Dahlman Rose & Co. Energy Conference November 30, 2011 Dick Alario Ch i Chairman, President P id t andd Chi Chieff E Executive ti Offi Officer Marshall Dodson Vice President Treasurer
Business Overview Rig Services Intervention Services Heavy Workover Wellbore Cleanout FY 2010 3Q 2011 Horizontal Well Completions Revenue % Of Revenue % Of Multi-stage Frac Plug Milling Re-completions (In millions) Total (In millions)…
1,100 1,300 1,500 1,700 1,900 2,100 2,300 500 700 900 Jan03 U.S. Market Mar03 May03 Jul03 Sep03 Nov03 Jan04 Mar04 May04 g Jul04 Sep04 Nov04 of Active Rigs Jan05 % Drilling Oil Wells Mar05…
Drilling and Completion Related Services 90 Completion Related 80 Drilling Related 70 60 Billions 50 40 30 20 Source: Spears & Associates, Inc. 10 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010…
Keys Global Presence Is Growing Well Servicing, Work over, Drilling and Completion Reservoir Engineering Well Servicing, g, Work over, Drilling and Completion Fluid Management Coiled Tubing Fishing & Rental Well…
Rig Services Largest onshore, rig-based well servicing contractor with 787 rigs in the U.S. Key is further growing its fleet of larger completion, l ti workover k and d hi higher h capability bilit wellll servicing rigs.…
Fluid Management Services Growth in horizontal well completions is driving higher demand for: drilling fluid, completion fluid, and fresh water for frac fluids, fluid transportation to and from well sites, on-site frac tank rental…
Intervention Services Coiled Tubing Secular growth trend the value of coiled tubing continues to increase: Historical uses Primarily remedial work on vertical wells such as wellbore washouts and acid placements. Services…
Fishing & Rental Services Horizontal wellbore designs are driving higher demand for premium, high-torque drill pipe. More complex completions and customer f focus on safety f t is i driving d i i hi higher h d demand d ffor…
Edge Oilfield Services Edge primarily rents frac stack equipment used to support hydraulic fracturing operations and the associated flow back of f frac fluids, fl id proppants, t drilling d illi and d completion fluids, and…
Horizontal Well Secular Trends The trend toward horizontal well completions is growing with nearly 60% of U.S. drilling rigs active with horizontal wellbores. Horizontal wells typically require: 2 - 5 times overall service intensity…
Financial Strength To Execute Growth Strategy 30, 2011 (1) Balance Sheet - As of September 30 In millions, millions except for percentage Cash 19.3 Net Property and Equipment 1,114.2 Total Debt 746.6 Total Equity 1,175.4 Net…
Corporate Strategy Leverage our industry-leading culture of safety, training and job execution for expansion into higher-end markets and international growth. Invest in higher capability assets and trained personnel to increase our…
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