Management Team Jerry Winchester, CEO Jay Minmier, President CEO since September 2011 and President and Nomac Drilling a director since June 2014 President since June 2011 Served as President and CEO of Boots & Coots Previously…
Company Profile1 RIGS FOOTPRINT CASH & SHORT-TERM 90 total marketed rigs Seven active basins INVESTMENTS 72 multi-well pad capable 23 MM DIVERSIFICATION Undrawn ABL Revolver HORSEPOWER 30 new customers and 500K HP with access to…
Areas of Operations Field Offices Oklahoma City Headquarters Significant footprint in many of the most economical plays, including Permian and Anadarko basins; Eagleford and Utica shales As of 8/30/2016 5
Customer Diversification Strategy SINCE Q1 2016, SSE WORKED FOR 30+ NEW CUSTOMERS. SINCE SPIN-OFF JULY 2014 RIG CHANGE IN HORIZONTAL ACTIVE RIG PICKUPS 10% 13 FRACKED FOR GAINED Nomac Rig Change 11% Other Industry Rig Change…
Assumes recent cycle trough at 404 active rigs as of 5/27/2016 US Rig Recovery comparison Trough and Recovery Analysis 120% 100% 2001 - 02 Trough 738 Rigs (555) Rigs % -43% 80% 1997 - 99 Trough 488 Rigs (544) 60% Rigs % -53%…
Backlog and Service Contract Summary As of September 30, 2016, 13% related to contracts with Backlog includes services contracts entered into with total backlog operators other than CHK CHK in connection with the spin-off under which CHK…
Business Segments Snapshot Q3 2016 REVENUE ADJ EBITDA ADJ EBITDA DESCRIPTION mm mm Margin % Drilling Provides land drilling services As of Sept. 30, 2016 marketed fleet 63.1 37.5 59% consisted of 39 Tier 1 rigs, including 28 fit-…
Nomac Current Drilling Fleet 51 CONTRACTED RIGS (29 Active) UTICA SHALE OPERATING ACROSS 12 UNCONVENTIONAL PLAYS POWDER RIVER AND DJ BASINS 3 MARCELLUS SHALE 1 ANADARKO BASIN HAYNESVILLE SHALE 13 5 PERMIAN BASIN EAGLE…
SEPTEMBER 2016 Industry Pad Capable Rig Summary 80% TOTAL FLEET PAD CAPABLE 95% AC RIGS PAD CAPABLE 69% SCR RIGS PAD CAPABLE *Pad capable defined as a rig with a walking or skidding system. **Industry (Selected…
Performance Technologies Operations Overview ESTIMATED US HORSEPOWER BY CAPACITY 000S HHP 13 Halliburton 1,089k 200k 1,282k FTSI 522k 55k 982k FLEETS Schlumberger 535k 425k 520k Provide high-pressure hydraulic Patterson-UTI…
Performance Technologies Operating Areas ANADARKO BASIN 360K HP EAGLE FORD SHALE 140K HP Access to strategically positioned sand storage and transload facilities in Oklahoma, Texas and Ohio PTL total horsepower as of…
Facilities and Supply Chain Integration PEARSALL, TX 522 ACRES 33 OWNED PROPERTIES EL RENO, OK SPANNING 4 STATES Long-term strategic partnership with sand supplier Railcar network to ship proppant from suppliers on demand…
Great Plains Oilfield Rental Overview TOOL RENTAL Downhole tubular products including high- AVG REVENUE % torque, premium-connection drill pipe, drill JAN AUG 2016 collars and tubing AIR PACKAGE Surface rental equipment including…
Great Plains Oilfield Rental Added Value Rental model creates powerful cash-on-cash return potential Diverse line of equipment and onsite services complement drilling and pressure pumping operations by adding value to a bid Great…
Debt Service, Maturity and Liquidity 1 Maturity Schedule SSE Debt/Liquidity 9/30/16 (all in mm's) Cash 23.0 376 1st Lien Term Loan 391.0 2nd Lien Incremental Term Loan 83.5 1 1 1 1 Total Debt 474.5 4 4 4 4 79 Net Debt 451.5…
Appendix Q3 2016 ADJUSTED EBITDA Reconciliation
APPENDIX Reconciliation of Consolidated Net Income to Adjusted EBITDA Successor Predecessor Successor Predecessor Two Months Three Months Two Months Nine Months One Month Three Months Seven Months Ended Ended Ended Ended Ended July…
APPENDIX Reconciliation of Drilling Net Income to Adjusted EBITDA Successor Predecessor Successor Predecessor Two Months Three Months Two Months Nine Months One Month Three Months Seven Months Ended Ended Ended Ended Ended July 31,…
APPENDIX Reconciliation of Hydraulic Frac Net Income to Adjusted EBITDA Successor Predecessor Successor Predecessor Two Months Three Months Two Months Nine Months One Month Three Months Seven Months Ended Ended Ended Ended Ended…
APPENDIX Reconciliation of Oilfield Rentals Net Income to Adjusted EBITDA Successor Predecessor Successor Predecessor Two Months Three Months Two Months Nine Months One Month Three Months Seven Months Ended Ended Ended Ended Ended…
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