Morgan Stanley Summer Houston Energy Summit September 27, 2013
Who We Are Helix is a specialty deepwater service provider to the offshore energy industry, focused on expanding our subsea infrastructure services in Well Intervention and Robotics. 3
Deepwater Subsea Services Well Intervention: Entering a wellbore to initiate, enhance, restore or decommission production as part of the wells natural life cycle. Robotics: Providing remotely operated vehicles (ROVs) to perform…
Well Intervention 5
Well Intervention Overview 6
Well Intervention Current Asset Base Intervention Riser Systems (IRS) Well Enhancer Q4000 Skandi Constructor Seawell Subsea Intervention (chartered vessel) Lubricators (SIL) 7
Future Well Intervention Growth Helix 534 Q5000 In Service Q4 2013 In Service 1H 2015 Intervention Riser Systems 8
Global Subsea Well Inventory Growth Total Cumulative Subsea Wells Installed Worldwide since 1990 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 - Source: Infield Systems, Offshore Energy Database 9
What Sets Helix Apart in Well Intervention The Helix fleet pioneered modern deepwater well intervention techniques MSV Seawell, the industrys first dedicated monohull light well intervention vessel MODU Q4000, the industrys first…
Robotics 11 11
Robotics Overview Helix provides ROVs and crews to perform subsea tasks, including: Umbilical and flowline trenching services Geotechnical coring Comprehensive workclass ROV services Dynamically positioned ROV support vessels…
Robotics Assets 50 Work-class ROVs: 4 Trenchers: 2 ROVDrills: The backbone of the fleet, The key to pipeline Provide seabed capable of performing a installation in heavily- composition broad array of subsea trafficked waters…
Chartered Vessel Fleet Olympic Canyon Olympic Triton Deep Cygnus Grand Canyon Rem Installer 14
Chartered Vessel Fleet Currently five vessels under long-term charter Two additional vessels scheduled to enter fleet over the next 2 years Grand Canyon II 2014 Grand Canyon III 2015 The above vessels are a combination of fleet…
Future Robotics Growth Newbuild chartered vessels optimized for renewable energy markets, as well as oil & gas markets Additional work-class ROVs for current and emerging markets Trenchers for burial operations worldwide ROVDrill…
What Sets Helix Apart in Robotics Helix charters its ROV support vessels, ensuring a modern fleet that can expand and contract based on regional requirements A fleet of advanced vehicles, including several units custom-built to our…
Production Facilities 18 18
Production Facilities Independence Hub Semi (20%) Location: Mississippi Canyon (GOM) Partner: Enterprise Products Operator: Anadarko Marco Polo TLP (50%) Location: Green Canyon (GOM) Partner: Enterprise Products Operator:…
2013 Outlook 20 20
2013 Outlook ( in millions) 2013 2012 Outlook Actual Revenues (on-going operations) 833 654 (A) EBITDA 300 601 EBITDA - Total 2013 Exit Rate (B) 350 -- (B) CAPEX 365 492 Revenue Split: Well Intervention 440 379 Robotics 356 329…
2013 Outlook Contracting Services Backlog as of June 30, 2013 was approximately 1.8 billion Utilization expected to remain strong for the well intervention fleet o Q4000 backlog thru 2015; on-going negotiations to extend contracted…
2013 Outlook - Capex Capital Expenditures Contracting Services (approximately 365 million in 2013) o 59 million incurred in Q2, 121 million year-to-date o Q5000 new build (approximately 135 million in 2013) On schedule for delivery…
Debt Maturity Profile Total funded debt of 603 million at end of Q2 2013 Maturity Profile at 7/22/2013 ( amounts in millions) (Pro forma retirement of senior notes): 200 500 200 million Convertible Senior Notes 3.25% (A) (171 million…
Follow Helix ESG on Twitter: www.twitter.com/Helix_ESG Join the discussion on LinkedIn: www.linkedin.com/company/helix 27
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