Slide Presentation

www.flotekind.com

Flotek

Industries, Inc.

A Technology-Driven

Growth Company

Jerry Dumas, Chairman & CEO

Houston Energy Financial Forum

November 18-20, 2008

Exhibit 99.2

Flotek

Overview

Flotek’s

business is comprised of three segments

Drilling Products Segment

Leading provider of downhole

rental tools to the energy

and mining industries

Complete bottom hole assembly including motores,

MWD and stabilization tools

Chemicals & Logistic Segment

Provide chemicals for drilling, cementing, stimulation,

acidizing and production

Our chemicals improve production and well economics

Operate automated bulk handling/loading facilities

Artificial Lift

Provide pumping system components to produce oil

and gas

Flotek

Growth Engines

Sustainable Earnings Growth

Growth Strategy:

Diversified revenue base with

low capital requirements

Attractive acquisitions in

strategic markets

Organic growth through R&D

Aggressive focus thru Flotek

International

Focus on Fundamentals:

Employee recruiting and retention

Management team growth

Field operating profit target of 25%

Core Business Growth:

Specialized products for

unconventional oil & gas

Artificial lift—a $6.6B

market *

Stimulation chemicals—a

$4.1B, high-margin market *

Drilling tools—a $1.8B

market*

*Spears Oilfield Market Report, Oct. 2008

Focused, Balanced Growth Strategy

We take a balanced approach to growth of our three business segments

Acquisitions and organic growth

Demonstrated acquisition track record

–

Completed 12 acquisitions since 2001

Significant organic growth

–

65% of revenue growth for 2006

–

64% of revenue growth for 2007

Domestic vs. International

Expand into selected North American basins

Expand international –

Middle East, North Sea

Gas vs. Oil

Increase exposure to oil projects

Petrovalve

applicable to Canadian SAGD oil sands

Production vs. Drilling

Increase exposure to production-oriented activities

Grow recurring revenue base

Quarterly Revenue (By Segment)

$10

$20

$30

$40

$50

$60

$70

Chemicals & Logistics

Drilling Products

Artificial Lift

In $M

Third Quarter 2008 Financial Highlights

3Q 2008 vs. 3Q 2007

–

50% revenue growth

–

49% increase EBITDA

–

42% growth in income from

operations

–

16% increase in net income;

15% increase in diluted

earning per share

–

Gross profit margin of 45% in

08 vs. 43% in 07

8.5

5.0

41.7

10.1

5.8

62.8

15.7

12.1

16%

49%

50%

42%

Total

Revenue

EBITDA

Income from

Operations

Net Income

10%

15%

20%

25%

30%

35%

40%

45%

50%

2007

2008

Difference

2007 vs. 2008

In $M

Third Quarter 2008 Product Highlights

New Technologies

–

StimLube

& StimLube

CAT

friction reducers

–

AMB-100 biocide

–

New TeleShot

MWD tool

–

Flotek

Shock Subs and Drilling

Jars

–

Field Testing TelePulse

MWD for

use in directional drilling

8.5

5.0

41.7

10.1

5.8

62.8

15.7

12.1

16%

49%

50%

42%

Total

Revenue

EBITDA

Income from

Operations

Net Income

10%

15%

20%

25%

30%

35%

40%

45%

50%

2007

2008

Difference

2007 vs. 2008

In $M

Proprietary, Technology-Driven Products

Flotek

continues to shift offerings toward specialty, away from commodity

Focus on high market growth

Deliver strong profitability

Customer-focused R&D efforts

in chemistry and mechanical

areas

Solid pipeline of new products;

dedicated science and technical

professionals

Acquisitions target technology-

oriented products and select

vertical integration

41.5%

40.9%

42.7%

42.9%

22.6%

21.6%

23.5%

17.1%

10%

20%

30%

40%

50%

2004

2005

2006

2007

10%

20%

30%

40%

50%

Gross Margin %

EBITDA Margin %

Historical Margins

Drilling Products Segment

Complementary

technologies

–

motors,

telemetry

and

drill

string

components

Teledrift:

Leading designer and manufacturer of

wireless survey and measurement while

drilling (MWD) tools

Increases our offering of proprietary,

technology-oriented downhole

rental

tools

CAVO Drilling Motors:

Complete line of high performance mud

motors

Particularly applicable in directional and

workover

applications

Tool Rental:

Stabilizers, drill collars, reamers, wipers,

jars and shock subs (also sales of

centralizers and drill bits)

$21.9

$56.8

$3.3

$36.8

$10

$20

$30

$40

$50

$60

2004

2005

2006

2007

Flotek

Revenue

In $M

Teledrift

Extraordinary technology

Compliments mud motor technology

Aggressive directional rental opportunity

“Franchise”

technology –

a proven industry standard

Gross profit and EBITDA margins

Chemicals & Logistics Segment

offer

full

spectrum

specialty

chemicals

for

drilling

and

cementing,

stimulation, acidizing and production

Proprietary Specialty Chemicals

For drilling, cementing, completion and production:

75% specialty products by revenue

Customers include major service companies,

independents and drilling contractors

Value-based pricing

Substantial In-House R&D Efforts

Woodlands, Texas, R&D center opened August 2007

Expanded capacity for custom product development

Collaboration with key customers on new products

Includes 7 PhDs, 125 years combined experience

Logistics Business

Design, project manage and operate automated bulk

handling/loading facilities

Facilities handle and blend sand, cement and other

materials for oilfield operations

$29.6

$50.5

$18.0

$86.3

$20

$40

$60

$80

$100

2004

2005

2006

2007

Other

Products

25%

Proprietary /

Patent-Pending

75%

Revenue

In $M

Chemicals Group

Growing global demand for oilfield chemicals*

5.9% yearly demand increase for oilfield chemicals

–

$14.5B market by 2010

Largest market is North America

–

Nearly 60% of total demand in 2010

North Sea demand for high value, environmental products

–

Biodegradable capillary foamer

–

Micro-emulsion (ME) offshore approval pending

–

Manufacturing capability established in The Netherlands

* The Freedonia

Group, Inc.-World Oilfield Chemicals # 2162

Key Technology

Patented Micro-emulsion chemistry for drilling, fracturing and acidizing

“Green”

chemicals enhance

unconventional gas production*

Well economics/viability

Actual production rates

Recoverable reserves

Well lifecycle

Flotek

MICRO-emulsions flow more

readily than standard MACRO-

emulsions. Frac

job clean-up is

improved for better production.

The

Oil

Gas

Journal,

“Trends

Unconventional

Gas”

Dec

17,

2007

Micro-emulsion (ME) Performance

Independent 24-well Green River

Basin, Wyoming study*

ME clearly outperformed

non-ME wells

Effective fracture half-length

over 1.5 times longer

20 year estimated gas recovery

33% more

Estimated NPV 40% more

Shut-in wells recovered 100% of

prior production vs. losses up to

50% without ME

$26

$56

$10

$20

$30

$40

$50

$60

2003

2004

2005

2006

2007

* 2008 Performance Sciences, Inc., Dr. Jim Crafton PhD

ME Gross Revenue Growth

In $M

Artificial Lift Segment

We provide pumping system components widely used in unconventional

horizontal and coalbed

methane wells

Petrovalve

optimizes rod pumping

efficiency:

Increase flow per stroke

Producer can slow pump rate while

maintaining production volume

Can be placed at production zone

within vertical and horizontal

completions

Improves well economics, extends

the economic life

Especially applicable in

unconventional plays (heavy oil,

high gas to liquids ratio wells) to

eliminate gas locking

$1.4

$14.9

$0.6

$13.3

$10

$15

$20

2004

2005

2006

2007

Revenue

In $M

Artificial Lift –

Coal Bed Methane

Gas Separator

–

Patented downhole

technology to enhance production and

improve efficiency of coal bed methane

wells.

Improves production by reducing solution

gas lost in water recovery

Reduces environmental impact

water/gas

separator

$3.70

$12.00

$21.70

$37.10

$10

$20

$30

$40

2004

2005

2006

2007

Strong Revenue and EBITDA Growth...

Revenue

EBITDA

$158.0

$100.6

$52.9

$21.9

$20

$40

$60

$80

$100

$120

$140

$160

2004

2005

2006

2007

In $M

...Has Led To Strong Earnings and EPS

Growth

$0.88

$0.61

$0.47

$0.15

$0.00

$0.10

$0.20

$0.30

$0.40

$0.50

$0.60

$0.70

$0.80

$0.90

$1.00

2004

2005

2006

2007

$2.2

$7.7

$11.4

$16.7

$10

$15

$20

2004

2005

2006

2007

In $M

Annual EPS

Net Income

EBITDA Reconciliation

($ in millions)

2004

2005

2006

2007

Net Income

$2.2

$7.7

$11.4

$16.7

Interest Expense

0.7

0.8

1.0

3.5

Income Taxes

0.2

1.7

6.6

10.4

Depreciation and Amortization

0.7

1.8

2.8

6.5

EBITDA

$3.7

$12.0

$21.7

$37.1

Forward Looking Statements and

Non-GAAP Disclosures

Certain

statements

and

information

included

this

presentation

constitute

“forward–looking

statements”

within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based

on certain assumptions and analyses made by the Company’s management in light of its experience and

its perception of historical trends, current conditions, expected future developments and other factors it

believes are appropriate under the circumstances. These statements involve known and unknown risks

and uncertainties, some of which are outlined in the Company’s 10-K, which may cause the actual

performance

Flotek

materially

different

from

any

future

results

expressed

implied

this

presentation

and

the

forward-looking

statements.

Flotek

undertakes

obligation

update

any

its

forward-looking statements for any reason.

Flotek

has used the non-GAAP financial measure of earnings before interest, taxes, depreciation and

amortization (EBITDA) in this presentation. We have used this because we believe that EBITDA

provides useful information to investors as it represents the measure of pre-tax cash flow of Flotek, prior

to any debt service requirements. A non-GAAP financial measure is a numerical measure of financial

performance, financial position, or cash flows that either 1) excludes amounts, or is subject to

adjustments that have the effect of excluding amounts, that are included in the most directly comparable

measure calculated and presented in accordance with GAAP in the statement of income, balance sheet

or statement of cash flows, or 2) includes amounts, or is subject to adjustments that have the effect of

including amounts, that are excluded from the most directly comparable measure so calculated and

presented.

Flotek

Industries, Inc.

2930 W. Sam Houston Parkway N. Suite 300

Houston, Texas 77043

713-849-9911

www.flotekind.com

Brian Shannon, Investor Relations Manager

At Flotek

Industries, our mission is to provide the customers we serve with the best value to

enhance their performance. This will be done with the utmost dignity, integrity, and

character. Character of the organization and its people matters greatly at Flotek

where

values will not be compromised. We will strive daily to achieve the highest standards of

quality, loyalty, and service to be, with God’s grace, the best in our industry. This is our

commitment to our customers, stockholders and ourselves.