Barclays Transition PPT Template CEO Energy-Power June 2015 V 3.0 Conference September 7, 2016
Agenda Outlook Company Overview Operational Platform Financial Overview 3
Company Overview 5th Largest Globally Diversified Oilfield 20 Services Provider Countries with operations Product lines deployed across International, U.S. Land and Gulf of Mexico markets Downside risk vs. smaller players…
Diverse Approaches to Management Well Services Large Cap Competitor Model Small Cap Competitor Model Geo-market focus Geo - Market Structure Products/services Regional management Production & completion oriented operate in silos…
Diverse Approaches to Product & Service Lines Well Services Large Cap Competitor Model Small Cap Competitor Model Geo - Market Structure Geo-market focus Products/services Service Rigs Regional management operate in silos…
Key Considerations 2016 Priorities Maintain operational discipline & monitor supply chain closely Preserve cash and invest early as market recovers Maintain balance sheet and current liquidity levels Product / Service Line (PSL)…
Restructuring Initiatives Corporate Premium Drill Pipe SPN Onshore Well GOM Well Services Services Offshore & One Pressure Control Coiled Tubing Lasting Premium SPN One GOM Substantial Service Rigs Wireline G&A International Well…
U.S. Land Markets Well Fracturing Superior Energy is a first responder when markets recover 600,000 Hydraulic Horsepower (HHP) in excellent working condition today Refurbishment opportunity 100 million required to restore 150,000…
Individual Services vs Packaged Approach Individual Services Approach SPN Packaged Approach Service Rigs Coiled Tubing Drilling Rigs Coiled Tubing E-line Pressure Control Central CUSTOMER Point of CUSTOMER Service Rigs Contact…
International Expansion Our Core Strategy Innovation Assets Capital Core Markets LATIN AMERICA MIDDLE EAST ASIA PACIFIC Argentina Colombia Kuwait Australia Indonesia Brazil Mexico Saudi Arabia India Malaysia Legacy &…
Gulf of Mexico Well Services Integration Integrated Gulf Coast well services Coiled Tubing Wireline Shelf Plug & Abandonment Specialty Services Substantial cost structure reductions Enhanced capabilities and responsiveness…
Balance Sheet Strength Liquidity Flexibility Cash on hand 250 million as of 8/1/16 2016 capital expenditures reduced significantly from 2015 levels 400 million available under revolving credit facility Low levels of maintenance…
Well Positioned History of conservative financial management Strong balance sheet Prepared for extended market downturn Diversified geographically and across product lines Flexibility to further reduce spending and cost…
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