Exhibit 99.2

INDEPENDENCE OILFIELD CHEMICALS, LLC AND SUBSIDIARY

CONSOLIDATED FINANCIAL STATEMENTS

JUNE 30, 2014

INDEPENDENCE OILFIELD CHEMICALS, LLC AND SUBSIDIARY

CONTENTS

INDEPENDENCE OILFIELD CHEMICALS, LLC AND SUBSIDIARY

UNAUDITED CONSOLIDATED BALANCE SHEET

JUNE 30, 2014

(In ‘000s)

See accompanying notes to consolidated financial statements

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INDEPENDENCE OILFIELD CHEMICALS, LLC AND SUBSIDIARY

UNAUDITED CONSOLIDATED STATEMENT OF OPERATIONS

FOR THE PERIOD ENDED JUNE 30, 2014

(In ‘000s)

See accompanying notes to consolidated financial statements

2

INDEPENDENCE OILFIELD CHEMICALS, LLC AND SUBSIDIARY

UNAUDITED CONSOLIDATED STATEMENT OF CHANGES IN MEMBER’S INTEREST

FOR THE PERIOD ENDED JUNE 30, 2014

(In ‘000s)

See accompanying notes to consolidated financial statements

3

INDEPENDENCE OILFIELD CHEMICALS, LLC AND SUBSIDIARY

UNAUDITED CONSOLIDATED STATEMENT OF CASH FLOWS

FOR THE PERIOD ENDED JUNE 30, 2014

(In ‘000s)

See accompanying notes to consolidated financial statements

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INDEPENDENCE OILFIELD CHEMICALS, LLC AND SUBSIDIARY

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Independence Oilfield Chemicals (“IOC”) was formed on May 8, 2012 as a Delaware limited liability company. IOC is a wholly-owned subsidiary of IOC Holdings, LLC (“Holdings” or the “Member”), which was organized for the sole purpose of purchasing and holding investments in IOC.

IOC is a company that engages in the distribution of chemical solutions used in the oil and natural gas drilling and stimulation, process, primarily in Texas, North Dakota, the Rockies and Wyoming.

Basis of preparation

The accompanying consolidated financial statements have been prepared in accordance with accounting principles accepted in the United States of America (“GAAP”).

Principles of consolidation

The accompanying financial statements include the amounts of IOC and its wholly-owned subsidiary IOC Atascoa FM 536 LLC (collectively the “Company”). All significant intercompany transactions and balances have been eliminated in consolidation.

Use of estimates

In preparing consolidated financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of expenses during the reporting period. Actual results could differ significantly from these estimates. Significant items subject to such estimates and assumptions include the valuation (impairment) consideration of long-lived assets, accounts receivable, and inventory and the useful lives of the machinery and equipment.

Cash equivalents and bank overdrafts

The Company considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. As of June 30, 2014 the Company had no such cash equivalents. Bank overdrafts consist of outstanding checks not yet presented to a bank for settlement, net of cash held in accounts with right of offset.

Accounts receivable and allowance for doubtful accounts

Accounts receivable are recorded at net realizable values. When required, the Company maintains an allowance for estimated losses resulting from the failure of customers to make required payments and for anticipated returns. The allowance is based on specific facts and circumstances surrounding individual customers as well as historical experience. Provisions for losses on receivables and returns are charged to income to maintain the allowance at a level considered adequate to cover losses and future returns. Receivables are charged off against the reserve when they are deemed uncollectible and returns are charged off against the reserve when the actual returns are incurred. As of June 2014, the Company had an allowance of $230,000 (2013: $nil).

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INDEPENDENCE OILFIELD CHEMICALS, LLC AND SUBSIDIARY

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Inventories

Inventory is comprised of raw materials and finished goods and is recorded on the first in first out basis and are stated at the lower of average cost or market. When required, a provision is made to reduce excess or obsolete inventory to their net realizable value when needed. As of June 30, 2014 (2013: $nil) the Company had no such allowance.

Property and equipment

Property and equipment is recorded at acquisition cost. Depreciation is calculated using the straight line method, which the Company believes is adequate to allocate the cost of the property and equipment over their estimated useful lives.

The useful lives of property and equipment are as follows:

Impairment of long-lived assets

Long-lived assets are reviewed for impairment when circumstances indicate the carrying value of an asset may not be recoverable. For assets that are held and used, impairment is recognized when the estimated undiscounted cash flows associated with the asset or group of assets is less than the carrying value. If impairment exists, an adjustment is made to write the asset down to its fair value, and a loss is recorded as the difference between the carrying value and the fair value. Fair values are determined based on discounted cash flows or internal and external appraisals, as applicable. Assets to be disposed of are carried at the lower of carrying value or estimated net realizable value. For the period ended June 30, 2014, the Company had no such impairment charges (2013: $nil).

Revenue recognition

The Company only recognizes revenue when it is realized and earned. The Company considers its revenue to have been earned when goods are shipped in accordance with purchase orders and verbal authorizations.

Shipping and handling costs

Shipping and handling costs are expensed as incurred and are included in cost of sales on the consolidated statement of operations.

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INDEPENDENCE OILFIELD CHEMICALS, LLC AND SUBSIDIARY

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Equity based compensation

The Company accounts for its equity-based compensation in accordance with ASC 718, Compensation – Share Based Compensation. This statement requires the recognition of compensation expense measured at fair value when the Company obtains employee services in equity-based payment transactions. For the period ended June 30, 2014, the Company expensed approximately $22,000 (2013; $nil) related to equity-based compensation issuances, which is included in salaries and benefits within the consolidated statement of operations.

Income taxes

The Company does not record a provision for federal income taxes because the member reports its share of the Company’s income or loss on its federal income tax returns. The consolidated financial statements reflect the Company’s transactions without adjustment, if any, required for federal income tax purposes. However, the Company is subject to Texas margin tax, which for the period ended June 30, 2014 amounted to $109,000 (2013: $51,000).

In accordance with GAAP, the Company is required to determine whether a tax position is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit recognized is measured as the largest amount of benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. De-recognition of a tax benefit previously recognized results in the Company recording a tax liability that reduces member’s equity. This policy has been applied to all existing tax positions since the Company’s inception. Based on its analysis, the Company has determined that the adoption of this policy did not have a material impact on the Company’s consolidated financial statements upon adoption. However, the Company’s conclusions regarding this policy may be subject to review and adjustment at a later date based on factors including, but not limited to, on-going analyses of and changes to tax laws, regulations and interpretations thereof.

The Company recognizes interest accrued related to unrecognized tax benefits and penalties in income tax fees payable, if assessed. No interest expense or penalties have been recognized as of June 30, 2014 or for the period then ended (2013: $nil).

The Company files an income tax return in the U.S. federal jurisdiction, and may file income tax returns in various U.S. states. Generally, the Company is subject to income tax examinations by major taxing authorities since Company inception.

The Company may be subject to potential examination by, U.S. states or foreign jurisdiction authorities in the area of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income among various tax jurisdictions and compliance with U.S. federal, U.S. state and foreign tax laws. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months.

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INDEPENDENCE OILFIELD CHEMICALS, LLC AND SUBSIDIARY

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Inventories consist of the following as of June 30, 2014:

(In ‘000s)

Property and equipment consists as at June 30, of the following:

(In ‘000s)

On March 20, 2014 the Company entered into a new five year revolving credit facility which allows for borrowing by the Company up to $20 million with a $10 million accordion feature.

Effective August 17, 2013, the Company entered into commercial insurance premium finance and security agreement (the “Finance Agreement”). The Finance Agreement was fully settled during the period ended June 30, 2014.

In March 1, 2013, the Company entered into an agreement (the “Factoring Agreement”) with Amegy Bank to factor a significant portion of its accounts receivable balances. The Company sells its accounts receivable balances at 80% of gross value and received a rebate of 20% on the gross value if the underlying receivable balance is paid with 90 days or a 17% rebate if paid between 90 and 120 days. Amegy Bank charges interest on the factored accounts receivable balance at 5.5% plus the greater of 5.0% or the Wall Street Journal Prime Rate. Payment is due upon receipt of customer payments. If any factored receivable is unpaid within 90 days, Amegy Bank has the right but not the obligation to sell the receivable back to the Company. The Agreement was settled in the period ended June 30, 2014.

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INDEPENDENCE OILFIELD CHEMICALS, LLC AND SUBSIDIARY

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Member contributions

Contributions from Holdings approximated to $nil for the period ended June 30, 2014 (2013: $10,300,000).

During the period ended June 30, 2014, the Company had sales of approximately $1,057,000 (2013: $23,231,000) or 3% (2013: 52%) of the Company’s total revenues, to an entity under common ownership.

The Company has a defined contribution plan (the “Plan”) covering all employees. The employees of the Company are allowed to contribute deferral amounts to the Plan in accordance with the limits set forth by the Internal Revenue Code (“IRC”). The Company makes discretionary matching contributions annually. For the period ended June 30, 2014, the Company expensed approximately $122,000 (2013: $79,000) related to its discretionary contributions, which was 5% of the employees’ payroll for the period.

The Company leases its primary office space, laboratory, Texas and North Dakota field offices, and copier under operating leases which expire from July 2015 through January 2021. Lease and rental expenses were approximately $423,000 for the period ended June 30, 2014 (2013: $188,000).

Aggregate future minimum annual rental payments in the years subsequent to June 30, 2014 are as follows:

(In ‘000s)

Revenue concentrations

For the period ended June 30, 2014, the Company’s revenue derived from its top two customers accounted for approximately 40% and 16% of total sales. For the period ended June 30, 2013, the Company’s revenue derived from its top three customers accounted for approximately 52%, 17% and 14% of total sales.

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