UBS Global Oil and Gas Conference May 20, 2015 This document contains confidential and proprietary information which is the property of Franks International. None of the information contained herein may be disclosed, reproduced,…
Company Overview Over 4,500 employees in 60 countries on 6 continents This document contains confidential and proprietary information which is the property of Franks International. None of the information contained herein may be…
Investment Highlights Leveraged to deep, complex wells primarily offshore with blue-chip customer base U.S. Offshore Strong free cash flow in excess of International capital investment needs Offshore International U.S.…
Recent Management Changes Gary Luquette: President and CEO in January 2015 FI board member since November 2013; remains on board of supervisory directors 35 years industry experience with Chevron Jeffrey Bird: EVP and CFO in…
Customer Value Proposition Reduced Safer Increased Rig Time Operations Well Integrity Extended Range Handling Tools Remote Tong System Fluid Grip Tong This document contains confidential and proprietary information which is the…
Technology Focused Total Patents: 267 Remote Powertong Cassette Package 122 U.S. Issued 145 Foreign Issued 2014 U.S. Patents & Filings 14 new patents issued 28 new patents filed Working to design for the rig of the future…
Timco Services Acquisition Timco & FI Southern Division Overview Timco has six services facilities; headquartered in Lafayette, LA Limited overlap in geographic areas with some consolidation opportunities Acquisition fills in…
Deepwater Focus Areas Western Europe Middle East/Mediterranean Gulf of Mexico Asia West Africa Latin America East Africa Australasia This document contains confidential and proprietary information which is the…
Deepwater Capex to grow to 50B by 2019 Global Deepwater Capex Spending 60 Majority of deepwater 50 7% CAGR Capex focused on Africa and Americas 40 Expenditure (B) Continued investment in 30 Brazil 20 Substantial…
Oil Prices Stabilizing Crude Oil Price Outlook Dollars per barrel 120 110 100 90 80 70 60 50 40 Jan 2014 Jul 2014 Jan 2015 Jul 2015 Jan 2016 Jul 2016 WTI Brent Source: U.S Energy Information Administration,…
Supply/Demand Outlook World Production and Consumption Million barrels per day 100 95 90 1/1/2014 7/1/2014 1/1/2015 7/1/2015 1/1/2016 7/1/2016 Supply Demand This document contains confidential and proprietary information…
Proud History of Delivering Results 75+ year history focused on providing well construction services to E&P companies around the world This document contains confidential and proprietary information which is the property of…
Questions This document contains confidential and proprietary information which is the property of Franks International. None of the information contained herein may be disclosed, reproduced, distributed or used without prior…
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