Transition PPT Template Corporate Presentation June 2015 V 3.0 April, 2017
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 Scale will matter during US land…
Market Update U.S. Land 2016 Fourth Quarter U.S. Land rig count increased 28% Superior Energys deployed Hydraulic Horsepower (HHP) increased by 28% 450,000 HHP deployed by quarter-end Equipment reactivation costs cause margins to lag…
Underappreciated Structural Improvement More than 150 U.S. Land facility closures during downturn Permanent in nature Every part of company impacted Continuous asset portfolio optimization & rationalization Optimal structure allows…
Ideal Positioning Our position as the only globally diversified middle market services provider affords us advantages over small and large cap providers Large Cap One-size fits all Heavy R&D Mid Cap influence Broad product…
Unique Characteristics Global mobility Able to handle worlds most complex wells Market High barrier to entry Leading Global + Brands High margin = High return GEOMARKET STRUCTURE ASSET STRUCTURE Production & completion…
U.S. Land Markets Hydraulic Fracturing Superior Energy is a first responder during current market recovery Up to 600,000 HHP in excellent working condition before June 30, 2017 Refurbishment opportunity 60 - 80 mm capital investment…
Individual Services vs Packaged Approach Individual Services Approach SPN Packaged Approach Service Rigs Service Rigs Drilling Rigs Coiled Tubing Coiled Tubing Wireline Central CUSTOMER Point of CUSTOMER Automated Testing /…
International Expansion Our Core Strategy Innovation Assets Capital Core Markets LATIN AMERICA MIDDLE EAST ASIA PACIFIC Argentina Colombia Kuwait Australia Indonesia Brazil Saudi Arabia India Malaysia Legacy & Potential…
Gulf of Mexico 7 Series Subsea P&A System Well Services Integration Integrated Gulf Coast well services Pressure Control Head Coiled Tubing Wireline Shelf Plug & Abandonment Specialty Services Substantial cost structure…
Subsea P&A System Economics (Full Utilization Scenario*) Subsea Intervention System Building second system Annual Revenue 60 mm 2017 CAPEX = 12mm Gross Margin 50% 25 - 30% rate of return EBITDA Margin 45% 12-14 month…
Balance Sheet Strength Liquidity Flexibility Cash on hand 188 million as of 12/31/16 2017 capital expenditures: Cash on hand and cash flows expected to Low levels of maintenance capital required entirely fund early stages of…
Well Positioned Strong balance sheet Weathered extended market downturn without compromising ability to respond to recovery Early responder to U.S. Land market improvement Positioned to seize market share as industry recovers…