Geographic Diversification 2014 Revenue Geographic Segmentation 27% 29% Canada United States 44% International Canada United States Kurdistan 90% Drilling & Rig Services Libya Completion & Oman 10% Production Services…
Quick to React reduced worldwide G&A by 30% build program reduced all discretionary spending cut strong balance sheet geographically diverse fit for market fleet Poised for the future
Historical Summary Use of Funds 125 964 Capex 655 Acquisitions 950 3,787 Dividends Interest Cash Tax millions, as of December 31, 2014
Drilling & Rig Services North America 187 97 90 Drilling Rigs Horn River 31 78 Montney Oil Sands 47 Cardium Directional Drilling Kits Bakken Utica 26 San Jonah Joaquin Niobrara 26 Basin Piceance Granite Marcellus…
Drilling & Rig Services - International Substantial & Growing International Presence 56 Drilling Rigs MENA Drilling rigs 15 VENEZUELA Drilling rigs 7 Workover rigs 1 NEW ZEALAND AUSTRALIA Workover rigs 1 ARGENTINA Drilling…
Completion & Production Services 119 Servicing Rigs 47 72 Horn River Montney Oil Sands Cardium Bakken Utica 96 Niobrara Frac Flow Units San Jonah Joaquin Piceance Basin Granite Marcellus 46 Wash Woodford 50 Monterey…
Drilling Rigs by Tier 200 80% 180 70% 160 60% 140 50% 120 100 40% 80 30% 60 20% 40 10% 20 0 0% 2009 2010 2011 2012 2013 2014 2015 ADR Type Seasonal Fleet Tier 1 percentage As of April 2015
Solid Customer Base - Worldwide 30% 70% Worldwide Majors / NOC Mid Cap / Juniors
Standardized Crew Training Worldwide As a service provider we must have a competitive value proposition that differentiates us in the marketplace and internal programs in place to support it. Service Quality Delivery Superior…
Ability to Innovate & Apply Technology Speciality Rigs Drillers Cabin ASR Slant Self Moving Pad Rigs Well Service Rig Natural Gas ADR Controls Intelligence Off-line Stand Building
ADR 1500S The Rig with More Walk with accuracy The ADR 1500S walks on both X + Y axes, for the best mobility and flexibility of any rig on the market Safety from the ground up The ADR 1500S is designed and built by Ensign, a…
Directional Drilling Services Full Service Provider In-house repair facilities Patented design mud motors Best in class MTBF Growing organic opportunity DD Operations Ensign Rigs Operating
Well Performance Optimization Well Optimization teams based in US and Canada Real time coordination with clients Reduced well costs Value added integrated service
Safety Awareness 10 M Manhours LTI Freq TRI Freq 25 9.09 9 8 20 7.09 7.13 7 Injury Frequency (200,000 man hours) 6 5.57 15 Man Hours 5 4.65 4.00 4 10 3.21 3.11 3 2.45 2.21 1.96 2 1.67 1.55 5 1.46 1.36 1.23…
Dividends per Common Share 0.50 16% Compound Annual Growth Rate 0.45 0.40 2010 0.3575 per share 0.35 2011 0.3900 per share 2012 0.4250 per share 0.30 2013 0.4475 per share 0.25 2014 0.4725 per share 0.20 0.15 Current Yield 4%…
Debt Metrics 2,500 millions, December 31 1.8 1.6 2,000 1.4 1.2 1,500 1.0 0.8 1,000 0.6 0.4 500 0.2 0 0.0 2010 2011 2012 2013 2014 1Q '15 Net Debt (Short Term Debt + Long Term Debt - Cash) Equity Net Debt / Equity Net…
Revenue - EBITDA 2500 millions, 12 months ended December 31 2000 1500 1000 500 0 2011 2012 2013 2014 2015e Revenue EBITDA (adjusted) EPS 1 1.39 1.42 0.84 0.47 0.08 0.40 1 Estimate based on range of analysts…
Future Growth Strategy Taking a Bigger Piece of the Pie Expand ADR fleet worldwide Expand integrated rig directional drilling value proposition Expand market presence in every current market Dove-tail complementary services Earn a…
Summary Why Ensign Consistent dividend history Well positioned globally Conservative balance sheet ADR fleet worldwide ensures high utilization
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