Savanna Energy Services Corp. INVESTOR UPDATE March 6, 2015 TSX: SVY 1
CORPORATE OVERVIEW TSX: SVY Common Shares Outstanding (1) 90.1 million Common Share Trading Price (1) 2.34 52-week Trading Range 2.03-9.31 Market Capitalization (1) 212 million 30 Day Average Trading Volume (1) 308,454 Book…
CANADIAN OPERATIONS 68 Drilling Rigs 65 Service Rigs OUTLOOK Working with customers to streamline operations to pass on savings in a volatile commodity market Closure of low contribution locations and rationalizing field…
UNITED STATES OPERATIONS 27 Drilling Rigs 18 Service Rigs OUTLOOK Adding 2 AC triple drilling rigs in Q1, under long-term contracts Added an AC electric drilling rig under long-term contract in late 2014 Closed a low…
AUSTRALIAN OPERATIONS 5 Drilling Rigs 12 Service Rigs OUTLOOK 5 drilling rigs and 12 workover rigs in market, almost all subject to take-or- pay contracts Drilling for coal seam gas (CSG) to support the east coast LNG…
DIVERSIFICATION Revenue Distribution Savanna's diversification 100% provides benefit: 90% 80% With oil and gas pricing 70% differentials becoming more 60% local, able to focus assets on 50% most profitable areas 40% 30% 20%…
2015 CAPITAL PROGRAM Capex Program 2015 Initiatives millions 30% 30% 2014 Carry-Over: 2014 Growth Initiatives 16.4 2014 New Field Operating Facilities 18.5 40% 2015 Maintenance Capital 22.3 Proceeds on sale of field…
ABORIGINAL PARTNERSHIPS Partnerships with 9 First Nations: OILSANDS EXPOSURE FORT McKAY PARTNERSHIP Total of 19 rigs (drilling or service rigs) and rental equipment Future GROWTH opportunities: SAGD/Slant rigs Fort McKay First Nations…
SERVICE LINES - DRILLING VELOX Triples Telescopic Doubles Top Drive Single Rigs AC Powered Increased use of automation Automation- remote Highly mobile on pads or to reduce manual handling catwalks, Iron Roughnecks & between risks…
SERVICE LINES - OILFIELD SERVICES Workover Rigs Canadian rigs are free standing (no rig anchors) Very high utilization in North Dakota Oilfield Rentals Complements drilling and well servicing One stop shop Wellsite shacks,…
ANALYST COVERAGE FIRM ANALYST Alta Corp. Capital Dana Benner BMO Capital Markets Michael Mazar CIBC World Markets Jon Morrison Cormark Securities Jason Zhang FirstEnergy Capital Kevin Lo National Bank Financial Sean Wetmore…