Phx Energy Services Corp. · TSX:PHX
Phx Energy Services — Phoenix Technology Income Fund — Investor Presentation (December 2007)
10 slides from Phx Energy Services's investor presentation, December 2007
Slide 1: When the going gets tough, the tough keep growing
December 2007 When the going gets tough,
Slide 2: Forward-Looking Statements / Market Data
Forward-Looking Statements Some matters discussed in this presentation may be considered to be forward-looking statements. Such statements include declarations regarding management’s intent, belief or current expectations. Prospective investors are cautioned that any such forward-looking statements
Slide 3: Description of Trust
Description of Trust Provides horizontal and directional drilling services and technology h l iin Canada d and d US. Develops and manufactures proprietary drilling guidance Calgary, Alberta systems. Traverse City, Michigan Strong g foundation to reward Casper, Wyoming shareholders with distributions
Slide 4: Distribution and Recent Initiatives
Recent Initiatives MWD fleet at September 30, 2007 contained 89 systems. – Additional 6 systems planned for 2007. Motor Servicing Facilities – Operational in Calgary Q4 2006 and Traverse City Q1 2007. – Houston facility projected for Q4 2007. – Full benefits to be realized in 2008. Expand marketing
Slide 5: Distributable Cash / Cash Distributions Made
Distributable Cash/Cash Distributions Made Distributable Cash Cash Distributions Made (Stated in 000’s of dollars) $32,000 Year Ended December 31, Nine Months Ended September 30, 28,909 $28 000 $28,000 $24,000 21,236 21,517 20,507 $20,000 16,326 $16,000 13,062 11,983 $12,000 10,492 10,789 $8 000 $8,
Slide 6: Financial Highlights Three and Nine Months Ended September 30
Financial Highlights Three and Nine Months Ended September 30, (Stated in 000’s of dollars except per unit amounts, percentages and units outstanding) Three-month period ended Sept. 30 Nine-month period ended Sept. 30 2007 2006 % Chg. 2007 2006 % Chg. Operating Results (unaudited) (unaudited) (unaud
Slide 7: RADD Operation Details
RADD Operation Details To date this system has drilled over 80 wells in Canada. Satellite System requires 1 cross-trained cross trained MWD Operator in the field and 2 Directional Drillers at a central command center. – Capable of operating up to 3-4 rigs in close proximity. Directional Driller in c
Slide 8: Benefits of RADD Operations
Three Well Comparison Conventional Operation VS RADD Operation Rig 1 Rig 2 Rig 3 Rig 1 Rig 2 Rig 3 6-Directional Drillers 2-Directional Drillers 3-MWD Operator 1- MWD Operator 9 Personnel 3 Personnel Daily labour cost of $9150 Daily labour cost of $3050 the tough keep growing. Benefits of RADD Opera
Slide 9: Inclination-at-Bit Sensor / The Tough Keep Growing
Inclination-at-Bit Sensor the tough keep growing. The Tough Keep Growing Revenue and distributable cash in Q3 2007 was a record for any quarter in he Fund’s 12-year history. Results in Q1 & Q2 2007 surpassed all previous corresponding quarters in the Company’s history. Diversification to aid growth.
Slide 10: Board of Directors and Key Personnel
Board of Directors James K. Gray, O.C. J G (Jeff) Lawson J.G. Randolph M. Charron Elson J. McDougald J. Cameron Bailey John M. Hooks Myron Tetreault the tough keep growing. Key Personnel John Hooks - President, CEO & Director Cameron M. Ritchie,, Sr. VP Finance & CFO Mike Buker, Sr. VP Business Deve
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