Investor Presentation FirstEnergy Montreal Energy Conference - December 2014
RightPeople,RightRigs,RightPartners,RightAttitude CanElson Financial Overview Common Shares2 92.6 million Current Share Price1 4.20 / share Market Capitalization 389 million Debt (less cash)2 43 million Enterprise Value 432…
RightPeople,RightRigs,RightPartners,RightAttitude Business Plan Summary Since inception in 2008, CanElson has used cyclical volatility to acquire and build high- quality assets and demonstrate its value to customers by being…
RightPeople,RightRigs,RightPartners,RightAttitude CanElsons Strategic Growth CDI - T 5
RightPeople,RightRigs,RightPartners,RightAttitude Geographic Position & Outlook +1 +4 British Columbia Alberta Saskatchewan North Dakota Texas Mexico 4 Rigs 11 Rigs 13 Rigs 6 Rigs 14 Rigs 2 Rigs (2 Svc) Demand for Deep Basin…
RightPeople,RightRigs,RightPartners,RightAttitude Drilling Rig Fleet Vertical Depth & Operating Areas 0 3,300 6,600 Meters 9,900 Feet 13,200 16,500 19,800 23,100 BC (4) Alberta (11) Saskatchewan/Manitoba (13)…
RightPeople,RightRigs,RightPartners,RightAttitude Setting the Pace for Horizontal Wells in the Permian Basin CanElson Tele-Double Drilling Curves The chart shows horizontal wells drilled by a CanElson Mechanical Tele-Double for one…
RightPeople,RightRigs,RightPartners,RightAttitude Financial Performance Trailing Twelve Month Return On Equity Going Forward Seek out Win-Win scenarios, by providing the best results for Customers and Shareholders Less drilling…
RightPeople,RightRigs,RightPartners,RightAttitude Financial Performance Net Debt to Trailing Twelve Month Funds Flow Notes CanElson has consistently maintained a strong balance sheet, with debt leverage ratios significantly below…
RightPeople,RightRigs,RightPartners,RightAttitude Corporate Directory Head Office Analyst Coverage 700, 808 4th Avenue SW AltaCorp Capital Inc. Dana Benner Calgary, AB T2P 3E8 Canaccord Genuity John Bereznicki FirstEnergy Capital…
Appendix 1: 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…
Appendix 2: Experienced Management Team Randy Hawkings, COO of Western Lakota Energy Services Inc. P.Eng, 35 years of domestic and international E&P and energy services experience President, CEO & Director Worked as drill site engineer,…
Appendix 3: Economics of a CDI Mechanical Tele-double vs. a Typical Industry AC Triple *The CanElson Mechanical Tele-Double has drilled horizontal wells to 6,200 meters measured depth (20,200 ft measured depth) **Payback is calculated…
Appendix 4: Financial Results For the three months ended September 30, For the nine months ended September 30, Full Year 2014 2013 % Change 2014 2013 % Change 2013 Services Revenue 89.9 66.2 36 % 249.0 175.9 42 % 257.0 Adjusted…
Appendix 5: Capital Program 2014 & 2015 Capital Programs Spare equipment facility & Upgrades & Capital Expenditures ( millions) overhead Maintenance Expansion CanGas Total Capital expenditures for the six months ended September 30,…