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Q1 2014 Review – Global Oil & Gas Services Ltd.

Global Oil & Gas Services Ltd. · Apr 30, 2014 · 27 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. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 1
    Opportunity is a reflection of information. Global O&G Transactions Q1 2014 Review Deal markets momentum continues as companies strive for focus April 30, 2014 PLS Inc. Brian Lidsky One Riverway, Suite 2500 Managing Director…
  2. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 2
    Opportunity is a reflection of information. Current Market Observations Deal size growing, Deal in Play inventory growing, Corporate Activity increasing all point to active 2014 Global Market Q1 2014 deal value of 40.7 billion, flat…
  3. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 3
    Opportunity is a reflection of information. Q1 2014 Global M&A Review Transaction marketplace Quick Highlights Q1 2014 deal value of 41 billion Deal Value. In Q1, Global M&A deals totaled 40.8 billion, steady with 40.4 billion in Q4…
  4. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 4
    Opportunity is a reflection of information. Global Deal Value and Count Over 1.2 trillion in deals since 2007 US billion 2007 2008 2009 2010 2011 2012 2013 Q1 2014 United States 50 48 62 76 84 89 53 15 North Sea/Europe 7 9 7 7 15…
  5. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 5
    Opportunity is a reflection of information. Top 20 Global E&P Transactions: Q1 2014 16 of 20 are conventional deals, corporate deal activity rebounding RWE divests upstream business to LetterOne 7,097 CNRL acquires Devon's…
  6. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 6
    Opportunity is a reflection of information. Top 10 International Transactions: Q1 2014 All buyers are outside of North America - Again Date Buyers Sellers Value (MM) Primary Country Transaction Type Comment 3/16/2014 LetterOne…
  7. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 7
    Opportunity is a reflection of information. Top 10 US Transactions: Q1 2014 Eagle Ford again takes 1 spot Value US Transaction /Daily % Oil Date Buyers Sellers (MM) SubRegion Type /BOE BOE /Acre Prod. Comments Baytex Energy…
  8. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 8
    Opportunity is a reflection of information. Top 10 Canada Transactions: Q1 2014 Market rebounds sharply from stalled 2013 Value /Daily /2P % Oil Date Buyers Sellers (MM) Region Type BOE BOE /Acre Prod. Comment CNRL acquires…
  9. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 9
    Opportunity is a reflection of information. Global Quarterly Deal Value Q1 2014 maintains momentum since last summer 276 Value of Global E&P Transactions USD Billion 212 139 173 71 151 151 138 49 37 117 67 44 52 40 19…
  10. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 10
    Opportunity is a reflection of information. US Quarterly Deal Value Like the global trend, US deal value maintains momentum Value of US E&P Transactions 89 84 USD Billion 76 27 38 62 26 53 50 48 13 6 11 26 15 20 16 53…
  11. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 11
    Opportunity is a reflection of information. Canada Quarterly Deal Value Q1 2014 strongly rebounds Value of Canadian E&P Transactions USD Billion Q1 Q2 Q3 Q1 Q2 Q3 Q1 Q2 Q3…
  12. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 12
    Opportunity is a reflection of information. Global Quarterly Deal Count: By Deal Value Average deal size increases to 306 million trending up and a show of buying strength Number of Transactions, Split by High and Low Value Deals…
  13. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 13
    Opportunity is a reflection of information. US Quarterly Deal Count: By Deal Value Average deal size increased 31% to 231 million in Q1 2014 Number of Transactions, Split by High and Low Value Deals 204 195 186 173 28 29 168…
  14. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 14
    Opportunity is a reflection of information. Canada Quarterly Deal Count: By Deal Value Deal counts down but average deal value up 139% to 233 million in Q1 2014 93 Number of Transactions, Split by High and Low Value Deals 89 84…
  15. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 15
    Opportunity is a reflection of information. Conventional vs. Unconventional Deals: 1 Billion In Q1 2014, conventional deals 1 billion on record pace Q1 2014 Comments: In Q1 2014, a…
  16. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 16
    Opportunity is a reflection of information. Global M&A Activity by Regional Deal Value Canada and Australia up, US stable, Africa continues slowing, FSU stalls 276 Middle East Annual Transaction Value by Region 14 Australia USD…
  17. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 17
    Opportunity is a reflection of information. Global M&A Activity by Regional Percentage US share of global market in Q1 2014 is 36% - just slightly below 38% historical average Annual Transaction Value % by Region USD Billion…
  18. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 18
    Opportunity is a reflection of information. Global M&A Activity by Type Corporate buys surge in Q1 2014 to 44% of the market trend change from 2013 Deals by Type of Transaction USD Billion 2007 2008 2009 2010 2011 2012 2013 Q1…
  19. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 19
    Opportunity is a reflection of information. Global M&A Activity by Conventional vs. Unconventional Continuing trend for conventional assets while oilsands remain out of the mix Share of Conventional and Unconventional Deals 2007…
  20. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 20
    Opportunity is a reflection of information. United States Spotlight - Valuation Index for Proved Reserves (1) Multiples are 25.00/bbl for oil and 1.60/Mcf for gas a current 16:1 ratio vs. a peak of 20:1 in Q4 2012 US Quarterly…
  21. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 21
    Opportunity is a reflection of information. United States Spotlight - Valuation Index for Production Multiples (1) Multiples are 100,000 for oil and 5,300 for gas a current 19:1 ratio versus a peak of 21:1 in Q2 2013 US Quarterly…
  22. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 22
    Opportunity is a reflection of information. United States Spotlight - Conventional vs. Unconventional Unconventional deals take 45% of market in Q1 2014 Unconventional Deals (USMM) 2007 2008 2009 2010 2011 2012 2013 Q1 2014 Total %…
  23. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 23
    Opportunity is a reflection of information. Canada Spotlight - Conventional vs. Unconventional Unconventional deals take 37% of market in Q1 2014 Unconventional Deals (USMM) 2007 2008 2009 2010 2011 2012 2013 Q1 2014 Total % of…
  24. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 24
    Opportunity is a reflection of information. Chinese and Asian NOC Market Share After a record 2013 market share of 22%, China and Asia buying slows USD Billion 2007 2008 2009 2010 2011 2012 2013 Q1 2014 100%=151 B 100%=117 B…
  25. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 25
    Opportunity is a reflection of information. Chinese and Asian NOC Acquisitions The slowdown of the Asian appetite for oil and gas M&A in Q1 viewed as a pause Acquisitions by Chinese 46 and Other Asian NOCs 41 2 USD Billion 6 2…
  26. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 26
    Opportunity is a reflection of information. Global Deals In Play: 132 Billion Deals for sale up 5 billion from a quarter ago a trend line indicating a continuing strong market Deals In Play Others United 18% States Angola 32%…
  27. Q1 2014 Review – Global Oil & Gas Services Ltd. – slide 27
    Opportunity is a reflection of information. Get Metrics. Gain clarity and perspective with the PLS Derrick Transactional Database. The most functional, comprehensive and cost-effective database in the industry covering the US,…

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