Energy & Technology Corp. · OTC:ENGT
Energy & Technology — Investor Presentation (June 2011)
20 slides from Energy & Technology's investor presentation, Jun 13, 2011
Slide 1: The Engineer's Dream
ENERGY & TECHNOLOGY, ECHNOLOGY, CORP. AND TECHNICAL INDUSTRIES GROUP OF COMPANIES “ Your best choice in oilfield engineering, inspection, pipe and supplies” . The Engineer’s Dream
Slide 2: Energy & Technology, Corp.
. ENGT is an oilfield service company that provides engineering, manufacturing, threading, and non-destructive testing (NDT) services for oilfield pipe, equipment and vessels. ENGT also sells pipe through its Energy Pipe subsidiary. Headquartered in Lafayette, Louisiana with production facilities in
Slide 3: Company history and listing
. ENGT subsidiary Technical Industries, Inc. has provided specialized pipe services to the oil and gas industry since 1971 Current management team assumed control in 1998 and took ENGT public in 2008 Currently trades on the US stock market under the symbol: ENGT Common stock outstanding at 03/01/11
Slide 4: Four primary divisions
. ENGT INCLUDES FOUR PRIMARY DIVISIONS: Technical Industries, Inc. Develops, manufactures and operates the latest inspection technology including the VisonArrayTM 3D imaging system needed to reach deeper energy reserves Energy Technology Threading, LLC Offers threading and machining of oilfield pipe
Slide 5: Technical Industries Division
. The Technical Industries Division performs non-destructive testing (NDT) of oilfield pipe, drilling equipment and vessels as well as offering storage and servicing of pipe -Includes proprietary state-of-the-art testing methods to examine pipe and equipment Manufactures Mill, in-plant, and mobile N
Slide 6: Proprietary NDT systems
. Technical Industries manufactures its own proprietary NDT systems -Performs ultrasonic, electromagnetic and other types of inspection -Includes proprietary software integrated into the final assembly -Layout and design of the system’s physical components and incorporated software are produced and
Slide 7: Patented VisonArray inspection technology
. Awarded a US patent in 2007 for the development of specialized testing procedures for drillpipe, tubing, casing, line pipe and marine risers utilized by E&P companies -Enables access to deep energy reserves with new patented VisonArrayTM inspection technology Developed new expandable pipe and casi
Slide 8: Proprietary inventory control system
. Technical Industries proprietary inventory control system allows clients to track the exact location of every joint of their pipe in the yard from anywhere in the world in real time. Clients can also monitor current inspection jobs in progress and download detailed inspection reports on completed
Slide 9: Energy Technology Threading
. Excellent complement to NDT business Threading equipment operates in conjunction with inspection line -Provides additional services to customers for low increased cost Initiated possible joint venture with Halliburton to build plant adjacent to ENGT Houston facility to install Protech centralizers
Slide 10: Energy Pipe
. Goal is to offer best pipe for the best price - Includes sales of OCTG (tubing and casing), drill stems, line pipe, and oil and gas pipe - Maintains extensive inventory of drill pipe, casings and other specialty tubular. Currently operates from ENGT Houston facility - Also stores and maintains inv
Slide 11: Energy & Technology Corp. equipment sales
. Provides rigs, pumps, sucker rods, workover rigs, tools and other oilfield accessories Executes demand for most equipment on a special order basis Current target market is Gulf of Mexico and Middle East through existing company contacts and customers Plans to provide maintenance and parts support
Slide 12: Diverse Base of Over 50 Active Clients
. Diverse Base of Over 50 Active Clients Energy & Technology, Corp.
Slide 13: Energy & Technology, Corp.
. . Energy & Technology, Corp.
Slide 14: Growth strategy: sales and new services
. Increase sales force to aggressively market services and pipe and equipment sales - Historically growth has been from customer referrals while company has maintained a consistent backlog Introduce complementary services - Adding new services in response to existing customer demand - Recently added
Slide 15: Growth strategy: expansion and acquisitions
. Expand geographically to key growth markets with new ENGT facilities - Duplicate the Houston facility in other strong demand areas - Considering sites in Middle East, China and Canada - Each facility would cost approximately $10M and would include threading and Halliburton/Protech plant per JV Acq
Slide 16: Operations management
. OPERATIONS George Sfeir President and Chief Executive Officer - 37 years of industry experience - Strong background in NDT - Served as consultant to the Company since 1980 - Named CEO in 1998 - Worked with companies in the Middle East, North and South America and Africa doing oil and gas field ins
Slide 17: Finance and administration
. FINANCE AND ADMINISTRATION Amer Salhi Chief Financial Officer and Corporate Secretary - International accounting background and MBA - Joined company in 2007 - Named Corporate Secretary in 2008 and CFO in 2009 Edmund Baudoin, Jr. Treasurer - 32 years of industry experience - Business administration
Slide 18: Revenue, income from operations and net income
Revenue in $1,000's | $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $0 @Revenue Income from Operations Net Income Energy & Technology, Corp.
Slide 19: Investment summary
. Enhancing its leadership position in NDT inspection technology through successful applications in major drilling projects for its strong customer base Achieving attractive growth in NDT revenue even during downturn Responding to growing NDT demand created by industry trend toward deeper, more expe
Slide 20: Contact and Safe Harbor Statement
. George Sfeir Safe Harbor Statement President and CEO This presentation includes “forward looking statements” within the meaning of Section 27A of Chris Johnson the Securities Act of 1933, as amended, and Investor Relations Section 21 E of the Securities Exchange Act of 1934, as amended. All statem
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