Barclays CEO Energy-Power Conference September 6, 2017 OUR LIFES WORK IS THE LIFE OF THE WELLTM NYSE: BAS
Proven Growth Strategy TM Our Lifes Work is the Life of the Well Basic Energy Services supports its customers well site activities from cradle to grave Diversified service offering poised for future growth opportunities The…
Our Lifes Work is the Life of the WellTM Every Well is a Potential Life-Long Customer Production Basics Strategy for Success 1. Rate of Returns Driven 2. Proven Management with Ability to Weather Cycles 3. Diversified Service…
Basic Energy Services Snapshot 1H17 Revenue by Region Company Data: Sizeable Footprint in the Resilient Permian Basin NYSE Ticker: BAS [CATEGORY Appalachian/Ma NAME] rcellus California 2% Share price (as of 8/31/17): 14.24 Gulf…
Extensive Footprint in Prolific Basins Significant Exposure to Major Oil and Gas Markets 80% Revenue Exposure to Oil and Liquids Activity Appalachia BAKKEN 190,000+ Gross Wells (10% oil) California APPALACHIA 50,000+ Gross Wells…
How We Manage Through Cycles Upcycle As market environment has showed signs of improvement, our business Invest in new equipment strategy has changed to address the Expand into new markets upcycle Maximize utilization to increase…
Operational Update Equipment Counts & Utilization July 2017 2Q17 1Q17 Well servicing rig hours 52,500 162,300 157,600 Well servicing utilization rate 54% 54% 52% Number of well servicing rigs - end of period 421 421 421 Invest in new…
Operational Update Market Environment We expect 3Q17 revenues to increase by 6-8% sequentially, including the impact of Hurricane Harvey Increase expected to be driven mainly by higher completion and remedial services activity,…
Specialized Completion & Remedial Services Focused on Markets Traditionally Underserved by Larger Competitors Revenue Support drilling, workover and production processes 250 Pumping services for cementing, acidizing, 200…
Water Logistics Basics Integrated Fluid Service Business Anchored by Expansive SWD Network Revenue 120 Water sourcing and storage 100 SWD design and installation 80 Integrated truck fleet and SWD network Millions 60 Pipeline…
Well Servicing Well Servicing Rigs Facilitate Down Hole Activity Revenue Service Work - routine maintenance of down- 120 hole equipment to return well to production 100 Workover - periodic major maintenance and 80 renovation to…
Well Servicing Fleet Snapshot Fleet Metrics: Fleet Distribution by Class 421 Well Service Rigs Concentration of Class IV or larger rigs. Fleet sizes from 200-900HP rigs 71% of the fleet are late model Class IV (104 Mast / 500HP or…
Pro Forma Balance Sheet Emergence from Chapter 11 Enhances Financial Position 000s At At Description 6/30/2017 3/31/2017 Liquidity ABL credit facility borrowing base (see note 1) 75,000 75,000 Less: Letters of credit (see note 2 for…
Basic Investment Highlights Diversified service offerings for Providing a safe work environment is a both vertical and horizontal activity top priority Operating in basins with high liquid Proven management team and local yields and…
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