1Q16 Earnings Presentation April 26, 2016 Presented by: Anthony G. Petrello Chairman, President, & Chief Executive Officer William J. Restrepo Chief Financial Officer
Current Debt and Liquidity High 4Q15 1Q16 Change Change (MM's) 3/31/2012 12/31/2015 3/31/2016 1Q16 to 4Q15 1Q16 from High Total Debt 4,750 3,662 3,590 (72) (1,160) Cash and ST Investments 494 275 222 (53) (272) Net Debt 4,256 3,387…
1Q16 Rig Utilization & Availability Average Rig Fleet(1) 1Q16 Rig Years Utilization U.S. Lower 48 AC 175 51 29% Legacy 47 3 6% U.S. Lower 48 Total 222 54 24% U.S. Offshore 17 6 35% Alaska 16 5 30% Canada 54 13 23%…
3/31/16 U.S. Rig Utilization Power Type and Capacity Pad Not Pad Total Total Walking Skidding Capable Capable Rigs % Working Total Util. Working Total Util. Total Working Total Util. Util. AC 38* 124 31% 3** 18 17% 29% 2 33…
3/31/16 International Working Rigs Algeria 10 Congo 0 Kazakhstan 2 Oman 5 Angola 1 Ecuador 1 Kurdistan 0 PNG 1 Argentina 20 India 2 Kuwait 2 Russia 4 Bahrain 1 Iraq 0 Malaysia 1 Saudi 42 Colombia 8 Italy 1 Mexico 3 Venezuela 5…