Skip to main content Annual and Special Shareholder Meeting – Western Energy Services Corp. Investor Presentation | Shale Experts
Loading...
Pm

Annual and Special Shareholder Meeting – Western Energy Services Corp.

Western Energy Services Corp. · May 7, 2015 · 11 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. Annual and Special Shareholder Meeting – Western Energy Services Corp. – slide 1
    Annual and Special Shareholder Meeting May 7, 2015
  2. Annual and Special Shareholder Meeting – Western Energy Services Corp. – slide 2
    Strength in our Numbers EBITDA Total Revenue (000's) (000's) 176,777 507,832 379,943 117,423 108,931 308,617 99,324 262,519 16,504 56,009 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 3
  3. Annual and Special Shareholder Meeting – Western Energy Services Corp. – slide 3
    Financial Highlights First Quarter Year Ended December 31 Financial Highlights (Thousands CDN) 2015 2014 % Change 2014 2013 % Change Operating Revenue 100,958 149,627 (33%) 474,120 353,124 34% Gross Margin 47,891 67,629 (29%) 207,231…
  4. Annual and Special Shareholder Meeting – Western Energy Services Corp. – slide 4
    Balance Sheet Overview Consolidated Balance Sheet ('000s) March 31, 2015 December 31, 2014 Cash and other current assets 135,570 158,823 Property and equipment 841,576 827,306 Goodwill and other 71,999 70,989 Total assets 1,049,145…
  5. Annual and Special Shareholder Meeting – Western Energy Services Corp. – slide 5
    2015 Budgeted Capital Expenditures 42 Million Consolidated Capital Spending Consolidated Capital Spending Expansion vs. Maintenance By Entity Stoneham Drilling 5% Aero Rental Services 12% Eagle Well Servicing Expansion…
  6. Annual and Special Shareholder Meeting – Western Energy Services Corp. – slide 6
    Western Today 7
  7. Annual and Special Shareholder Meeting – Western Energy Services Corp. – slide 7
    Accomplishments Since Last AGM Launched 2 Telescopic double Duvernay class rigs Commissioned 8th slant well servicing rig Achieved a number of record wells in our U.S. drilling division Improved safety performance Implemented…
  8. Annual and Special Shareholder Meeting – Western Energy Services Corp. – slide 8
    Geographic Diversity Drives Strong Customer Base 123 Total Rigs 9
  9. Annual and Special Shareholder Meeting – Western Energy Services Corp. – slide 9
    Drilling Rig Fleet Classification Westerns Rig Fleet by Class Canadian Industry Rigs by Class* Duvernay Duvernay 131, 13, 18% 23% Cardium 25, 44% Montney 127, Cardium 17% 469, 65% Montney 19, 33% * Source: Public…
  10. Annual and Special Shareholder Meeting – Western Energy Services Corp. – slide 10
    Strategic Initiatives Stay financially flexible with a well structured balance sheet Remain focused on cost control Continue to offer a quarterly dividend Respond to strategic initiatives across all divisions Ensure safe and efficient…
  11. Annual and Special Shareholder Meeting – Western Energy Services Corp. – slide 11
    12

From the store

Browse maps, data & reports in the Shale Experts store