Eco-Stim Energy Solutions — Howard Weil New Orleans 2018
14 slides from Eco-Stim Energy Solutions's conference presentation, Mar 23, 2018
Slide 1: Howard Weil New Orleans 2018
ec¥Stum Howard Weil New Orleans 2018 March 28, 2018 (Nasdaq: ESES)
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains statements about future events and expectations that can be characterized as forward-looking statements, including statements about the Company's plans, strategies and prospects. The use of the words “anticipate,” “plan,” “seek,” “intend,” “estimate,”
Slide 3: Investment Highlights
Investment Highlights Poised for growth with three well stimulation spreads in attractive markets; large multi-year contract opportunities Net debt free balance sheet!) Significant discount to peers based on enterprise value to hydraulic horsepower Experienced management team with committed investor
Slide 4: Technology-Driven, Growth Platform in Leading Plays
Technology-Driven, Growth Platform in Leading Plays Company Overview + Headquartered in Houston, Texas + Total capacity: ~168,000 HHP, including 47 owned pumps, 6 rental pumps & 20 additional pumps subject to refurbishment and upgrades prior to activation + Growth oriented oilfield service company p
Slide 5: Seasoned Management Team
Seasoned Management Team Relevant Experience + 28+ years senior management oilfield experience Hie alek = NGOS J. Chris Boswell President, CEO and (Co-Founder neos ©&Paradigm General Mgr. Latin America ‘and Co-Founder Barry Ekstrand Chief Operating Officer experience y Alexander Nickolatos Chief Fin
Slide 6: Recent Company Milestones
Recent Company Milestones 2/18: Frac calendar for first spread now substantially booked from late March through June 11/17: Negotiated early contract release on first U.S. spread due to low utilization; initiated incremental CAPEX needed to ready spread for sand frac operations
Slide 7: Established Start-up Operations in 2017 and Positioned for Profitability in 2018
Established Start-up Operations in 2017 and Positioned for Profitability in 2018 Summary of Key Events in 2017 Refinanced the company & secured a start up contract in the U.S. Diversified the business into two growing markets Transitioning away from low margin contract negotiated at 2016 price level
Slide 8: Opportunities in Oklahoma: The STACK and SCOOP Plays
Opportunities in Oklahoma: The STACK and SCOOP Plays Recent Company Events + Second contract operational on October 20, 2017. Contract is for one year, with customer option for the second year NEW MEXICO + First spread went back to work in the STACK, operating in the spot market in early March 2018
Slide 9: Strategic Alternatives and Forward Guidance
Strategic Alternatives and Forward Guidance In early March we redeployed our Fleet #1 into the STACK at improved rates and now expect both U.S. Fleets to operate at profitability levels ee in-line with industry averages fracjobs 2018 is an inflection point for operations in Argentina Reliability and
Slide 10: Attractive Value Relative to Peers
Attractive Value Relative to Peers Total Enterprise Value / Total HHP!) $2,500 Scan Peer Average $2,000 $1,901 $1,500 $1,000 $500 $527 $0 Ee PRO if ov SS? BeTRo KEANE/ 2085) (2) Denotes full firm enterprise value for LBRT, PUMP, FTSI, FRAC and ESES. Total HHP for peers per company disclosures °
Slide 11: Annual Revenue Since Start of Operations
Annual Revenue Since Start of Operations $50 $45 $40 $35 $30 $25 $20 $15 $10 $s $o 2015 2016 MAgentina MOklahoma 2017 10
Slide 12: Condensed Consolidated Balanced Sheets
Condensed Consolidated Balanced Sheets December 31, 2017, December 31, 2016 Assets Current assets: Cash and cash equivalents, s as2078 § 1,731,384 ‘Accounts receivable 10,167,044 2,885,707 Inventory 3,699,245 2,087,163 Pregaids 4,303,004 1.918.875 Other assets 787,848 31,654 Total current assots 27,
Slide 13: Investment Highlights
Investment Highlights Poised for growth with three well stimulation spreads in attractive markets; large multi-year contract opportunities Net debt free balance sheet!) Significant discount to peers based on enterprise value to hydraulic horsepower Experienced management team with committed investor
Slide 14: Eco-Stim Energy Solutions
ecystm ENERGY SOLUTIONS www.ecostim-es.com
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