Acquisition Summary Overview Keane to acquire all shares of RockPile in a cash and stock transaction Fixed consideration of 284.5mm comprised of: 135mm cash (additional term loan and cash on balance sheet) 1 123mm stock (fixed…
Acquisition Delivers Value & Growth Acquiring 245,000 HHP for 1,000 per HHP1,2 Fully utilized completion platform with equipment, talent, customers, facilities & positive EBITDA Increases scale with a high-quality combined fleet of…
Prudent Investment in Current Market Investing in a proven platform at newbuild economics 1,800 / HHP 1,600 / HHP 1,000 1,000 / HHP1 / HHP Equipment Equipment Talent Customers Technology + EBITDA Facilities RockPile…
Keane Company Overview About Keane Group High quality fleet of modern completions equipment 944,000 78% Utilized Blue-chip customer relationships Hydraulic Horsepower Focus on high-efficiency completions Reputation for…
RockPile Company Overview About RockPile Energy Services Growing and integrated provider of completion services with focus on pressure 245,000 100% pumping and wireline Hydraulic Horsepower1 Utilized Fully utilized completion…
The New Keane: Assets & Capital 1,200,000 31 7 12 24 Hydraulic Horsepower Wireline Trucks Coiled Tubing Units Workover Rigs Cementing Units Pro-forma capitalization position Pro-forma Pro-forma Discussion In millions 3/31/17 Cash…
Enhanced Profile through Combination Acquisition deepens asset position in the prolific Permian and Bakken basins Bakken: Keane: 170,000 HHP 1,200,000 HHP1 Marcellus / Utica Pro-forma RockPile: 145,000 HHP Keane: 270,000 HHP…