Right Size Right People Right Rigs Right Markets Corporate Presentation June 2016
RIGHT SIZE Business has been right-sized to ensure profitability over the long haul at significantly depressed utilization levels RIGHT PEOPLE Ensigns Global Skill Standard (GSS) sets industry standard for competency based training…
Geographic Diversification Revenue Geographic Segmentation Canada 32% 29% United States International 39% Canada MENA 90% Drilling & Rig Services United States Kurdistan Completion & Libya 10% Production Services Oman…
Drilling & Rig Services North America 73 163 90 Marketed Drilling Rigs Horn River Montney Oil Sands 31 78 47 Cardium Bakken Directional Drilling Kits Utica 27 San Jonah Joaquin Niobrara 27 Basin Piceance Marcellus…
Drilling & Rig Services - International Substantial & growing international presence 50 Drilling Rigs rigs 60 50 40 30 MENA 20 Drilling rigs 13 2002 2016 VENEZUELA AUSTRALIA Drilling rigs 4 Drilling rigs 20 Workover…
Completion & Production Services 115 Servicing Rigs 44 71 Horn River Montney Oil Sands Cardium Bakken Utica 97 Niobrara Frac Flow Units San Jonah Joaquin Piceance Basin Granite Marcellus Wash Woodford 47 50 Monterey…
Solid Customer Base - Worldwide 30% 70% Worldwide Majors / NOC Mid Cap / Juniors As of March 31, 2016 TSX : ESI
Standardized Crew Training Worldwide Lower cost Higher efficiency Service Quality Delivery Superior Consistency Level of Worldwide Service TSX : ESI
ADR The Rig Type with More Walk with accuracy Depth Flexibility The ADR walks on both X + Y axis, for the best mobility and flexibility of any rig on the market 1000 HP Safety from the ground up The ADR is designed and built by…
Ability to Innovate & Apply Technology Speciality Rigs Drillers Cabin ASR Slant Self Moving Pad Rigs Well Service Rig Natural Gas ADR Controls Technology Off-line Stand Building TSX : ESI
Directional Drilling Services - the move to lower cost integrated services Full Service Provider In-house repair facilities Patented design mud motors Best in class MTBF Growing organic opportunity TSX : ESI
Advanced Performance Management (APM) Well Optimization teams based in US, Canada, and Australia Real time coordination with clients Reduced well costs Value added integrated service TSX : ESI
Safety Performance 8 M Manhours LTI Freq TRI Freq 25 7.09 7.13 7 20 6 5.57 Injury Frequency (200,000 man hours) 5 15 4.65 Man Hours 4.00 4 3.21 3.11 10 3 2.45 2.21 1.96 2 1.67 1.36 5 1.23 1.14 1.07 0.86…
Dividends per Common Share 0.60 16% Compound Annual Growth Rate 0.50 2011 0.3900 per share 2012 0.4250 per share 0.40 2013 0.4475 per share 2014 0.4725 per share 0.30 2015 0.4800 per share 0.20 Current Yield 6.3%…
Debt Metrics millions 4,500 Total Assets Net Debt Net Debt / Assets 25% 4,000 23% 3,500 3,000 21% 2,500 2,000 19% 1,500 1,000 17% 500 - 15% Q1 15 Q2 15 Q3 15 Q4 15 Q1 16 TSX : ESI
Strategically Positioned for the Future Right Rigs maintain high quality fleet and continue to manage fleet within the context of supporting Ensigns brand Right People retain our best people, maintain our employee base and continue…
Summary Why Ensign management aligned with shareholders (high level of ownership) consistent dividend history well positioned globally best positioned for opportunistic growth in 2016 low fixed cost/high variable cost business model…