INVESTOR PRESENTATION

AUGUST 2014
2
ASSUMPTIONS AND FORWARD-LOOKING STATEMENTS
This presentation contains certain statements and information that may constitute forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements, other than statements of historical facts that address activities, events or developments that we expect,
believe or anticipate will or may occur in the future are forward-looking statements. The words anticipate, believe, ensure,
expect, if, intend, plan, estimate, project, forecasts, predict, outlook, aim, will, could, should, potential,
would, may, probable, likely, and similar expressions, and the negative thereof, are intended to identify forward-looking
statements. Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically
include statements, estimates and projections regarding our business outlook and plans, future financial position, liquidity and
capital resources, operations, performance, acquisitions, returns, capital expenditure budgets, costs and other guidance
regarding future developments. Forward-looking statements are not assurances of future performance. These forward-looking
statements are based on managements current expectations and beliefs, forecasts for our existing operations, experience, and
perception of historical trends, current conditions, anticipated future developments and their effect on us, and other factors
believed to be appropriate. Although management believes that the expectations and assumptions reflected in these forward-
looking statements are reasonable as and when made, no assurance can be given that these assumptions are accurate or that
any of these expectations will be achieved (in full or at all). Moreover, our forward-looking statements are subject to significant
risks and uncertainties, many of which are beyond our control, which may cause actual results to differ materially from our
historical experience and our present expectations or projections which are implied or expressed by the forward-looking
statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements
include, but are not limited to, risks relating to economic conditions; volatility of crude oil and natural gas commodity prices;
delays in or failure of delivery of current or future orders of specialized equipment; the loss of or interruption in operations of one
or more key suppliers or customers; oil and gas market conditions; the effects of government regulation, permitting and other
legal requirements, including new legislation or regulation of hydraulic fracturing; operating risks; the adequacy of our capital
resources and liquidity; weather; litigation; competition in the oil and natural gas industry; and costs and availability of resources.
For additional information regarding known material factors that could cause our actual results to differ from our present
expectations and projected results, please see our filings with the Securities and Exchange Commission, including our Current
Reports on Form 8-K that we file from time to time, Quarterly Reports on Form 10-Q, Annual Report on Form 10-K and the
Information Statement included as Exhibit 99.1 to our Form 10 (Commission File No. 001-36354) filed on June 16, 2014.
Readers are cautioned not to place undue reliance on any forward-looking statement which speaks only as of the date on which
such statement is made. We undertake no obligation to correct, revise or update any forward-looking statement after the date
such statement is made, whether as a result of new information, future events or otherwise, except as required by applicable law.
3
Jerry Winchester, CEO
Served for thirteen years as the President and CEO of Boots & Coots International Well Control, Inc. which was acquired by Halliburton in
September 2010
Started his career with Halliburton in 1981 as a fracturing equipment operator and served in positions of increasing responsibility, most
recently as Global Manager over Well Control, Coil Tubing and Special Services
29 years of industry experience
Cary D. Baetz, CFO
Served as Senior Vice President and Chief Financial Officer of Atrium Companies, Inc. From November 2010 to December 2011
Served with Mr. Winchester as Chief Financial Officer of Boots & Coots from August 2008 to September 2010
Served as Vice President of Finance, Treasurer, and Assistant Secretary of Chaparral Steel Company from 2005 to 2008
26 years of industry experience
Karl Blanchard, COO
Joined SSE in June 2014
Previously served as Vice President of Production Enhancement of Halliburton Company
Began his career at Halliburton in 1981, also serving as Vice President of Cementing, Vice President of Testing and Subsea, and President
Director of PT Halliburton Indonesia
Jay Minmier, President - Nomac Drilling
President since June 2011
Previously served as Vice President and General Manager for Precision Drilling Corporation
More than 20 years experience with drilling contractors, notably Grey Wolf Inc. and Helmerich & Payne, Inc.
William R. Stanger, President Performance Technologies (PTL)
President since 2011
Joined Chesapeake Energy in January 2010 as President of Great Plains Oilfield Rentals
A former Vice President of Schlumberger with more than twenty-five years experience in oilfield services
Jerome Loughridge, President Great Plains Oilfield Rental

President since September 2012
Previously served as President of Black Mesa Energy Services, the oilfield investment arm of private equity firm Ziff Brothers Ventures;
Executive Chairman of completions service provider Legend Energy Services; and Chief Operating Officer of Great White Energy Services
Eight years of oilfield management experience
MANAGEMENT TEAM
4
COMPANY HIGHLIGHTS
Attractive US industry dynamics
Drilling: increasing horizontal drilling and efficiency improvements through pad drilling; technology of rig fleet driving margins
Pressure Pumping: market is expected to tighten in 2014 as frac intensity continues to rise
Large integrated footprint in high activity basins and close proximity to customers
Based in Oklahoma City operating in close proximity to some of the most active U.S. unconventional resource developers
Comprehensive service offerings with modern, high quality asset base
Multi-well pad capable Tier 1 and Tier 2 rigs represent 62% of fleet including fit-for-purpose PeakeRigs
TM
Hydraulic fracturing assets among the newest in the industry with an average age of 25 months
1
Industry-leading contracted backlog providing robust visibility to asset base
Contracts with multiple large, well-capitalized customers with an industry leading 3-year backlog of approximately $2.8B
1
of
expected future revenue

Experienced and skilled management team
Experience working at highly regarded oilfield services companies including Boots & Coots , Halliburton, Helmerich & Payne and
Schlumberger
Growth drivers in all business segments
Recently delivered one newly constructed PeakeRig
TM
with 15 additional newbuilds scheduled to be in service by the end of
2015
Pressure pumping business will add an additional spread in second half of 2014, investigate potential acquisitions for
additional growth
1
See Backlog and Service Contract Summary on page 10 of this presentation
5
BUSINESS SEGMENTS AND OUTLOOK
Drilling
Provides land drilling and drilling-related services,
including directional drilling and mudlogging
Marketed fleet includes 20 Tier 1 rigs, including
10 fit-for-purpose PeakeRigs, 57 Tier 2 rigs and
13 Tier 3 rigs (currently the 5
th
largest U.S. land-
based drilling rig fleet)

Hydraulic Fracturing
Provides high-pressure hydraulic fracturing
services
9 hydraulic fracturing fleets with an aggregate of
360,000 horsepower
Oilfield Rentals
Provides premium rental tools and specialized
services for land-based oil and natural gas drilling,
completion and workover activities
Provides water transport and disposal solutions

Oilfield Trucking
Provides drilling rig relocation and logistics
services
Description
2014 - 2015 Business
Outlook Drivers
6 new contracted rigs by YE
2014
10 new contracted rigs by
YE 2015
1 additional spread by YE
2014 (40,000 additional HP)
Flat pricing in 2015
Other third party expansion
Consolidation potential

Other third party expansion
Other third party expansion
Note: $mm
1
Adjusted Revenue is a non-GAAP financial measure that we define as Revenue including the pro forma effects of the spin-off; excludes Geosteering and Crude hauling revenue of $4mm and $24mm; excludes
Other Operations revenue of $75mm
2
Adjusted EBITDA is a non-GAAP financial measure that we define as net income before interest expense, income tax expense, depreciation and amortization, as further adjusted to add back impairments and
gain or loss on sale of property and equipment; Total and Nomac Drilling reflects EBITDA net of rig rental expense of $15mm (EBITDAR) and lease termination cost of $54mm; see Reconciliation of Net Income
to Adjusted EBITDA slide on page 22 of this presentation
H1 2014 H1 2014 Adjusted
Adjusted Adjusted EBITDA
Revenue EBITDA Margin
366 131 35.9%
428 62 14.5%
75 24 31.8%
88 8 9.1%
6
6.2
4.6
3.4
2.7
2.2
2.0 2.0
1.9
1.9
1.6
1.5
1.3
1.1
1.0
0.9
0.8
0.3
NBR SPN HP PTEN SSE TCW ESI PD RES KEG CFW BAS CJES PES PKD TDG FRC
SSE IS AMONG THE LEADING NORTH AMERICAN SERVICE
COMPANIES
SSE has significant scale to effectively compete with its North American-centric peers
2013 Revenue (in billions)
Source: Bloomberg

7
SSE IS WELL POSITIONED FOR CURRENT INDUSTRY TRENDS
Large, integrated footprint in 8 active basins
Shale development expertise (its in our DNA)
Full scale development
plans of large shale
resources (existing and
emerging)
Modern, efficient land fleet of 91 operating rigs by year end 2014
Actively converting our fleet mix to meet customer demand
Newest pressure pumping fleet in the industry
Modern well-maintained tool rental fleet
Increased drilling
efficiencies through
modern equipment and
integrated operations
Highly efficient, integrated service model providing single-source Drilling and
Completion solutions
Customer base of large acreage holders that are pioneering factory-style
approach
Winning integrated contracts
Trend towards factory
style development
Industry leading safety performance
Increasing focus on
safety and regulatory
Current Industry Trend SSE Positioning
Average age of 25 months as of 6/30/2014
8
AREAS OF OPERATIONS
Niobrara Shale


Anadarko Basin
Permian Basin


Oklahoma City Headquarters
Selected Field Offices
Eagle Ford Shale
Haynesville Shale

Barnett Shale

Marcellus Shale
Utica Shale

(As of June 30, 2014)
9
CUSTOMER DIVERSIFICATION STRATEGY
Replicate Nomac success in winning other third party
business with PTL and Great Plains
Increased NOMAC other third party rigs to 39% today
from 9% at beginning of 2012
Build business development team
Increasing business development staff
Focusing on significant industry experience
Building out Great Plains sales team in second half
of 2014; focus on growth without material additional
capital outlay

Selected Customers
10
BACKLOG AND SERVICE CONTRACT SUMMARY
As of July 1, 2014, our contractual backlog was approximately
$2.8B, ~4% of which related to contracts with third parties other
than Chesapeake
Backlog expected to provide 50% to 60% of revenue from July 2014 to
July 2015
Backlog includes new services contracts entered into with
Chesapeake in connection with the spin-off under which
Chesapeake committed to use the services described below,
subject to its rights to terminate the contracts in specified
circumstances
Nomac rig-specific daywork drilling contracts for a term ranging from
three months to three years as set forth below:
1 year term 10 Rigs
2 year term 5 rigs
3 year term 25 Rigs
Three month terms plus three month auto renewal option 11
Rigs
PTL hydraulic fracturing services agreement that provides Chesapeake
will utilize the lesser of (i) the number of crews set forth below:
Year 1 7 Crews
Year 2 5 Crews
Year 3 3 Crews
or (ii) percent (50%) of the total number of all pressure pumping crews
working for Chesapeake in all of its operating regions during the
respective year.
Recent other third party customer contract wins for PTL and Great
Plains
Nomac CHK PTL CHK Nomac Other third party
$2.8B 3 Year Backlog
367
347
314
163
57
17
738
517
293
1,268
921
624
Year 1 Year 2 Year 3
Contracted Revenues by Business Segment
$MM
We calculate our contract drilling backlog by multiplying the day rate under our contracts by the number of days remaining under the contract. We calculate our hydraulic
fracturing backlog by multiplying the rate per stage by the number of guaranteed stages remaining under the contract. The backlog calculation does not include any reduction
in revenues related to mobilization or demobilization, nor does it include potential reductions in rates for unscheduled standby or during periods in which the rig is moving, on
standby or incurring maintenance and repair time in excess of what is permitted under the drilling contract. In addition, many of our contracts are subject to termination by the
customer on short notice and provide for an early termination payment to us in the event that the contract is terminated by the customer. As a result, revenues could differ
materially from the backlog amounts presented.
11
NOMAC DRILLING
Based on RigData marketed rig count as of 6/19/2014
Rig count from the 6/30/2014 Nomac report: excludes refurbished, stacked, training and under construction rigs

Marcellus Shale
(6 - CHK, 0Other)
Utica Shale
(7 - CHK, 9 - Other)
Haynesville Shale
(7 - CHK, 0 Other)
Eagle Ford Shale
(16 - CHK, 1 - Other)
Powder River and DJ
Basins
(2 - CHK, 2 - Other)
Anadarko Basin
(13 - CHK, 15 - Other)
Nomac Operating Areas
(Bubble Size by Nomac Rig Count)
Permian Basin
(0 - CHK, 5 - Other)
Currently the 5
th

largest drilling rig
contractor in the U.S.

Nomac has 83 active
rigs which operate
across unconventional
plays (51 operating for
CHK; 32 operating for
third parties)
12
OVERVIEW OF NOMAC RIG FLEET BY AREA
Nomac provides land drilling and
drilling-related services, including
directional drilling and mudlogging
Operations are geographically
diversified across many of the most
active oil and natural gas plays
Strong presence / market share in
key markets (Anadarko, Eagle Ford,
Utica) provides benefits of scale,
but growth opportunities still
remain
Nomacs directional drilling unit
focuses on horizontal well
applications to maximize drilling
efficiencies and lower customer
costs
Based on Baker Hughes Rig Count as of 6/27/2014
Active
SSE
Rigs
Total
Active
Rigs
Anadarko Basin 13 15 28 186
Eagle Ford Shale 16 1 17 214

Utica Shale 7 9 16 43

Marcellus Shale 6 0 6 82
Niobrara Shale 2 2 4 60

Haynesville Shale 7 0 7 41

Permian Basin 0 5 5 554

Total 51 32 83 1,180
Operational Area CHK Other
Active
SSE
Rigs
Total
Active
Rigs
Market
Share
13
49
22
8 7
0
56
57
57
57
57
8
12
20
26 41
113
91
85
90
98
30%
32%
34%
36%
38%
40%
42%
0
40
80
120
160
2011 2012 2013 2014E 2015E
Fleet Evolution and Operating Margin
Number of Rigs - Year End Operating Margin
EVOLUTION OF OUR FLEET
Improving tier mix contributes to higher operating margin, continuing to increase with rig
newbuilds, conversions, and removal of Tier 3 rigs
Based on contracted newbuilds, we expect to have 98 rigs by YE 2015 with 42% Tier 1
rigs
16 PeakeRig newbuilds over next 18 months
Tier 2 Tier 1 Operating Margin
1
Tier 3
1
Operating Margin through YTD Q2 2014; rig count as of year end
YTD Q2 2014
14
10%
27%
0%
9%
35%
15%
46%
5%
50%
11%
35%
21%
58% 49%
33%
63%
35%
83%
48%
89% 55% 52% 42% 42% 32% 22% 19% 12%
2%
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US Land Rig Fleet Mix
Q2 2014
1
NOMAC RIG FLEET COMPARED TO PEERS
Working to convert fleet to meet long-
term drilling needs of all customers
Currently 90% of our Tier 1 rigs and
61% of our Tier 2 rigs are multi-well
pad-ready and able to meet the robust
demands of E&P customers focused on
unconventional resource development
Fabricating 16 newbuild proprietary
PeakeRigs, 6 of which are expected to
be delivered in 2014 with an additional
10 rigs expected to be delivered in
2015
Total US Land Rig Fleet Mix
Tier 2 Tier 1 Tier 3
Source: RigData Weekly Locations and Operators Report list as of 6/27/2014, internal estimates
2
Nomac rig total based on marketed rigs, excludes cold stacked and rigs held for sale
Tier 1 37%
Tier 2 26%
Tier 3 37%
15
PTL OPERATIONS OVERVIEW
Provides high-pressure hydraulic fracturing
services
As of June 30, 2014, owned nine hydraulic
fracturing fleets with an aggregate of 360,000
horsepower
Eight fleets contracted by Chesapeake and one
fleet contracted by other third party customers
Operating throughout the Anadarko Basin, Eagle
Ford, Barnett, and Utica Shales
Equipment consists of high pressure rated,
premium hydraulic fracturing equipment
specially suited for unconventional resource
plays
Among the newest in the industry with an average
age of 25 months as of June 30, 2014
10
th
fleet totaling 40,000 HP expected to be
online by Fall 2014
Potential to add more capacity / scale through
acquisitions
Source: Spears & Associates Q2 2014
Total HP 19,057
2,530
245
250
255
272
300
360
400
460
660
702
710
750
1,064
1,084
1,194
1,596
1,825
1,900
2,500
Other
Canyon
Bayou
Go Frac
BAS
PES
PTL
Pro Petro
Sanjel
SPN
PTEN
RPC/Cudd
WFT
CFW
TCW
CJES
FTS
BHI
SLB
HAL
North American Horsepower by Capacity
Horsepower (000s)
16
PERFORMANCE TECHNOLOGIES
Eagle Ford Shale
4 spreads operating
Utica Shale
2 spreads operating
1 spread projected
Anadarko Basin
2 spreads operating
Barnett Shale
1 spread operating
PTL Operating Areas
(Bubble Size by Spread Count)
17
Own and operate two strategically positioned sand storage and trans
load facilities, one in Oklahoma with storage capacity of 140 million
pounds and one in south Texas with 80 million pound capacity
South Texas facility accepts multi unit trains which secures more
favorable rail rates and significantly reduces the number of rail
car leases required to manage inventory
Executed JV with a dedicated hydraulic fracturing sand carrier to
ensure adequate truck transportation services for hauling hydraulic
fracturing sand from regional distribution points to the well site
Long term rail car leases procured for the bulk transportation of
hydraulic fracturing sand by rail from the mine to regional distribution
hubs
Own mineral mining leases totaling approximately 2,000 acres at
multiple sand mining sites in Wisconsin; plan to self source a majority
of sand supply by 2016 helping to mitigate future impact of sand price
volatility
HYDRAULIC FRACTURING SUPPLY CHAIN INTEGRATION
Rail Cars
Sand Reserves
Transloading Facilities
Storage and Distribution
Facilities
18
GREAT PLAINS ASSET BASE AND SERVICES
Great Plains provides premium rental tools and
specialized services for land-based oil and
natural gas drilling, completion, and workover
activities
Tool Rental
Downhole tubular products including high-torque,
premium-connection drill pipe, drill collars, and
tubing
Surface rental equipment including blowout
preventers, frac tanks, mud tanks, and
environmental containment
Services
Water transfer services offering lay-flat hose and
leveraging Great Plains surface rental asset base
Air drilling services in the Marcellus and Utica
Flowback and pressure control
Tanks
Air Package
19
GREAT PLAINS CURRENT AND POTENTIAL SERVICE LINES
SSE has established and is executing a plan to build out the Great Plains organization to
improve profitability
Great Plains equipment utilization improved to 48% in Q2 2014 from 34% in Q4 2013
20
GREAT PLAINS CURRENT ASSETS
Great Plains provides water transport and
disposal service solutions
As of June 30, 2014 we own a fleet of 150
water transport trucks that haul water to
and from wells in the Anadarko Basin and
the Eagle Ford, Marcellus, and Utica Shales
Hodges has provided drilling rig relocation
and logistics services for over 80 years
As of June 30, 2014 we own a fleet of 260
rig relocation trucks and 67 cranes and
forklifts
Hodges Crane
Transportation Truck
Water Hauling Truck
Truck Fleet
Transportation Trucks 195
Water Hauling Trucks 150
Crane & Forklift 67
Rig Up 65
Oilfield Trucking Assets Units
Note: Unit counts include pro format effects of the spin-off; excludes Crude hauling assets
21
MATURITY AND DEBT SERVICE SCHEDULES
4.00% base rate; 1.75% letter of credit
6.625% Senior Notes due 2019; first call price at 103%.313 on 11/15/2015
3.00% + LIBOR with 75bps LIBOR floor
4
6.500% Senior Notes due 2022; first call price at 104.875% on 7/15/2017
5
Assumes Term Loan interest of 3.75% and no early call on Sr. Notes
3.992% 6.500%
4
6.625%
3.750%
$650
$500
$2 $4 $4 $4 $4
$4
$4
$374
$275
2014 2015 2016 2017 2018 2019 2020 2021 2022
Maturity Schedule
Sr. Notes Term Loan ABL Credit Facilty
$15 $15 $15 $15 $15 $15 $15 $15
$76 $76 $76 $76 $76 $76
$33 $33
$33
2014 2015 2016 2017 2018 2019 2020 2021 2022
Interest Schedule
5
Term Loan Sr. Notes
22
RECONCILIATION OF CONSOLIDATED NET INCOME TO ADJUSTED
EBITDA
2014 2013 2014 2013
Net Income 21,710 $ 7,176 $ 3,155 $ 21,407 $
Add:
Interest expense 17,615 14,138 32,307 28,149
Income tax expense 14,036 4,867 3,338 14,866
Depreciation and amoritzation 71,829 72,490 144,294 142,601
Impairments and other 3,172 6,718 22,980 6,741
Gains on sales of property and equipment (8,964) (1,746) (7,986) (1,371)
Impairment of equity method investments 4,500 1,789 4,500 1,789
Rent expense on buildings and real estate
transferred from Chesapeake
4,081 4,079 8,187 8,331
Rig rent expense 6,016 22,570 15,075 45,551
Less:
Compression unit manufacturing Adjusted
EBITDA
6,357 5,244 13,073 10,302
Geosteering Adjusted EBITDA 763 1,074 957 1,850
Crude hauling Adjusted EBITDA (4,521) 3,702 (5,066) 8,563
One-time credit to stock compensation expense 10,530 - 10,530 -
Adjusted EBITDA 120,866 $ 122,061 $ 206,356 $ 247,349 $
(In thousands)
Three Months Ended June 30, Six Months Ended June 30,
23
RECONCILIATION OF OPERATING CASH TO EBITDA
2014 2013 2014 2013
Cash provided by operating activities 67,352 $ 57,477 $ 121,934 $ 144,870 $
Add:
Changes in assets and liabilities 41,782 32,273 40,154 38,987
Interest expense 17,615 14,139 32,307 28,149
Lease termination costs 70 108 8,449 108
Amortization of sale/leaseback gains 925 1,549 5,139 3,079
Amortization of deferred financing costs (3,235) (729) (3,972) (1,455)
Loss from equity investement - 735 (917) 616
Current tax expense 363 221 696 437
Rent expense on buildins and real estate
transferred from Chesapeake
4,081 4,079 8,187 8,331
Rig rent expense 6,016 22,570 15,075 45,551
Other (974) (341) (1,202) (609)
Less:
Compressoin unit manufacturing Adjusted
EBITDA
6,357 5,244 13,073 10,302
Geosteering Adjusted EBITDA 763 1,074 957 1,850
Crude hauling Adjusted EBITDA (4,521) 3702 (5,066) 8,563
One-time credit to stock compensation expense 10,530 - 10,530 -
Adjusted EBITDA 120,866 $ 122,061 $ 206,356 $ 247,349 $
(In thousands)
Three Months Ended June 30, Six Months Ended June 30,
24
RECONCILIATION OF DRILLING NET INCOME TO EBITDA
2014 2013 2014 2013
Net Income 9,541 $ 1,162 $ 7,182 $ 5,719 $
Add:
Income tax expense 5,941 810 4,612 4,169
Depreciation and amoritzation 34,398 33,822 69,301 66,010
Impairments and other 3,171 3,504 22,772 3,528
Losses (gains) on sales of property and
equipment
14,086 (352) 15,795 180
Rent expense on buildings and real estate
transferred from Chesapeake
809 913 1,688 1,815
Rig rent expense 6,016 22,570 15,075 45,551
Less:
Geosteering Adjusted EBITDA 763 1,074 957 1,850
One-time credit to stock compensation expense 4,318 - 4,318 -
Adjusted EBITDA 68,881 $ 61,355 $ 131,150 $ 125,122 $
Three Months Ended June 30, Six Months Ended June 30,
(In thousands)
25
RECONCILIATION OF HYDRAULIC FRACTURING NET INCOME TO
EBITDA
2014 2013 2014 2013
Net Income 11,722 $ 15,417 $ 12,317 $ 34,005 $
Add: 20,915
Income tax expense 7,443 9,494 8,052 32,313
Depreciation and amoritzation 17,851 16,417 35,960 -
Impairments - - 207 -
Gains on sales of property and equipment - (17) - -
Impairment of equity method investment 4,500 - 4,500 1,120
Rent expense on buildings and real estate
transferred from Chesapeake
630 502 1,259
Less: -
One-time credit to stock compensation expense 477 - 477
Adjusted EBITDA 41,669 $ 41,813 $ 61,818 $ 88,353 $
Three Months Ended June 30, Six Months Ended June 30,
(In thousands)
26
RECONCILIATION OF OILFIELD RENTALS NET INCOME TO EBITDA
2014 2013 2014 2013
Net Income 340 $ (477) $ (1,796) $ 1,558 $
Add:
Income tax expense (benefit) 225 (256) (1,013) 1,125
Depreciation and amoritzation 13,368 15,476 26,715 30,747
Gains on sales of property and equipment (183) (572) (925) (477)
Rent expense on buildings and real estate
transferred from Chesapeake
695 586 1,415 1,173
Less:
One-time credit to stock compensation expense 601 - 601 -
Adjusted EBITDA 13,844 $ 14,757 $ 23,795 $ 34,126 $
Three Months Ended June 30, Six Months Ended June 30,
(In thousands)
27
RECONCILIATION OF OILFIELD TRUCKING NET INCOME TO
EBITDA
2014 2013 2014 2013
Net Income 12,218 $ 2,076 $ 8,821 $ 2,518 $
Add:
Income tax expense 7,614 1,461 5,744 2,044
Depreciation and amoritzation 5,429 6,529 11,357 13,084
Gains on sales of property and equipment (22,863) (787) (22,871) (1,056)
Impairment of equity method investment - 1,789 - 1,789
Rent expense on buildings and real estate
transferred from Chesapeake
861 863 1,724 1,759
Less:
Crude hauling Adjusted EBITDA (4,521) 3702 (5,066) 8,563
One-time credit to stock compensation expense 1,826 - 1,826 -
Adjusted EBITDA 5,954 $ 8,229 $ 8,015 $ 11,575 $
(In thousands)
Three Months Ended June 30, Six Months Ended June 30,
28
OUTLOOK AND OPERATING ASSUMPTIONS
Outlook for 2014-2015
Rig day rates to trend
upwards 2% to 5%,
primarily due to
improving fleet blend
Frac stage pricing to
remain largely flat
through 2015
Rentals utilization to
trend towards long term
goal of 60% to 70%
Based on top five tool rental services
Nomac and Services
Average Active Rigs 76.3 83 - 85 94 - 95
Revenue per Operating Day ($k) $23.9 $23 - $24 $24 - $25
Newbuild Rigs Placed into Service 0 6 10
Directional Job Days 4,897 5,000 - 5,200 5,700 - 5,900
PTL
Average Active Spreads 8.4 9 - 10 10
Average Stage Price $126 $110 - $115 $110 - $115
Additional Spreads Placed into Service 2 1 0
Total Stages Completed 7,124 7,500 - 8,000 8,250 - 8,750
Great Plains
Rental Utilization (%) 44% 45% - 50% 55% - 60%
Rental Utilization (%) 44% 45% - 50% 55% - 60%
Hodges and OTS
Average Operating Units (Trucks, Cranes, Forklifts) 349 320 - 340 320 - 340
Water Trucks 148 150 - 160 150 - 160
Corporate
Depreciation and Amortization 315-330 375-400
GAAP Tax rate 38.5% 38.5%
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CORPORATE INFORMATION
SSE HEADQUARTERS
77nrg.com
777 NW 63rd St.
Oklahoma City, OK 73116
405-608-7777

CORPORATE CONTACTS
Bob Jarvis
Senior Director Investor
Relations and Marketing
bob.jarvis@77nrg.com
405-935-2572
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