FORWARD-LOOKING INFORMATION THE FOLLOWING PRESENTATION CONTAINS FORWARD-LOOKING INFORMATION WHICH IS BASED ON CURRENT VIEWS AND ASSUMPTIONS AND IS SUBJECT TO UNCERTAINTIES WHICH ARE DIFFICULT TO PREDICT. THIS FORWARD-LOOKING…
WHO WE ARE Leading provider of innovative, engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from oil & gas exploration and production waste streams. We are…
NEWALTA GEOGRAPHICALLY Network of 40-plus commercial facilities that also act as critical infrastructure support for Onsite operations Includes 3 facilities in the Bakken in North Dakota Drill site presence in Marcellus,…
NEWALTA BUSINESS DRIVERS Drilling Activities Production Activities Active Wells Wells Producing SAGD & Mining Rigs Drilled Completed Wells Projects Oilfield Services Drilling Services Facilities Heavy Oil Facilities…
OILFIELD - BUSINESS DRIVERS DRILLING SERVICES Drives Drilling Services performance, first business unit to be impacted by change in activity Active Rigs U.S. areas serviced: Bakken, Marcellus, Niobrara and Permian basins Canada…
OILFIELD Over 35 facilities receiving 3rd party waste Imported knowledge from Heavy Oil to reduce operating footprint and developed Modular Processing Facilities Johnsons Corner MPF Business Units: Niton Junction…
OILFIELD FACILITIES Elk Point FACILITY TYPE / SERVICES WASTE STREAMS Fluid Processing Drilling Water Disposal Completions Thermal Desorption Production Landfill Sale of Recovered Oil Midstream Services 8
OILFIELD DRILLING SERVICES Colorado Drill site DRILL SITE ENVIRONMENTAL Solids Control Equipment Projects Drill Cuttings Management Drilling Waste Management Services Proprietary Data Capture Solution Site Remediation 9
HEAVY OIL - BUSINESS DRIVERS CHOPS waste volumes High decline rates in CHOPS wells requires constant drilling to CHOPS replace depleting/shut-in production volumes HEAVY OIL FACILITIES Drilling of CHOPS wells is a leading…
HEAVY OIL 8 facilities receiving 3rd party waste Facility network supports onsite operations Operate on customer sites under long-term contracts SAGD Plant Business Units: Fort McMurray Facility 11
HEAVY OIL ONSITE Provides onsite services such as centrifugation for customers involved in heavy oil mining and SAGD production Critical mass of waste volumes generated at site makes onsite more economical than treating offsite…
MARKET TAILWIND TRENDS DRILLING Increasing volumes generated per well Longer horizontals require higher quality oil, drives enhanced recovery Higher regulatory standards COMPLETIONS New technologies / PRODUCTION Producers…
INTEGRATED SERVICE MODEL 14
Q2 2017 RESULTS Results at the upper end of guidance: Q2 revenue of 57.9 million and Adjusted EBITDA of 9.6 million Contracts providing steady cash flow, 20% of Q2 2017 TTM revenue AEBITDA year-over-year increase driven by:…
ACTIONS TAKEN TO STRENGTHEN BALANCE SHEET Suspended quarterly dividend Reduced annual capital spending by approximately 155 million compared to 2014 levels Amended terms of credit facility providing increased financial…
2017 OUTLOOK 2017 outlook is based on trends we saw in the first half including: Improved commodity prices Strengthened drilling and completions activity Production related activity remaining relatively flat, driven by: Increased…
2017 AEBITDA Guidance Production related volumes Event-based volumes 45 - 50 WTI Carry over from 2016 30% - 40% actions recovery Oil price and activity stability will drive and support operating leverage with…
INVESTMENT HIGHLIGHTS Technical & operational expertise creating new solutions market Experienced management team Only modular capital infrastructure model in the space Well positioned to take advantage of industry recovery…
NEWALTA OVERVIEW As at August 31, 2017 TTM Revenue* 234 million Market capitalization 87 million Enterprise value 426 million Share price 0.99 Shares outstanding 88.1 million 52 week low-high 0.95 - 2.66 Credit facility drawn*…
OVERVIEW OF DEBT Debt capital structure comprised of senior secured and unsecured instruments with laddered maturity dates Instrument Amount Maturity Credit Facility (150 million total capacity) 86 million1 July 2019 Unsecured…
CREDIT FACILITY Total borrowing capacity 150 million at Q2 2017 64 million unused capacity Covenant package provides flexibility in current operating environment Total Debt to Covenant EBITDA waived through Q2 2019 Staged…
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