Disclaimer The information contained in this presentation is intended solely for your personal reference. In addition, such information contains projections and forward-looking statements that reflect the Companys current views…
1. Results Overview 2. Segments Review 3. Company Prospects
Unique Integrated Oilfield Services Provider Full Stage Exploration Development Production Integrated Drilling Well Services Marine Support Geo&Surveying Diversity Diversity By Regions By Customers By Services NOC…
Enhanced Standards and Competitiveness Enhanced Capabilities and Efficiency Multi-channels to enhance capacity No. of Rigs Utilization rate of Rigs 40 95.6% 35 93.2% 10 2 Optimize fleet, maintain high utilization rates 8 27…
Revenue Breakdown Domestic increased 21% International increased 29% (in RMB million) 18,466 15,226 (67%) (69%) 8,898 6,879 (33%) (31%) Domestic Revenue International Revenue 7
International Market CDE ranked No.1 by Statoil in a Equipment Tackled large sections of salt-gypsum + comprehensive review of 13 contractors technology operations in Missan COSLPioneer named rig of the month New technologies…
Deepwater Business Marine Drilling Support China: HYSY981&NH8 operated Deepwater ATHS vessels steadily while NH9 commenced operated steadily operation in Oct Purchased 2 deepwater PSV Europe: three 2,500FT semis to commence…
QHSE and Charity Safety and Risk Mitigation Charity Safety drills to improve emergency magt Active in Hope school, social donations relief Strengthened risk assessment, identification of aids, and other social welfare activities…
Recognitions from the Capital Markets Included in the Hang Seng A-Shares Corporate Sustainability Indexes Best Management of Investor 2013 Fortune China 500 Relations as a Listed Company Top 100 Listed Corporate Brand in…
1. Results Overview 2. Segments Review 3. Company Prospects
Capacity of the Four Segments Drilling Well Marine Geo& Services Support Surveying 40 drilling rigs Logging, drilling 69 self-owned 7 seismic vessels fluids, directional vessels (38 streamers) (30 JUs+10 Semis) drilling,…
Financial Performances of the Four 24% 53% 75% Revenue Operating 9% 12% Profit 6% 11% 10% Drilling Well Services Marine Support Geo&Surveying Drilling Well Services Marine Support Geo&Surveying 30.3% RMB million 55.2% RMB…
Drilling Expanded fleet. More high-spec rigs. Higher daily income and utilization rate. Rig Allocation: 23 in China, 15 in international, 2 in towing. Driver 1: More rigs to meet demand Driver 2: Efficient allocation of resources…
Well Services Working Volume Driven by Synergies, Income up by 33% Driven by new capacities of KT2, NH7, NH8 and NH9 in domestic market Higher Revenue from Unconventional Businesses and Deep waters Application of…
Marine Support Commissioned construction of 15 vessels to meet E&P demand in China Reasonable allocation of external resources 5 self-owned vessels retired, 2 acquired vessels commenced operations, achieved 23,916 operating…
Geophysical and Surveying Scientifically schedule fleet. Operation in SEA in winter. Geophysical: Adjusted with clients operation arrangements Surveying: Explored new market, developed new business model 2D collection volume up…
1. Results Overview 2. Segments Review 3. Company Prospects
Revenue and CAPEX in 2014 10% 27.4 in RMB billion 2013 2014E Revenue to grow no less than 10% y-o-y Total operation cost and expense will see increases, profit margin remain stable CAPEX: RMB7-8 billion Note: The…
Solid Growth Backlog for the Four Segments 17% 25% CNOOC 65% 2014 48% 2015 Intl clients Pending signing 35% 10% (including CNOOC) Maintain High Utilization Rate; Well Services Enjoys Synergies Stable Average Daily…
Solid Growth Revenue Growth by Region Revenue Growth by Segment Revenue Growth from Deepwater 40% 80% 50% 50% 60% 20% Domestic International Drilling Well Services Conventional waters Deep waters Domestic24 rigs…
Optimize Fleet Structure to High Spec1 Charter Purchase Build HYSY981 NH8 COSLProspector NH7 NH9 15 Utility Vessels KANTAN II COSLGift HYSY943/944 COSLHunter Utility vessels HYSY982 Deepwater PSV XX2 HYSY721 XX2 Two 300-feet…
Confirmed Newly-Added Capacities 2013 2014 2015 COSLPromoter /NH7 KT2 NH9 COSLGift Drilling COSLHunter COSL7 COSLProspector HYSY943/HYSY944 Expected to commence operation in 1H16 2*300-ft Jack-ups1 Expected to commence…
Optimize Fleet Structure Providing More Choices for Clients Rig Amount 10 8 9 7 4 3 4 1 Working Depth:…
Growth for Well Services Output Enhancement in Mature Fields Participate in low porosity and permeability technologies; strengthen offshore fracturing Explore technique using in extra-heavy oil Proprietary Technology Backing…
Growth Drivers Domestic Scalable Intl Growth Expansion Optimizing More Application Fleet Structure of Self-owned Technologies Deepwater Unconventional Growth Expansion 27
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