On January 17, 2023, Natural Gas Services Group Inc announced that J Hale Hoak of Hoak & Co sent letters to Company?s Interim Chief Executive Officer, Steve Taylor and in connection therewith, Hoak publicly filed the letters with its Schedule 13D filings, requests that the Company call off its permanent CEO search, consider adding directors to its board, explore a sale or merger of the Company and use debt to fund growth opportunities. In addition, the Company stated that the Company values input from shareholders and appreciate Hoak?s perspective, as such it believes it is prudent to respond to Hoak?s letters and update shareholders on current management and Board initiatives, considering the necessity of the CEO position, the Company believes the suggestion that the Company call off its permanent CEO search is counter-productive and not in the best interest of all shareholders and in regard to Hoak?s interest in the Company, transacting with Nova Compression, another company in which Hoak & Co. is invested, the Company?s Board and management always have, and always will, vet all M&A opportunities that arise, however, at the present time the most attractive returns on capital are in the expansion of Company?s high horsepower compressor rental fleet from current and projected orders, this will be funded from operating cash flows and the Company?s expanded bank facility.