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SIDOTI AND MICROCAP CONFERENCE – Enservco Corp

Enservco Corp · Jun 7, 2013 · 20 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. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 1
  2. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 2
    Symbol OTCQB: ENSV 52-week range 0.30 - 1.36 Recent price (5/6/13) 1.00 Avg. volume (3 mo.) 55,578 Shares outstanding 32.2 million Market capitalization 32.2 million Warrants 5.5 million Options 3.1 million Public float 11.6 million…
  3. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 3
    Leading provider of well stimulation and fluid management services to domestic onshore oil and gas industry, and only national provider of hot oiling and frac heating services Seasoned management team Operations in six of nations most…
  4. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 4
    Mike Herman - Chairman and Chief Executive Officer Owns 51% of ENSV common stock Began career in family oil and gas business More than 30 years of experience as investor and operator of E&P and oilfield services companies Built…
  5. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 5
    Bob Devers Chief Financial Officer Joined Company in 2013 with more than 20 years of financial management experience Broad industry background includes oil and gas and natural resource sectors Spent 2007 - 2011 as CFO of mineral…
  6. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 6
    Q1 brings all-time quarterly highs for revenue, operating income, net income and adjusted EBITDA Frac heating capacity increased by 50% since start of Q4 2012 2013 Strategic relationship entered with Warrior LLC in North Dakotas…
  7. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 7
    2013 2012 * From continuing operations, Unaudited
  8. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 8
    Heat Waves Hot Oil Service Dillco Fluid Service 80% of 2012 consolidated revenue 20% of 2012 consolidated revenue Primary services: Primary services: Frac heating Fluid hauling Hot oiling Fluid disposal Acidizing Frac tank…
  9. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 9
    Hot Oiling The circulation of heated oil or similar fluids down a well bore, where the fluid dissolves and dislodges paraffin and other hydrocarbon deposits. Related services involve the heating of oil storage tanks, which eliminates…
  10. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 10
    Equipment Inventory Equipment ROI Heating equipment 50 Equipment Cost to Annual Revenue Construct Poten6al Frac heaters, Hot oilers Frac Heaters Double Burners (8) 350,000 1,300,000 - 1,500,000 Water haulers 75 Bobtail (1 burner)…
  11. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 11
    North Dakota 5 Wyoming Pennsylvania 7 6 Colorado 2 1 Kansas 4 3 ENSERVCO Loca6ons Colorado North Dakota 1. Denver 5. Killdeer Headquarters Bakken Shale 2.…
  12. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 12
    45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 - 2009/10 2010/11 2011/12 2012/13 Hugoton/Miss. Lime Uintah Marcellus/UIca Bakken DJ - Niobrara Other in millions
  13. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 13
    Industry consists primarily of small mom and pop and regionally focused service providers Significant supply/demand imbalance has resulted from E&P industrys fast growth Many service providers operating aging equipment with limited…
  14. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 14
  15. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 15
    ENSERVCO is well positioned in a very active domestic energy environment: U.S. oil output growth in 2013 expected to be fastest on record* Domestic production expected to rise 25% between 2013 and 2014* Growth largely attributable to…
  16. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 16
    Capitalize on supply/demand imbalance in recently entered basins Expand service territory into additional domestic oil & gas basins Leverage MSAs to capture new business as E&Ps narrow their vendor lists Pursue acquisition…
  17. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 17
    in thousands 2010 2011 2012* Q1 2012* Q1 2013* Revenue 17,820 23,904 31,498 9,528 18,567 % growth 25% 34% 32% 3% 95% Gross prot 4,279 6,076 8,211 2,949 8,166 % margin 24% 25% 26% 31% 44% Opera6ng income (loss) (1,756) (1,628)…
  18. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 18
    in thousands March 31, December 31, 2013 2012 Cash & Accts. Rec. 14,224 8,325 Current assets 15,919 9,554 Total assets 30,853 25,857 Working capital 7,412 1,556 LT debt 11,517 11,043 Total liabiliIes 20,024 19,041 Total…
  19. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 19
    Leadership position in important segment of energy services sector Energy industrys only nationwide provider of comprehensive fluid heating solutions Proven, entrepreneurial management team focused on enhancing shareholder value…
  20. SIDOTI AND MICROCAP CONFERENCE – Enservco Corp – slide 20
    Contacts: Rick Kasch Bob Devers Geoff High Derek Gradwell President Chief Financial Officer Principal SVP Natural Resources ENSERVCO Corporation ENSERVCO Corporation Pfeiffer High Investor Relations MZ North America 303-333-3678…

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