Key Energy Services Inc · OTC:KEGX
Key Energy Services — Global Hunter Securities GHS 100 Energy Conference 2013
19 slides from Key Energy Services's conference presentation, Jun 25, 2013
Slide 1: Global Hunter Securities GHS 100 Energy Conference
Global Hunter Securities GHS 100 Energy Conference June 26, 2013 Dick Alario Chairman, President and Chief Executive Officer
Slide 2: Safe Harbor Language
Safe Harbor Language This presentation and related commentary may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements as to matters that are not of historic fact are forward-looking statements. These forward-looking statemen
Slide 3: 2Q 2013 Operations Update
Pricing for U.S. services generally stable compared to 1Q 2013 U.S. Segment experiencing seasonal revenue growth in 2Q as anticipated Fluid Management Services restructuring progressing well Expect to average approximately 16 active rigs in Mexico in 2Q Relocation of rigs from Mexico's ATG field und
Slide 4: Service Offering
Service Offering Wellbore Cleanout Rig Services Heavy Workover Horizontal Well Completions Re-completions Specialty Drilling Repair & Maintenance Plugging & Abandonment Fluid Management Services Fluid Transportation Fluids Disposal Storage Tank Rental Total Field Fluid Logistics Management Fresh & B
Slide 5: Key's Global Presence
Key's Global Presence Globally recognized franchise of safe, consistent and reliable job execution with a broad customer base. Well Servicing Workover Drilling & Completion Fluid Management Coiled Tubing Fishing & Rental Frac Stack Rental Well Testing Well Servicing Workover Drilling & Completion Re
Slide 6: U.S. Market
U.S. Market Source: Smith Bits, 1/1/2009 through 3/29/2013. Drilling Rig Count Horizontal Rig Count Oil Markets (~85%) Gas Markets (~15%) Eagle Ford Bakken California Other Gas Haynesville Permian Other Oil ~10% ~5% ~15% ~25% ~45% Key's estimated 2013 1Q Revenue split by market 6
Slide 7: Growing Backlog of Potential Horizontal Well Interventions
Growing Backlog of Potential Horizontal Well Interventions The secular growth in producing horizontal wells should lead to increased demand for Key's higher capability workover rigs and higher well intervention service intensity. 550 HP Rig with 116' Derrick and 425 HP Rig with 102' Derrick 7
Slide 8: U.S. Revenue Potential for Underutilized Assets
U.S. Revenue Potential for Underutilized Assets We believe there is approximately 25% to 30% additional U.S. revenue potential if Key's existing service capacity were operating at effective full utilization levels of 90%. 8
Slide 9: Oil Well Life Cycle Exposure
Oil Well Life Cycle Exposure Key's growing toolbox of service solutions deliver value throughout the well's life cycle. Rig Services Coiled Tubing Services Fluid Management Services Fishing & Rental Services Drill & Complete Production Abandonment Horizontal well completions Specialty fit-for-purpos
Slide 10: International Markets
International Markets Heavy Workover Rig in Mexico Key has generated strong international growth. 10
Slide 11: Well Interventions Drive Value
Well Interventions Drive Value Key's well intervention activity contributes to production growth in PEMEX's ATG asset. 11
Slide 12: Peer Leading Safety Performance
Peer Leading Safety Performance We believe Key's safety leadership drives customer and shareholder value. 12
Slide 13: Investment Rationale
Operating leverage: U.S. well completions activity - oil or gas Growing horizontal well inventory International fields facing production declines Best in class rig-based well completion / production services franchise Investment Rationale 13 Sufficient assets to grow revenue with minimal capital
Slide 14: Appendix
Appendix (Key
Slide 15: Appendix - The KeyView System
Appendix - The KeyView(r) System The KeyView (r) System is a proprietary technology that provides equipment-verified data to achieve enhanced operational IQ. Patented system with job activity monitoring, recording capabilities and automated controls that provides operators with an "intelligent" rig
Slide 16: Appendix - Class 4, HP Heavy Workover Rig
Appendix - Class 4, 500 HP Heavy Workover Rig 16
Slide 17: Appendix - Class 5, 1,000 HP Modular Completion Rig
Appendix - Class 5, 1,000 HP Modular Completion Rig 17
Slide 18: Appendix - Extended Reach Coiled Tubing Unit
Appendix - Extended Reach Coiled Tubing Unit 18
Slide 19: Appendix - Frac Stack Equipment Layout
Appendix - Frac Stack Equipment Layout 19
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