Estrella International Energy Services Ltd. Energy Services Ltd Corporate Update October , 2011 , TSX V: EEN V TSXV: EEN.V
Disclaimer: Privileged Information This presentation may contain information concerning Estrella of a material nature that has not been generally disclosed. This information is being provided to you in the necessary course of the…
Latin American OFS company, growing consistently since 200 operating in 6 co ntries ith since 2005 operating in 6 countries with 950 employees TSX:EEN.V Latin America based bilingual and bi cultural management Operate at the…
Contents Our services and who we are Why South America and why services Overview and investment highlights Capitalization Expansion success Fi Financial Results and Immediate Term Goals i l R lt d I di t T G l Ser Mejor, Hacer…
Diversified Service Offering Drilling and Workover Rigs 350 1500 HP modern rig fleet Modern, portable, self erecting rigs (no cranes required) Automation No external anchor lines High efficiency, low emission engines Tools…
World Class O.F.S. Team Management Title Experience W Warren Levy L Ch i Chairman & CEO & CEO 15 years of global OFS experience f l b l OFS i SLB Christian Bauwens CFO 18 years of corporate finance / CM experience…
STS1 250 HP Workover Idle Rig Fleet STS2 STS3 STS4 440 HP 350 HP 375 HP Workover Workover Workover On Contract On Contract On Contract Colombia STS5 375 HP Workover On Contract STS6 350 HP Workover On Contract STS7…
Directional Drilling Barranca Alliance Agreement with SDI supplies Gyro / MWD and LWD Estrella operates directional services in region Latin America Wide Exclusivity Punta Arenas Directional and Service Bases i i l d…
Engineering Services Barranca Ge O Oil & eothermall Mining M S Solution Country Gas Argentina Chile Peru Colombia Canada Kenya Punta Arenas Current and Past Projects d j . Size = relative…
Capabilities and Experience Oil & Gas Current presence in six Latin American markets Multiple service offering and integrated project ready Proven ability to grow around the region Globally experienced team, all resident in the…
Current Market Demand P liti l E Political i t Environment Investment Environment Success of Exploration Political Environment Offshore focus Resource Potential Environmental Permits Political Perception Export Demands…
Stable Growing Rig Market 3000 Global Ex LatAm Oth L.A. 2500 Venezuela** 2000 Peru Mexico Source: Baker Hughess 1500 Ecuador* Colombia 1000 Chile 500 Brazil Bolivia 0 1/98 1/99 1/00 1/01 1/02 1/03 1/04 1/05…
The Geothermal Market Global Production Base US, Indonesia, Philippines, Mexico, New Zealand, Italy, Kenya, Central America 10 7 GW of installed capacity 10.7 Steady growth for the last 30+ years Sustainable Growth Each 40 MW…
Diversified Market Presence Only active rig and directional player in the rapidly growing Geothermal Market / / / / g / Central America / Mexico / Colombia / Peru / Argentina / Bolivia all with active projects Estrela Rig 1201…
Geothermal Challenges Extreme snow and wind conditions required massive modifications difi ti t to rig operations. 16
Case Study Full Service Capabilities Rio Tinto / Vale Ri Ti / V l Potash Development P h D l Mendoza Province, Argentina M d P i A i Estrella got involved in late 2005 Initial work to evaluate feasibility of a directionally…
Loyal Customer Base Long term, sustained customer relations Many of our new country entries have been facilitated by existing customers Buenos Aires continues to be a hub for regional oil companies YEAR Customers 1 MM in Revenue…
YTD 2011 Results Highlights and Focus Areas
Highlights The 5 Pillars Client Negotiated Extension on 8 key Environment contracts (4 rigs, 3 services, 1 Waste classification and consulting) separation at all rig sites Directly negotiated all Directly negotiated all p y…
Key Milestones 3 Acqusitions Acquisitions March 2010 acquired single rig operating entity in Chile from partner November 2010 acquired STS de los Andes Colombia based 5 rig company Existing contracts with Ecopetrol and Occidental…
YTD Financial Performance Estrella booked Q2 record revenues, up 75% from same quarter in Estrella booked Q2 record revenues up 75% from same quarter in 2010 Closed Quarter with strong cash balance of 20 Million USD Operating…
A History of Growth 3 Year CAGR of 90% (pre consolidation of new Colombian entities) Revenue Growth 70.0 60.0 50.0 nes Revenues USD Million Other 40.0 Bolivia Colombia 30.0 Peru Chile Argentina 20.0 10.0…
Ownership Stable Management with strong alignment with investor base 15 million share position (management, board, F&F) escrowed against price performance (vesting at 4 million at 1 30, 6 million at 1 40 and 5 price performance…
Priorities for 2012 Successful Integration of Petroland and Zigma Continue to rationalize rigs (sell non suitable rigs, and add high quality upgrades and new rigs ex: Z3/5 vs STS6/7) Improve pricing on Ecopetrol contracts…
Why Estrella Close to our customers and our communities We live where we work We develop our international experience and our home grown talent Unrivaled experience in remote and nonstandard projects 6 years of sustained growth,…
Estrella International Energy Services Ltd. Warren Levy Christian Bauwens Chairman & CEO CFO wlevyestrellasp.com cbauwensestrellasp.com Phone: +5411 5217 5250 Fax: +5411 5217 5280 www estrellasp com www.estrellasp.com 27
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