Fourth Quarter and Full Year 2018 Update + The Company expects total liquidity of approximately 74 million at December 31, 2018 with approximately 50 million in cash. This compares to total liquidity of 73 million and cash of 43…
Fourth Quarter and Full Year 2018 Update + The Company expects full year 2018 revenues to range between 516 million and 526 million as compared to full year 2017 revenues of 436 million, an expected increase of between 18% and 20%.…
2019 Operations Update + The Company anticipates first quarter 2019 consolidated revenues to increase in a range from 1% to 5% from the fourth quarter of 2018 due to resumption of activity in the second half of January and typical…
Company Overview 7
Key Service Offering Overview + Key offers a full suite of services across the life of a well providing for multiple touch points and an enhanced value proposition to customers Drilling Completion Production Intervention…
Service Line and Geographic Exposure + Production-driven services First Nine Months 2018 Revenue revenue comprises majority of revenue through September 30, 2018 12% 15% + Growth in coiled tubing and 24hr well service rig…
Rig Services Overview + Largest well service rig fleet in the U.S. First Nine Months 2018 Top Customers + Completion of newly-drilled horizontal and vertical wellbores + Recompletion of existing wellbores + Maintenance of producing…
Conventional and Unconventional Capabilities Total WellService Total Well ServiceRigRig Fleet Fleet - 879Class by AESC Rigs 41% 521 358 Rigs Rigs 59% Class I/II/III Class IV/V/VI Specification 1-3 4+ Derrick Height…
Fishing & Rental Service Overview First Nine Months 2018 Top Customers + Extensive array of rental equipment and services including: Tubular handling systems Drill pipe Work string and tubulars Pumps Sand-X system Blowout…
Fluid Management Services Overview First Nine Months 2018 Top Customers + Transportation of fluids used in the drilling and completion process + Transportation of frac flowback and produced water from completed or producing…
Water Demand Overview Frac Water Demand(1) + Significant growth in water 8.0 volume per completed well 7.0 Frac water demand up 60%... Billion Bbls of Water driving total fresh water and 6.0 flowback water demand 5.0 4.0…
Coiled Tubing Services Overview First Nine Months 2018 Top Customers + Completion of newly drilled horizontal wellbores pre and post hydraulic fracturing + Maintenance of producing wellbores + Plugging and abandonment of depleted…
Coiled Tubing Market Overview DUC Inventory by Market(1) + DUC inventory yields visibility for coiled tubing frac plug mill- 8,000 32% growth in DUC 7,000 well count in 2017 out opportunities 6,000 DUC Inventory 5,000 +…
Balance Sheet & Liquidity Balance Sheet & Liquidity As Reported + Significant liquidity ( in milions) 9/30/2018 position with no near- Cash & Cash Equivalents 43.3 term debt maturities provides financial Total Debt, including…
Final Thoughts + Well positioned for future growth through exposure to secular growth and cyclical recovery Completions driving demand for Coiled Tubing, Fluid Management and Rig Services Growing population of aging horizontal…
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