Phx Energy Services Corp. · TSX:PHX
Phx Energy Services — Phoenix Technology Income Fund — Investor Presentation (January 2009)
5 slides from Phx Energy Services's investor presentation, Jan 29, 2009
Slide 1: Deliberate Direction
Deliberate Direction January 29, 2009 Forward-Looking Statements Some matters discussed in this presentation may be considered to be forward-looking statements. Such statements include declarations regarding management’s management s intent, belief or current expectations. Prospective investors are
Slide 2: Description of Trust
Description of Trust • Provides horizontal and directional drilling services and technology in Canada and US.US • Develops and manufactures proprietary drilling guidance systems. • Strong foundation to reward shareholders with distributions and shareholder value. Market Data PHX.UN As of January 27,
Slide 3: Recent Highlights / Challenges Ahead
Recent Highlights • April 20, 2008 • Phoenix Ph i announced d a 31% increase i off distributions effective for May 2008. • May 27, 2008 • Bought deal financing agreement completed and resulted in proceeds of $17 million. • September 30, 2008 • Announced record operational and financial resutlts for
Slide 4: What We Did / What We Will Do
What We Did • Maintained strong balance sheet with no debt while increasing capital expenditures to record levels. • Diversified operating locations by focusing on organic growth. • Focused on developing new technology and manufacturing at low capital costs. • Maintained low distribution payout rati
Slide 5: Concentrated Expansion / Financial Highlights
Concentrated Expansion Legend • Previous locations • 2008 Growth • Future Growth AB SK Calgary Estevan Traverse City WY Continued customer Casper Denver MI focus through increased CO VA Virginia sales force and Forth Worth FAYETTEVILLE HAINESVILLE operational expertise. Houston TX Financial Highligh
Phoenix Technology Income Fund — Investor Presentation (January 2009) on 6ix