Enercom The Oil & Gas Conference - Denver (Nasdaq: ESES)
Investment Highlights Technology-driven, oilfield services company building a business in fast-growing, higher-margin international shale regions 80% of shale reserves located outside North America with just 20% of global pressure…
Technology-Driven, Emerging Growth Platform Capitalize on emerging market developments and sentiment for Eco-Friendly unconventional solutions Emerging growth, technology-driven independent oilfield service company providing: Well…
Seasoned Leadership Team with Highly Relevant Experience Relevant Experience Bjarte Bruheim 30+ years international management experience Chairman and Founder J. Chris Boswell President, CEO and 28 years experience in the…
Track Record of Consistent Success Building Profitable Energy Service Platforms Co-founded by Bjarte Bruheim in Developed in 1995 by Bjarte Bruheim, Deepwater exploration venture initially Bjarte Bruheim named Executive 1991; served…
Leading Equity Sponsors with Extensive Oilfield and Emerging Markets Expertise Experienced energy investors dominate the founding In July 2014, the Company received 30 shareholder group million in private financing from Bjarte Bruheim…
Eco-Stims recipe for a successful international shale play Approximately 75% of global shale resources lie outside the United States Key Ingredients For Successful Shale Plays Top 10 Countries with Technically Recoverable Shale Gas…
Argentinas Vaca Muerta is one of two successful international shale developments Of those nations with significant shale resources, Argentina is well-positioned to attract significant new investment in unconventional development…
Investments, rig count and number of operators are all increasing E&P Companies Operating in Argentina Argentina is one of Latin Americas fastest-growing oil and gas exploration markets: 20 new shale drilling rigs moved to…
Strong Demand, High Imports, Lack of Dollars, Big Resource and New President Argentina has pressing need for increased production: Argentinas Dry Natural Gas Production & Consumption 1990-2013 Energy deficit driven by underinvestment…
Commodity Prices in Argentina are set by the Government WTI Oil Price August 2015 = 45/barrel Average Argentina Basket Oil Price for Q2 2015 = 69/barrel Henry Hub Natural Gas Price in March 2015 = 2.80/mcf YPFs Disclosed Average…
Barriers to Entry and Lack of Sufficient Stimulation Equipment Drive Pricing Power 600,000 - 750,000 Barriers to Entry: (depending350,000 on service provided) Importation of new stimulation equipment has been limited Any new…
Actual Eagle Ford VS Predicted Vaca Muerta - Drilling Rigs and Stimulation Fleets 300 265 250 220 200 150 160 Eagle Ford play in Texas - 4 rigs & 1 Frac 100 crew operating in 2008 87 75 50 50 4 0 1 2008 2010 2012 2014 %…
Argentina Market Segmentation ESES expanding to all three market segments Argentina Well Stimulation Market 35% Unconventional 33% 29% Conventional Other 32% 4% Tight Gas Eco-Stim Capex from the proceeds of the July…
Impact of Fleet Additions on Hydraulic Horsepower Illustrative Per Fleet Fully Deployed HHP Build Up Through Projected Fleet Additions 90,000 79,000 80,000 70,000 27,000 60,000 52,000 50,000 Hydraulic Horsepower…
Multiple Benefits of TPUs Multiple benefits over conventional diesel-powered well stimulation equipment Comparison of Physical Footprint Multi-Fuel Designed to run on field gas, LNG, CNG, Diesel or bi-fuel Capabilities No loss in…
Illustrative Market Economics for New Argentina Equipment Illustrative Run-Rate Field Level Cash Flow for Comparable Equipment* Conventional & Tight Gas Unconventional Fleet Coiled Tubing Unit Pumping Fleets Stages per Month…
According to Welling & Co, the primary reason for poor performing shale wells is the lack of subsurface understanding 19
Due to low understanding of the subsurface & currently low oil prices, 80% of unconventional wells are uneconomic 80% not economic to produce 20% are good wells Source: IHS 20
Once subsurface is understood, sweet spots can be located. Note that almost 90% of all production comes from a few wells Hogs and Large wells account for almost 90% of new production Source: IHS 21
Technology Platform to Identify Sweet Spots and Ground Truth Eco-Stim conducts its horizontal stimulation services within a systematic methodology Leverages fiber-optic technology and predictive modeling (how many stages dont actually…
Example of Sweet Spot Prediction Mud logs on this horizontal well show flare markers that confirm predictive fracture maps Using proprietary technology for accurate well placement and stimulation stage planning + Maps produced in…
Confirmation of Producing Zones.. (It is generally accepted in the industry that only one of three stages actually produce) Derived from Fiber Optic Acoustic Signatures 9 8 7 6 5 4 3 2 1 TIME Gas Production from zone 6 Gas…
Once confidence is built in predictive techniques, substantial cost savings can be achieved Reduction in Stimulation Zones Cost Comparison (Millions) Jobs executed with 30 zones stimulated Conventional 2.1 5.3 1.6 million…
In new shale plays, technology advances can accelerate learning curve and focus efforts in high probability regions Well Drilled in Eagle Ford Best producing areas Early Maps Of Eagle Ford to Identify Sweet Spots within Eagle Ford…
Eagle Ford Hogs after years of Drilling; Clearly certain areas produce better than other areas; formation is not homogeneous 27
LCav.e-6 EcoStim Field Management System (Example Upper from Permian Resistivity Basin) Zone Real-Time Fiber-Optic Data Proprietary Geo-Predict Results Recorded on Vertical Appraisal Well Show Correlation w/ Best Zones with 18…
SM searches out reoccurrence of key attributes Upper Resistivity Zone Production GeoPredict to provide guidance as to Sweet Spots in new shale plays All Wells-Acoustic Impedance Attributes observed in monitored zones can be…
EcoStim Capital Efficiency Description Amount Total Capital Secured Since Inception 75 million Total HHP Deployed When Current Capacity 80,000 HHP Is Fully Operational Average Cost Per HHP Deployed 940 Average Cost Per HHP For…
Pro Forma Balance Sheet Pro Forma Pro Forma Balance Sheet June 30, 2015 Adjustments June 30, 2015 (Unaudited) (Unaudited) (Unaudited) Assets Cash and cash equivalents 3,593,271 27,373,591 A 30,966,862 Other current assets…
Investment Highlights Technology-driven, oilfield services company with the goal of building a business in fast-growing, higher-margin international shale regions 80% of shale reserves located outside North America with just 20% of…
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