Built for success, positioned for growth Company Update January 2015
Who We Are Helix is a specialty deepwater service provider to the offshore energy industry, focused on expanding our subsea infrastructure services in Well Intervention and Robotics. Built for success, positioned for growth…
Deepwater Subsea Services Well Intervention: Entering a wellbore to initiate, enhance, restore or decommission production as part of the wells natural life cycle. Robotics: Providing remotely operated vehicles (ROVs) to perform…
Well Intervention Built for success, positioned for growth
Well Intervention Overview Built for success, positioned for growth 6
Well Intervention Current Asset Base H534 Well Enhancer Q4000 Seawell Skandi Constructor (chartered vessel) Intervention Riser Systems (IRS) Built for success, positioned for growth 7
Future Well Intervention Growth Helix 534 Q7000 In Service Q4 Q5000 2013 In Service 2016 In Service 2015 Intervention Riser Siem Helix 1,2 Systems In Service 2016 Built for success, positioned for growth 8
Global Subsea Well Inventory Growth Total Cumulative Subsea Wells Installed Worldwide since 1990 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 - Source: Quest Offshore Resources, Energy Database…
Robotics Built for success, positioned for growth
Robotics Overview Helix provides ROVs and crews to perform subsea tasks, including: Umbilical and flowline trenching services Geotechnical coring Comprehensive workclass ROV services Dynamically positioned ROV support vessels…
Robotics Assets 56 Work-class ROVs: 5 Trenchers: 2 ROVDrills: The backbone of the fleet, The key to pipeline Provide seabed capable of performing a installation in heavily- composition broad array of subsea trafficked waters…
Chartered Vessel Fleet Grand Canyon 1 Deep Cygnus Deep Cygnus Olympic Canyon Rem Installer Built for success, positioned for growth 13
Chartered Vessel Fleet Currently four vessels under long-term charter Two additional vessels scheduled to enter fleet in 2015 Grand Canyon 2 Grand Canyon 3 The above vessels are a combination of fleet enhancement / replacement…
Future Robotics Growth Newbuild chartered vessels optimized for renewable energy markets, as well as oil & gas markets Additional work-class ROVs for current and emerging markets Trenchers for burial operations worldwide ROVDrill…
What Sets Helix Apart in Robotics Helix charters its ROV support vessels, ensuring a modern fleet that can expand and contract based on regional requirements A fleet of advanced vehicles, including several units custom-built to our…
Production Facilities Built for success, positioned for growth
Production Facilities Independence Hub Semi (20%) Location: Mississippi Canyon (GOM) Partner: Enterprise Products Operator: Anadarko Marco Polo TLP (50%) Location: Green Canyon (GOM) Partner: Enterprise Products Operator:…
Debt & Liquidity Built for success, positioned for growth
Debt Instrument Profile Total funded debt of 576 million at end of Q3 2014: Debt Instrument Profile at 09/30/2014 ( amounts in millions) 200 million Convertible Senior Notes 3.25% (A) (178 million net of unamortized debt discount)…
2015 Outlook Built for success, positioned for growth
2014 Forecast ( in millions) 2014 2013 Forecast Actual Revenues (on-going operations) 1,110 805 EBITDA 390 300 CAPEX 385 343 Earnings Per Share (A) 1.85 1.95 1.04 Revenue Split: Well Intervention 670 452 Robotics 410 333…
2015 Outlook Industry Conditions Recent slide in oil prices dampens the outlook for 2015 E&P spending likely to be reduced significantly across the supply chain Helix is likely to also be impacted by customer spending cuts in 2015…
2015 Outlook Company Specific Q5000 should enter the fleet sometime in Q3 2015 Seawell life extension ongoing and is expected to take the vessel out of service for approximately 100 days in 2015 H534 and Q4000 both have scheduled…
Beyond 2015 The demand for well intervention services expected to increase as the subsea wellhead count increases and ages Alliance with OneSubsea and Schlumberger expected to generate incremental opportunities for Helix vessels…
Follow Helix on Twitter: Helix_ESG Join the discussion on LinkedIn: www.linkedin.com/company/helix Built for success, positioned for growth
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