David W. Williams Chairman, President and CEO UBS Global Oil and Gas Conference May 20, 2015
Company Overview A Position of Leadership in Offshore Drilling Premium Fleet Mix Strong Contract Cover Excellent Visibility Highly-Skilled Marketing & Operations Staff Capex Spending in Decline Solid Balance Sheet and Excellent…
Company Overview Premium Fleet Mix Entered Contract UDW Floater Additions Service End Noble Danny Adkins 2009 Jun 2015 Noble Jim Day 2010 Jan 2016 Noble Clyde Boudreaux 2007 Nov 2015 Noble Dave Beard 2008 Apr 2016 Noble Bully I…
Company Overview Premium Fleet Mix High-Spec Jackup Additions Entered Contract Service End Noble Roger Lewis 2007 Mar 2017 Noble Scott Marks 2009 Jul 2017 Noble Hans Deul 2009 Aug 2016 JU-2000E Noble Mick OBrien 2013…
Company Overview Global Drilling Presence with Established Deep and Shallow Water Experience Global Fleet Composition 8 Semisubmersibles 15 Jackups including Corporate Headquarters - UK 1 under construction 9 Drillships U.S.…
Company Overview Revenues Diversified by Region and Rig Type YTD March 31, 2015 Total Revenues 804 Million Revenues by Region Revenues by Rig Type 6% 13% 16% 21% 59% 11% 67% 7% Gulf Coast Brazil Ultra-Deepwater…
Company Overview Diverse Base of Quality Customers Three Months Ended 3-31-15 Revenue Split by Top Customers Customer 51% 1. Shell 33% 2. Freeport-McMoRan 16% 3. Saudi Aramco 4. Anadarko Source: Noble as of March…
Company Overview Backlog Provides Excellent Visibility Backlog At March 31, 2015: 9.4 Billion Backlog by Client Estimated Annual Contribution Other 4 9.1% Anadarko 4.4% 3 Statoil 6.7% 2.4 2.3 2.2 2 1.5 Saudi Aramco…
Company Overview Strong Contract Coverage Percentage of Available Operating Days Floating Rigs 2015 78% Committed 2016 58% Committed Jackup Rigs 2015 77% Committed 2016 62% Committed Source: Noble as of March 31,…
2015 Focus Strong Execution Limit Fleet Downtime Continuous Safety Improvement Manage Costs Maximize Return on Available Capacity 11
Financial Guidelines ( Millions) 600 500 500 500 450 75% of notes 400 400 400 400 400 mature in 2019 400 or later 350 35% in 2040 or 300 300 300 later 250 Manageable 202 sized maturities 200 can be repaid with cash flow…
Financial Guidelines Medium-term financial guidelines support the strengthening of liquidity and maintaining investment grade rating Target Debt/Capitalization of between 35% and 40% Capitalization 1.1 billion of Senior notes sold…
What Differentiates Noble Composition of Backlog Timing of Newbuild Completions Unique Rig Designs Management Experience 14
Facts Regarding the Noble Backlog Approximately 60% with Shell 7 UDW floaters, 1 Arctic-class drillship, 1 high-spec jackup Concluded negotiations with Saudi Aramco 5 jackups No exposure to PEMEX IOC exposure Cancellation for…
What Differentiates Noble Composition of Backlog Timing of Newbuild Completions Unique Rig Designs Management Experience 16
What Differentiates Noble Composition of Backlog Timing of Newbuild Completions Unique Rig Designs Management Experience 18
What Differentiates Noble Composition of Backlog Timing of Newbuild Completions Unique Rig Designs Management Experience 19
What Does Industry Leadership Look Like The Right Assets Excellent Visibility Solid Operations Execution Strong Balance Sheet and Access to Liquidity Experienced Management Flexible Cash Allocation Strategy 20
Noble Corporation plc Devonshire House 1 Mayfair Place London W1J 8AJ England www.noblecorp.com Investor contacts: Jeffrey L. Chastain Vice President Investor Relations 281-276-6383 John S. Breed Director Investor Relations…
Loading...
