Investor Presentation First Quarter ended March 31, 2014
Forward-Looking Statements The information provided in this presentation contains forward-looking statements and information which reflect the current view of North American Energy Partners with respect to future events and financial…
Company Overview Mining Founded in 1953 TSX and NYSE listings: NOA Current share price: 7.99 (USD) 52 week high/low: 8.10/3.57 Market capitalization: 289 million Shares outstanding: 34.9 million Average daily share volume:…
Restructuring Initiatives Pipeline Divestiture (2012) 16.3 million of proceeds 15.4 million applied to term B facility 30 million working capital recovery Fleet Rationalization (2012/2013) 46.8 million in capital leases refinanced…
Shareholder Friendly Highlights Share Purchase Program In October, announced the intention to purchase 1,800,000 common shares for cancellation, this represented 5% of the issued and outstanding shares. In December, completed the…
HC&M Five Year Financial History 6
Stronger, Better Focused NAEP is now a pure-play heavy construction and mining (HC&M) focused contractor Simplified business can better target productivity and cost efficiencies Efficient, productive equipment fleet Improved…
First On, Last Off Project Development Phase (3-4 years) Ongoing Operations Phase (30-40 years) Initial mine site development, project site Overburden removal, mine infrastructure development, development, airstrips, piping…
Significant Heavy Construction & Mining Contractor in the Oil Sands Expertise 30+ years in Northern Albertas harsh operating environment Knowledge to come up with best solutions for customers Broad Service Offering Unique suite of…
Strategic Focus Pursue operational excellence in safety, productivity, customer satisfaction Continued strengthening of balance sheet Debt reduction, fleet rationalization and cash-flow improvement Grow revenue from activity on…
Outlook for Revenue Growth Increase in activity on existing mine sites as owners grow production Ramp up at Kearl under new five-year agreement Continued support of production efforts at Horizon, Base Mine, Millennium and Steepbank…
Active with Every Oil Sands Client Key Customer Contracts Mine not yet sanctioned SUNCOR FORT CANADIAN HILLS Site prep work is ongoing NATURAL EXXON HORIZON KEARL TOTAL SHELL/ALBIAN 4-year master services agreement JOSLYN…
Potential Production Expansion on Oil Sands Mine Sites Key Customer Production and Expansion SUNCOR FORT Joslyn mine expected: 100,000 bbl/d HILLS CANADIAN NATURAL EXXON HORIZON KEARL TOTAL JOSLYN SHELL/ALBIAN JACKPINE AND…
THANK YOU 14
APPENDIX 15
Piling Asset Sale Payment Terms 1. 227.5 million cash paid at closing (less approximately 5.8 million in outstanding capital lease obligations, plus or minus customary working capital adjustments). In addition, we may receive up to 92.5…
HC&M Heavy Equipment Fleet 17
HC&M Heavy Equipment Fleet Heavy Equipment Fleet Category Own Lease Rental Total SHOVELS 4 2 0 6 EXCAVATORS (100T) 11 3 0 14 EXCAVATORS…
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