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GLOBAL HUNTER 100 CONFERENCE – SaExploration

SaExploration · Jun 23, 2015 · 19 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 1
    NASDAQ: SAEX G LO B A L H U N T E R SECURITIES GHS 100 ENERGY CONFERENCE CHICAGO, IL
  2. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 2
    Corporate Profile Summary Ticker Symbol: Nasdaq: SAEX Stock Price (as of 6/15/15): 3.22 52-Week Range: 2.23 - 9.15 50-Day Avg. Volume (as of 6/15/15): 6,008 Total Shares Outstanding: 14,922,497 Market Capitalization: 48.1…
  3. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 3
    Company Overview Business Overview Global Footprint International logistics and geophysical services company founded in 2006 Provides vertically-integrated logistical support and exploration services to oil and gas industry Unique…
  4. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 4
    Key Investment Highlights FULL SERVICE Majority of revenue is earned through logistics-related activities performed in-house LOGISTICS PROVIDER Vertically-integrated model allows customers to work with one company instead of multiple…
  5. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 5
    Differentiated Business Model What We Do What We Do Not Do Work on a 100% fully funded and contracted basis Invest in or build multi-client libraries that are with dependable blue-chip customers dependent on future sales of speculative…
  6. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 6
    Full Service Logistics Provider On average, approximately 80% of SAEs revenues are earned through logistics-related activities performed in-house Camp Program Planning & Survey & Recording & Services & Drilling Design Permitting…
  7. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 7
    International Focus on Niche Markets NORTH AMERICA A stable and mature 3D market where wireless technology is the norm SOUTHEAST ASIA Tax incentives for exploration in Alaska are leading to increased activity Southeast Asia is…
  8. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 8
    Extensive Experience in Challenging Environments LOCATIONS TERRAIN KEY STATS RECENT SERVICES PROVIDED Recently completed a 6-month 2D & 3D project with nearly 2,000 BOLIVIA, Total 2D Seismic: 12,443 km management and staff and over 100…
  9. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 9
    Quality, Health, Safety & Environment (QHSE) Historical Lost-Time Injury Frequencies (LTIF) & Total Recordable Injury Rate (TRIR) SAE maintains an industry-leading quality, health, safety and environmental program Internal QHSE…
  10. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 10
    Blue Chip Customer Base Members of the management team have long-standing relationships extending over 30 years with many of the largest IOCs, NOCs and independents Most historical revenue generated through repeat customer sales and…
  11. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 11
    Diversified Level of Contracted Cash Flow Adjusted Historical Backlog (1)(2) Current Backlog and Bids Outstanding (2) 322.3 5% 291.9 5% 265.5 30% 30% 203.1 43% Backlog Bids O/S 171.1 176.7 150.4 122 million 581 million 122.1…
  12. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 12
    Financial Profile ( in millions) Total Revenue Gross Profit and Margins ex Depreciation (1) 71.4 73.6 386.8 70 30% 378.8 56.2 57.8 60 28% 257.4 50 25% 245.3 40 33.0 23% 180.8 24% 30 22% 20% 20 19% 18% 18% 18% 10 15% 0 13%…
  13. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 13
    Period Performance (1) ( in millions) Total Revenue Gross Profit ex Depr (2) - 9% + 9% Revenue decline was primarily the result of reduced activity in 87.7 South America 79.7 25.4 23.2 Gross profit, adjusted EBITDA and operating…
  14. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 14
    Capital Structure and Liquidity Revolving Credit Facility Capitalization and Liquidity Profile Closed 20 million senior secured revolving March 31, credit facility on November 6, 2014, provided ( in millions) 2014 2015 by Wells Fargo…
  15. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 15
    Strategic Direction Catalysts Near-term, ongoing contribution expected from Alaska, which should provide onshore and offshore activity year-round with seasonal ramp-ups during the winter windows on the North Slope, as evidenced by…
  16. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 16
    Contacts Investor Contact SAE Canada SAE Bolivia Ryan Abney 3333 8th Street SE, 3rd Floor Av. Iberica, Calle 3 Oeste No 11 Calgary, AB T2G 3A4 Barrio Las Palmas, Bolivia Vice President, Capital Markets O: (403) 776-1950 O: (591) 3…
  17. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 17
    Appendix
  18. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 18
    Executive Management Years Experience Mr. Hastings joined SAE in 2011 after his initial investment in the Company in 2008 Founded Fairweather Geophysical, which was the long-time leading provider of seismic services in Alaska before…
  19. GLOBAL HUNTER 100 CONFERENCE – SaExploration – slide 19
    Adjusted EBITDA Reconciliation Adjusted EBITDA Reconciliation UNAUDITED Year Ended December 31, Three Months Ended March 31, LTM ( in 000's) 2011 2012 2013 2014 2014 2015 3/31/2015 Net income (loss) 9,508 9,985 (21,006) (38,395) 1,484…

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