Barclays CEO Energy/Power Conference 2015 September 9, 2015 OUR LIFES WORK IS THE LIFE OF THE WELLTM NYSE: BAS
Proven Growth Strategy TM Our Lifes Work is the Life of the Well Basic Energy Services supports its customers well site activities from cradle to grave Diversified service offering poised for future growth opportunities The…
Our Lifes Work is the Life of the WellTM Every Well is a Potential Life-Long Customer Production Basics Strategy for Success 1. Rate of Returns Driven 2. Proven Management with Ability to Weather Cycles 3. Diversified Service…
Diversified Oil Service Company Completion and Remedial Services Fluid Services 46% of revenue 26% of revenue Contract Drilling 4% of revenue Well Servicing 24% of revenue Revenue percentages are for the last twelve…
Extensive Footprint in Prolific Basins Significant Exposure to Major Oil and Gas Markets 75% Revenue Exposure to Oil and Liquids Activity Appalachia BAKKEN 190,000+ Gross Wells (10% oil) California APPALACHIA 50,000+ Gross Wells…
How We Manage Through Cycles Invest in new equipment Expand into new markets Maximize utilization to increase market share Develop new service offerings Upcycle Match Capex to cash flow Downcycle Maximize utilization to…
Specialized Completion & Remedial Services Focused on Markets Traditionally Underserved by Larger Competitors Revenue Support drilling, workover and production 250 processes 200 Pumping services for cementing, acidizing,…
Fluid Services Basics Integrated Fluid Service Business Anchored by Expansive SWD Network Revenue Transportation and disposal of salt water 120 produced as a by-product of oil and gas 100 production Sale, transportation, storage and…
Fluid Service Truck Hours/ of SWD Wells 255,000 90 Number of Salt Water Disposal Wells 235,000 85 215,000 80 Truck Hours 195,000 75 175,000 70 155,000 65 135,000 60 115,000 55 Jan09 Jan10 Jan11 Jan12 Jan13…
Well Servicing Well Servicing Rigs Facilitate Down Hole Activity Revenue Service Work - routine maintenance of down- 120 hole equipment to return well to production 100 Workover - periodic major maintenance and 80 renovation to…
Contract Drilling 12 Rig Fleet Customized to the Permian Basin Market Area Revenue Fleet of 12 drilling rigs in the Permian Basin 18 One 16 pre-set casing rig 14 12 Two Millions 10 1,200HP SCR 8 rigs 6 4 Six 2 Three…
Cycle-Tested Balance Sheet That Funds Growth Disciplined Approach to Capital Deployment Debt Maturity Distribution Debt Ratios at June 30, 2015 Callable on or after Adjusted EBITDA / Interest Expense 3.1 x 500 2/15/2015 Total Debt /…
Significant Growth through Acquisitions of Deals 120; Aggregate Spend 1.2 B Platinum Pressure Services Maverick Companies Azurite 25 20 JetStar 91 260 3 5 Sledge 4 Drilling 50 110 7 G & L Tool Co. 253 8 2 4 6 First…
Back to Basics Diversified service offerings for Providing a safe work environment is a top both vertical and horizontal activity priority Returns driven through the cycles Modern fleet matched to market needs Operating in basins…
Explanatory Information Adjusted EBITDA means earnings before interest, taxes, depreciation, amortization., gain or loss of disposal of assets and any non-recurring items. Adjusted EBITDA is used as an supplemental financial measure by…