PETERS & CO. LIMITED 2011 NORTH AMERICAN OIL & GAS CONFERENCE September 13-15, 2011 Toronto, Ontario TSX Listing : TCW Trican Well Service Ltd. 2900, 645 - 7th Avenue SW Calgary, Alberta T2P 4G8 Tel: (403) 266-0202 Fax:…
FORWARD LOOKING STATEMENTS This document contains statements that constitute forward-looking statements within the meaning of applicable securities legislation. These forward-looking statements include, among others, the Companys…
OVERVIEW OF TRICAN Large, world-wide, full service pressure pumping company REVENUE BY GEOGRAPHY Major operating areas International* Canada 15% Canada USA 52% Russia and International Recently entered Australian market…
STRENGTHS FULL SERVICES Service Line % of Revenue Fracturing 77.1% Cementing 11.4% Coiled Tubing 4.2% Nitrogen 3.8% Acidizing & Specialty 2.2% Chemicals Industrial & Pipeline 0.9% Services Geological Services 0.3% 4
COMPETITIVE ADVANTAGES Customer-focused provider of technical solutions Separate ourselves with technology Product development is a quick, customer-focused process Strong regional technical teams that understand the local…
TECHNOLOGY IN TIGHT OIL PLAYS
TIGHT OIL TECHNOLOGY Tight Oil plays, in general, require a higher level of technology Technology varies by play Large variation in geology from shales to tight sandstones to tight carbonates More difficult for oil to flow from…
TIGHT OIL TECHNOLOGY High technology fracturing fluids Nitrogen foams CO2 emulsions Gelled hydrocarbons Crosslinked waters Acid on carbonates Higher level of engineering SRVmaxTM Reservoir modelling Less brute force and…
TRICAN TECHNOLOGY Trican focuses on separating itself with technology SRVmaxTM Integrated technical solution Combines geology, microseismic, frac modelling and reservoir modelling Want to assist customer in choosing…
TRICAN TECHNOLOGY BPS - Burst Port System Patented tool technology for multi-zone fracturing Replaces perforating Lowers cost and saves time Limited to coiled tubing fracturing applications Very effective in medium depth oil…
IMPACT OF TIGHT OIL ON TRICAN
TIGHT OIL GROWTH Effect on Trican Significant growth in fracturing, coiled tubing Large capital investment Increase in technology plays to our strengths Reduces impact of gas price volatility Balances revenue stream…
CANADA GROWTH - 2011 2011 Capital Program - 215 M 129 Million expansion capital Canadian HP Growth 62,500 HP additional frac 450,000 capacity 4 crews 400,000 5 Cementing units 350,000 Acidizing and Nitrogen 300,000…
USA GROWTH - 2011 US HP Growth 800,000 700,000 2011 Capex: 360 Million 600,000 500,000 296 Million expansion capital 400,000 300,000 200,000 Fracturing capacity after 2011 100,000 build: 570,000 HP 5 crews 0 2007…
LONG TERM IMPACT Significant growth in North America for many years extends the life of the Western Canadian basin and many US fields Technology being looked at in many areas of the world Russia - completed horizontal…
PETERS & CO. LIMITED 2011 NORTH AMERICAN OIL & GAS CONFERENCE September 13-15, 2011 Toronto, Ontario TSX Listing : TCW Trican Well Service Ltd. 2900, 645 - 7th Avenue SW Calgary, Alberta T2P 4G8 Tel: (403) 266-0202 Fax:…