Forward Looking CAUTIONARY STATEMENT Certain information contained in this presentation is forward-looking and involves risks and uncertainties that could significantly impact expected or prospective results. A discussion of risks…
Xtreme Overview A TECHNOLOGY FOCUSED LAND BASED DRILLING AND COILED TUBING SERVICES COMPANY XDR Drilling Services: High specification tier 1 XDR drilling rigs Operations focused in the Rocky Mountain region with focus in the…
2015 Corporate Strategy 1. Guide the business through significant decrease in activity by preserving liquidity, managing the cost structure and implementing a return based model for pricing and activity decisions. 2. Leverage…
Operations in the U.S., Canada, Saudi Arabia and India United States Bakken 4 Drilling Rigs Rigs by Region Saudi U.S. Canada India Arabia DJ Basin/Niobrara XDR 16 3 0 2 12 Drilling Rigs XSR 8 0 2 0 Total 24 3 2 2 1 H 2015…
Balance Sheet and Liquidity Committed to continue to decrease debt level through 2015 and 2016 Strong balance sheet and liquidity to navigate lower for longer environment 150 In millions of CAD 29.0% 140 130 8.0 11.0 27.0% 120…
XDC Investment Overview A NORTH AMERICAN TECHNOLOGY FOCUSED DRILLING AND COILED TUBING SERVICE COMPANY WITH INTERNATIONAL PRESENCE IN SAUDI ARABIA AND INDIA Net Debt / 2015 EBITDA: 1.6x vs. industry group Leading Edge Drilling and…
DRILLING SERVICES - XDR 11
Current US Drilling Market Update Previous Rig Cycles from Peak This has been the fastest US rig count decline in the past 20 years. The decline has been most significant in the oil directed rig count The current decrease in…
Drilling Segment Overview (9/1/15)- XDR XDR FLEET IS AMONG THE YOUNGEST AND MOST TECHNOLOGICALLY ADVANCED IN THE INDUSTRY RIG RIG TYPE STATUS LOCATION Average Age 4 years on entire fleet Rig 3 XDR 200 Idle Canada Rig 4 XDR 200 Idle…
2014 Footage Drilled by US Drilling Contractors 25,000 Top 20 Driller Performance per Rig - 2014 Highest Efficiency & Highest Performance per Rig 20,000 Xtreme Drilling & Coil Services Increasing Efficiency 15,000…
COILED TUBING SERVICES - XSR 15
XSR Opportunity and Overview HORIZONTAL WELL LATERALS ARE GETTING LONGER AND NOW ACCOUNT FOR MORE THAN 70% OF THE WELLS BEING DRILLED IN NORTH AMERICA The majority of the industrys coiled tubing units are at their limit and not…
XSR Differentiating Technology MILLING / DRILLING WITH PLC CONTROLLED VARIABLE FREQUENCY DRIVEN AC INJECTORS ELECTRONIC INJECTOR HEAD Superior system sensitivity & reaction time Real Time system monitoring, recording &…
XSR 200 Ultra-Deep CT Unit DEEPER AC Powered Injector, 200,000 lbs pulling capacity Up to 23,500ft x 2-5/8 Coiled Tubing Up to 50% (3,000ft) greater lateral reach over that of a typical 2 string FASTER System response & reaction…
International CT Operations INTERNATIONAL OPERATIONS OFFER UPSIDE POTENTIAL AND GEOGRAPHIC DIVERSIFICATION Saudi Arabia Two XSR 200 rigs currently operating for major international service company in Saudi Arabia Margins are…