Disclaimer The information contained in this presentation does not purport to be allinclusive or to contain all information that prospective investors may require. Prospective investors are encouraged to conduct their own analysis and…
Key Investment Highlights Thirdlargest fracturing company in Canada1; significant market share in deep capacity coiled tubing in Canada and a growing presence in the U.S. HighQuality Coiled Tubing Established operations with bluechip…
Leading Specialized Coiled Tubing and Fracturing Service Provider Company Overview Canadian Coiled Tubing and Fracturing Markets Headquartered in Calgary, STEP is an awardwinning1 oilfield service company providing specialized and fully…
Track Record of Growth Company Milestones 1,150 Professionals StartUp Founded in 2011 First coiled tubing operation in 2012 Asset Acquisitions 13 Coil Spreads 2012 2 coil, 5 N2 from Kamber 2015 115,000 HP from Gasfrac 2016…
Integrated Services Provider 19 Coiled Tubing Spreads2 297,500 Fracturing HP Coiled tubing has a reason to be involved 209,000 HP currently deployed (seven with all completion methods, and to be spreads)2 on every well site Industry…
Expanding Client Base and Service Offering STEPs BlueChip Clients and Offered Services Have Grown With the Company1 Building on Existing Relationships While Attracting New Clients ...And Offering New Services Client Revenue Retention…
Proven Ability to Grow Successfully Grew the Company and Gained Market Share Canadian Coiled Tubing one coil spread in 2012 to 13 coil spreads today; 16 coil spreads by year end 2018 U.S. Coiled Tubing zero coil spreads in Q1 2015 to…
Completions Intensity Continues to Trend Higher Industry Data Continues to Support Higher Completions Intensity Thematic Average Proppant Placed per Well, TTM Average Fluid Pumped per Well, TTM 8,000 50,000 45,000 7,000 40,000…
Market Outlook Robust Demand for Completions Equipment Active fracturing equipment booked through Q1, activity remains high through first half of 2018. Experiencing ongoing high demand of coiled tubing fleet. Pricing Flat, Cost…
Appendix 10
Recent Quarterly Highlights Company Results for Q3 2017 Quarterly Highlights Three Mo nt hs N ine Mo nt hs Working capital of 122.1 million (incl. cash of 60.2 million) (000's except per day, units, days and HP) End ed End ed Sep t…
STEP at a Glance Integrated provider of coiled tubing and Montney Cardium Permian Basin Services fracturing solutions with a technical focus Duvernay Viking Eagle Ford on deeper, more challenging plays Exposure Deep Basin Shaunavon…
Experienced and Proven Leadership Other Key Management Experience Regan Davis, President & CEO, Director Cofounder of STEP; CEO since start up in March 2011 P. Eng. with over 25 years of industry experience Rory Thompson 20+ Years…
Coiled Tubing At A Glance STEPs Coiled Tubing Units Are Capable of Servicing Deeper, Complex Formations What is coiled tubing Coiled tubing is a long steel pipe that is transported on a reel and straightened when utilized. Coiled tubing…
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