Forward-Looking Statements Some matters discussed in this presentation may be considered to be forward- looking statements. Such statements include declarations regarding managements intent, belief or current expectations. Prospective…
Market Data: PHX As of April 10, 2012 Exchange Toronto Stock Exchange Shares Outstanding 28.2 million Share Price (Close) 9.74 52 Week High / Low 12.80 / 8.29 Current Dividends per Unit 0.06/month or 0.72/year Insiders Position…
2011: Financial Highlights (Stated in thousands of dollars except per unit amounts, percentages and operating days) Three-Months Ended Dec 31, Year Ended Dec 31, 2011 2010 % Chg 2011 2010 % Chg Operating Results (unaudited)…
Pure Play Horizontal & Directional Drilling Service Provider 1995 End of 2011 2 Pulse MWD systems 191 PHX developed pulse & EM MWD systems 10 down hole performance 800 down hole performance drilling motors drilling motors 15…
Strength in Diversified Operations Canada Gas 7% International Oil Russia 93% Canada Oil US 100% Albania US Consolidated Oil Gas 43% 57% Gas Colombia 23% Peru Oil 77% PHX activity Q1 2012 based on wells drilled
Strategic Focus: US Growth Increase market share in the US
Positioned in Key Plays PHX Energy Resource Play Horn River Montney Red Earth Kaybob Duvernay Swan Hill Cardium Viking Bakken Utica Piceance & Jonah Niobrara Marcellus Lower Huron Mid-Continent Barnett Permian…
Strategic Focus: International Growth Increase profitability in all international operations
Strategic Focus: Margins Initiatives to optimize margins and implement cost reduction strategies to reach EBITDA that represents 25% of revenue. 31-Dec-10 30-Sep-11 1-Jan-12 31-Dec-12
Targets To Achieve Over 500 million in revenue Among top 5 horizontal and directional service providers Revenue Split Canada 40% US 40% International 20% EBITDA margin equal to 25% of revenue Increase dividends to shareholders