2Q16 Earnings Presentation August 03, 2016 Presented by: Anthony G. Petrello Chairman, President, & Chief Executive Officer William J. Restrepo Chief Financial Officer
Current Debt and Liquidity Liquidity (at June 30, 2016) Cash & Available Capacity: 2,499 1. Capitalization defined as Net Debt plus Shareholders Equity 2. Coverage defined as TTM Adjusted EBITDA / TTM Interest Expense 3.…
Drilling and Rig Services 6
2Q16 Rig Utilization & Availability 2Q16 Rig Average Rig Fleet(1) Years(2) Utilization U.S. Lower 48 AC 175 44 25% Legacy 47 1 1% U.S. Lower 48 Total 222 44 20% U.S. Offshore 17 6 35% Alaska 16 3 21% Canada 54 4 8%…
6/30/16 U.S. Rig Utilization Power Type and Capacity Pad Not Pad Total Walking Skidding Capable Capable Rigs Work. Total Util. Work. Total Util. Work. Total Total Work. Total Util. Work. Total Util. AC 39* 124 31% 4 18 22% 43*…
6/30/16 International Working Rigs Algeria 9 India 3 Malaysia 1 Russia 3 Argentina 20 Italy 1 Mexico 1 Saudi 42 Colombia 4 Kazakhstan 2 Oman 5 Venezuela 5 Ecuador 3 Kuwait 2 PNG 1 Total 102 9