TETRA Technologies, Inc. NYSE: TTI Avg. Shares Outstanding for the quarter ended 6/30/12: 77.3 million (1) Market Capitalization : 506.3 million* (1) Enterprise Value : 769.4 million* 3-Month Average Daily Trading Volume as of…
TETRA is a growth-oriented, safety-conscious international oil and gas service company Focused on delivering above average returns on invested capital Involved in: Completion Services Production (Fluids segment) Enhancement…
Be the preferred supplier of well completion, well testing, compression-based production enhancement, and decommissioning services operating onshore and offshore in the major producing regions of the world Well Completion Fluids…
Invest in high growth markets 163 million of acquisitions in Production Testing Compressco IPO to fund growth Fluids capacity additions Offshore heavy-lift capacity enhancement International growth Repositioning assets to North…
Acquired Optima Solutions Holdings in March 2012 for GBP 41.2 million (approximately 65.0 million equivalent) Based in the UK and Australia, Optima has provided rig cooling services in more than 40 countries since 1999 Optima…
Acquired Eastern Reservoir Services (ERS) in May 2012 from Patterson-UTI Energy, Inc., for 42.5 million in cash ERS is a leading provider of frac flow back services to oil and gas operators in the Appalachian and Rocky Mountain…
Closed acquisition of substantially all of the assets and business of Greywolf Production Systems on July 31, for 55.5 million Greywolf is a well testing and flow back company headquartered near Calgary, Alberta, with Canadian…
In addition, these acquisitions have expanded the breadth of services we can provide to our customers Prior Production Testing Production Testing Today flow back well testing flow back well testing well clean-up & evaluation well…
Fleet of more than 3,600 mobile wellhead compression units Average utilization was 79.7% during 2Q 2012 Increased from 75.8% during 2Q 2011 Our units can typically increase production by more than 120 Mcf/day and extend a wells…
High value fluids franchise effectively competing against SLB, HAL & BHI A low-cost provider of high-end CBFs to GOM and selected other markets Control manufacturing chain Long-term bromine supply agreement Positioned to capture…
Capital investment in proprietary technology to provide complete, cost effective services that manage the entire lifecycle of frac water Extensive experience in unconventional oil and gas shale plays, including the Barnett,…
Extensive suite of decommissioning and abandonment capabilities A leading provider of mid-to-late-life well services in the GOM Integrated suite of services Heavy lift, well P&A, diving and cutting Regular demand due to normal…
Newly built derrick barge, 1,600 metric ton capacity fully revolving crane 394 feet in length, 118 feet in width, accommodations for 300 personnel Commenced work in the GOM during 4Q 2011 Complements Offshore Services segments…
Fluids, Testing & Compressco Revenue(1) 2011 2010 US 79% 70% Non US 21% 30% 100% 100% Corporate Headquarters Operations Offices (1) Essentially all Offshore Services revenues were US. 15
Since 12/31/2010, we have sold essentially all of Maritechs proved reserves Maritechs decommissioning liabilities have been reduced from 266 million as of Dec. 31, 2010 to 106.0 million as of June 30, 2012 The remaining…
Excluding Maritech, 2Q 2012 consolidated revenues increased by 32 million, or 16%, over 2Q 2011 Optima and ERS acquisitions are performing consistent with expectations, while international activity continues to grow Compressco…
(thousands, except per share amounts) Market Capitalization: TTI (in thousands) Market price per share on 8/8/2012 6.56 Compressco Partners Average number of shares outstanding Distributable Cash Flow Six Months Ended for 6 months…
Contacts: Stuart M. Brightman, President & Chief Executive Officer Elijio V. Serrano, Sr. Vice President & Chief Financial Officer 281/367-1983 Fax: 281/364-4346 www.tetratec.com 19
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