Enercom's Oil & Gas Conference August 2017 Nasdaq Ticker: ESES
Technology-Driven, Growth Platform in Leading Plays Company Overview Headquartered in Houston, Texas Total capacity: currently 100,000 HHP, with an agreement to purchase additional 45,000 HHP High-growth oilfield service company…
Seasoned Management Team Relevant Experience J. Chris Boswell President, CEO and 28+ years senior management oilfield experience Co-Founder Barry Ekstrand 35+ years senior management oilfield experience Chief Operating…
Investment Highlights Poised for Growth through Recent Contract Awards and Increased Utilization Debt Free Balance Sheet Significant Discount to Peers Based on Enterprise Value to Hydraulic Horsepower (HHP) Experienced…
Recent History 8/8/17: Closed 28mm private placement at 1.43 per share (market price) 7/27/17: Signed agreement to purchase 45,000 HHP to support new contract in OK 7/19/17: Signed new contract in OK to support 2nd well…
Contracts Awarded with Multiple Customers Management has demonstrated its ability to execute during a period of market instability with three contracts awarded since Q1 2017 The Company capitalizing on growing activity in the best…
New Contract Anchors Second Crew & Offers Accelerated Growth Active Fleets Average Monthly Revenue ( in MM) Argentina U.S. 3 Argentina U.S. 3 10.0 10 8 2 2 2 6 8.0 1 5.0 4 1 3.0 2 1 1 1 1 2.0 2.0 0.7 0.9 0 0…
Attractive Value Relative to Peers Based on an Enterprise Value to HHP Basis (1) Total Enterprise Value (MM) Total Enterprise Value / Total Current HHP () 2,500 2,500 1,943 2,000 2,185 1,697 2,070 1,500 2,000 1,016 1,000…
Opportunities in Oklahoma North Central Oklahoma Highlights The STACK, SCOOP, Merge, Springer formations are among the leading unconventional plays in North America with a low breakeven point 13 Acre Base in Fairview also offers…
Offering Summary Argentinas growth opportunity is unique Key Selection Criteria For International Shale Market Opportunities 1. Geology Resource produces economic hydrocarbons 2. Pace of activity Sufficient wells to maintain…
Opportunities in Argentina Most major US shale plays consume 2.5 - 3 million HHP Argentina is importing a significant volume of gas at high prices Supply / Demand equation should favor much stronger prices as activity ramps to…
What has changed in Argentina following Kirchner New pro-business, free markets President in Macri Natural Gas prices set at 7.50 declining to 6.00 in 2021 Currency controls removed New trade agreement with US & rejoins IMF New…
Mature oil producing country with strong customer base E&P Companies Operating in Argentina Source: Management research 14
Supermajors taking large positions
Argentina now focused on growing gas production; high prices locked in Rigs starting back to work, barriers to entry remain Barriers to Entry: Importation of new stimulation equipment is still challenging Any new equipment into…
Technology
Offering You cant Summary manage what you dont measure Eco-Stim conducts its horizontal stimulation services within a systematic methodology Leverages fiber-optic technology and predictive modeling (how many stages dont actually…
Geophysical & Geo-mechanical predictive tools to identify Offering Summary sweet spots in higher cost shale formations Technology used primarily in high cost regions Using technology for accurate well placement and stimulation stage…
MEASURE Offering & EVALUATE - Confirmation of producing zones.. Summary Derived from Fiber Optic Acoustic Signatures 9 8 7 6 5 4 3 2 1 TIME Gas Production from zone 6 Gas + Water Production from zone 8 20
UPDATE MODEL & CALIBRATE - Target completion stages based onOffering Summary technology & empirical data in high cost regions 32 Stages 100k / Stage = 3.2 Million 16 Stages 200k / Stage = 1.6 Million 21
Combined Fleet Offers Technology Well Suited to Reduce Cost and Emissions Portion of Fleet Has Competitive Advantage 145,000 HHP available within ESES; over 54,000 HHP (27,000 HHP currently in use) represents differentiated…
Investment Highlights Poised for Growth through Recent Contract Awards and Increased Utilization Debt Free Balance Sheet Significant Discount to Peers Based on Enterprise Value to Hydraulic Horsepower (HHP) Experienced…
2930 W. Sam Houston Pkwy N., Suite 275 Houston, TX 77043 NASDAQ ESES www.ecostim-es.com