Exhibit 10.2

AMENDMENT NO. 1

This Amendment No. 1 dated as of September 18, 2012 (this “Amendment”) is among
Oil States International, Inc., a Delaware corporation (the “U.S. Borrower”),
PTI Group Inc., a corporation amalgamated under the laws of the Province of
Alberta (the “Canadian Parent”), PTI Premium Camp Services Ltd., a corporation
amalgamated under the laws of the Province of Alberta (“PTI Premium” and,
together with the Canadian Parent, the “Canadian Borrowers” and, together with
the U.S. Borrower, the “Borrowers”), each of the Guarantors, the Lenders party
hereto and Wells Fargo Bank, N.A. (“Wells Fargo”), as administrative agent (in
such capacity, the “Administrative Agent”) for the Lenders.

INTRODUCTION

WHEREAS, the Borrowers, the lenders party thereto (the “Lenders”) and the
Administrative Agent are parties to the Amended and Restated Credit Agreement
dated as of December 10, 2010 (as amended, supplemented or otherwise modified
from time to time the “Credit Agreement”).

WHEREAS, the parties have agreed, to amend the Credit Agreement as described
below.

NOW, THEREFORE, in consideration of the premises and the mutual agreements,
representations and warranties set forth herein, and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereto hereby agree as follows:

Section 1. Definitions. Unless otherwise defined in this Amendment, terms used
in this Amendment that are not defined herein and are defined in the Credit
Agreement shall have the meanings assigned to such terms in the Credit
Agreement.

Section 2. Amendments. The Credit Agreement is hereby amended as follows:

(a) Section 1.01 of the Credit Agreement is hereby amended by restating the
following defined term in its entirety:

“MAC Group” shall mean The MAC Services Group Pty Limited, a company organized
under the laws of the Commonwealth of Australia.

(b) Section 1.01 of the Credit Agreement is hereby amended by inserting the
following new defined terms in their appropriate alphabetical order:

“Australian dollars” and “A$” shall mean lawful currency of the Commonwealth of
Australia.

“MAC Group Credit Agreement” shall mean the Syndicated Facility Agreement dated
as of September 18, 2012 among MAC Group, as borrower, the lenders party
thereto, and J.P. Morgan Australia Limited, as Australian agent and security
trustee, and JPMorgan Chase Bank, N.A., as US agent.

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(c) Section 6.01(g) of the Credit Agreement is hereby restated in its entirety
as follows:

(g) Indebtedness under the MAC Group Credit Agreement and any extensions,
renewals or replacements of such Indebtedness, an unsecured guarantee of such
Indebtedness by the U.S. Borrower, and guarantees of such Indebtedness by the
Subsidiaries of MAC Group; provided that the aggregate principal amount of such
Indebtedness permitted by this clause (g) shall not exceed A$300,000,000 at any
time outstanding; and

(d) Section 6.02(j) of the Credit Agreement is hereby restated in its entirety
as follows:

(j) Liens under the Security Documents (as defined in the MAC Group Credit
Agreement) securing Indebtedness under the MAC Group Credit Agreement, Banking
Services Obligations (as defined in the MAC Group Credit Agreement) and Hedging
Obligations (as defined in the MAC Group Credit Agreement) and any extensions,
renewals or replacements of such Indebtedness; provided that such Liens shall
not apply, be with respect to or relate to any other asset, business or
circumstances of the U.S. Borrower or any Subsidiary other than the MAC Group
and its Subsidiaries;

Section 3. Representations and Warranties. The Borrowers represent and warrant
to the Agents and the Lenders that:

(a) the representations and warranties set forth in Article III of the Credit
Agreement and in each other Loan Document are true and correct in all material
respects (provided that to the extent any representation and warranty is
qualified as to “Material Adverse Effect” or otherwise as to “materiality”, such
representation and warranty is true and correct in all respects) on and as of
the date hereof with the same effect as though made on and as of such date,
except to the extent such representations and warranties expressly relate to an
earlier date;

(b) each Borrower and each other Loan Party are in compliance with all the terms
and provisions set forth in the Credit Agreement and in each other Loan Document
on its part to be observed or performed, and as of the date hereof, no Event of
Default or Default has occurred and is continuing;

(c) there has been no material adverse change in the business, assets,
operations, condition (financial or otherwise) or prospects of the Borrowers and
the Subsidiaries, taken as a whole, since December 31, 2011; and

(d) (i) the execution, delivery, and performance of this Amendment are within
the corporate power and authority of the Borrowers and each other Loan Party and
have been duly authorized by appropriate proceedings, and (ii) this Amendment
constitutes a legal, valid, and binding obligation of the Borrowers and each
other Loan Party, enforceable in accordance with its terms, except as limited by
applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws
affecting the rights of creditors generally and general principles of equity.

 

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Section 4. Effectiveness. The Credit Agreement shall be amended as provided in
this Amendment upon the occurrence of the following conditions precedent:

(a) the Administrative Agent shall have received duly and validly executed
originals of this Amendment on behalf of the Borrowers, the Guarantors, the
Administrative Agent and the Required Lenders;

(b) the Administrative Agent shall have received a copy of the fully executed
MAC Group Credit Agreement and all material ancillary agreements executed in
connection therewith, certified by a Responsible Officer of the U.S. Borrower as
true, correct and complete as of the date hereof;

(c) prior to, or concurrently with, the making of the initial extensions of
credit under the MAC Group Credit Agreement, all Indebtedness outstanding under
the Existing MAC Group Credit Agreement shall have been paid in full and the
Administrative Agent shall have received evidence reasonably satisfactory to it
that all Liens securing such Indebtedness have been released; and

(d) the Administrative Agent shall have received all Fees and other amounts due
and payable on or prior to the date of this Amendment, including, to the extent
invoiced, reimbursement or payment of all out-of-pocket expenses (including,
without limitation, the reasonable fees, charges and disbursements of counsel
for the Administrative Agent) required to be reimbursed or paid by the Borrowers
hereunder or under any other Loan Document.

Section 5. Reaffirmation of Guaranty and Liens.

(a) The U.S. Borrower and each of its Subsidiaries that is listed on the
signature pages to this Amendment (each, a “Guarantor”) (i) is party to a
Guarantee Agreement, guaranteeing payment of the Obligations, (ii) has reviewed
the Amendment and related documents, and (iii) waives any defenses to the
enforcement of its Guarantee Agreement that it may have, and agrees that
according to its terms such Guarantee Agreement will continue in full force and
effect to guaranty the Obligations under the Loan Documents, as the same may be
amended, supplemented, or otherwise modified, and such other amounts in
accordance with the terms of such Guarantee Agreement.

(b) The Borrowers and each Guarantor (i) are parties to certain Security
Documents securing and supporting the Obligations, (ii) have reviewed the
Amendment and related documents, (iii) waive any defenses that it may have to
the enforcement of the Security Documents to which they are party, and
(iv) agree that according to their terms the Security Documents to which they
are party will continue in full force and effect to secure the Obligations under
the Loan Documents, as the same may be amended, supplemented, or otherwise
modified, and (v) acknowledge, represent, and warrant that the Liens and
security interests created by the Security Documents are valid and subsisting
and create a first priority perfected security interest subject to Liens
expressly permitted by Section 6.02 of the Credit Agreement in the Collateral to
secure the Obligations.

(c) The delivery of this Amendment does not indicate or establish a requirement
that any Guarantee Agreement or Security Document requires any Borrower’s or any
Guarantor’s approval of amendments to the Credit Agreement, but has been
furnished as a courtesy at the Administrative Agent’s request.

 

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Section 6. Effect on Credit Documents.

(a) Except as amended herein, the Credit Agreement and the Loan Documents remain
in full force and effect as originally executed and are ratified and confirmed,
and nothing herein shall act as a waiver of any of the Administrative Agent’s or
Lenders’ rights and remedies under the Loan Documents, as amended, including the
waiver of any Default or Event of Default, however denominated.

(b) This Amendment is a Loan Document for the purposes of the provisions of the
other Loan Documents. Without limiting the foregoing, any breach of
representations, warranties, and covenants under this Amendment may be a Default
or Event of Default under other Loan Documents.

Section 7. Choice of Law. THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH
AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

Section 8. Miscellaneous. This Amendment may be signed in any number of
counterparts, each of which shall be an original. Delivery of an executed
signature page to this Amendment by facsimile transmission or other electronic
means shall be as effective as delivery of a manually signed counterpart of this
Amendment. The captions in this Amendment are for convenience of reference only
and shall not define or limit the provisions hereof. In the event that any one
or more of the provisions contained in this Amendment shall for any reason be
held invalid, illegal or unenforceable in any respect, such invalidity,
illegality or unenforceability shall not affect any other provision of this
Amendment.

[The remainder of this page has been left blank intentionally.]

 

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EXECUTED to be effective as of the date first above written.

 

BORROWERS: OIL STATES INTERNATIONAL, INC. By:   /s/ Bradley J. Dodson Name:  
Bradley J. Dodson Title:   Senior Vice President, Chief Financial Officer and
Treasurer PTI GROUP INC. PTI PREMIUM CAMP SERVICES LTD. By:   /s/ Lias J. Steen
Name:   Lias J. Steen Title:   Vice President and Assistant Secretary

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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GUARANTORS: ACUTE TECHNOLOGICAL SERVICES, INC. OIL STATES SKAGIT SMATCO, LLC OIL
STATES INDUSTRIES, INC. By:   /s/ Bradley J. Dodson   Bradley J. Dodson   Vice
President and Assistant Treasurer CAPSTAR DRILLING, INC. CAPSTAR HOLDING, L.L.C.
GENERAL MARINE LEASING, LLC OIL STATES ENERGY SERVICES HOLDING, INC.
        (f/k/a Oil States Energy Services, Inc.) SOONER HOLDING COMPANY SOONER,
INC. SOONER PIPE, L.L.C. OIL STATES ENERGY SERVICES, L.L.C. By:   /s/ Bradley J.
Dodson   Bradley J. Dodson   Vice President and Treasurer PTI MARS HOLDCO 1, LLC
By:   /s/ Bradley J. Dodson   Bradley J. Dodson   Vice President, Chief
Financial Officer and Treasurer

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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OSES INTERNATIONAL HOLDING, L.L.C. (f/k/a Capstar Drilling GP, L.L.C.)   By: OIL
STATES ENERGY SERVICES HOLDING, INC. (f/k/a Oil States Energy Services, Inc.),
its sole member   By:   /s/ Bradley J. Dodson     Bradley J. Dodson     Vice
President and Treasurer

 

OIL STATES MANAGEMENT, INC. By:   /s/ Bradley J. Dodson   Bradley J. Dodson  
Vice President PTI GROUP USA LLC CROWN CAMP SERVICES LTD. PTI CAMP INSTALLATIONS
LTD. PTI INTERNATIONAL INC. PTI INTERNATIONAL LTD. PTI NOBLE STRUCTURES INC. PTI
TRAVCO MODULAR STRUCTURES LTD. 892493 ALBERTA INC. By:   /s/ Lias J. Steen  
Lias J. Steen   Vice President and Assistant Secretary

STINGER WELLHEAD PROTECTION (CANADA)

        INCORPORATED

By:   /s/ Lias J. Steen   Lias J. Steen   Secretary

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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PTI HOLDING COMPANY 1 PTY LIMITED ACN

        146 700 441

By:   /s/ Bradley J. Dodson   Bradley J. Dodson   Director

PTI HOLDING COMPANY 2 PTY LIMITED ACN

        146 700 487

By:   /s/ Bradley J. Dodson   Bradley J. Dodson   Director

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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WELLS FARGO BANK, N.A., as a U.S.

Lender and Administrative Agent

By:   /s/ Kristen Brockman Name:   Kristen Brockman Title:   Vice President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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WELLS FARGO FINANCIAL

CORPORATION CANADA, as a Canadian

Lender

By:   /s/ Richard Valade Name:   Richard Valade Title:   President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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ROYAL BANK OF CANADA, as Canadian Administrative Agent By:   /s/ Ann Hurley
Name:   Ann Hurley Title:   Manager, Agency

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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ROYAL BANK OF CANADA, as a U.S.

Lender

By:   /s/ Jay T. Sartain Name:   Jay T. Sartain Title:   Authorized Signatory

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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ROYAL BANK OF CANADA, as a Canadian Lender By:   /s/ Sonia G. Tibbatts Name:  
Sonia G. Tibbatts Title:   Authorized Signatory

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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JPMORGAN CHASE BANK, N.A., as a U.S.

Lender

By:   /s/ Thomas Okamoto Name:   Thomas Okamoto Title:   Authorized Officer

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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JPMORGAN CHASE BANK, N.A.,

TORONTO BRANCH, as a Canadian Lender

By:   /s/ Thomas Okamoto Name:   Thomas Okamoto Title:   Authorized Officer

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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THE BANK OF NOVA SCOTIA, as a U.S.

Lender and a Canadian Lender

By:   /s/ Mark Sparrow Name:   Mark Sparrow Title:   Director SCOTIABANC INC.,
as a U.S. Lender By:   /s/ J.F. Todd Name:   J.F. Todd Title:   Managing
Director

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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TORONTO DOMINION (TEXAS) LLC, as a

U.S. Lender

By:   /s/ Paul Beltrame Name:   Paul Beltrame Title:   Vice President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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THE TORONTO-DOMINION BANK, as a

Canadian Lender

By:   /s/ Mike Corbett Name:   Mike Corbett Title:   Senior Manager By:   /s/
Joe Seidel Name:   Joe Seidel Title:   Associate Vice President Commercial
National Accounts

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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DNB BANK ASA, NEW YORK BRANCH, as

a U.S. Lender and a Canadian Lender

By:   /s/ Sanjiv Nayar Name:   Sanjiv Nayar Title:   Senior Vice President By:  
/s/ Evan Uhlick Name:   Evan Uhlick Title:   Vice President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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BANK OF AMERICA, N.A., as a U.S. Lender By:   /s/ Gary L. Mingle Name:   Gary L.
Mingle Title:   Senior Vice-President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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BANK OF AMERICA, N.A., acting through its Canada Branch, as a Canadian Lender
By:   /s/ Medina Sales de Andrade Name:   Medina Sales de Andrade Title:   Vice
President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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HSBC BANK USA, N.A., as a U.S. Lender By:   /s/ Ryan Smith Name:   Ryan Smith
Title:   Vice President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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HSBC BANK CANADA, as a Canadian Lender By:   /s/ Perry Englot Name:   Perry
Englot Title:   Vice President and Manager By:   /s/ Malcolm Tinsley Name:  
Malcolm Tinsley Title:   Assistant Vice President Syndications and Commercial
Banking Prairie Region

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as a U.S. Lender By:   /s/ Mikhail
Faybusovich Name:   Mikhail Faybusovich Title:   Director By:   /s/ Alex Verdone
Name:   Alex Verdone Title:   Associate

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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CREDIT SUISSE AG, TORONTO BRANCH,

as a Canadian Lender

By:   /s/ Alain Daoust Name:   Alain Daoust Title:   Director By:   /s/ Paul
White Name:   Paul White Title:   Vice President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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FIFTH THIRD BANK, as a U.S. Lender By:   /s/ Robert R. Mangers Name:   Robert R.
Mangers Title:   Vice President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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SUMITOMO MITSUI BANKING

CORPORATION, as a U.S. Lender

By:   /s/ Shuji Yabe Name:   Shuji Yabe Title:   Managing Director

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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SUMITOMO MITSUI BANKING

CORPORATION OF CANADA, as a Canadian Lender

By:   /s/ Alfred Lee Name:   Alfred Lee Title:   Senior Vice President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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NATIXIS, NEW YORK BRANCH, as a U.S.

Lender

By:   /s/ Louis P. Laville, III Name:   Louis P. Laville, III Title:   Managing
Director By:   /s/ Daniel Payer Name:   Daniel Payer Title:   Managing Director

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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U.S. BANK NATIONAL ASSOCIATION, as a

U.S. Lender

By:   /s/ John Prigge Name:   John Prigge Title:   Vice President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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U.S. BANK NATIONAL ASSOCIATION, as a Canadian Lender By:   /s/ Paul Rodgers
Name:   Paul Rodgers Title:   Vice President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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CAPITAL ONE, NATIONAL ASSOCIATION,

as a U.S. Lender

By:   /s/ Peter Shen Name:   Peter Shen Title:   Vice President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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BARCLAYS BANK PLC, as a U.S. Lender and

a Canadian Lender

By:   /s/ Louise Brechin Name:   Louise Brechin Title:   Relationship Director

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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COMERICA BANK, as a U.S. Lender By:   /s/ Gary Culbertson Name:   Gary
Culbertson Title:   Vice President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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COMERICA BANK, a Texas banking

association and foreign authorized bank under

the Bank Act (Canada), as a Canadian Lender

By:   /s/ Gary Culbertson Name:   Gary Culbertson Title:   Vice President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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AMEGY BANK NATIONAL ASSOCIATION,

as a U.S. Lender

By:   /s/ G. Scott Collins Name:   G. Scott Collins Title:   Senior Vice
President

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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NATIONAL AUSTRALIA BANK LIMITED,

as a U.S. Lender

By:   /s/ Marcia Bockol Name:   Marcia Bockol Title:   Director, Client Coverage
Americas

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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THE BANK OF TOKYO-MITSUBISHI UFJ,

LTD., as a U.S. Lender

By:   /s/ Andrew Oram Name:   Andrew Oram Title:   Managing Director

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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BANK OF TOKYO-MITSUBISHI UFJ

(CANADA), as a Canadian Lender

By:   /s/ Davis J. Stewart Name:   Davis J. Stewart Title:   Executive Vice
President and General Manager

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)

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LIBERTY ISLAND FUNDING 2011-1, as a

U.S. Lender

By:   /s/ Carlos Quinteros Name:   Carlos Quinteros Title:   Managing Director
By:   /s/ Kenyatta Gibbs Name:   Kenyatta Gibbs Title:   Director

 

Signature Page to Amendment No. 1

(Oil States International, Inc.)