ENSERVCO provides forward-looking statements about its future performance that are dependent on certain factors outside of its control. The accuracy of these statements cannot be guaranteed as the company faces various risks that could significantly impact its projections. ENSERVCO disclaims any obligation to update its forward-looking statements. [END SUMMARY]
The document discusses ENSERVCO, an oilfield services company, and contains forward-looking statements about its future performance and growth strategy. ENSERVCO provides well completion and stimulation services across several regions using equipment like frac heaters and hot oilers. The company has expanded into active shale basins like the Marcellus, Bakken, and Niobrara through new operations centers and building customer bases with exploration and production companies.
Whiting Petroleum Corporation reported on several drilling operations in the Bakken and Permian basins. A well in the Sanish field in North Dakota had an initial flow rate of 2,594 BOE. Another well in the same field had an IP of 3,293 BOE/D. The company's first horizontal well in the Big Tex prospect in Texas was producing 788 BOE per day. The presentation provided an overview of the company, its operations map, recent well results, and prospect areas in the Bakken and Three Forks formations.
Cequence energy announces_operations_update_feb_20161Julian Majic
Cequence Energy announces positive operating results from its recent wells. Its Simonette Montney well produced an average of 1,800 boe/d and showed a high initial condensate yield, indicating potential in the western portion of Simonette. A Dunvegan oil well exceeded forecasts, producing 47,000 bbls in its first 150 days. Cequence increased the length of future Simonette wells and expects cost savings through pad drilling. Capital expenditures in the first half of 2016 will be limited while the company examines options to maximize shareholder value.
El Paso Corporation provides natural gas and related energy products across North America. It has two core businesses: interstate pipelines and exploration and production. The company has a $3 billion growth backlog for its pipeline business and expects 6-8% annual EBIT growth. Its E&P business is focused on resource plays in the US and exploration internationally. El Paso expects 8-12% annual production growth through high-grading its portfolio and $1.7 billion capital investment in 2008. It enters the year with solid hedge positions on natural gas and oil.
El Paso Corporation provides natural gas and related energy products safely and reliably. The company focuses on developing a positive culture as the place to work, neighbor to have, and company to own. El Paso's interstate pipelines are the cornerstone of its business, with the largest franchise in the U.S., $2.2 billion in new projects, and expected 4-6% annual growth. The company plans to launch an MLP IPO for part of its pipeline business in the fourth quarter of 2007.
el paso 09_04LehmanBrothersConference_FINALfinance49
El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company focuses on developing a culture where it is the best place to work, a good neighbor, and a company worth owning. El Paso has leading positions in interstate pipelines and exploration and production. The interstate pipelines are the cornerstone of the company and provide stable earnings growth. El Paso is also improving its exploration and production business through portfolio upgrades and increased drilling activity. The company is making financial progress through debt reduction and expects an excellent outlook.
1) Encana signed an agreement to establish a joint venture with PetroChina through the sale of a 50% interest in its Cutbank Ridge assets for $5.4 billion Canadian dollars.
2) The joint venture will help unlock the large natural gas resource potential on the Cutbank Ridge lands through increased investment and development.
3) The deal represents 255 million cubic feet per day of current production, 1 trillion cubic feet of proved reserves, and over 635,000 net acres of land in British Columbia and Alberta.
The document discusses ENSERVCO, an oilfield services company, and contains forward-looking statements about its future performance and growth strategy. ENSERVCO provides well completion and stimulation services across several regions using equipment like frac heaters and hot oilers. The company has expanded into active shale basins like the Marcellus, Bakken, and Niobrara through new operations centers and building customer bases with exploration and production companies.
Whiting Petroleum Corporation reported on several drilling operations in the Bakken and Permian basins. A well in the Sanish field in North Dakota had an initial flow rate of 2,594 BOE. Another well in the same field had an IP of 3,293 BOE/D. The company's first horizontal well in the Big Tex prospect in Texas was producing 788 BOE per day. The presentation provided an overview of the company, its operations map, recent well results, and prospect areas in the Bakken and Three Forks formations.
Cequence energy announces_operations_update_feb_20161Julian Majic
Cequence Energy announces positive operating results from its recent wells. Its Simonette Montney well produced an average of 1,800 boe/d and showed a high initial condensate yield, indicating potential in the western portion of Simonette. A Dunvegan oil well exceeded forecasts, producing 47,000 bbls in its first 150 days. Cequence increased the length of future Simonette wells and expects cost savings through pad drilling. Capital expenditures in the first half of 2016 will be limited while the company examines options to maximize shareholder value.
El Paso Corporation provides natural gas and related energy products across North America. It has two core businesses: interstate pipelines and exploration and production. The company has a $3 billion growth backlog for its pipeline business and expects 6-8% annual EBIT growth. Its E&P business is focused on resource plays in the US and exploration internationally. El Paso expects 8-12% annual production growth through high-grading its portfolio and $1.7 billion capital investment in 2008. It enters the year with solid hedge positions on natural gas and oil.
El Paso Corporation provides natural gas and related energy products safely and reliably. The company focuses on developing a positive culture as the place to work, neighbor to have, and company to own. El Paso's interstate pipelines are the cornerstone of its business, with the largest franchise in the U.S., $2.2 billion in new projects, and expected 4-6% annual growth. The company plans to launch an MLP IPO for part of its pipeline business in the fourth quarter of 2007.
el paso 09_04LehmanBrothersConference_FINALfinance49
El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company focuses on developing a culture where it is the best place to work, a good neighbor, and a company worth owning. El Paso has leading positions in interstate pipelines and exploration and production. The interstate pipelines are the cornerstone of the company and provide stable earnings growth. El Paso is also improving its exploration and production business through portfolio upgrades and increased drilling activity. The company is making financial progress through debt reduction and expects an excellent outlook.
1) Encana signed an agreement to establish a joint venture with PetroChina through the sale of a 50% interest in its Cutbank Ridge assets for $5.4 billion Canadian dollars.
2) The joint venture will help unlock the large natural gas resource potential on the Cutbank Ridge lands through increased investment and development.
3) The deal represents 255 million cubic feet per day of current production, 1 trillion cubic feet of proved reserves, and over 635,000 net acres of land in British Columbia and Alberta.
This document provides an earnings presentation by Sandridge Energy for Q3 2016. It includes cautionary statements about forward-looking projections. The presentation summarizes Sandridge's operational strategy of focusing on high-return projects from its Mid-Continent assets while diversifying into long-term growth from its large North Park Niobrara position. It provides details on improved drilling economics in both areas, highlighting initial positive results from extended laterals in the Niobrara. The presentation also outlines Sandridge's reorganized capital structure and liquidity following its bankruptcy restructuring and concludes with operational and capital expenditure guidance for 2016.
2014 05-16 update on may 2014 mlp conference v5CypressEnergy
The document provides an overview of Cypress Energy Partners, L.P., which operates in two segments: pipeline inspection and integrity services (PI&IS), and water and environmental services (W&ES). PI&IS provides pipeline inspection and integrity services through Tulsa Inspection Resources. W&ES owns and operates saltwater disposal facilities and provides water handling services to oil and gas producers. Cypress has facilities in active regions like the Bakken and Permian basins. The document discusses the companies, markets, competitive landscape, growth opportunities, and highlights increasing production and regulation driving demand for both segments.
Sandridge Energy presented its operational plan and investment thesis. Key points include:
- Focus on high-grading its Mid-Continent assets and appraising new zones while developing its North Park Niobrara acreage position.
- North Park Niobrara drilling is showing encouraging early results and potential upside through extended laterals and additional benches.
- The company has a strong balance sheet, $536 million in liquidity, and minimal covenants following its restructuring providing financial flexibility.
EMA 2009 - 2012 & Beyond: Operating in a Carbon Constrained Environment -...fijigeorge
Presentation reviews potential legislative and regulatory issues that could impact operations of a natural gas company. Also, provides organizational response to upcoming carbon legislation/regulation
Doug Foshee, President and CEO of Lehman Brothers, presented at the CEO Energy/Power Conference on September 7, 2006. In the presentation, Foshee summarized El Paso Corporation's mid-year performance, noting the pipelines business was having a terrific year with excellent financial results and expansion opportunities, while E&P was performing better than anticipated despite hurricane-related disruptions. Foshee also stated debt reduction was on track. Overall, El Paso's performance for the first half of 2006 was solid.
El Paso Corporation is a natural gas pipeline and energy company that operates over 42,000 miles of interstate pipelines across the United States. The company has committed to assessing, engaging, and acting on greenhouse gas emissions and climate change issues through oversight at the board level, reporting to organizations like the Carbon Disclosure Project, and certifying its emissions through the California Climate Action Registry. El Paso aims to design its proposed $3 billion Ruby Pipeline project to approach carbon neutrality through techniques like using electric compression, implementing methane management best practices, and offsetting remaining emissions.
Jim Yardley, president of a pipeline group, presented at a conference on the natural gas pipeline outlook. He discussed several challenges facing the industry, including ensuring adequate gas supply for the US, building needed infrastructure given rising costs and workforce issues, determining gas's role in greenhouse gas policy, and maintaining safety in pipeline operations and damage prevention. While there are significant opportunities, meeting these challenges will be important for the continued delivery of gas safely and reliably.
Teekay Corporation - 2012 Investor Day Overview and Financial UpdateTeekay Corporation
Teekay Corporation held an investor day on June 18, 2012 to provide an overview and strategy update. The presentation contained forward-looking statements and discussed tanker, offshore, and LNG market fundamentals. It also reviewed Teekay's business priorities of growing its net asset value per share through increasing the value of its publicly-traded subsidiaries, developing new projects, and focusing on costs and profitability across its existing assets.
The document summarizes upcoming events for the SPE Permian Basin section in December 2018 and January 2019, including study group meetings, volunteer events, and section meetings. It also provides details on "Frac Month" scheduled for February 2019, which will host multiple events focused on hydraulic fracturing applications in the Permian Basin. Additionally, the document summarizes the chairman's remarks on current oil price fluctuations and challenges facing the industry, and promotes upcoming section meetings in January and February featuring speakers on horizontal well development and hydraulic fracturing topics.
El Paso Corporation is a major natural gas company that owns pipelines and conducts exploration and production. The presentation discusses the implications of carbon regulation for natural gas companies and El Paso's strategies. Regulations could significantly increase costs for natural gas. El Paso aims to make its new Ruby Pipeline project carbon neutral through offsets, efficiency measures, and allowing trading. The company also commits to assessing and reducing its emissions footprint to prepare for a carbon constrained future. Natural gas may play a bridging role but its role depends on regulation stringency and other energy sources.
The document discusses Crestwood Midstream Partners LP and Crestwood Equity Partners LP. It provides an overview of the companies, highlights key investor metrics like 2017 adjusted EBITDA guidance and leverage ratios, and outlines growth initiatives focused on the Bakken, Delaware Permian, and Marcellus regions. Specific projects discussed that will drive growth in 2018 and beyond include the Nautilus gathering system, Bear Den processing plants, and the Orla processing plant.
The document provides an overview of Antero Resources Corporation. It discusses forward-looking statements and risks associated with the estimates and projections. It also highlights key aspects of Antero's recent acquisition including the addition of 66,500 net acres and over 5 trillion cubic feet of reserves for $546 million. The acquisition significantly increases Antero's drilling inventory in the Marcellus shale play with attractive well economics.
Cobre del Mayo operates the Piedras Verdes open-pit copper mine in Mexico. It produces copper cathode through leaching and sells ore to Kupari Metals, which operates a flotation plant. In the fourth quarter of 2016, Cobre del Mayo's cathode sales increased 11.3% compared to the previous year due to a 10% increase in copper prices. Its C1 cash cost increased 4.6% to $2.35 per pound of copper, remaining below the realized copper price of $2.44 per pound. An updated reserve report estimates the mine life is 14 years with proven and probable reserves of 846,000 tons of copper.
James C. Yardley, President and CEO of El Paso Pipeline GP Company, gave a presentation at the IPAA MLP Conference on January 17, 2008. He discussed El Paso Corporation's pipeline assets and its formation of El Paso Pipeline Partners, an MLP. El Paso Pipeline Partners had a successful IPO in November 2007 and owns interests in Wyoming Interstate Company, Colorado Interstate Gas, and Southern Natural Gas pipelines. The presentation highlighted the stable cash flows, growth opportunities, and experienced management of El Paso Pipeline Partners.
This presentation by Barry Davis, President and CEO of NAPTP, provides an overview of NAPTP and forward-looking statements. It discusses non-GAAP financial measures used by EnLink Midstream such as adjusted EBITDA, gross operating margin, and segment cash flows. It then summarizes EnLink Midstream's assets including gas gathering pipelines, processing plants, NGL transportation and fractionation facilities. Finally, it provides brief biographies of members of EnLink Midstream's management team.
Cobre del Mayo is a Mexican mining company that operates the Piedras Verdes copper mine in Sonora, Mexico. The mine produces copper cathode and sells higher grade ore to Kupari Metals for processing. In the first quarter of 2017, Cobre del Mayo's copper cathode sales increased 44.1% compared to the same period in 2016. It also paid its May 2017 interest payment on senior secured notes, with 50% paid through a PIK payment and 50% in cash. Cobre del Mayo entered a hedge agreement in March 2017 to sell fixed-price copper cathode through December 2017.
This document is an investor presentation for ENSERVCO that contains forward-looking statements about the company's expected future performance. The presentation provides an overview of ENSERVCO's business as the leading national provider of well stimulation and fluid management services to the oil and gas industry. It also includes recent financial results, stock performance data, a list of institutional shareholders, and cautions that any forward-looking statements are subject to risks beyond the company's control.
The curriculum vitae outlines Robert Boman's 33 years of experience in wellsite supervision, completion and workover operations, project management, and safety leadership. He has extensive experience supervising vertical, directional, and horizontal wells up to 6,000m depth. Boman has worked for several oil and gas companies, most recently as a wellsite supervisor for Encana from 2012 to 2016 where he managed multi-well pad completions. He has a proven track record of safely executing completions and workover programs on time and on budget.
This document contains a presentation from ENSERVCO, a provider of well stimulation and fluid management services. The presentation includes forward-looking statements about ENSERVCO's expectations for future performance that are dependent on various factors and cannot be guaranteed. It also notes that ENSERVCO's ability to answer questions is limited by Regulation FD, which prohibits selective disclosure of material non-public information. The presentation provides an overview of ENSERVCO's business, growth opportunities in unconventional oil and gas plays, and financial performance.
This document summarizes 12 years of high-temperature fracturing operations in the Bach Ho offshore oil field in Vietnam. Over 60 fracturing treatments were performed successfully, increasing productivity by an average of 5 times. Diagnostic tests were used to determine closure pressures and design optimal fracturing treatments. Abnormally high initial surface pressures were attributed to stress concentration effects. Larger fracturing jobs with more proppant pumped resulted in higher increases in productivity. Acidizing also improved productivity in some zones, but propped fracturing worked best in most areas and increased productivity more substantially.
Amanda Townsend received a Certificate of Completion from PetroSkills for participating in the course "Acidizing Applications in Sandstones and Carbonates - ASC" on May 6th, 2015. The certificate acknowledges her attendance and successful completion of the 1 hour training course. It was issued by Halliburton University.
The document discusses ENSERVCO, a leading provider of well stimulation and fluid management services to oil and gas companies. ENSERVCO operates frac heating, hot oiling, acidizing, fluid hauling, disposal, and construction services across several major oil and gas fields in the U.S. The presentation contains forward-looking statements about ENSERVCO's performance and notes various risks that could impact its projected results.
This document provides an earnings presentation by Sandridge Energy for Q3 2016. It includes cautionary statements about forward-looking projections. The presentation summarizes Sandridge's operational strategy of focusing on high-return projects from its Mid-Continent assets while diversifying into long-term growth from its large North Park Niobrara position. It provides details on improved drilling economics in both areas, highlighting initial positive results from extended laterals in the Niobrara. The presentation also outlines Sandridge's reorganized capital structure and liquidity following its bankruptcy restructuring and concludes with operational and capital expenditure guidance for 2016.
2014 05-16 update on may 2014 mlp conference v5CypressEnergy
The document provides an overview of Cypress Energy Partners, L.P., which operates in two segments: pipeline inspection and integrity services (PI&IS), and water and environmental services (W&ES). PI&IS provides pipeline inspection and integrity services through Tulsa Inspection Resources. W&ES owns and operates saltwater disposal facilities and provides water handling services to oil and gas producers. Cypress has facilities in active regions like the Bakken and Permian basins. The document discusses the companies, markets, competitive landscape, growth opportunities, and highlights increasing production and regulation driving demand for both segments.
Sandridge Energy presented its operational plan and investment thesis. Key points include:
- Focus on high-grading its Mid-Continent assets and appraising new zones while developing its North Park Niobrara acreage position.
- North Park Niobrara drilling is showing encouraging early results and potential upside through extended laterals and additional benches.
- The company has a strong balance sheet, $536 million in liquidity, and minimal covenants following its restructuring providing financial flexibility.
EMA 2009 - 2012 & Beyond: Operating in a Carbon Constrained Environment -...fijigeorge
Presentation reviews potential legislative and regulatory issues that could impact operations of a natural gas company. Also, provides organizational response to upcoming carbon legislation/regulation
Doug Foshee, President and CEO of Lehman Brothers, presented at the CEO Energy/Power Conference on September 7, 2006. In the presentation, Foshee summarized El Paso Corporation's mid-year performance, noting the pipelines business was having a terrific year with excellent financial results and expansion opportunities, while E&P was performing better than anticipated despite hurricane-related disruptions. Foshee also stated debt reduction was on track. Overall, El Paso's performance for the first half of 2006 was solid.
El Paso Corporation is a natural gas pipeline and energy company that operates over 42,000 miles of interstate pipelines across the United States. The company has committed to assessing, engaging, and acting on greenhouse gas emissions and climate change issues through oversight at the board level, reporting to organizations like the Carbon Disclosure Project, and certifying its emissions through the California Climate Action Registry. El Paso aims to design its proposed $3 billion Ruby Pipeline project to approach carbon neutrality through techniques like using electric compression, implementing methane management best practices, and offsetting remaining emissions.
Jim Yardley, president of a pipeline group, presented at a conference on the natural gas pipeline outlook. He discussed several challenges facing the industry, including ensuring adequate gas supply for the US, building needed infrastructure given rising costs and workforce issues, determining gas's role in greenhouse gas policy, and maintaining safety in pipeline operations and damage prevention. While there are significant opportunities, meeting these challenges will be important for the continued delivery of gas safely and reliably.
Teekay Corporation - 2012 Investor Day Overview and Financial UpdateTeekay Corporation
Teekay Corporation held an investor day on June 18, 2012 to provide an overview and strategy update. The presentation contained forward-looking statements and discussed tanker, offshore, and LNG market fundamentals. It also reviewed Teekay's business priorities of growing its net asset value per share through increasing the value of its publicly-traded subsidiaries, developing new projects, and focusing on costs and profitability across its existing assets.
The document summarizes upcoming events for the SPE Permian Basin section in December 2018 and January 2019, including study group meetings, volunteer events, and section meetings. It also provides details on "Frac Month" scheduled for February 2019, which will host multiple events focused on hydraulic fracturing applications in the Permian Basin. Additionally, the document summarizes the chairman's remarks on current oil price fluctuations and challenges facing the industry, and promotes upcoming section meetings in January and February featuring speakers on horizontal well development and hydraulic fracturing topics.
El Paso Corporation is a major natural gas company that owns pipelines and conducts exploration and production. The presentation discusses the implications of carbon regulation for natural gas companies and El Paso's strategies. Regulations could significantly increase costs for natural gas. El Paso aims to make its new Ruby Pipeline project carbon neutral through offsets, efficiency measures, and allowing trading. The company also commits to assessing and reducing its emissions footprint to prepare for a carbon constrained future. Natural gas may play a bridging role but its role depends on regulation stringency and other energy sources.
The document discusses Crestwood Midstream Partners LP and Crestwood Equity Partners LP. It provides an overview of the companies, highlights key investor metrics like 2017 adjusted EBITDA guidance and leverage ratios, and outlines growth initiatives focused on the Bakken, Delaware Permian, and Marcellus regions. Specific projects discussed that will drive growth in 2018 and beyond include the Nautilus gathering system, Bear Den processing plants, and the Orla processing plant.
The document provides an overview of Antero Resources Corporation. It discusses forward-looking statements and risks associated with the estimates and projections. It also highlights key aspects of Antero's recent acquisition including the addition of 66,500 net acres and over 5 trillion cubic feet of reserves for $546 million. The acquisition significantly increases Antero's drilling inventory in the Marcellus shale play with attractive well economics.
Cobre del Mayo operates the Piedras Verdes open-pit copper mine in Mexico. It produces copper cathode through leaching and sells ore to Kupari Metals, which operates a flotation plant. In the fourth quarter of 2016, Cobre del Mayo's cathode sales increased 11.3% compared to the previous year due to a 10% increase in copper prices. Its C1 cash cost increased 4.6% to $2.35 per pound of copper, remaining below the realized copper price of $2.44 per pound. An updated reserve report estimates the mine life is 14 years with proven and probable reserves of 846,000 tons of copper.
James C. Yardley, President and CEO of El Paso Pipeline GP Company, gave a presentation at the IPAA MLP Conference on January 17, 2008. He discussed El Paso Corporation's pipeline assets and its formation of El Paso Pipeline Partners, an MLP. El Paso Pipeline Partners had a successful IPO in November 2007 and owns interests in Wyoming Interstate Company, Colorado Interstate Gas, and Southern Natural Gas pipelines. The presentation highlighted the stable cash flows, growth opportunities, and experienced management of El Paso Pipeline Partners.
This presentation by Barry Davis, President and CEO of NAPTP, provides an overview of NAPTP and forward-looking statements. It discusses non-GAAP financial measures used by EnLink Midstream such as adjusted EBITDA, gross operating margin, and segment cash flows. It then summarizes EnLink Midstream's assets including gas gathering pipelines, processing plants, NGL transportation and fractionation facilities. Finally, it provides brief biographies of members of EnLink Midstream's management team.
Cobre del Mayo is a Mexican mining company that operates the Piedras Verdes copper mine in Sonora, Mexico. The mine produces copper cathode and sells higher grade ore to Kupari Metals for processing. In the first quarter of 2017, Cobre del Mayo's copper cathode sales increased 44.1% compared to the same period in 2016. It also paid its May 2017 interest payment on senior secured notes, with 50% paid through a PIK payment and 50% in cash. Cobre del Mayo entered a hedge agreement in March 2017 to sell fixed-price copper cathode through December 2017.
This document is an investor presentation for ENSERVCO that contains forward-looking statements about the company's expected future performance. The presentation provides an overview of ENSERVCO's business as the leading national provider of well stimulation and fluid management services to the oil and gas industry. It also includes recent financial results, stock performance data, a list of institutional shareholders, and cautions that any forward-looking statements are subject to risks beyond the company's control.
The curriculum vitae outlines Robert Boman's 33 years of experience in wellsite supervision, completion and workover operations, project management, and safety leadership. He has extensive experience supervising vertical, directional, and horizontal wells up to 6,000m depth. Boman has worked for several oil and gas companies, most recently as a wellsite supervisor for Encana from 2012 to 2016 where he managed multi-well pad completions. He has a proven track record of safely executing completions and workover programs on time and on budget.
This document contains a presentation from ENSERVCO, a provider of well stimulation and fluid management services. The presentation includes forward-looking statements about ENSERVCO's expectations for future performance that are dependent on various factors and cannot be guaranteed. It also notes that ENSERVCO's ability to answer questions is limited by Regulation FD, which prohibits selective disclosure of material non-public information. The presentation provides an overview of ENSERVCO's business, growth opportunities in unconventional oil and gas plays, and financial performance.
This document summarizes 12 years of high-temperature fracturing operations in the Bach Ho offshore oil field in Vietnam. Over 60 fracturing treatments were performed successfully, increasing productivity by an average of 5 times. Diagnostic tests were used to determine closure pressures and design optimal fracturing treatments. Abnormally high initial surface pressures were attributed to stress concentration effects. Larger fracturing jobs with more proppant pumped resulted in higher increases in productivity. Acidizing also improved productivity in some zones, but propped fracturing worked best in most areas and increased productivity more substantially.
Amanda Townsend received a Certificate of Completion from PetroSkills for participating in the course "Acidizing Applications in Sandstones and Carbonates - ASC" on May 6th, 2015. The certificate acknowledges her attendance and successful completion of the 1 hour training course. It was issued by Halliburton University.
The document discusses ENSERVCO, a leading provider of well stimulation and fluid management services to oil and gas companies. ENSERVCO operates frac heating, hot oiling, acidizing, fluid hauling, disposal, and construction services across several major oil and gas fields in the U.S. The presentation contains forward-looking statements about ENSERVCO's performance and notes various risks that could impact its projected results.
Evaluation of a systematic approach to matrix acidizing on an oil producing welleSAT Journals
This document summarizes a study that evaluated matrix acidizing operations on oil producing wells. The study aimed to identify causes of acidizing failures and develop a systematic approach to eliminate failures and improve well performance. Key findings from the study include:
- Acidizing is used to remove formation damage near the wellbore and improve productivity. However, acidizing sometimes fails to increase production as predicted due to flow restrictions from acid reaction products, changes in rock wettability, or emulsions.
- The study evaluated production data from three acidized wells and found that treatments reduced skin and increased productivity indices, indicating reduced formation damage. However, stimulation ratios from production rates were sometimes lower than ratios from productivity indices, likely due to post-
ENSERVCO provides well stimulation and fluid management services to oil and gas companies. The presentation discusses ENSERVCO's growth strategy of expanding organically through capital expenditures and acquisitions to diversify its service offerings and revenue streams. It highlights ENSERVCO's competitive advantages as the only national provider of certain well enhancement services and its focus on reducing seasonality. Financial highlights show increasing revenue, profits, and adjusted EBITDA in recent years.
The flow of fluids through these pores is often restricted because of permeability damage in the near-wellbore (NWB) formation. During matrix acidizing, the acid treatment is injected at matrix pressure and staying below formation fracture pressure.
Matrix acidizing of carbonates and silicates are worlds apart.
The document defines acidizing as pumping acid into a wellbore to remove near-well formation damage and other damaging substances, enhancing production by increasing the effective well radius. It then describes various types of acidizing treatments including acid fracs, acid jobs, acid stimulation, matrix acidizing, and matrix stimulation. These involve using reactive acids like hydrochloric acid to dissolve substances in sandstone and carbonate formations, enlarging pore spaces and improving permeability to enable enhanced production of reservoir fluids. The treatments are performed below fracture pressures to penetrate formations without damaging them.
1) Sandstone acidizing involves using acid mixtures to dissolve formation damage and improve permeability in sandstone formations near the wellbore. It aims to remove clay and fine silica particles plugging permeability.
2) The first sandstone acidizing treatment used a mixture of HCl and HF in 1933, but resulted in sand production. Improved practices using tapered HF treatments with HCl preflushes and overflushes were developed in the 1960s.
3) Successful sandstone acidizing requires determining whether removable skin is present, selecting the right fluids and volumes, establishing additive programs, properly placing treatments, executing treatments with quality control, and evaluating results.
The document discusses acid fracturing, which involves injecting acid at pressures greater than the reservoir's fracture pressure. This connects the wellbore to the natural fracture system and improves production from low permeability reservoirs. Acid fracturing is mostly used in carbonate reservoirs, where fractures are initiated using a fracturing fluid pad followed by acid. Conductivity is achieved through etching of rock minerals on the fracture faces. Factors like fluid leak-off, reaction rate, and temperature affect the etched fracture length. Simulation tools can be used to design treatment schedules to optimize fracture conductivity and length based on reservoir properties and fluid characteristics. Acid fracturing faces challenges like fracture closure and requires proper additive selection. It is widely applied in deep, hard carbon
This document contains the professional profile and experience of Mohsen Maddahi, a petroleum engineer based in Iran. It outlines his contact information, skills including process simulation software and languages, education as a petroleum engineer, and work history in various roles for oil and gas companies in Iran. His experience includes well operations, production monitoring, facility commissioning and startup, and process engineering responsibilities.
This is a fully developed simulator capable of numerical simulation of discrete fractures. To our knowledge, this technique has not been previously presented. I would like find partners to develop this for commercial purposes.
An oil operator in Mexico was looking to stimulate production in an open hole section of a well that was not previously producing. Halliburton proposed using a self-positioning tool to perform selective acid stimulation across 14 clusters in the open hole section. This solution improved production, reducing treatment volumes by 63% and increasing oil production by 3,535 barrels per day for the operator.
PetroSync - Fractured Reservoir Modeling with Application to Fractured BasementPetroSync
This course provides a unique opportunity to learn all the aspects related to the understanding and modeling of fractured reservoirs. Participants will gain knowledge of how fractured reservoirs differ from conventional reservoirs, and how to approach their fractured reservoir projects in a systematic manner.
I hope this presentation helps you to understand why we use acidizing process and calculations needed to perform the optimum acidizing .
Any questions contact me at karim.elfarash@std.suezuniv.edu.eg
User guide of reservoir geological modeling v2.2.0Bo Sun
This is the user guide of DepthInsight™ reservoir geological modeling module. For corresponding video tutorials , please visit and subscribe our Youtube channel: https://www.youtube.com/channel/UCjHyG-mG7NQofUWTZgpBT2w
DepthInsight™ software products include modules as follows:
Structure Interpretation
Well and Data Management
Plan Module
Profile Module
Attribute Modeling
Velocity Modeling
Structural Modeling
Reservoir Geological Modeling
Numerical Simulation Gridding
Rock Modeling
Geo-mechanical Modeling
Paleo-Structural Modeling
Enormous Modeling Platform
For more information about our company, Beijing GridWorld Software Technology Co., Ltd., please visit our website: http://gridworld.com.cn/en/
This document outlines the standard workflow for reservoir modeling which involves geological and geophysical interpretation, petrophysics analysis, static and dynamic modeling, and history matching to optimize development and operating strategies. The workflow includes data collection, seismic and well data integration, building geo-frameworks, facies and petrophysical modeling, volumetric calculations, simulation gridding, and history matching to forecast recovery and estimate reserves. The goal is to enable economic and management decisions, develop operating plans, understand recovery mechanisms, and optimize future well locations and production.
This presentation discusses ENSERVCO, a provider of well stimulation and fluid management services to the domestic onshore oil and gas industry. It notes that the presentation contains forward-looking statements about ENSERVCO's future performance that are subject to risks and uncertainties. It also states that ENSERVCO's ability to respond to questions may be limited by Regulation FD, which prohibits selective disclosure of material non-public information. The presentation provides an overview of ENSERVCO's business, leadership team, financial highlights, and the services it offers to oil and gas customers.
This presentation provides an overview of ENSERVCO Corporation, a provider of well-site services to the domestic oil and gas industry. The document summarizes ENSERVCO's record financial results in 2012, expansion into new regions, competitive advantages, growth strategy, leadership team, and positioning to benefit from increasing U.S. energy production. ENSERVCO is the only national provider of services like hot oiling and frac heating and aims to capitalize on the supply/demand imbalance in the oilfield services industry through organic growth and acquisitions.
This presentation by ENSERVCO Corporation provides an overview of the company and its operations. ENSERVCO is a leading provider of well stimulation and fluid management services to the domestic oil and gas industry. The presentation contains forward-looking statements about ENSERVCO's expected future performance and discusses risks that could impact results. It also provides details on ENSERVCO's services, equipment, geographic presence, growth strategy, and financial position.
The document discusses ENSERVCO, a leading provider of well stimulation and fluid management services to domestic oil and gas customers, including frac heating, hot oiling, and acidizing. It outlines ENSERVCO's expansion into new oil and gas basins through acquisitions and investments in additional equipment capacity. Financial information is provided showing ENSERVCO's increasing revenue and gross profit figures in recent years as their operations have grown.
The document discusses ENSERVCO, a leading provider of well stimulation and fluid management services to oil and gas companies. ENSERVCO operates in several of the most active oil and gas fields in the US and derives about half its revenue from recurring maintenance work. The presentation contains forward-looking statements and discusses ENSERVCO's financial performance, services, expansion history, and equipment fleet.
This presentation by ENSERVCO contains forward-looking statements about future performance that cannot be guaranteed due to various risks and uncertainties. ENSERVCO provides well stimulation and fluid management services to oil and gas customers and derives about 50% of revenue from recurring maintenance work. The company has rapidly expanded its geographic footprint to seven major oil and gas fields in response to customer demand.
Since inception, Dejour has consistently seized the advantage of our management team's talent to identify premium assets at optimal timing, and then to monetize those assets for our shareholders.
Dejour provides a corporate presentation summarizing its oil and gas assets and operations. The company holds over 45,000 net acres in the Piceance Basin and over 19,000 net acres in the Peace River Arch region. Dejour expects production to increase to over 1,200 BOE/d in Q3 2015 from existing wells at its Woodrush, Hunter, and Kokopelli projects. The presentation also highlights Dejour's other exploration prospects and provides a financial and corporate overview.
Denbury Resources reported operational and financial results for 3Q17. Production was impacted by Hurricane Harvey but no long-term damage occurred. Denbury is focusing on reducing costs, maximizing asset value, and improving its balance sheet. It has identified opportunities to develop horizontal wells in the Mission Canyon interval of the Cedar Creek Anticline, which could unlock significant resource potential with attractive economics. Total operating costs for the quarter were $21.22 per BOE.
ENSERVCO provides well stimulation and fluid management services to domestic oil and gas companies. The presentation discusses ENSERVCO's growth strategy of expanding organically through capital expenditures and acquisitions to capitalize on increasing demand for its services. Recent acquisitions and a $16 million capital expenditure program have expanded ENSERVCO's fleet and geographic footprint. The outlook is bullish given expectations for continued growth in U.S. tight oil production, where ENSERVCO derives most of its revenue.
The document provides an overview of Cypress Energy Partners, L.P., which offers water and environmental services and pipeline inspection and integrity services to energy companies. It notes that increased U.S. oil and gas production is driving greater demand for saltwater disposal and pipeline inspection. Cypress owns saltwater disposal facilities and has a stake in a pipeline inspection business. The document highlights several growth drivers in the company's end markets like increasing production volumes, water usage, and regulatory scrutiny pushing outsourcing of waste services to specialists.
SandRidge Energy Q1 2017 Earnings PresentationSandRidgeIR
The document is an earnings presentation for SandRidge Energy's first quarter of 2017. It summarizes the company's operational and financial results for Q1, including production of 4.0 MMBoe, adjusted EBITDA of $56 million, and capital expenditures of $41 million. It discusses the company's three project areas - NW STACK, North Park Niobrara, and Mississippian - and plans for continued delineation and development across the portfolio in 2017.
PVA is an E&P company focused on transitioning to oil and liquids production. It has built up a position in the Eagle Ford shale through drilling and leasing, with over 25,000 net acres and up to 250 well locations. PVA has successfully grown its oil and NGL production in recent years while retaining substantial gas assets. The company is taking steps to improve liquidity and focus on further expanding its oil reserves and drilling inventory through continued activity in the Eagle Ford and testing a new Viola Lime oil prospect. PVA's strategy is aimed at continuing its transition to oil and liquids in order to grow production and cash flows in the current environment of higher oil prices relative to natural gas prices.
SandRidge Energy has built a portfolio focused on three oil-weighted project areas: NW STACK, North Park Niobrara, and Mississippian. In 2017, the company will continue developing these areas, turning company oil production positive in late 2017. SandRidge has $563 million in liquidity and a moderate capital program focused on high-grading existing positions.
PVA is an E&P company focused on transitioning to oil and liquids production. It has built up a position in the Eagle Ford shale play with over 25,000 net acres and 250 well locations. PVA is executing a strategy of continued drilling in the Eagle Ford to grow its oil and liquids production and cash flows. It is also taking steps to improve its financial liquidity by selling non-core assets and reducing capital spending and dividends. PVA sees opportunities to expand its oil and liquids reserves and drilling inventory through further exploration and leasing in South Texas and other oil-rich plays.
PVA is an E&P company focused on transitioning to oil and liquids production. It has built up a position in the Eagle Ford shale through leasing and exploration, and now has nearly 25,000 net acres and up to 250 well locations. PVA has grown its oil/NGL production significantly in recent years through Eagle Ford development. It is also exploring other oil prospects while retaining gas-heavy assets. PVA's strategy is focused on continuing its transition to oil, expanding its drilling inventory, improving liquidity, and growing its oil and liquids production and cash flows.
This document contains a presentation from ENSERVCO, a provider of well stimulation and fluid management services to the oil and gas industry. The presentation discusses ENSERVCO's business operations, growth opportunities from increasing US unconventional oil and gas development, and strong financial performance. However, it notes that any projections or estimates should be considered forward-looking and are subject to risks beyond the company's control. It also outlines limitations on responding to questions due to SEC regulations on selective disclosure of material non-public information.
SandRidge Energy has built a portfolio focused on oil production growth from three key project areas: NW STACK, North Park Niobrara, and Mississippian. For 2017, the company plans to run two rigs in NW STACK to further delineate the Meramec and Osage formations, resume drilling at North Park Niobrara targeting multiple benches, and continue high-grading its Mississippian acreage. SandRidge has a strong balance sheet with $554 million in liquidity and no debt, positioning it to execute its development plans while generating free cash flow.
SandRidge Energy has built a portfolio focused on oil production growth from three key project areas: the Mississippian limestone play, NW STACK area in Oklahoma, and North Park Niobrara oil project in Colorado. The company has $554 million in liquidity and no debt. In 2017, it will continue developing the NW STACK and North Park projects with two rigs total, while high-grading its Mississippian position for cash flow. Recent well results have met or exceeded expectations at both NW STACK and North Park.
This investor presentation provides an overview of Penn Virginia Corporation (PVA):
1) PVA has transitioned to focus on oil and liquids-rich plays like the Eagle Ford Shale, growing oil production over 250% since 2010.
2) The company is executing a strategy of continued drilling in the Eagle Ford with an inventory of up to 250 well locations, while maintaining gas assets for potential future price recovery.
3) Challenges include the capital intensity of the industry and building financial liquidity, which PVA is addressing through asset sales and reducing spending and dividends.
Stronghold Metals is working to become a mid-tier gold producer in 2014. The company owns the advanced Eagle Mountain gold project in Guyana, which contains over 980,000 ounces of gold in its current resource estimate. Stronghold plans to commence production at Eagle Mountain to generate cash flow, with the goal of increasing production capacity over time through project expansion and development of existing assets.
Otis Gold has signed a joint venture agreement for its Oakley Gold Project in Idaho. Under the terms, the partner will spend $6.25 million in exploration over 7 years to earn an 80% interest. Otis will be the operator until 2019 and receive cash payments totaling $3.525 million. The Oakley Project contains the Blue Hill Creek deposit with an Indicated resource of 235,000 ounces of gold and has large exploration potential across its 3,500 acres.
This document provides an overview of Alexco Resource Corp., Canada's only primary silver producer. Key points include:
- Alexco owns the historic Keno Hill Silver District in Yukon, Canada and produced 2.2 million ounces of silver in 2012.
- The company is developing the Lucky Queen and Onek projects near its mill and is evaluating the historical Elsa Tailings project.
- Alexco has a healthy cash position with no debt and cash from operations of $16.1 million for the first nine months of 2012.
- The company's focus is on optimizing operations at its Bellekeno mine while advancing development projects in its pipeline.
Telkonet is a clean technology company focused on energy management and networking solutions for intermittently occupied spaces. It has developed EcoSmart, an energy management system that uses patented Recovery Time technology to save 20-40% on energy use in spaces like hotel rooms and dormitories. EcoSmart integrates with other building systems through a cloud-based platform. Telkonet also operates EthoStream, the largest hospitality high-speed internet access network in the US serving over 4 million users monthly. The presentation outlines Telkonet's products and technology, market opportunities around energy efficiency, and competitive advantages in energy management and networking.
Pyramid Oil Company is an independent oil and gas exploration and production company incorporated in 1909 and headquartered in California. It focuses on onshore operations in Kern County, one of the largest oil producing regions in the US. As of 2011, Pyramid had over $11 million in total assets including $5.5 million in cash and owned oil and gas leases covering over 21,000 acres. Key company executives include John Alexander, the President and CEO since 2004, and Chairman Michael Herman.
Otis Gold owns 4 gold projects in Idaho, including its flagship Kilgore Project. The Kilgore Project contains an NI 43-101 compliant resource of 520,000 ounces of gold indicated and 300,000 ounces inferred. Recent drilling continues to intersect mineralization and expand the deposit, which remains open in multiple directions. Otis' goal for 2013 is to complete up to 7,000 meters of drilling at Kilgore to expand the existing resource. Otis also owns the Oakley Project, which contains an NI 43-101 resource and was recently signed to a joint venture that will fund additional exploration.
Far eastenergyapr2012corporatepresentationnabarnes
Far East Energy Corporation is a coalbed methane development company operating under three production sharing contracts in China covering over 1.1 million acres. The company has estimated gas-in-place of 21.3-29.2 trillion cubic feet across its blocks. It has a 20-year gas sales agreement in place in the Shouyang block providing market access. Preliminary analysis suggests the Shouyang block compares favorably to major U.S. coalbed methane plays in terms of coal thickness, permeability, and gas content.
The document summarizes International Minerals' silver and gold mining operations and development projects. It highlights the Pallancata silver mine in Peru currently in production, the upcoming Inmaculada gold-silver mine in Peru projected to begin production in 2014, and the Goldfield gold mine in Nevada projected for production in 2015. The company has significant silver and gold resources totaling over 9.5 million ounces and is debt free with $73 million in cash.
This document summarizes information about Great Panther Silver Limited, a primary silver mining company. Great Panther operates two silver mines in Mexico and has reported net income of $6.8 million for the nine months ended September 2012. The company aims to grow production organically and through acquisitions to become a mid-tier primary silver producer with over 5 million ounces of annual silver equivalent production and a resource of over 40 million ounces.
The document provides an update on Entrée Gold's projects in Nevada and Mongolia. It summarizes drilling results at Ann Mason which indicate over 8 billion pounds of copper in the indicated resource category. It also discusses positive preliminary economic assessment results for Ann Mason showing an after-tax NPV of over $1 billion and IRR of 14.8%. For Oyu Tolgoi in Mongolia, it notes that underground development is expected to begin in 2015.
This document provides an overview of a North American mining company that is one of the largest molybdenum producers in the world. It operates two molybdenum mines in Idaho and British Columbia as well as a metallurgical refinery in Pennsylvania. The company is diversifying by developing its Mt. Milligan copper and gold mine in British Columbia, with start-up expected in the third quarter of 2013. The company has a market capitalization of around $506 million based on its recent share price of $3.00 per share and has 168.7 million basic shares outstanding along with additional shares from options and convertible securities.
Gold in Guyana is working to become a mid-tier gold producer in 2014. It owns the advanced Eagle Mountain gold project in Guyana, which contains an existing NI 43-101 resource of 188,000 ounces of indicated gold and 792,000 ounces of inferred gold. The company plans to commence production at Eagle Mountain in 2014 after completing feasibility studies and permitting.
Gold in Guyana is working to become a mid-tier gold producer in 2014. It owns the advanced Eagle Mountain gold project in Guyana, which contains an existing NI 43-101 resource of 188,000 ounces of indicated gold and 792,000 ounces of inferred gold. The company plans to commence production at Eagle Mountain in 2014 after completing feasibility studies and permitting.
Colt Resources Inc. is developing gold and tungsten projects in Portugal. The document discusses Colt's most advanced project, the Boa Fé/Montemor gold project located 95km east of Lisbon. It notes that Boa Fé/Montemor shows potential for a multi-million ounce gold district along a >30km mineralized shear zone with several historic deposits identified. Colt has outlined initial NI 43-101 resources and is conducting exploration to expand resources across the district.
Fortune Minerals Limited is a Canadian mineral development company advancing two late-stage projects: the Arctos Anthracite Project in BC and the NICO gold-cobalt project in the Northwest Territories. The Arctos project is one of the world's premier metallurgical coal development projects, with a positive definitive feasibility study showing robust economics for an initial 3 Mtpa open-pit coal mine and wash plant operation. A 20% joint venture with POSCO, one of the world's largest steel producers, accelerates the project's development towards production to supply growing global steel industry demand.
The document discusses exploration results at the Majuba Hill project in Nevada. Drilling in 2011-2012 confirmed a large porphyry system with near-surface high-grade silver/copper/gold oxide mineralization extending over 500 meters. Highlights of drilling include hole MM-06 with 96 meters averaging 39.2 g/t silver and 0.57% copper. The company plans to establish an initial resource estimate and is permitted to conduct further drilling.
The document discusses Seabridge Gold's gold and copper reserves and projects. It summarizes that Seabridge has 44.7 million ounces of gold reserves across its KSM and Courageous Lake projects. The KSM project is one of the largest undeveloped gold-copper projects globally, while Courageous Lake is Canada's second largest undeveloped gold reserve. Preliminary feasibility studies for both projects show they can be economically viable at current metal prices. Seabridge presents a low-risk opportunity due to its large reserve base, favorable project economics, and location of projects in mining-friendly Canada.
This document summarizes Inovio Pharmaceuticals' synthetic DNA vaccine technology and development pipeline. The technology is designed to generate robust immune responses, provide universal protection against infectious diseases, and treat cancers. Inovio has multiple vaccine candidates in clinical trials targeting cancers, influenza, HIV, and hepatitis B/C. The company is advancing discussions for partnerships and has received over $42 million in non-dilutive funding to support its programs.
The document discusses Inovio's synthetic vaccine technology, which uses optimized DNA plasmids to generate targeted immune responses without using live or attenuated pathogens. Key points include:
- Inovio is developing synthetic vaccines for cancers, influenza, HIV, and hepatitis B/C using its proprietary SynCon platform and electroporation delivery technology.
- Clinical trials show Inovio's vaccines induce best-in-class immune responses compared to other vaccine technologies.
- The pipeline includes phase 2 vaccines for cervical dysplasia, leukemia, and hepatitis C, with efficacy data expected in 2013.
- The goal is to validate the platform and partner pipeline vaccines while advancing programs with non-dilutive funding.
This document summarizes Inovio Pharmaceuticals' synthetic DNA vaccine technology and development pipeline. The technology is designed to generate robust immune responses, provide universal protection against infectious diseases, and treat cancers. Inovio has multiple vaccine candidates in clinical trials targeting cancers, influenza, HIV, and hepatitis B/C. The company is advancing discussions for partnerships and has received over $35 million in non-dilutive funding to support its programs.
2. This presentation contains information that is "forward-looking" in that it describes events and conditions ENSERVCO
reasonably expects to occur in the future. Expectations for the future performance of ENSERVCO are dependent upon a
number of factors, and there can be no assurance that ENSERVCO will achieve the results as contemplated herein.
Certain statements contained in this release using the terms "may," "expects to," and other terms denoting future
possibilities, are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject
to a variety of risks, which are beyond ENSERVCO's ability to predict, or control and which may cause actual results to
differ materially from the projections or estimates contained herein. Among these risks are those set forth in a Form 10-K
filed on March 30 2012. It is important that each person reviewing this presentation understand the significant risks
attendant to the operations of ENSERVCO. ENSERVCO disclaims any obligation to update any forward-looking
statement made herein
*Note on non-GAAP Financial Measures
This presentation also includes a discussion of Adjusted EBITDA, which is a non-GAAP financial measures provided as a
complement to the results provided in accordance with generally accepted accounting principles ("GAAP"). The term
"EBITDA" refers to a financial measure that we define as earnings plus or minus net interest plus taxes, depreciation and
amortization. Adjusted EBITDA excludes from EBITDA stock-based compensation and, when appropriate, other items that
management does not utilize in assessing ENSERVCO’s operating performance. None of these non-GAAP financial
measures are recognized terms under GAAP and do not purport to be an alternative to net income as an indicator of
operating performance or any other GAAP measure.
3. Symbol OTCQB: ENSV
52-week range $0.30 - $1.35
Recent price (1/9/13) $0.70
Shares outstanding* 31.7 million
Market capitalization* $22.2 million
Warrants* 6.0 million
Options* 3.1 million
Public float* 11.5 million
Cash* $720,000
Fiscal year end December 31
* Reflects impact of a new $16 million credit facility and a $2 million
private placement of equity, both completed subsequent to close of
the 2013 third quarter.
4. A leading provider of well completion, well stimulation and fluid management services,
and only national provider of hot oiling, well acidizing and frac heating services to the
domestic on-shore oil and gas industry
Benefiting from dramatic increase of domestic oil and gas reserves; active drilling in
conventional and unconventional fields; increased hydraulic fracturing and horizontal
drilling
Customers include many of domestic energy industry’s leading exploration and
production companies
Roughly 55% of revenue derived from non-cyclical, maintenance-related work
Reputation for modern, high-quality equipment fleet and skilled, responsive workforce
Growth strategy involves geographic expansion, market share gains and introduction of
new well-site service offerings
Company developed first U.S. frac heater in late 1990s
5. Mike Herman - Chairman and Chief Executive Officer
• Owns 55% of ENSV common stock
• Began career in family oil and gas business
• More than 30 years of experience as investor and operator of E&P and oilfield services companies
• Built ENSERVCO through acquisition of leading regional well-site service businesses
• Chairman and largest shareholder of Pyramid Oil Company (AMEX: PDO), a California-based, 100-year-old E&P
• Former Chairman and owner of Key Food Ingredients LLC, a global supplier of dehydrated vegetables. Sold Key
Food in 2007
• Former Chairman and majority owner of Telematrix, Inc., a provider of telecommunications equipment to the
worldwide hotel and hospitality industry. Sold majority stake in 2006
Rick Kasch – President and Chief Financial Officer
• Owns approximately 5% of ENSV common stock
• Responsible for ENSERVCO operations since Company inception
• Former head of operations and CFO of ENSERVCO’s predecessor businesses, Dillco & Heat Waves. Completed
acquisitions with Mike Herman and then launched ENSERVCO
• Former CFO of Key Food Ingredients, LLC
• Extensive operating, financial management, capital formation and public company operational management
experience. Helped raise more than $1 billion for previous employers through private and public equity and debt
offerings, including IPOs, secondary offerings, IDBs, and traditional term debt and revolving lines of credit
• Former CFO of NYSE-traded company; former divisional President and COO of major hospitality company
6. Reports record full-year revenue of $32.1 million*
Q4 revenue* represents best-ever quarterly performance, and a 78% increase versus prior-year quarter
2012 Expands service territory into burgeoning Utica Shale and Mississippi Lime regions
Strengthens financial position with new $16 million credit facility and $2 million equity raise
Opens major operations centers in Bakken Shale and northern Niobrara Shale fields
2011 Full-year revenue increases 32% to $24.7 million from prior year
Full-year adjusted EBITDA improves 47% to $3.1 million from prior year
Becomes a public company in July following merger with Aspen Exploration Corporation
2010 Commences operations in prolific Marcellus Shale region
2009 Company reports positive EBITDA of $414,000, despite 50% decline in revenue following global collapse in oil prices
Remaining interest in Heat Waves acquired
2008 Full-year revenue reaches $30.6 million, up 178% from 2007
Full-year EBITDA improves 295% to $7.5 million versus 2007
Company acquires 35-year-old Dillco Fluid Services, a provider of water hauling, fluid disposal, frac tank rental,
2007 and well-site construction services
Company founder acquires a majority interest in Heat Waves Hot Oil Service, an 8-yer-old provider of
2006
hot oiling, frac heating acidizing, pressure testing & water hauling services
*preliminary, unaudited
7. Hot Oiling
Frac Heating
Acidizing
Pressure Testing
Fluid Hauling
Frac Tank Rental
Disposal Wells
Site Construction
Roustabout
8. Hot Oiling
The circulation of heated oil or similar fluids down a well bore, where the fluid dissolves and dislodges
paraffin and other hydrocarbon deposits. Related services involve the heating of oil storage tanks, which
eliminates water and other soluble waste that can reduce the operator’s revenue at the refinery.
Frac Heating
The heating of water being used in well frac jobs to a predetermined temperature, which prevents freezing
and ensures that fracing solutions mix properly.
Acidizing
Pumping specially formulated acids and/or chemicals into a well to dissolve materials blocking the flow of
the oil or natural gas. Acidizing is most often used for increasing permeability throughout the formation,
cleaning up formation damage near the wellbore and removing the buildup of materials restricting the flow
in the formation.
Pressure Testing
The pumping of fluids into new or existing wells or other components of the well system to detect leaks.
9. Fluid Management Services
Services include:
transporting water to fill frac tanks or reservoirs at well locations,
transporting contaminated production water to disposal wells,
moving drilling and completion fluids to and from well locations, and
transporting flow-back fluids from the well site to disposal wells
ENSERVCO owns and operates a fleet of trucks, each of which has a hauling capacity ranging from 80 to
140 barrels.
Frac Tank Rental
Rental of frac tanks to oilfield operators for storage of fluids at the well site. The tanks have a capacity of up
to 500 barrels and are used for storage of fresh water, salt water, flowback, temporary production and mud.
Frac tanks are used during all phases of the life of a producing well.
Construction and Roustabout Services
Construction of service roads and well pads utilizing ENSERVCO’s fleet of power units, which includes
dozers, trenchers, motor graders, backhoes and other heavy equipment
10. Heating Equipment 55
Frac heaters, Hot oilers
Water haulers 75
Acidizing trucks 5
Construction units 25
Frac tanks 15
Misc. 70
Total: 245
12. ENSERVCO entered the Marcellus region in January
2010 to provide frac-heating services to a large, longtime
customer
One year later, ENSERVCO was providing frac heating,
hot oiling and water hauling services to 12 major E&Ps in
the region
Company expanded operations into adjacent / underlying
Utica Shale play in 2012. By January 2013, Company Carmichaels, PA
had begun servicing 4 of 5 largest operators in the play
Fracking techniques in Utica require much higher fluid
temperatures than in Marcellus. Fluid heating demand in
Utica extends over much of the year, versus 4 to 5 month
heating season in Marcellus
13. ENSERVCO opened new operations centers in North
Dakota (Bakken Shale) and Wyoming (Niobrara Shale)
during September 2011 Bakken
Company has established extensive customer rosters in
both regions Killdeer, ND
Bakken facility, in Killdeer, ND, employs a workforce of
approximately 40. Service fleet includes frac heaters, hot
oilers and well-site construction equipment Niobrara
Cheyenne, WY
New facility in Cheyenne, WY is second yard serving
Niobrara region. Combined, Cheyenne and Platteville Platteville, CO
facilities employ more than 25. Equipment includes frac
heaters, hot oilers and water haulers
14. Generated approximately 75% of ENSERVCO’s 2012
consolidated revenue
Primary services:
Frac heating
Hot oiling
Acidizing
Pressure testing
Serving customers in Colorado, Pennsylvania, North
Dakota, Montana, Wyoming, Nebraska, West Virginia,
Ohio, Kansas, New Mexico, Oklahoma and Texas
15. Generated approximately 25% of ENSERVCO’s 2012
consolidated revenue
Primary services:
Water hauling
Water disposal
Frac tank rental
Well-site construction
Operations in Kansas, Oklahoma & Texas
16.
17. Capitalize on supply/demand imbalance in recently entered basins
Expand service territory into additional domestic oil & gas basins
Leverage Master Service Agreements to capture new business as
E&Ps narrow their vendor lists
Expand well-site service offerings
19. Subsequent to the close of the third quarter, ENSERVCO closed on a $16 million credit facility with PNC
Bank, and a $2 million private placement of equity. The below pro forma balance sheet reflects the impact of
the credit facility and equity sale. See Note 11 to Company’s Q3 financial statements for more detail.
20. Leadership position in well stimulation and fluid management services, and
only national provider of hot oiling, well acidizing and frac heating services
to the domestic on-shore oil and gas industry
Energy industry’s only nationwide provider of comprehensive fluid heating
solutions
Proven, entrepreneurial management team focused on aggressive growth
Company positioned to capitalize on significant imbalance in well-site
service supply and demand
Master Service Agreements with blue-chip customer base
Extensive modern equipment fleet
21. Contacts:
Rick Kasch Geoff High Derek Gradwell
President & CFO Principal SVP Natural Resources
ENSERVCO Corporation Pfeiffer High Investor Relations, Inc. MZ North America
303-333-3678 303-393-7044 212-301-7130
rkasch@enservco.com geoff@pfeifferhigh.com dgradwell@mzgroup.us