Capital One Southcoast 6th Annual Energy Conference December 6, 2011
Services for Each Stage of the Field Life Cycle Drilling Field Development Production Decommissioning Seabed Evaluation / Pipeline, Flowline and Coiled Tubing, Wireline, Field Decommissioning Coring Umbilical Installation…
Business Segments Well Intervention Offshore Q4000 Production Facilities Seawell Helix Producer I Well Enhancer Helix Fast Response System Normand Clough (JV) Marco Polo TLP (50%) Mobile VDS/SILs Independence Hub Semi (20%)…
Strategically Differentiated Fleet Helix Producer I is the only DP FPU in the Gulf of Mexico Q4000 is the worlds only category B semisubmersible intervention vessel available to the open market Saturation diving deployed…
Well Intervention Assets MSV DP3 Well Enhancer MSV DP2 Normand Clough MSV DP2 Seawell MODU DP3 Q4000 Helix provides well operation and decommissioning services with the flagship Q4000 semisubmersible, the Seawell riserless…
Production Facilities Independence Hub Semi (20%) Location: Mississippi Canyon 920 Depth: 8,000 ft. Production capacity: 1 BCFD Marco Polo TLP (50%) Location: Green Canyon 608 Depth: 4,300 ft. Production capacity: 120,000…
Robotics The Helix ROV fleet consists of The state of the art I-Trencher The T-1200 jet trencher is 40+ vehicles, covering the system trenches, lays pipe up to 16 currently under construction (1H spectrum of deepwater in diameter,…
Subsea Construction Vessels DP Reel Lay Vessel Express Helixs dual-reel pipelay and subsea construction vessel has established an extensive track record of field installation projects around the world. DP Reel Lay Vessel…
Helix Fast Response System (HFRS) Utilizes vessels and subsea systems proven in Gulf of Mexico spill response and containment efforts Capability to capture and process up to 55,000 bpd in water depths to 10,000 feet at 15,000…
Offshore Renewable Energy Support Projected 2011 non-oilfield revenues of 54 million on power cable burial projects Provide trenching, cable burial and ROV support for offshore wind farm development Current focus on export lines…
Helix Oil and Gas 12/31/2010 Reserve Profile 376 Bcfe 55% Deepwater GOM 40% proved developed 40% Oil PV-10 1.3 billion Mid-October Average Production Profile 128 mmcfe/d* 70% of production is oil 65% of production is…
Debt Profile Credit Facilities, Commitments and Amortization December 2012 (Potential Put by Holders, Actual Maturity December 2025): 300 Million Convertible Notes Interest only until put by noteholders or called by Helix. First…
Debt Profile (continued) Credit Facilities, Commitments and Amortization January 2016: 475 Million Senior Unsecured Notes Interest only until maturity (January 2016) or called by Helix. First Helix call date is January 2012 (first call…
2011 Outlook 17
2011 Outlook 2011 Forecast 2011 Forecast Broad Metrics 2010 Actual (revised) (original) Oil and Gas 50 Bcfe 49 Bcfe 47 Bcfe Production EBITDAX 625+ million 475 million 430 million CAPEX 275 million 225 million 179 million…
2011 Outlook Contracting Services o Strong backlog for the Q4000, Well Enhancer and Seawell in 2011 and building well into 2012 o Well Enhancer to work in West Africa this winter o Intrepid deployed to California performing field…
2011 Outlook Capital Expenditures o Contracting Services (110 million) Continued incremental investment in robotics business, with a focus on adding trenching spread capacity Seeking to deploy capital in well intervention business…
Summary of Oct 2011 Dec 2013 Hedging Positions * Total Volume Pricing Swap Average Collar Price Oil (Bbls) Collars Swaps Hedged Basis Pricing Floor Ceiling 2011 106,000 490,000 596,000 WTI 82.62 95.00 124.59 2011 150,000 -…
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