CSFB Energy Conference February 2018 (Nasdaq: ESES)
Technology-Driven, Growth Platform in Leading Plays Company Overview Headquartered in Houston, Texas Total capacity: 164,000 HHP, including 6 rental pumps & 20 pumps subject to refurbishment and upgrades prior to activation Growth…
Seasoned Management Team Relevant Experience J. Chris Boswell President, CEO and 28+ years senior management oilfield Co-Founder experience Carlos A. Fernandez Sr. VP, Corp. Development 35+ years senior management experience in…
Investment Highlights Poised for growth with three well stimulation spreads in two attractive markets; large multi-year contract opportunities in both markets Debt free balance sheet* Significant discount to peers…
Recent Company Developments 12/18: First spread has secured work in March and April 11/17: Negotiated early contract release on first spread due to low utilization; initiated incremental CAPEX needed to ready spread for sand frac…
Average Monthly Revenue Growth Average Monthly Revenue ( in MM) 8 7 6 5 4 3 2 1 0 2015 2016 1st Half 2017 Jul-17 Oct-17 Argentina US 7
Well Positioned with 13 Acre Base 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…
Update on Contracts, Spread Utilization and 2018 EBITDA Potential Second US Spread Annual Field Level EBITDA estimated at 15-25MM* First US Spread Negotiated early release from low margin contract in November Contract was not…
Woodford Basin Rig Count and Anadarko Basin DUC Count 1200 90 80 1000 70 800 60 Number of DUCs Number of Rigs 50 600 40 400 30 20 200 10 0 0 Anadarko Basin DUCS Woodford Basin Rigs Source:…
New Stage Count Records 4 Stages completed in 12 hours in Argentina in February 2018 8 Stages completed in 24 hours in Oklahoma in February 2018 EcoStim Crew in Argentina 11
Argentina Shale Development Offers Unique Market Opportunity 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…
Mature Oil Producing Country with Strong Customer Base E&P Companies Operating in Argentina Source: Management research 13
Vaca Muerta Stage of Development (600,000 HHP of capacity in entire country) Company Exploration Phase Optimization Phase Manufacturing Mode YPF 2012 / 2013 2014 / 2015 2016 Chevron 2013 / 2014 2015 / 2017 2017 Total 2013 /2014 2015 /…
What Has Changed in Argentina Following Kirchner New pro-business, free markets president in Macri Natural gas development projects have commodity price set at 7.50 declining to 6.00 in 2021 Currency controls removed New trade…
Combined Fleet Offers Technology Well Suited to Reduce Cost and Emissions Portion of Fleet Has Competitive Advantage 164,000 HHP available within ESES; over 54,000 HHP (27,000 HHP currently in use) represents differentiated…
Attractive Value Total Enterprise Value to HHP (November 2017) ESES currently trading at less than 850/Active HHP (1) (1, 4) 17
Investment Highlights Poised for growth with three well stimulation spreads in two attractive markets; large multi-year contract opportunities in both markets Debt free balance sheet* Significant discount to peers…
2930 W. Sam Houston Pkwy N., Suite 275 Houston, TX 77043 NASDAQ ESES www.ecostim-es.com
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