Phx Energy Services Corp. · TSX:PHX
Phx Energy Services — CAPP Scotiabank Investment Symposium 2017
11 slides from Phx Energy Services's conference presentation, Apr 11, 2017
Slide 1: CAPP Scotiabank Investment Symposium 2017
CAPP SCOTIABANK INVESTMENT SYMPOSIUM 2017 APRIL 11 & 12, 2017
Slide 2: Forward-Looking Statements
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: Financial Results
Financial Results Three-Month Period ended December 31, Twelve-Month Period ended December 31, Stated in thousands of dollars except per unit amounts, percentages and operating days 2016 2015 % Chg 2016 2015 % Chg Operating Results (unaudited) (unaudited) (unaudited) (unaudited) Revenue 46,629 56,13
Slide 4: Entering 2017
Entering 2017 As industry conditions are improving, PHX Energy is positioned to leverage competitive advantages to gain market share, expand margins and outperform – A leader in creating drilling efficiency and outperforming at the well site We have remained strategically focused on developing d
Slide 5: Focus on Efficiency Gains
Focus on Efficiency Gains Directional drilling operations have a very large impact on overall drilling efficiency PHX Energy’s long term objectives have been focused on being a leader in developing solutions that increase well site efficiency and reduce operating costs – Remote operations that r
Slide 6: Velocity Operations Update
Velocity Operations Update Over 2,700 downhole runs in the most active basins across North America Today we are operating Velocity for the most active operators in all key North American basins Velocity is producing additional market share gains in these basins for PHX Energy Currently, Veloci
Slide 7: Diversifying PHX Energy with Stream
Diversifying PHX Energy with Stream A new growth platform with attractive returns – Low capital requirement to expand – Attractive sector with minimal competitors At the end of 2016 Stream was operating at maximum capacity – 30 rigs in Canada – Intend to increase Stream’s job capacity to 70 in 2
Slide 8: Performance Drilling Motor Development
Performance Drilling Motor Development Engineering efforts are focused on developing one of the most powerful performance drilling motors on the market – Further adding to our suite of differentiating technology Our new design is one of the most rugged and reliable in the market and will offer a
Slide 9: Introducing Connect
Introducing Connect PHOENIX DEVELOPED A PROPRIETARY SOFTWARE APPLICATION ENABLING AUTOMATED DRILLING OPERATIONS WITH REMOTE SUPPORT TWO-WAY WELESITE GOMMUNIGATION D Wy CONNEET DESH TOP SERVER APPLIGATIONS
Slide 10: Connect Powers Remote Drilling Center
Connect Powers Remote Drilling Center Client’s remote directional drilling center is powered by Connect – They can view multiple rigs at one time Directional drillers and MWD operators on location can be reduced – Opportunity to deploy 1 MWD operator for every 2 rigs in the field and have all ot
Slide 11: Capitalize on Market Improvement
Capitalize on Market Improvement PHX Energy is positioned to thrive in “new” market and provide unmatched performance with disruptive technology Ability to operate at a lower cost is vital for generating positive cash flow – Prudent balance sheet management is our main focus – Downturn has creat
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