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Investor Presentation – Canelson Drilling Inc.

Canelson Drilling Inc. · Mar 7, 2014 · 14 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Investor Presentation – Canelson Drilling Inc. – slide 1
    Our Opportunity & Our Plan March 7, 2014
  2. Investor Presentation – Canelson Drilling Inc. – slide 2
    RightPeople,RightRigs,RightPartners,RightAttitude Where we are going: VISION 1 billion energy services company within 5 years by being measurably more efficient CanElson Way Providing Drilling Solutions Our Approach = Growth: 150…
  3. Investor Presentation – Canelson Drilling Inc. – slide 3
    Approach Positions us for Additional Growth Positioned to participate in growing market for deeper wells with new 4 12 state-of-the-art triple drilling rigs Recent acquisition of two new AC electric triple drilling rigs in 13 North…
  4. Investor Presentation – Canelson Drilling Inc. – slide 4
    RightPeople,RightRigs,RightPartners,RightAttitude = Right Results CanElson introduced a quarterly dividend of 0.05 per share for Q4 2011 CDI - T 5
  5. Investor Presentation – Canelson Drilling Inc. – slide 5
    RightPeople,RightRigs,RightPartners,RightAttitude = Right Results CDI - Peer Comparison - ROE 51MM of new growth 12 month trailing - Return on 20.00% equity capital issued in Q4 CanElson 15.00% Co. A Co. B Equity 10.00%…
  6. Investor Presentation – Canelson Drilling Inc. – slide 6
    Corporate Directory Head Office Analyst Coverage 700, 808 4th Avenue SW AltaCorp Capital Inc. Dana Benner Calgary, AB T2P 3E8 Canaccord Genuity John Bereznicki Cormark Todd Garman Auditors FirstEnergy Capital Corp. Kevin Lo Deloitte…
  7. Investor Presentation – Canelson Drilling Inc. – slide 7
    Appendix 1: The Opportunity is Significant - Where We Are Going VISION 1 billion energy services company within 5 years by being measurably more efficient Market Cap (000s) 700000 600000 500000 400000 300000 200000…
  8. Investor Presentation – Canelson Drilling Inc. – slide 8
    Appendix 2: Our Fleet is Well Suited to Oil & Gas Industry Needs Tele-doubles fleet capable of drilling 5,500 metres CDI - T 9
  9. Investor Presentation – Canelson Drilling Inc. – slide 9
    Appendix 3 - Experienced Board Elson J. McDougald Founding CEO and Chairman of Western Lakota Energy Services Inc. Executive Chairman Founding CEO and Chairman of Tetonka Drilling Inc. & Laredo Drilling Inc. Donald R. Seaman Founding…
  10. Investor Presentation – Canelson Drilling Inc. – slide 10
    Appendix 4 - Experienced Management Team Randy Hawkings, COO of Western Lakota Energy Services Inc. P.Eng, 34 years of domestic and international E&P and energy services experience President, CEO & Director Worked as drill site…
  11. Investor Presentation – Canelson Drilling Inc. – slide 11
    Appendix 5 Right People People + Safety + Innovation = Optimized Well Costs Significantly lower than average WCB claims costs Highly experienced drilling teams Successful employee share ownership program Workers Comp Costs 30% -…
  12. Investor Presentation – Canelson Drilling Inc. – slide 12
    Appendix 6 Financial and Share Data Common Shares 92.1 million Current Share Price1 7.12 / share Market Capitalization 656 million Debt (less cash)2 35 million Enterprise Value 691 million Positive Working Capital (excludes cash and…
  13. Investor Presentation – Canelson Drilling Inc. – slide 13
    Appendix 7 - Top Decile Margins for CDI CDI - Peer Comparison - Gross Margin % 12 month trailing - Gross Margin % 45.00% CanElson 40.00% Co. A 35.00% Co. B Co. C 30.00% Co. D 25.00% Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1…
  14. Investor Presentation – Canelson Drilling Inc. – slide 14
    Appendix 7 - 2013 Results 2013 2012 Difference (%) Service revenue 257 million 218 million Up 18% EBITDA 86 million 83 million Up 3% EPS 0.43 0.58 Down 26% Average fleet size (net) 39.4 rigs 33.3 rigs Up 18% CDI - T 15

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