Skip to main content February 2016 Investor Presentation – Seventy Seven Energy Inc. | Shale Experts
Loading...
Pm

February 2016 Investor Presentation – Seventy Seven Energy Inc.

Seventy Seven Energy Inc. · Feb 29, 2016 · 22 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. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 1
    INVESTOR PRESENTATION FEBRUARY 2016
  2. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 2
    COMPANY HIGHLIGHTS Large integrated footprint in some of the best returning basins and Experienced and skilled management team close proximity to customers Experience working for highly regarded oilfield services Based in Oklahoma…
  3. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 3
    WELL POSITIONED FOR CURRENT INDUSTRY TRENDS Current Industry Trend SSE Positioning Full scale development plans of large shale Large, integrated footprint in 7 active basins resources (existing and Shale development expertise…
  4. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 4
    AREAS OF OPERATIONS Oklahoma City Headquarters Significant footprint in many of the most economical plays, including Eagle Ford and Niobrara Shales As of 12/31/2015 6
  5. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 5
    CUSTOMER DIVERSIFICATION STRATEGY Continue strengthening current customer relationships and focus on Selected Customers winning other non-CHK business Nomac revenue from other operators averaged 39% in Q4 2015 Performance…
  6. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 6
    HISTORICAL U.S. RIG CYCLES COMPARISON 110% Historical Recent U.S. Rig Cycles - Peak to Trough Analysis 1997-99 2001-02 2008-09 2014-15 90% Peak 1,293 70% Trough 738 Rigs (555) Rigs % -43% Peak 1,032 Trough 488 Rigs…
  7. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 7
    US RIG COUNT: NOMAC VS. PEERS WITH 20 ACTIVE RIGS AND HIGHER IN D U STR Y ACTIVE R IG S VS N OMAC R IG S 10% % CH AN G E : B ASE LIN E 11/ 28/ 14 0% -10% -20% -30% Noma c Contracted Rigs -40% -50% -60% -70% Noma c…
  8. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 8
    BACKLOG AND SERVICE CONTRACT SUMMARY As of December 31, 2015, our contractual backlog was approximately Contracted Revenues by Business Segment 639mm, 6% of which was related to contracts with operators other than CHK Backlog…
  9. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 9
    BUSINESS SEGMENTS SNAPSHOT Q4 2015 REVENUE ADJ EBITDA ADJ EBITDA 2016 BUSINESS DESCRIPTION mm mm Margin % OUTLOOK DRIVERS Drilling Provides land drilling services, including 89.6 48.3 54% Four additional contracted directional…
  10. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 10
    NOMAC DRILLING CURRENT FLEET 50 CONTRACTED RIGS (24 Active) UTICA SHALE OPERATING ACROSS 14 UNCONVENTIONAL PLAYS POWDER RIVER AND DJ BASINS 3 MARCELLUS SHALE 1 ANADARKO BASIN HAYNESVILLE SHALE 13 7 PERMIAN BASIN EAGLE…
  11. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 11
    NOMAC RIG FLEET COMPARED TO PEERS Working to convert fleet to meet long- US Land Rig Fleet Mix December 2015 term drilling needs of all customers 90% 60% 56% 50% 46% 36% 32% 21% 10% Currently 94% of our Tier 1 rigs and 70% of our…
  12. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 12
    EVOLUTION OF OUR FLEET Improving tier mix contributes to higher operating margin Based on contracted newbuilds, we expect to own 95 rigs by YE 2016 with 40% Tier 1 rigs Number of Rigs - Year End Operating Margin 160 50% 45%…
  13. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 13
    PERFORMANCE TECHNOLOGIES OPERATIONS OVERVIEW Provides high-pressure hydraulic fracturing Estimated US Horsepower by Capacity '000s HHP services HAL + BHI 3,679 FTS International 1,646 Eleven hydraulic fracturing fleets with an…
  14. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 14
    PERFORMANCE TECHNOLOGIES OPERATING AREAS UTICA SHALE 3 SPREADS ANADARKO BASIN 4 SPREADS EAGLE FORD SHALE 4 SPREADS Access to three strategically positioned sand storage and transload facilities in Oklahoma, Texas, and Ohio…
  15. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 15
    HYDRAULIC FRACTURING SUPPLY CHAIN INTEGRATION Access to three strategically positioned trans load facilities located in: Oklahoma, South Texas, and Ohio. Dedicated sand storage of 80 million and 30 million at the South Texas and…
  16. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 16
    GREAT PLAINS OILFIELD RENTAL OVERVIEW Great Plains provides premium rental tools and specialized services for land-based oil and natural gas drilling, completion and workover activities Tool Rental Downhole tubular products…
  17. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 17
    GREAT PLAINS SERVICE LINES SSE has established and is executing a plan to build out the Great Plains organization to increase utilization The percentage of revenue generated from non-CHK sources increased from 19% in the 2014 full…
  18. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 18
    MATURITY AND DEBT SERVICE SCHEDULES Maturity Schedule 275 94 650 450 374 1 1 1 1 1 4 4 4 4 4 2016 2017 2018 2019 2020 2021 2022 3.750% 3.750% 6.500% 6.625% 10.000% Term Loan Tranche A Incremental Term Loan Sr. Notes…
  19. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 19
    APPENDIX: RECONCILIATION OF CONSOLIDATED NET INCOME (LOSS) TO ADJUSTED EBITDA Three Months Ended Years Ended December 31, September 30, December 31, 2015 2014 2015 2015 2014 (in thousands) Net loss (60,590) (9,362) (48,530) (221,391)…
  20. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 20
    APPENDIX: RECONCILIATION OF DRILLING NET INCOME (LOSS) TO ADJUSTED EBITDA Three Months Ended Years Ended December 31, September 30, December 31, 2015 2014 2015 2015 2014 (in thousands) Net (loss) income (15,547) 27,200 (6,392)…
  21. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 21
    APPENDIX: RECONCILIATION OF HYDRAULIC FRACTURING NET INCOME (LOSS) TO ADJUSTED EBITDA Three Months Ended Years Ended December 31, September 30, December 31, 2015 2014 2015 2015 2014 (in thousands) Net (loss) income (15,222) 3,495…
  22. February 2016 Investor Presentation – Seventy Seven Energy Inc. – slide 22
    APPENDIX: RECONCILIATION OF OILFIELD RENTALS NET INCOME (LOSS) TO ADJUSTED EBITDA Three Months Ended Years Ended December 31, September 30, December 31, 2015 2014 2015 2015 2014 (in thousands) Net (loss) income (7,852) 776 (7,365)…

From the store

Browse maps, data & reports in the Shale Experts store