Management Presentation Chris Weber, Senior Vice President and Chief Financial Officer Capital One Securities, Inc. 9th Annual Energy Conference 2014
Company Overview Strategic Focus Operational execution Parker Drilling is a Reducing customers Premier Supplier of operating risks and Rental Tools & Drilling operating costs Services to U.S. and International Markets Developing…
Customers Best Partner in Minimizing Operating Costs and Mitigating Operational Risks Innovative Reliable Efficient Well Cost Drilling Performance 100% Operating Days Casing 1 29 57 85 0 80% Well Depth (Thousands of feet)…
Strong Customer Group Revenues by Customer Type 1,2 Key Customers Independents & Regionals Major 42% Intl E&Ps 41% 6% 11% National E&Ps Integrated Service Providers 1 2013 Revenues. Includes ITS from date of…
Premier Supplier of Rental Tools and Drilling Services Revenues by Type of Business 1 Revenues by Geography 1 35% Rental Tools 45% United States 65% Drilling 55% International 1 Last four quarters through 3Q14. 6
International Rental Tools Revenues by Geography1 Current Business Conditions UK / Recent influences Europe Asia - Industry uncertainty in Mexico 20% 18% Pacific Market disruptions in Iraq Latin 15% Recent changes America Middle…
Drilling Revenues by Geography 1 Total Contracted Backlog 4 millions Asia-Pacific 2 United States 36% 35% 236 Caspian Latin Middle East America 169 149 16% 13% 101 Revenues by Service Type 1,3 O&M 19% 4Q'14 2015 2016…
Domestic Drilling U.S. Barge: Dayrate & Utilization Business Strengths 50,000 Avg. Dayrate Utilization % 100% U.S. Barge Drilling Unique market 40,000 80% 30,000 60% PKD holds leading market position 20,000 40% Upgrading…
International Drilling Core Markets Rig Fleet Utilization 100% 75% 68% 60% 48% 49% 50% 25% 0% 2011 2012 2013 3Q'14 Sakhalin Russia 1 Caspian Sea 5 3 Middle East 2 2 2 6 Latin 3 America 2 1 2 Location and…
Track Record of Growth Rental Tools Drilling GOM Offshore Barge Drilling O&M Revenues (millions) 80 Acquired Rig 30B Awarded 2-rig extended- Reactivated Rig 55B reach drilling contract in 60 CAGR = 23% Abu Dhabi Awarded Berkut…
Key Priorities Maintain competitive position in challenging U.S. land and GOM shallow water drilling markets Rental Expand position in U.S. GOM offshore deepwater market Tools Grow revenues and improve gross margin in international…