Wilson HTM Investor Presentation 12 November 2013 Jim Sturgess
1. Titan overview (ASX:TTN) Titan is an energy and infrastructure services group focused on the growing Queensland CSG industry Titan will continue to examine opportunities to grow/diversify organically and through acquisition The…
2. Corporate snapshot Financial summary Our Board Listing Price (7 December 2011) 1.00 Shaun Scott (Chairman) Share price (close price 6 November 2013) 3.36 Jim Sturgess (MD) Dividends announced during FY13 5.5 cps Jim Diakos (ED)…
3. Titan history Acquired Atlas Drilling Resources Nektar founded Camp Hire commenced 2007 2011 Mar 12 Jun 12 Sep 12 Dec 12 Mar 13 Jun 13 Sep 13 Titan Energy Acquisition Services of Hofco & listed on 18m ASX capital…
4. Titan strategy Leverage Growth Capitalise on significant expenditure in the RCH room growth as demand dictates CSG-LNG industry over next 20+ years; and Nektar to target permanent camps and Extensive CSG-LNG industry knowledge and…
5. Queensland CSG well profile Current wells 1,000 per annum Wells forecast to peak in 2016 at 1,900 (1) Ongoing number of wells expected to be 1,300 per annum (1) (1) Well numbers based on 8 LNG trains WHTM Investor…
6. Growth opportunities not just Qld or CSG Multi-layered opportunities 2,000 1,800 NSW 1,600 WA 1,400 Number of Wells 1,200 SA - Cooper Basin 1,000 800 Northern Territory 600 QLD - Infrastructure & Mining 400…
7. FY13 highlights Titan Energy Services EBIT (Am) 14.5 a) EBIT of 14.5m A 272% increase on pcp and above market guidance b) NPAT of 9.3m 3.9 A 296% increase on previous corresponding 2.6 2.6 1.8 period (pcp) c) Earnings per share…
8. FY13 business highlights Atlas Record EBIT of 4.2m up 50% on pcp RCH Number of Rooms Available 186% increase Deployment of fourth Rig (1+1) 800 Rig utilisation 91% 700 674 572 600 RCH 500 496 Record EBIT of 9.0m, up 221% on…
9. Operational update RCH Nektar New 200 room contract with major producer 200 room permanent camp has commenced (6+6) operations Term sheet signed for 600 room permanent Room capacity increased 220 rooms in FY14 to camp (subject to…
10. Outlook Guidance FY14 earnings guidance of between 21 - 23m EBIT 45-59% increase on FY13 of 14.5m H1 FY14 earnings guidance of between 9.0 -9.5m EBIT Titan Energy Services EBIT (Am) 25 115% improvement on FY13 of 4.3m Guidance…