THE GLOBAL LEADER IN GEOPHYSICAL LOGISTICS Cowen & Company 3rd Annual Ultimate Energy Conference New York, NY December 2013 NASDAQ: SAEX
Company Overview Founded in 2006 in Peru History and Rapid organic growth through international expansion and customer retention Experience Deep industry knowledge with 85+ years of combined executive experience Went public in June…
Full Service Logistics Provider On average, approximately 80% of SAEs revenues are earned through high-margin logistics-related activities performed in-house Camp Program Planning & Survey & Line Recording & Services & Drilling…
International Leverage North America NAM is a mature 3D market Southeast Asia Significant market share in Tremendous shallow-water Alaska with major operations marine opportunities in Cook Inlet and North Slope Recently completed…
Market Opportunity Projected 2013 Global E&P Capex Historical E&P Capex vs. Production 644 billion 16-19 billion Market Market 12% Data Library Sales Exploration 16% 8% Data Processing Geophysics < 4% 3-5% Land Equipment…
Strategic Positioning 2013 Global E&P Spending by Region 2013 Est. E&P Spend = 644 billion YE 2012 Global Proved Oil Reserves SAE strategically targets specific markets based on logistical complexity and client relationships…
Strength In Backlog Historical Backlog (1) Current Backlog and Bids Outstanding (1) Current Contracted Backlog = 272 million Backlog Bids O/S 272 million 331 million Backlog Realization Expectations (1) Certain projects in…
Capital Expenditures Capital Expenditures 2-year capex program to increase return on equipment and lower rental expense During 2011 and 2012, SAE invested over 65 million in new equipment, transforming its equipment profile…
Financial Summary Revenue and Gross Margin (1) Modified EBITDA and Margins 2012 revenues included significant third-party fees, Balance Sheet Summary where SAE only nets a small management concession 9/30/2013 12/31/2012…
Positive Progress Expect to return to profitability in Q4 2013 Expectations Multiple avenues for continued organic growth market share growth + seismic market growth Ability to increase margins by capturing additional efficiencies,…
Building Blocks of Success Reduce customer exploration risks through outstanding QHSE performance and community relations Attract and retain top-tier management and crew-level personnel Continue expansion into logistically…
Contacts Ryan Abney Devin Sullivan Vice President, Capital Markets & IR Senior Vice President O: 281-258-4409 O: (212) 836-9608 C: 832-606-4117 dsullivanequityny.com rabneysaexploration.com NASDAQ: SAEX 13
Appendix
Executive Management Years Experience President and owner of Fairweather Geophysical, which successfully maintained significant market share of Alaskan seismic market during each year of operation Following the acquisition of…
EBITDA Reconciliation For the fiscal year ending Three months ended Nine months ended December 31, September 30, September 30, ( in thousands) 2012 2011 2010 2013 2012 2013 2012 Net (Loss) Income 9,985 9,508 5,821 (29,696) 2,482…
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