Credit Suisse 20th Annual Energy Conference February 24, 2015 Rob Saltiel President and CEO Atwood Oceanics 1
Atwood Oceanics Investment Thesis Modern, high quality rig fleet 6 UDW floaters and 3 high-specification jackups delivered 2011-2016 Bifurcation favors young fleet and supports financial sustainability Industry-leading operations…
Revenue and EBITDA Visibility and Balance Sheet Strength Millions 1,200 Total revenue backlog of 2.6 Contracted billion 1,136 Revenue 1,000 1 billion in remaining total Contracted 950 EBITDA capital expenditures as of February…
Potential for Improving Supply/Demand Balance Similar to the great crew change, recognize the likelihood for the great rig change out Impairments totaling almost 7 billion since July 2014 Rig retirements are accelerating 38…
Thank You Atwood Achiever Naming Ceremony May 30, 2014 www.atwd.com www.atwd.com 6