Jeffrey L. Chastain Vice President Investor Relations and Corporate Communications GHS 100 Energy Conference June 23, 2015
Company Overview Why is Noble Well-Positioned to Manage Through the Industry Challenges Premium Fleet Mix Strong Contract Cover Reduced Capex Requirements Solid Balance Sheet and Excellent Liquidity Highly-Skilled Management 3
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 Geography and Rig Type YTD March 31, 2015 Total Revenues 804 Million Revenues by Geography Revenues by Rig Type 6% 16% 41% 59% 11% 67% U.S. Outside U.S. 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,…
Financial Guidelines ( Millions) 75% of notes mature in 2019 or later 35% in 2040 or later Manageable sized maturities can be repaid with cash flow or revolver Weighted average coupon is 5.0% Recent 1.1 billion Senior…
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 11
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 13
What Differentiates Noble Composition of Backlog Timing of Newbuild Completions Unique Rig Designs Management Experience 15
What Differentiates Noble Composition of Backlog Timing of Newbuild Completions Unique Rig Designs Management Experience 16
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 17
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…