's revenues increased primarily due to the acquisitions of Energy Equipment Corporation (&quot;EEC&quot;) and Pinnacle Wellhead, Inc. (&quot;Pinnacle&quot;) along with the continued demand for its pressure and flow control and pipeline original equipment products and services. As a result of the continued demand for the Company's pressure and flow control and pipeline products and services, its backlog has increased approximately 31% from $61.8 million at June 30, 2007 to $80.7 million at June 30, 2008. &lt;/p&gt;
&lt;p&gt;Operating income for the second quarter of 2008 increased 42% to $11.3 million from $7.9 million for the same period in 2007. Year to date 2008 operating income increased 53% to $25.7 million from $16.8 million for the same period in 2007. The increase in the Company's operating income is primarily related to increased revenues and gross margins. Gross margins were 40% during the three and six months ended June 30, 2008, compared to 38% and 37% during the three and six months ended June 30, 2007, respectively. This gross margin increase resulted from the sale of higher margin products and services and operational efficiencies. &lt;/p&gt;
&lt;p&gt;Gus D. Halas, T-3 Energy's Chairman, President and Chief Executive Officer commented, &quot;The demand for our products and services remains strong as our backlog continues to grow from previous periods. We look forward to the second half of 2008 when we expect to realize the benefits of some of the international multi-rig packages that we have been quoting. We also will continue to focus on expanding our geographic presence during the second half of 2008 through acquisitions and/or joint venture arrangements. We are excited about the joint venture arrangement that we recently entered into with Aswan International Engineering Company LLC in Dubai and believe this relationship will provide us with a strong presence in the Middle East. We recently exercised our option to purchase the India manufacturing operations of HP&amp;amp;T Products, Inc. to provide us with another means of low cost country sourcing. Our gross margin of 40% for 2008 is another milestone for T-3 Energy. We will continue to work on sourcing and manufacturing efficiency opportunities to improve our margins. To date, 2008 has provided several new financial and operational records for T-3, such as gross profit margin and backlog levels. &lt;/p&gt;
&lt;p&gt;&quot;Despite the slight sequential decline, the second quarter was an important quarter for T-3 Energy and it set the stage for what we believe will be a successful second half of the year. This is demonstrated by our strong closing backlog. T-3 Energy continues to execute on our strategic growth plan as our results demonstrate. Most importantly, we continue to gain recognition as a name-brand original equipment manufacturer and service provider on an international scale and we remain steadily committed to providing responsive value to our customers.&quot; &lt;/p&gt;
&lt;p&gt;T-3 Energy Services, Inc. provides a broad range of oilfield products and services primarily to customers in the drilling and completion of new oil and gas wells, the workover of existing wells and the production and transportation of oil and gas. &lt;/p&gt;
&lt;p&gt;Certain comments contained in this news release concerning the anticipated financial results of the Company constitute &quot;forward-looking statements&quot; within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Whenever possible, the Company has identified these &quot;forward-looking&quot; statements by words such as &quot;believe&quot;, &quot;encouraged&quot;, &quot;expect&quot;, &quot;expected&quot; and similar phrases. The forward-looking statements are based upon management's expectations and beliefs and, although these statements are based upon reasonable assumptions, actual results might differ materially from expected results due to a variety of factors including, but not limited to, overall demand for and pricing of the Company's products, changes in the level of oil and natural gas exploration and development, and variations in global business and economic conditions. The Company assumes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise. For a discussion of additional risks and uncertainties that could impact the Company's results, review the T-3 Energy Services, Inc. Quarterly Report on Form 10-Q for the period ending June 30, 2008 and its Annual Report on Form 10-K for the year ended December 31, 2007 and other filings of the Company with the Securities and Exchange Commission. &lt;/p&gt;
&lt;p&gt;Non-GAAP Financial Measures. Certain information discussed in this news release are considered non-GAAP financial measures. See the Supplementary Data - Schedule 1 in this news release for the corresponding reconciliations to GAAP financial measures for the periods ended June 30, 2008 and 2007. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, the Company's reported results. &lt;/p&gt;
&lt;pre&gt;               T-3 ENERGY SERVICES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(in thousands except per share amounts)
Three Months Ended     Six Months Ended
June 30,               June 30,
2008       2007       2008       2007
----       ----       ----       ----
Revenues:
Products             $  57,724  $  41,001  $ 115,751  $  78,840
Services                 9,966     10,932     21,109     20,993
---------  ---------  ---------  ---------
67,690     51,933    136,860     99,833
Cost of revenues:
Products                35,271     25,526     70,375     49,839
Services                 5,339      6,519     12,234     12,755
---------  ---------  ---------  ---------
40,610     32,045     82,609     62,594
Gross profit             27,080     19,888     54,251     37,239
Operating expenses       15,781     11,953     28,530     20,441
---------  ---------  ---------  ---------
Income from
operations              11,299      7,935     25,721     16,798
Interest expense           (601)      (103)    (1,493)      (256)
Interest income              24        259         63        281
Other income, net           367        478        507        479
---------  ---------  ---------  ---------
Income from
continuing
operations before
provision for income
taxes                   11,089      8,569     24,798     17,302
Provision for income
taxes                    3,573      3,256      7,769      6,490
---------  ---------  ---------  ---------
Income from
continuing
operations               7,516      5,313     17,029     10,812
Loss from
discontinued
operations, net of
tax                         (9)    (1,075)       (11)    (1,075)
---------  ---------  ---------  ---------
Net income            $   7,507  $   4,238  $  17,018  $   9,737
=========  =========  =========  =========
Basic earnings (loss)
per common share:
Continuing
operations          $     .60  $     .45  $    1.37  $     .96
=========  =========  =========  =========
Discontinued
operations          $      --  $    (.09) $      --  $    (.09)
=========  =========  =========  =========
Net income per
common share        $     .60  $     .36  $    1.37  $     .87
=========  =========  =========  =========
Diluted earnings
(loss) per common
share:
Continuing
operations          $     .58  $     .44  $    1.32  $     .94
=========  =========  =========  =========
Discontinued
operations          $      --  $    (.09) $      --  $    (.10)
=========  =========  =========  =========
Net income per
common share        $     .58  $     .35  $    1.32  $     .84
=========  =========  =========  =========
Weighted average
common shares
outstanding:
Basic                   12,477     11,779     12,404     11,235
=========  =========  =========  =========
Diluted                 13,063     12,127     12,926     11,558
=========  =========  =========  =========
T-3 ENERGY SERVICES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(in thousands except for share amounts)
June 30,  Dec. 31,
2008      2007
----      ----
(unaudited)
ASSETS
Current assets:
Cash and cash equivalents                     $  6,755  $  9,522
Accounts receivable - trade, net                49,329    44,180
Inventories                                     52,856    47,457
Deferred income taxes                            4,169     3,354
Prepaids and other current assets                5,134     5,824
--------  --------
Total current assets                          118,243   110,337
Property and equipment, net                     43,411    40,073
Goodwill, net                                  112,732   112,249
Other intangible assets, net                    34,783    35,065
Other assets                                     3,152     2,838
--------  --------
Total assets                                  $312,321  $300,562
========  ========
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable - trade                      $ 24,888  $ 20,974
Accrued expenses and other                      20,267    15,156
Current maturities of long-term debt                74        74
--------  --------
Total current liabilities                      45,229    36,204
Long-term debt, less current maturities         39,006    61,423
Other long-term liabilities                      1,283     1,101
Deferred income taxes                           12,281    11,186
Commitments and contingencies
Stockholders' equity:
Preferred stock, $.001 par value, 25,000,000
shares authorized, no shares issued or
outstanding                                       --        --
Common stock, $.001 par value, 50,000,000
shares authorized,  12,520,791 and
12,320,341 shares issued and outstanding at
June 30, 2008 and December 31, 2007,
respectively                                      13        12
Warrants, 10,157 and 13,138 issued and
outstanding at June 30, 2008 and December
31, 2007, respectively                            20        26
Additional paid-in capital                    167,777   160,446
Retained earnings                              44,057    27,039
Accumulated other comprehensive income          2,655     3,125
--------  --------
Total stockholders' equity                   214,522   190,648
--------  --------
Total liabilities and stockholders' equity    $312,321  $300,562
========  ========
T-3 ENERGY SERVICES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
(in thousands)
Six Months Ended
June 30,
2008      2007
----      ----
Cash flows from operating activities:
Net income                                      $ 17,018  $  9,737
Adjustments to reconcile net income to net
cash provided by operating activities:
Loss from discontinued operations, net of tax        11     1,075
Bad debt expense                                     68       110
Depreciation and amortization                     4,444     2,096
Amortization of deferred loan costs                 117       126
Loss on sale of assets                               --         9
Write-off of property and equipment, net             25        --
Deferred taxes                                     (228)      (63)
Employee stock-based compensation expense         2,505     1,989
Excess tax benefits from stock-based
compensation                                    (1,688)     (435)
Equity in earnings of unconsolidated affiliate     (381)     (310)
Changes in assets and liabilities, net of
effect of acquisitions and dispositions:
Accounts receivable - trade                    (4,628)   (5,159)
Inventories                                    (5,775)   (9,110)
Prepaids and other current assets               1,090       (70)
Other assets                                      (90)      (31)
Accounts payable - trade                        4,001     2,445
Accrued expenses and other                      6,866     1,040
--------  --------
Net cash provided by operating activities         23,355     3,449
--------  --------
Cash flows from investing activities:
Purchases of property and equipment              (5,626)   (2,247)
Proceeds from sales of property and equipment        --        25
Cash paid for acquisitions, net of cash
acquired                                        (2,732)       --
Equity investment in unconsolidated affiliate        --      (160)
--------  --------
Net cash used in investing activities             (8,358)   (2,382)
--------  --------
Cash flows from financing activities:
Net repayments under swing line credit
facility                                        (3,415)      (85)
Net repayments under revolving credit
facility                                       (19,000)       --
Payments on long-term debt                          (93)       --
Debt financing costs                                (78)       --
Net proceeds from issuance of common stock           --    22,157
Proceeds from exercise of stock options           3,084       836
Proceeds from exercise of warrants                   38     4,018
Excess tax benefits from stock-based
compensation                                     1,688       435
--------  --------
Net cash provided by (used in) financing
activities                                      (17,776)   27,361
--------  --------
Effect of exchange rate changes on cash and
cash equivalents                                     12        14
--------  --------
Net increase (decrease) in cash and cash
equivalents                                      (2,767)   28,442
Cash and cash equivalents, beginning of period     9,522     3,393
--------  --------
Cash and cash equivalents, end of period        $  6,755  $ 31,835
========  ========
T-3 ENERGY SERVICES, INC. AND SUBSIDIARIES
SUPPLEMENTARY DATA - SCHEDULE 1 (UNAUDITED)
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(in thousands except per share amounts)
Three Months Ended    Six Months Ended
------------------    ----------------
June 30,            June 30,
--------            --------
2008      2007      2008      2007
----      ----      ----      ----
INCOME FROM CONTINUING
OPERATIONS:
GAAP Income from
continuing operations     $  7,516  $  5,313  $ 17,029  $ 10,812
Strategic alternatives
costs, net of tax (A)        1,606        --     1,606        --
Change of control charge,
net of tax (B)                  --     1,929        --     1,929
--------  --------  --------  --------
Non-GAAP Income from
continuing operations (C) $  9,122  $  7,242  $ 18,635  $ 12,741
========  ========  ========  ========
DILUTED EARNINGS PER SHARE:
GAAP continuing operations
diluted earnings per
share                     $   0.58  $   0.44  $   1.32  $   0.94
Strategic alternatives
costs, net of tax             0.12        --      0.12        --
Change of control charge,
net of tax                      --      0.16        --      0.16
--------  --------  --------  --------
Non-GAAP continuing
operations diluted
earnings per share (C)    $   0.70  $   0.60  $   1.44  $   1.10
========  ========  ========  ========
ADJUSTED EBITDA:
GAAP Income from
continuing operation      $  7,516  $  5,313  $ 17,029  $ 10,812
Strategic alternatives
costs, net of tax            1,606        --     1,606        --
Change of control charge,
net of tax                      --     1,929        --     1,929
Provision for income
taxes (D)                    4,438     3,849     8,634     7,083
Depreciation and
amortization                 2,259     1,075     4,444     2,096
Interest Expense                601       103     1,493       256
Interest Income                 (24)     (259)      (63)     (281)
--------  --------  --------  --------
Adjusted EBITDA (E)        $ 16,396  $ 12,010  $ 33,143  $ 21,895
========  ========  ========  ========
(A) Represents costs of $2.5 million before tax and $1.6 million
after tax related to the pursuit of strategic alternatives for
the Company for the three and six months ended June 30, 2008.
(B) Represents costs of $2.5 million before tax and $1.9 million
after tax associated with a change of control payment and the
immediate vesting of previously unvested stock options and
restricted stock held by Gus D. Halas, the Company's Chairman,
President and Chief Executive Officer, pursuant to the terms of
his then existing employment agreement, for the three and six
months ended June 30, 2007.
(C) Non-GAAP income from continuing operations is equal to income
from continuing operations plus the strategic alternatives
costs and change of control compensation charge, net of tax.
Non-GAAP continuing operations diluted earnings per share is
equal to continuing operations diluted earnings per share plus
the strategic alternatives costs and change of control
compensation charge, net of tax per share.  We have presented
Non-GAAP income from continuing operations and Non-GAAP
continuing operations diluted earnings per share because the
Company believes that reporting income from continuing
operations and diluted earnings per share excluding the
strategic alternatives costs and change of control compensation
costs provides useful supplemental information regarding the
Company's on-going economic performance and, therefore, uses
this financial measure internally to evaluate and manage the
Company's operations. The Company has chosen to provide this
information to investors to enable them to perform more
meaningful comparisons of the operating results and as a means
to emphasize the results of on-going operations.
(D) Provision for income taxes in the Adjusted EBITDA calculation
has been increased by $865,000 for the tax effect of the
strategic alternatives costs for the three and six months ended
June 30, 2008, and $593,000 for the tax effect of the change of
control charge for the three and six months ended June 30,
2007.
(E) Adjusted EBITDA is a non-generally accepted accounting
principle, or GAAP, financial measure equal to income from
continuing operations, the most directly comparable GAAP
measure, excluding the strategic alternatives costs and change
of control compensation charge, plus interest expense, net of
interest income, provision for income taxes, depreciation and
amortization.  We have presented Adjusted EBITDA because we use
Adjusted EBITDA as an integral part of our internal reporting
to measure our performance and to evaluate the performance of
our senior management.  We consider Adjusted EBITDA to be an
important indicator of the operational strength of our
business.  Management uses Adjusted EBITDA:
* as a measure of operating performance that assists us in
comparing our performance on a consistent basis because it
removes the impact of our capital structure and asset base
from our operating results;
* as a measure for budgeting and for evaluating actual results
against our budgets;
* to assess compliance with financial ratios and covenants
included in our senior credit facility;
* in communications with lenders concerning our financial
performance; and
* to evaluate the viability of potential acquisitions and
overall rates of return.
Adjusted EBITDA eliminates the effect of considerable amounts
of non-cash depreciation and amortization.  A limitation of
this measure, however, is that it does not reflect the periodic
costs of certain capitalized tangible and intangible assets
used in generating revenues in our business.  Management
evaluates the costs of such tangible and intangible assets and
the impact of related impairments through other financial
measures, such as capital expenditures, investment spending and
return on capital.  Therefore, we believe that Adjusted EBITDA
provides useful information to our investors regarding our
performance and overall results of operations.  Adjusted EBITDA
is not intended to be a performance measure that should be
regarded as an alternative to, or more meaningful than, either
income from continuing operations as an indicator of operating
performance or to cash flows from operating activities as a
measure of liquidity.  In addition, Adjusted EBITDA is not
intended to represent funds available for dividends,
reinvestment or other discretionary uses, and should not be
considered in isolation or as a substitute for measures of
performance prepared in accordance with GAAP.  The Adjusted
EBITDA measure presented above may not be comparable to
similarly titled measures presented by other companies, and may
not be identical to corresponding measures used in our various
agreements.
&lt;/pre&gt;
&lt;pre&gt;CONTACT:  T-3 Energy Services, Inc.
James M. Mitchell, Senior Vice President and
Chief Financial Officer
713-996-4110
&lt;/pre&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;div align=&quot;right&quot;&gt;&lt;br&gt;
&amp;nbsp;&lt;/div&gt;
 
&lt;br&gt;&lt;br&gt;6-Aug-08 11:00 AM
</description>
			<itunes:subtitle>T-3 Energy Services, Inc. Announces Second Quarter 2008 Earnings</itunes:subtitle>
			<itunes:summary>&lt;p&gt;HOUSTON, Aug. 6, 2008 (PRIME NEWSWIRE) -- T-3 Energy Services, Inc. (&quot;T-3 Energy&quot;) (Nasdaq:TTES) reported second quarter 2008 net income from continuing operations of $7.5 million, or $0.58 per diluted share, up 41% and 32%, respectively, from $5.3 million or $0.44 per diluted share for the second quarter of 2007. Year to date 2008 net income from continuing operations of $17.0 million, or $1.32 per diluted share, was up 58% and 40%, respectively, from $10.8 million, or $0.94 per diluted share, reported during 2007. &lt;/p&gt;
&lt;table align=&quot;right&quot; border=&quot;0&quot;&gt;
    &lt;tbody&gt;
        &lt;tr&gt;
            &lt;td&gt;&lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;
&lt;p&gt;The second quarter 2008 financial results include costs, which were $2.5 million before tax and $1.6 million after tax, related to the pursuit of strategic alternatives for the Company. The second quarter 2007 financial results include a charge, which was $2.5 million before tax and $1.9 million after tax, associated with a change of control payment and the immediate vesting of previously unvested stock options and restricted stock held by Gus D. Halas, the Company's Chairman, President and Chief Executive Officer, pursuant to the terms of his then existing employment agreement. Excluding the impact of these strategic alternatives costs and change of control costs, T-3 Energy's net income from continuing operations and diluted earnings per share for the second quarter of 2008 were $9.1 million and $0.70, respectively, which is an increase of 26% and 17%, respectively, from $7.2 million and $0.60 per diluted share in 2007. &lt;/p&gt;
&lt;p&gt;Revenues for the second quarter of 2008 increased 30% to $67.7 million from $51.9 million for the same period in 2007. Year to date 2008 revenues increased 37% to $136.9 million from $99.8 million for the same period in 2007. The Company's revenues increased primarily due to the acquisitions of Energy Equipment Corporation (&quot;EEC&quot;) and Pinnacle Wellhead, Inc. (&quot;Pinnacle&quot;) along with the continued demand for its pressure and flow control and pipeline original equipment products and services. As a result of the continued demand for the Company's pressure and flow control and pipeline products and services, its backlog has increased approximately 31% from $61.8 million at June 30, 2007 to $80.7 million at June 30, 2008. &lt;/p&gt;
&lt;p&gt;Operating income for the second quarter of 2008 increased 42% to $11.3 million from $7.9 million for the same period in 2007. Year to date 2008 operating income increased 53% to $25.7 million from $16.8 million for the same period in 2007. The increase in the Company's operating income is primarily related to increased revenues and gross margins. Gross margins were 40% during the three and six months ended June 30, 2008, compared to 38% and 37% during the three and six months ended June 30, 2007, respectively. This gross margin increase resulted from the sale of higher margin products and services and operational efficiencies. &lt;/p&gt;
&lt;p&gt;Gus D. Halas, T-3 Energy's Chairman, President and Chief Executive Officer commented, &quot;The demand for our products and services remains strong as our backlog continues to grow from previous periods. We look forward to the second half of 2008 when we expect to realize the benefits of some of the international multi-rig packages that we have been quoting. We also will continue to focus on expanding our geographic presence during the second half of 2008 through acquisitions and/or joint venture arrangements. We are excited about the joint venture arrangement that we recently entered into with Aswan International Engineering Company LLC in Dubai and believe this relationship will provide us with a strong presence in the Middle East. We recently exercised our option to purchase the India manufacturing operations of HP&amp;amp;T Products, Inc. to provide us with another means of low cost country sourcing. Our gross margin of 40% for 2008 is another milestone for T-3 Energy. We will continue to work on sourcing and manufacturing efficiency opportunities to improve our margins. To date, 2008 has provided several new financial and operational records for T-3, such as gross profit margin and backlog levels. &lt;/p&gt;
&lt;p&gt;&quot;Despite the slight sequential decline, the second quarter was an important quarter for T-3 Energy and it set the stage for what we believe will be a successful second half of the year. This is demonstrated by our strong closing backlog. T-3 Energy continues to execute on our strategic growth plan as our results demonstrate. Most importantly, we continue to gain recognition as a name-brand original equipment manufacturer and service provider on an international scale and we remain steadily committed to providing responsive value to our customers.&quot; &lt;/p&gt;
&lt;p&gt;T-3 Energy Services, Inc. provides a broad range of oilfield products and services primarily to customers in the drilling and completion of new oil and gas wells, the workover of existing wells and the production and transportation of oil and gas. &lt;/p&gt;
&lt;p&gt;Certain comments contained in this news release concerning the anticipated financial results of the Company constitute &quot;forward-looking statements&quot; within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Whenever possible, the Company has identified these &quot;forward-looking&quot; statements by words such as &quot;believe&quot;, &quot;encouraged&quot;, &quot;expect&quot;, &quot;expected&quot; and similar phrases. The forward-looking statements are based upon management's expectations and beliefs and, although these statements are based upon reasonable assumptions, actual results might differ materially from expected results due to a variety of factors including, but not limited to, overall demand for and pricing of the Company's products, changes in the level of oil and natural gas exploration and development, and variations in global business and economic conditions. The Company assumes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise. For a discussion of additional risks and uncertainties that could impact the Company's results, review the T-3 Energy Services, Inc. Quarterly Report on Form 10-Q for the period ending June 30, 2008 and its Annual Report on Form 10-K for the year ended December 31, 2007 and other filings of the Company with the Securities and Exchange Commission. &lt;/p&gt;
&lt;p&gt;Non-GAAP Financial Measures. Certain information discussed in this news release are considered non-GAAP financial measures. See the Supplementary Data - Schedule 1 in this news release for the corresponding reconciliations to GAAP financial measures for the periods ended June 30, 2008 and 2007. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, the Company's reported results. &lt;/p&gt;
&lt;pre&gt;               T-3 ENERGY SERVICES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(in thousands except per share amounts)
Three Months Ended     Six Months Ended
June 30,               June 30,
2008       2007       2008       2007
----       ----       ----       ----
Revenues:
Products             $  57,724  $  41,001  $ 115,751  $  78,840
Services                 9,966     10,932     21,109     20,993
---------  ---------  ---------  ---------
67,690     51,933    136,860     99,833
Cost of revenues:
Products                35,271     25,526     70,375     49,839
Services                 5,339      6,519     12,234     12,755
---------  ---------  ---------  ---------
40,610     32,045     82,609     62,594
Gross profit             27,080     19,888     54,251     37,239
Operating expenses       15,781     11,953     28,530     20,441
---------  ---------  ---------  ---------
Income from
operations              11,299      7,935     25,721     16,798
Interest expense           (601)      (103)    (1,493)      (256)
Interest income              24        259         63        281
Other income, net           367        478        507        479
---------  ---------  ---------  ---------
Income from
continuing
operations before
provision for income
taxes                   11,089      8,569     24,798     17,302
Provision for income
taxes                    3,573      3,256      7,769      6,490
---------  ---------  ---------  ---------
Income from
continuing
operations               7,516      5,313     17,029     10,812
Loss from
discontinued
operations, net of
tax                         (9)    (1,075)       (11)    (1,075)
---------  ---------  ---------  ---------
Net income            $   7,507  $   4,238  $  17,018  $   9,737
=========  =========  =========  =========
Basic earnings (loss)
per common share:
Continuing
operations          $     .60  $     .45  $    1.37  $     .96
=========  =========  =========  =========
Discontinued
operations          $      --  $    (.09) $      --  $    (.09)
=========  =========  =========  =========
Net income per
common share        $     .60  $     .36  $    1.37  $     .87
=========  =========  =========  =========
Diluted earnings
(loss) per common
share:
Continuing
operations          $     .58  $     .44  $    1.32  $     .94
=========  =========  =========  =========
Discontinued
operations          $      --  $    (.09) $      --  $    (.10)
=========  =========  =========  =========
Net income per
common share        $     .58  $     .35  $    1.32  $     .84
=========  =========  =========  =========
Weighted average
common shares
outstanding:
Basic                   12,477     11,779     12,404     11,235
=========  =========  =========  =========
Diluted                 13,063     12,127     12,926     11,558
=========  =========  =========  =========
T-3 ENERGY SERVICES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(in thousands except for share amounts)
June 30,  Dec. 31,
2008      2007
----      ----
(unaudited)
ASSETS
Current assets:
Cash and cash equivalents                     $  6,755  $  9,522
Accounts receivable - trade, net                49,329    44,180
Inventories                                     52,856    47,457
Deferred income taxes                            4,169     3,354
Prepaids and other current assets                5,134     5,824
--------  --------
Total current assets                          118,243   110,337
Property and equipment, net                     43,411    40,073
Goodwill, net                                  112,732   112,249
Other intangible assets, net                    34,783    35,065
Other assets                                     3,152     2,838
--------  --------
Total assets                                  $312,321  $300,562
========  ========
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable - trade                      $ 24,888  $ 20,974
Accrued expenses and other                      20,267    15,156
Current maturities of long-term debt                74        74
--------  --------
Total current liabilities                      45,229    36,204
Long-term debt, less current maturities         39,006    61,423
Other long-term liabilities                      1,283     1,101
Deferred income taxes                           12,281    11,186
Commitments and contingencies
Stockholders' equity:
Preferred stock, $.001 par value, 25,000,000
shares authorized, no shares issued or
outstanding                                       --        --
Common stock, $.001 par value, 50,000,000
shares authorized,  12,520,791 and
12,320,341 shares issued and outstanding at
June 30, 2008 and December 31, 2007,
respectively                                      13        12
Warrants, 10,157 and 13,138 issued and
outstanding at June 30, 2008 and December
31, 2007, respectively                            20        26
Additional paid-in capital                    167,777   160,446
Retained earnings                              44,057    27,039
Accumulated other comprehensive income          2,655     3,125
--------  --------
Total stockholders' equity                   214,522   190,648
--------  --------
Total liabilities and stockholders' equity    $312,321  $300,562
========  ========
T-3 ENERGY SERVICES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
(in thousands)
Six Months Ended
June 30,
2008      2007
----      ----
Cash flows from operating activities:
Net income                                      $ 17,018  $  9,737
Adjustments to reconcile net income to net
cash provided by operating activities:
Loss from discontinued operations, net of tax        11     1,075
Bad debt expense                                     68       110
Depreciation and amortization                     4,444     2,096
Amortization of deferred loan costs                 117       126
Loss on sale of assets                               --         9
Write-off of property and equipment, net             25        --
Deferred taxes                                     (228)      (63)
Employee stock-based compensation expense         2,505     1,989
Excess tax benefits from stock-based
compensation                                    (1,688)     (435)
Equity in earnings of unconsolidated affiliate     (381)     (310)
Changes in assets and liabilities, net of
effect of acquisitions and dispositions:
Accounts receivable - trade                    (4,628)   (5,159)
Inventories                                    (5,775)   (9,110)
Prepaids and other current assets               1,090       (70)
Other assets                                      (90)      (31)
Accounts payable - trade                        4,001     2,445
Accrued expenses and other                      6,866     1,040
--------  --------
Net cash provided by operating activities         23,355     3,449
--------  --------
Cash flows from investing activities:
Purchases of property and equipment              (5,626)   (2,247)
Proceeds from sales of property and equipment        --        25
Cash paid for acquisitions, net of cash
acquired                                        (2,732)       --
Equity investment in unconsolidated affiliate        --      (160)
--------  --------
Net cash used in investing activities             (8,358)   (2,382)
--------  --------
Cash flows from financing activities:
Net repayments under swing line credit
facility                                        (3,415)      (85)
Net repayments under revolving credit
facility                                       (19,000)       --
Payments on long-term debt                          (93)       --
Debt financing costs                                (78)       --
Net proceeds from issuance of common stock           --    22,157
Proceeds from exercise of stock options           3,084       836
Proceeds from exercise of warrants                   38     4,018
Excess tax benefits from stock-based
compensation                                     1,688       435
--------  --------
Net cash provided by (used in) financing
activities                                      (17,776)   27,361
--------  --------
Effect of exchange rate changes on cash and
cash equivalents                                     12        14
--------  --------
Net increase (decrease) in cash and cash
equivalents                                      (2,767)   28,442
Cash and cash equivalents, beginning of period     9,522     3,393
--------  --------
Cash and cash equivalents, end of period        $  6,755  $ 31,835
========  ========
T-3 ENERGY SERVICES, INC. AND SUBSIDIARIES
SUPPLEMENTARY DATA - SCHEDULE 1 (UNAUDITED)
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(in thousands except per share amounts)
Three Months Ended    Six Months Ended
------------------    ----------------
June 30,            June 30,
--------            --------
2008      2007      2008      2007
----      ----      ----      ----
INCOME FROM CONTINUING
OPERATIONS:
GAAP Income from
continuing operations     $  7,516  $  5,313  $ 17,029  $ 10,812
Strategic alternatives
costs, net of tax (A)        1,606        --     1,606        --
Change of control charge,
net of tax (B)                  --     1,929        --     1,929
--------  --------  --------  --------
Non-GAAP Income from
continuing operations (C) $  9,122  $  7,242  $ 18,635  $ 12,741
========  ========  ========  ========
DILUTED EARNINGS PER SHARE:
GAAP continuing operations
diluted earnings per
share                     $   0.58  $   0.44  $   1.32  $   0.94
Strategic alternatives
costs, net of tax             0.12        --      0.12        --
Change of control charge,
net of tax                      --      0.16        --      0.16
--------  --------  --------  --------
Non-GAAP continuing
operations diluted
earnings per share (C)    $   0.70  $   0.60  $   1.44  $   1.10
========  ========  ========  ========
ADJUSTED EBITDA:
GAAP Income from
continuing operation      $  7,516  $  5,313  $ 17,029  $ 10,812
Strategic alternatives
costs, net of tax            1,606        --     1,606        --
Change of control charge,
net of tax                      --     1,929        --     1,929
Provision for income
taxes (D)                    4,438     3,849     8,634     7,083
Depreciation and
amortization                 2,259     1,075     4,444     2,096
Interest Expense                601       103     1,493       256
Interest Income                 (24)     (259)      (63)     (281)
--------  --------  --------  --------
Adjusted EBITDA (E)        $ 16,396  $ 12,010  $ 33,143  $ 21,895
========  ========  ========  ========
(A) Represents costs of $2.5 million before tax and $1.6 million
after tax related to the pursuit of strategic alternatives for
the Company for the three and six months ended June 30, 2008.
(B) Represents costs of $2.5 million before tax and $1.9 million
after tax associated with a change of control payment and the
immediate vesting of previously unvested stock options and
restricted stock held by Gus D. Halas, the Company's Chairman,
President and Chief Executive Officer, pursuant to the terms of
his then existing employment agreement, for the three and six
months ended June 30, 2007.
(C) Non-GAAP income from continuing operations is equal to income
from continuing operations plus the strategic alternatives
costs and change of control compensation charge, net of tax.
Non-GAAP continuing operations diluted earnings per share is
equal to continuing operations diluted earnings per share plus
the strategic alternatives costs and change of control
compensation charge, net of tax per share.  We have presented
Non-GAAP income from continuing operations and Non-GAAP
continuing operations diluted earnings per share because the
Company believes that reporting income from continuing
operations and diluted earnings per share excluding the
strategic alternatives costs and change of control compensation
costs provides useful supplemental information regarding the
Company's on-going economic performance and, therefore, uses
this financial measure internally to evaluate and manage the
Company's operations. The Company has chosen to provide this
information to investors to enable them to perform more
meaningful comparisons of the operating results and as a means
to emphasize the results of on-going operations.
(D) Provision for income taxes in the Adjusted EBITDA calculation
has been increased by $865,000 for the tax effect of the
strategic alternatives costs for the three and six months ended
June 30, 2008, and $593,000 for the tax effect of the change of
control charge for the three and six months ended June 30,
2007.
(E) Adjusted EBITDA is a non-generally accepted accounting
principle, or GAAP, financial measure equal to income from
continuing operations, the most directly comparable GAAP
measure, excluding the strategic alternatives costs and change
of control compensation charge, plus interest expense, net of
interest income, provision for income taxes, depreciation and
amortization.  We have presented Adjusted EBITDA because we use
Adjusted EBITDA as an integral part of our internal reporting
to measure our performance and to evaluate the performance of
our senior management.  We consider Adjusted EBITDA to be an
important indicator of the operational strength of our
business.  Management uses Adjusted EBITDA:
* as a measure of operating performance that assists us in
comparing our performance on a consistent basis because it
removes the impact of our capital structure and asset base
from our operating results;
* as a measure for budgeting and for evaluating actual results
against our budgets;
* to assess compliance with financial ratios and covenants
included in our senior credit facility;
* in communications with lenders concerning our financial
performance; and
* to evaluate the viability of potential acquisitions and
overall rates of return.
Adjusted EBITDA eliminates the effect of considerable amounts
of non-cash depreciation and amortization.  A limitation of
this measure, however, is that it does not reflect the periodic
costs of certain capitalized tangible and intangible assets
used in generating revenues in our business.  Management
evaluates the costs of such tangible and intangible assets and
the impact of related impairments through other financial
measures, such as capital expenditures, investment spending and
return on capital.  Therefore, we believe that Adjusted EBITDA
provides useful information to our investors regarding our
performance and overall results of operations.  Adjusted EBITDA
is not intended to be a performance measure that should be
regarded as an alternative to, or more meaningful than, either
income from continuing operations as an indicator of operating
performance or to cash flows from operating activities as a
measure of liquidity.  In addition, Adjusted EBITDA is not
intended to represent funds available for dividends,
reinvestment or other discretionary uses, and should not be
considered in isolation or as a substitute for measures of
performance prepared in accordance with GAAP.  The Adjusted
EBITDA measure presented above may not be comparable to
similarly titled measures presented by other companies, and may
not be identical to corresponding measures used in our various
agreements.
&lt;/pre&gt;
&lt;pre&gt;CONTACT:  T-3 Energy Services, Inc.
James M. Mitchell, Senior Vice President and
Chief Financial Officer
713-996-4110
&lt;/pre&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;div align=&quot;right&quot;&gt;&lt;br&gt;
&amp;nbsp;&lt;/div&gt;
</itunes:summary>
			<guid isPermaLink="false">http://www.t3energy.com/en/art/?40</guid>
			<author>noemail@t3energy.com</author>
			<pubDate>Wed, 06 Aug 2008 16:00:00 GMT</pubDate>
		</item>

		<item>

			<category>Articles</category>
			<link>http://www.t3energy.com/en/art/?38</link>
			<title>T-3 Energy Services, Inc. Announces It Will Hold a Conference Call to Discuss Second Quarter 2008 Results On Wednesday, August 6th At 10:00 A.M. Central Time</title>
			<description>&lt;p&gt;HOUSTON, July 31, 2008 (PRIME NEWSWIRE) -- T-3 Energy Services, Inc. (&quot;T-3&quot;) (Nasdaq:TTES) announced today that it will hold a conference call to discuss second quarter 2008 results on Wednesday, August 6, 2008 at 10:00 a.m. Central Time. To participate in the live conference call, dial 877-548-7905 (domestic and Canada) or 719-325-4895 (international) at least ten minutes prior to the scheduled start of the call. &lt;/p&gt;
&lt;table align=&quot;right&quot; border=&quot;0&quot;&gt;
    &lt;tbody&gt;
        &lt;tr&gt;
            &lt;td&gt;&lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;
&lt;p&gt;T-3 Energy Services, Inc. provides a broad range of oilfield products and services primarily to customers in the drilling and completion of new oil and gas wells, the workover of existing wells and the production and transportation of oil and gas. Its customer base, which operates in active oil and gas basins throughout the world, consists of leading drilling contractors, exploration and production companies and pipeline companies. For further information, see &lt;a href=&quot;http://www.t3energy.com/&quot; target=&quot;_top&quot;&gt;http://www.t3energy.com&lt;/a&gt; &lt;/p&gt;
&lt;p&gt;Certain statements and answers to questions during the conference call may contain &quot;forward-looking statements.&quot; These statements, and all phases of the Company's operations, are subject to risks and uncertainties, any one of which could cause actual results to differ materially from those described in the forward-looking statements. Investors are reminded that these forward-looking statements must be considered in conjunction with the cautionary warnings and risk factors, which are detailed in the Company's most recent Annual Report on Form 10-K filed with the SEC and available from the Company. &lt;/p&gt;
&lt;pre&gt;CONTACT:  T-3 Energy Services, Inc.
James M. Mitchell, Senior Vice President and
Chief Financial Officer
713-996-4110
&lt;/pre&gt;
 
&lt;br&gt;&lt;br&gt;1-Aug-08 5:00 PM
</description>
			<itunes:subtitle>T-3 Energy Services, Inc. Announces It Will Hold a Conference Call to Discuss Second Quarter 2008 Results On Wednesday, August 6th At 10:00 A.M. Central Time</itunes:subtitle>
			<itunes:summary>&lt;p&gt;HOUSTON, July 31, 2008 (PRIME NEWSWIRE) -- T-3 Energy Services, Inc. (&quot;T-3&quot;) (Nasdaq:TTES) announced today that it will hold a conference call to discuss second quarter 2008 results on Wednesday, August 6, 2008 at 10:00 a.m. Central Time. To participate in the live conference call, dial 877-548-7905 (domestic and Canada) or 719-325-4895 (international) at least ten minutes prior to the scheduled start of the call. &lt;/p&gt;
&lt;table align=&quot;right&quot; border=&quot;0&quot;&gt;
    &lt;tbody&gt;
        &lt;tr&gt;
            &lt;td&gt;&lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;
&lt;p&gt;T-3 Energy Services, Inc. provides a broad range of oilfield products and services primarily to customers in the drilling and completion of new oil and gas wells, the workover of existing wells and the production and transportation of oil and gas. Its customer base, which operates in active oil and gas basins throughout the world, consists of leading drilling contractors, exploration and production companies and pipeline companies. For further information, see &lt;a href=&quot;http://www.t3energy.com/&quot; target=&quot;_top&quot;&gt;http://www.t3energy.com&lt;/a&gt; &lt;/p&gt;
&lt;p&gt;Certain statements and answers to questions during the conference call may contain &quot;forward-looking statements.&quot; These statements, and all phases of the Company's operations, are subject to risks and uncertainties, any one of which could cause actual results to differ materially from those described in the forward-looking statements. Investors are reminded that these forward-looking statements must be considered in conjunction with the cautionary warnings and risk factors, which are detailed in the Company's most recent Annual Report on Form 10-K filed with the SEC and available from the Company. &lt;/p&gt;
&lt;pre&gt;CONTACT:  T-3 Energy Services, Inc.
James M. Mitchell, Senior Vice President and
Chief Financial Officer
713-996-4110
&lt;/pre&gt;
</itunes:summary>
			<guid isPermaLink="false">http://www.t3energy.com/en/art/?38</guid>
			<author>noemail@t3energy.com</author>
			<pubDate>Fri, 01 Aug 2008 22:00:00 GMT</pubDate>
		</item>

		<item>

			<category>Articles</category>
			<link>http://www.t3energy.com/en/art/?37</link>
			<title>T-3 Energy Services, Inc. Enters Into Middle East Joint Venture Agreement With Aswan International Engineering Company LLC Located in Dubai, UAE</title>
			<description>&lt;p style=&quot;text-justify: inter-ideograph; text-align: justify&quot;&gt;HOUSTON, TEXAS, (PRIMEZONE WIRE) &#8211; July 14, 2008.&amp;nbsp;T-3 Energy Services, Inc. (&#8220;T-3 Energy&#8221;) (NASDAQ:TTES &#8211; News) announced today that it has entered into a joint venture arrangement to be effective September 1, 2008, or such earlier date as agreed to by the parties, with Aswan International Engineering Company LLC, (&#8220;Aswan&#8221;).&amp;nbsp;Aswan, who is a member of the Al Shirawi Group of Companies (&#8220;Al Shirawi&#8221;), is located in Dubai and provides manufacturing, repair and remanufacturing of oilfield products for customers operating in the Middle East.&amp;nbsp;&amp;nbsp; The joint venture, which will be named T-3 Energy Services Aswan Middle East LLC (&#8220;the Company&#8221;), will be operated and controlled by both parties in equal percentages.&amp;nbsp;Under the terms of the agreement, T-3 Energy will provide the Company with a license and technical assistance to repair, manufacture, remanufacture and service equipment for customers in the United Arab Emirates, Kuwait, Qatar, Bahrain, Oman, Yemen, Algeria, Egypt, Pakistan and Iraq.&amp;nbsp;Aswan will provide the Company with manufacturing space pursuant to a sublease agreement along with its competence and experience in Dubai with respect to agency support and operations support.&amp;nbsp;On the effective date of the joint venture arrangement, T-3 Energy and Aswan will enter into a contribution agreement whereby T-3 Energy and Aswan will each contribute certain equipment and operations capital to the Company.&lt;/p&gt;
&lt;p style=&quot;text-justify: inter-ideograph; text-align: justify&quot;&gt;Gus D. Halas, T-3 Energy&#8217;s Chairman, President and Chief Executive Officer commented, &#8220;We are excited to work with Aswan and Al Shirawi as their extensive experience and contacts in the oil and gas industry should help us expand our pressure control group into the Middle East.&amp;nbsp;This joint venture arrangement is another milestone in T-3&#8217;s strategy of international growth. &amp;nbsp;It should allow us to provide companies operating in the Middle East with a readily available source of T-3&#8217;s original equipment products along with a rapid response to their aftermarket service needs.&amp;nbsp;Our physical presence and product availability in the Middle East provides further commitment to better meet our customers&#8217; needs.&#8221; &lt;/p&gt;
&lt;p style=&quot;text-justify: inter-ideograph; text-align: justify&quot;&gt;Kabir Valrani, Chief Executive Officer of Aswan International Engineering Company LLC commented, &#8220;We are excited about the new joint venture in Dubai, UAE with T-3 Energy Services.&amp;nbsp;T-3 has vast experience and engineering know how in the pressure control equipment.&amp;nbsp;We plan to have state of the art capital equipment and infrastructure for the remanufacture, service and recertification of pressure control equipment and will be playing a key role to cater to the growing needs of the Middle East oilfield customers.&#8221;&lt;/p&gt;
&lt;p style=&quot;text-justify: inter-ideograph; text-align: justify&quot;&gt;T-3 Energy Services, Inc. provides a broad range of oilfield products and services primarily to customers in the drilling and completion of new oil and gas wells, the workover of existing wells and the production and transportation of oil and gas.&lt;/p&gt;
&lt;p style=&quot;text-justify: inter-ideograph; text-align: justify&quot;&gt;&lt;span style=&quot;color: black&quot;&gt;Certain comments contained in this news release concerning the anticipated financial results of T-3 Energy constitute &quot;forward-looking statements&quot; within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Whenever possible, T-3 Energy has identified these &quot;forward-looking&quot; statements by words such as &quot;believe&quot;, &quot;encouraged&quot;, &quot;expect&quot;, &quot;expected&quot; and similar phrases. The forward-looking statements are based upon management's expectations and beliefs and, although these statements are based upon reasonable assumptions, actual results might differ materially from expected results due to a variety of factors including, but not limited to, overall demand for and pricing of T-3 Energy's products, changes in the level of oil and natural gas exploration and development, and variations in global business and economic conditions. T-3 Energy assumes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise. For a discussion of additional risks and uncertainties that could impact T-3 Energy's results, review the T-3 Energy Services, Inc. Annual Report on Form 10-K for the year ended December 31, 2007 and other filings of the Company with the Securities and Exchange Commission. &lt;/span&gt;&lt;/p&gt;
&lt;p&gt;Contact:&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; James M. Mitchell&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Senior Vice President and Chief Financial Officer&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 713-996-4110&lt;/p&gt;
 
&lt;br&gt;&lt;br&gt;14-Jul-08 8:00 AM
</description>
			<itunes:subtitle>T-3 Energy Services, Inc. Enters Into Middle East Joint Venture Agreement With Aswan International Engineering Company LLC Located in Dubai, UAE</itunes:subtitle>
			<itunes:summary>&lt;p style=&quot;text-justify: inter-ideograph; text-align: justify&quot;&gt;HOUSTON, TEXAS, (PRIMEZONE WIRE) &#8211; July 14, 2008.&amp;nbsp;T-3 Energy Services, Inc. (&#8220;T-3 Energy&#8221;) (NASDAQ:TTES &#8211; News) announced today that it has entered into a joint venture arrangement to be effective September 1, 2008, or such earlier date as agreed to by the parties, with Aswan International Engineering Company LLC, (&#8220;Aswan&#8221;).&amp;nbsp;Aswan, who is a member of the Al Shirawi Group of Companies (&#8220;Al Shirawi&#8221;), is located in Dubai and provides manufacturing, repair and remanufacturing of oilfield products for customers operating in the Middle East.&amp;nbsp;&amp;nbsp; The joint venture, which will be named T-3 Energy Services Aswan Middle East LLC (&#8220;the Company&#8221;), will be operated and controlled by both parties in equal percentages.&amp;nbsp;Under the terms of the agreement, T-3 Energy will provide the Company with a license and technical assistance to repair, manufacture, remanufacture and service equipment for customers in the United Arab Emirates, Kuwait, Qatar, Bahrain, Oman, Yemen, Algeria, Egypt, Pakistan and Iraq.&amp;nbsp;Aswan will provide the Company with manufacturing space pursuant to a sublease agreement along with its competence and experience in Dubai with respect to agency support and operations support.&amp;nbsp;On the effective date of the joint venture arrangement, T-3 Energy and Aswan will enter into a contribution agreement whereby T-3 Energy and Aswan will each contribute certain equipment and operations capital to the Company.&lt;/p&gt;
&lt;p style=&quot;text-justify: inter-ideograph; text-align: justify&quot;&gt;Gus D. Halas, T-3 Energy&#8217;s Chairman, President and Chief Executive Officer commented, &#8220;We are excited to work with Aswan and Al Shirawi as their extensive experience and contacts in the oil and gas industry should help us expand our pressure control group into the Middle East.&amp;nbsp;This joint venture arrangement is another milestone in T-3&#8217;s strategy of international growth. &amp;nbsp;It should allow us to provide companies operating in the Middle East with a readily available source of T-3&#8217;s original equipment products along with a rapid response to their aftermarket service needs.&amp;nbsp;Our physical presence and product availability in the Middle East provides further commitment to better meet our customers&#8217; needs.&#8221; &lt;/p&gt;
&lt;p style=&quot;text-justify: inter-ideograph; text-align: justify&quot;&gt;Kabir Valrani, Chief Executive Officer of Aswan International Engineering Company LLC commented, &#8220;We are excited about the new joint venture in Dubai, UAE with T-3 Energy Services.&amp;nbsp;T-3 has vast experience and engineering know how in the pressure control equipment.&amp;nbsp;We plan to have state of the art capital equipment and infrastructure for the remanufacture, service and recertification of pressure control equipment and will be playing a key role to cater to the growing needs of the Middle East oilfield customers.&#8221;&lt;/p&gt;
&lt;p style=&quot;text-justify: inter-ideograph; text-align: justify&quot;&gt;T-3 Energy Services, Inc. provides a broad range of oilfield products and services primarily to customers in the drilling and completion of new oil and gas wells, the workover of existing wells and the production and transportation of oil and gas.&lt;/p&gt;
&lt;p style=&quot;text-justify: inter-ideograph; text-align: justify&quot;&gt;&lt;span style=&quot;color: black&quot;&gt;Certain comments contained in this news release concerning the anticipated financial results of T-3 Energy constitute &quot;forward-looking statements&quot; within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Whenever possible, T-3 Energy has identified these &quot;forward-looking&quot; statements by words such as &quot;believe&quot;, &quot;encouraged&quot;, &quot;expect&quot;, &quot;expected&quot; and similar phrases. The forward-looking statements are based upon management's expectations and beliefs and, although these statements are based upon reasonable assumptions, actual results might differ materially from expected results due to a variety of factors including, but not limited to, overall demand for and pricing of T-3 Energy's products, changes in the level of oil and natural gas exploration and development, and variations in global business and economic conditions. T-3 Energy assumes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise. For a discussion of additional risks and uncertainties that could impact T-3 Energy's results, review the T-3 Energy Services, Inc. Annual Report on Form 10-K for the year ended December 31, 2007 and other filings of the Company with the Securities and Exchange Commission. &lt;/span&gt;&lt;/p&gt;
&lt;p&gt;Contact:&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; James M. Mitchell&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Senior Vice President and Chief Financial Officer&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 713-996-4110&lt;/p&gt;
</itunes:summary>
			<guid isPermaLink="false">http://www.t3energy.com/en/art/?37</guid>
			<author>noemail@t3energy.com</author>
			<pubDate>Mon, 14 Jul 2008 13:00:00 GMT</pubDate>
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		<item>
			<category>Release</category>
			<link>http://www.t3energy.com/en/rel/?1</link>
			<title>T3 ENERGY NEWS</title>
			<description>   ReceIve News via Email                   Jul 31, 2007       T-3 Energy Services, Inc. Announces It Will Hold a Conference Call to Discuss Second Quarter 2007 Results on Monday, August 6th at 10:00 A.M. Central Time                 Jul 30, 2007       T-3 Energy Services, Inc. Announces Second Quarter 2007 Earnings                 Jul 10, 2007       T-3 Energy Services, Inc. Announces the Resignation of Stephen A. Snider as a Member of Its Board of Directors and the Appointment of Lisa W. Rodriguez                 May 7, 2007       T-3 Energy Services, Inc. Announces First Quarter 2007 Earnings                 Apr 17, 2007       T-3 Energy Services, Inc. Prices Common Stock Offering                 Apr 9, 2007       T-3 Energy Services, Inc. Announces First Quarter Financial Update                 Apr 9, 2007       T-3 Energy Services, Inc. Announces Common Stock Offering                 Mar 16, 2007       T-3 Energy Services, Inc. Announces Fourth Quarter and 2006 Earnings From...
</description>
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			<author>noemail@t3energy.com</author>
			<pubDate>Mon, 01 Jan 2007 21:00:00 GMT</pubDate>
</item>

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&lt;br /&gt;&lt;div class=&quot;vcard&quot;&gt;
&lt;span class=&quot;fn&quot;&gt;Allan &lt;/span&gt;&lt;br /&gt;
&lt;div class=&quot;adr&quot;&gt;
&lt;div class=&quot;street-address&quot;&gt;7135 Ardmore&lt;/div&gt;
&lt;span class=&quot;locality&quot;&gt;Houston&lt;/span&gt;,
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			<pubDate>Sat, 21 Oct 2006 20:33:46 GMT</pubDate>
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			<category>Content Managers</category>
			<link>http://www.t3energy.com/en/cms/?88</link>
			<title>Careers at T3</title>
			<description>   T3 Invites you to Join our Growing Team!  Click on link for job description   Cypress Plant                          QC Inspectors                          Assembly Mechanics                    Machinists - CNC and Manual   Ardmore Plant  Field Service Technicians   Machinists    Manufacturing Engineer AM Shift    Corporate Office  Design Engineer   WPS Sr. Acct Rep   Creekmont Plant     QUEST Manager  Staff Accountant  Casper, Wyoming  Assembly Mechanic  Denver, CO  WPS Division Account Manager    If you are interested in relocating, we have positions open in Louisiana, Wyoming, Indiana, Canada, and Mexico  Benefits include 401K, Dental and Medical Insurance, Employee Assistance Program, Short and Long Term Disability   Send resumes to HR, T3 Energy Services, 7135 Ardmore Street, Houston, TX 77054.  Contact H.R. Department -  713-316-8806 phone; 713-688-2808 fax; bking@t3energy.com         

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			<pubDate>Mon, 18 Aug 2008 21:55:45 GMT</pubDate>
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			<category>Content Managers</category>
			<link>http://www.t3energy.com/en/cms/?142</link>
			<title>T3 - Providing Reliability in Service and Products</title>
			<description> At T3, we dont just design, manufacture &amp; services products - we build lasting relationships with our customers. It is the goal of all of T3 divisions to provide our clients with timely, innovative solutions to their needs and with a higher level of service than the industry standard.        Pressure Control Group    Regardless of your project needs, T3 Pressure Control Group will provide you what you are looking for quicker, less expensive and with a higher level of service than you will find from any of our competition. &amp;gt;&amp;gt; More Information about Pressure Control Group (PCG)     Wellhead &amp; Production Systems T3 Energy Services Time Saver (TS) wellhead group of products are simplified, and streamlined with many advantages to meet our clients specific needs.  &amp;gt;&amp;gt; More Information about Wellhead and Production Systems (WPS)    Pipeline Valve Specialty  T3 Pipeline Groups commitment to quality and service make us the recognized valve supplier throughout the pipeline and...

</description>
			<guid isPermaLink="false">http://www.t3energy.com/en/cms/?142</guid>
			<pubDate>Thu, 14 Aug 2008 20:30:46 GMT</pubDate>
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			<category>Content Managers</category>
			<link>http://www.t3energy.com/en/cms/?643</link>
			<title>T-3 International</title>
			<description>    Our physical presence and product availability in the Middle East &amp; India provides further commitment to better meet our customers needs.       T-3 Energys partnership with Aswan International Engineering Company LLC will provide companies operating in the United Arab Emirates, Kuwait, Qatar, Bahrain, Oman, Yemen, Algeria, Egypt, Pakistan and Iraq regions with a readily available source of T-3s original equipment products along with a rapid response to their aftermarket service needs.      T3 Energy Services Aswan Middle East LLC       Dubai Investment Park PO Box 31550    Contact:  Bill Crighton  Tel: 97-14-885-1300  Fax: 97-14-885-1301      T-3 Energy Services India Private Limited D-II/65-1, MIDC, Chinchwad Pune-411019   Contact:  Pritam Jambhale Tel: 91-20-3068-1971      

</description>
			<guid isPermaLink="false">http://www.t3energy.com/en/cms/?643</guid>
			<pubDate>Tue, 12 Aug 2008 16:16:14 GMT</pubDate>
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			<category>Content Managers</category>
			<link>http://www.t3energy.com/en/cms/?128</link>
			<title>QUEST</title>
			<description> Quality Assurance All processes, employee certification programs, and inspection activities are managed through our Quality Management Systems (QMS). T3&#8217;s QMS is based on several different industrial standards and is coupled with performance models to ensure continual monitoring and improvement. Each T3 facility has a quality management team that is charged with assuring that day-to-day operations are conducted consistently and within the protocols outlined with the corporate QMS. Operational steps are continually monitored and evaluated against customer and industrial requirements. To ensure that all QMS elements are operating as designed and to provide an additional level of support at each facility, we have assigned a Quality Manager at each facility who monitors individual facility performance and helps manage critical operations.  T3 Energy is committed to providing the highest quality products and services to our customers. This will be done without our compromising our...

</description>
			<guid isPermaLink="false">http://www.t3energy.com/en/cms/?128</guid>
			<pubDate>Wed, 06 Aug 2008 22:17:58 GMT</pubDate>
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			<category>Content Managers</category>
			<link>http://www.t3energy.com/en/cms/?76</link>
			<title>T3 News Releases</title>
			<description> 2008                  Aug 6, 2008       T-3 Energy Services, Inc. Announces Second Quarter 2008 Earnings                            Jul 31, 2008       T-3 Energy Services, Inc. Announces It Will Hold a Conference Call to Discuss Second Quarter 2008 Results On Wednesday, August 6th At 10:00 A.M. Central Time                            Jul 14, 2008       T-3 Energy Services, Inc. Enters Into Middle East Joint Venture Agreement With Aswan International Engineering Company LLC Located in Dubai, UAE                            Jul 2, 2008       T-3 Energy Services, Inc. Announces the Appointment of James M. Mitchell as Senior Vice President and Chief Financial Officer                            May 12, 2008       T-3 Energy Services, Inc. Receives Its Largest Order for Fully Packaged Pressure Control Systems to be Included On Jack-Up Rigs Destined for West Africa                 May 7, 2008       T-3 Energy Services, Inc. First Quarter 2008 Results Provided for Several Financial Records   ...

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			<pubDate>Wed, 06 Aug 2008 16:15:11 GMT</pubDate>
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		<item>
			<category>Content Managers</category>
			<link>http://www.t3energy.com/en/cms/?470</link>
			<title>HPT Extreme Service Gate Valves</title>
			<description>T3 manufactures two separate lines of high pressure gate valves. Both valves are designed and tested to API 6A specifications and have been design reviewed by DNV and ABS. Model HPT&#8482; Gate Valve   The HPT&#8482; Gate Valve family is T3s premium line of gate valves - designed specifically for high pressure and temperature environments (HP/HT). The HPT valve has a revolutionary new seat/seal assembly which incorporates a full metal-to-metal seal and NO elastomers. Thus, when used in applications where gasses are present, the valve seals are not susceptible to explosive decompression, a significant problem in other valve designs. In addition to HP/HT applications, the unique seat/seal assembly used in the Model HPT&#8482; has made it the only value for use in highly erosive applications such as flowbacks and underbalanced drilling. The Model HPT&#8482; can be manufactured to PSL 1 through 4.    The Model HPT&#8482; Failsafe Actuator is available with a pressure-assist spring return hydraulic failsafe closed or...

</description>
			<guid isPermaLink="false">http://www.t3energy.com/en/cms/?470</guid>
			<pubDate>Mon, 04 Aug 2008 15:17:18 GMT</pubDate>
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			<category>Content Managers</category>
			<link>http://www.t3energy.com/en/cms/?53</link>
			<title>WS2 Well Service Choke</title>
			<description>&lt;div&gt;The T3 WS2 choke is designed for several well service applications where trims wear out quickly and trim change outs are frequent.&amp;nbsp; The design provides extended trim life in erosive service and quick trim changeouts.&lt;/div&gt;
&lt;div&gt;&lt;br&gt;
&amp;nbsp;&lt;/div&gt;
&lt;div&gt;The worm gear operator allows for precise positioning and fail in last position.&amp;nbsp; This choke has hydraulic actuation and is available with electric or pneumatic actuation.&amp;nbsp; The position transmitter provides accurate position indication via remote digital indicator with low torque manual override.&lt;/div&gt;
&lt;div&gt;&amp;nbsp;&lt;/div&gt;
&lt;div&gt;&lt;img style=&quot;width: 150px; height: 267px&quot; height=&quot;267&quot; alt=&quot;&quot; src=&quot;/attachments/wysiwyg/4/WellServiceChoke1.jpg&quot; width=&quot;150&quot; border=&quot;0&quot; /&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;img style=&quot;width: 146px; height: 281px&quot; height=&quot;281&quot; alt=&quot;&quot; src=&quot;/attachments/wysiwyg/4/WellServiceChoke2.jpg&quot; width=&quot;146&quot; border=&quot;0&quot; /&gt;&lt;br&gt;
&amp;nbsp;&lt;/div&gt;


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			<pubDate>Thu, 31 Jul 2008 21:59:26 GMT</pubDate>
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			<pubDate>Wed, 25 Jun 2008 23:28:35 GMT</pubDate>
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			<pubDate>Wed, 25 Jun 2008 22:38:45 GMT</pubDate>
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&lt;/a&gt;&lt;/strong&gt;
&lt;div&gt;&amp;nbsp;&lt;/div&gt;
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			<pubDate>Mon, 09 Jun 2008 21:00:10 GMT</pubDate>
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			<category>Survey</category>
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			<title>Lorem ipsum survey</title>
			<description>Objectives: &lt;p&gt;Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diem nonummynibh euismod tincidunt ut lacreet dolore magna aliguam erat volutpat. Ut wisis enim ad minim veniam, quis nostrud exerci tution ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat. Duis te feugifacilisi. &lt;/p&gt;

&lt;p&gt;Duis autem dolor in hendrerit in vulputate velit esse molestie consequat, vel illum dolore eu feugiat nulla facilisis at vero eros et accumsan et iusto odio dignissim qui blandit praesent luptatum zzril delenit au gue duis dolore te feugat nulla facilisi. &lt;/p&gt;

&lt;p&gt;Ut wisi enim ad minim veniam, quis nostrud exerci taion ullamcorper suscipit lobortis nisl ut aliquip ex en commodo consequat. Duis te feugifacilisi per suscipit lobortis nisl ut aliquip ex en commodo consequat.Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diem nonummy nibh euismod tincidunt ut lacreet dolore magna aliguam erat volutpat. &lt;/p&gt;

&lt;p&gt;Ut wisis enim ad minim veniam, quis nostrud exerci&lt;br&gt;&lt;br&gt;Release Date: 21-Oct-06 3:33 PM&lt;br&gt;Expiration Date: 21-Jan-07 3:33 PM&lt;br&gt;&lt;p&gt;Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diem nonummynibh euismod tincidunt ut lacreet dolore magna aliguam erat volutpat. Ut wisis enim ad minim veniam, quis nostrud exerci tution ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat. Duis te feugifacilisi. &lt;/p&gt;

&lt;p&gt;Duis autem dolor in hendrerit in vulputate velit esse molestie consequat, vel illum dolore eu feugiat nulla facilisis at vero eros et accumsan et iusto odio dignissim qui blandit praesent luptatum zzril delenit au gue duis dolore te feugat nulla facilisi. &lt;/p&gt;

&lt;p&gt;Ut wisi enim ad minim veniam, quis nostrud exerci taion ullamcorper suscipit lobortis nisl ut aliquip ex en commodo consequat. Duis te feugifacilisi per suscipit lobortis nisl ut aliquip ex en commodo consequat.Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diem nonummy nibh euismod tincidunt ut lacreet dolore magna aliguam erat volutpat. &lt;/p&gt;

&lt;p&gt;Ut wisis enim ad minim veniam, quis nostrud exerci</description>
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			<author>noemail@t3energy.com</author>
			<pubDate>Sat, 21 Oct 2006 20:33:45 GMT</pubDate>
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<item>
<title>Lorem ipsum</title>
<category>Courses</category>
<link>http://www.t3energy.com/en/courses/view.asp?courseid=1</link>
<description><![CDATA[Instructor: Instructor<br><br>

Lorem ipsum<br>
]]></description>
<dc:subject>Course</dc:subject>
<dc:date>2006-10-21T20:33:45Z</dc:date>
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