Enercom The Oil & Gas Conference 21 August 16, 2016 www.icdrilling.com
Corporate Snapshot Sectors most technologically advanced land drilling rigs Current Operational Footprint Fleet composed of thirteen 200 Series ShaleDriller rigs and one 100 Oklahoma Series ShaleDriller rig Arkansas New Mexico…
Key Differentiators Driving ICDs Compelling Value Proposition ICD is a leader in the rig replacement cycle pad-optimal rigs are critical in the progression of the U.S. unconventional drilling evolution With industry leading fleet…
Dissecting the New Land Drilling Industry As E&P operators continue the shift towards a wellbore Land Drilling Industry AC Rig Fleet (1) manufacturing model, the focus will be on the rigs that 750 Rigs consistently eliminate…
Pad-Optimal Rig Characteristics - As Defined by E&P Operators Allows rig to move in any direction quickly between wellheads, rapidly and efficiently adjusts to misaligned wellbores, walks over raised well heads and increases safety…
Value Proposition of ICDs ShaleDriller Rig Pad Optimal ShaleDriller vs. Legacy / SCR Pad Optimal ShaleDriller vs. Non-Pad-Optimal Mechanical and SCR rigs have shorter bit life, higher Legacy AC rigs move slower and cannot accommodate…
Examples of ICD Delivering Significant Value for E&P Operators Cutting Cycle Times - Illustrative Savings vs Legacy Rigs Case Study: Multi-Well Pad Drilling Program 6.0 The industrys unconventional resource development Cutting only 39…
High-Quality Customer Base ICD has established a deep and high-quality customer base composed ICD Customers Include Some of the Highest Quality, Most Active Players in the Permian Basin of some of the most active players in the Permian…
Significant Financial Flexibility As of 6/30/2016 (MM) Cash and Cash equivalents 7.1 Long-Term Debt Credit Facility(1) 16.4 Total ICD Stockholders Equity 273.2 Total Capitalization 289.6 Undrawn Revolver (2) 68.3 Available…
ICD Poised to Restart Growth When Market Conditions Improve ICD capital budget for the second half of 2016 is Financial Flexibility and Liquidity approximately 8 million, including recently approved additions relating to adding 7,500…
ICD Provides a Differentiated Value Proposition to E&P Operators Large Operators are Leading Unconventional Resource Capture ShaleDriller Offers a Major Secular Shift in Compelling Value Unconventional Proposition to E&P…
Non-GAAP Financial Measures Adjusted EBITDA is a supplemental non-GAAP financial measure that is used by management and external users of our financial statements, such as industry analysts, investors, lenders and rating agencies. In…