Hard Rock Directional Drilling. Company Overview

Transcription

1 Hard Rock Directional Drilling Company Overview

2 Company Profile About Us Leading provider of Horizontal Directional Drilling Services Headquartered in San Antonio, TX with additional operating locations in Pearsall and Edinburg 9+ years in business and over 100 years of combined experience Over 50 MSA s with Blue Chip & broad customer base Provide a comprehensive range of services including: Engineering & Bore design Turn-key Horizontal Directional Drilling installation Utility infrastructure installation Since inception in 2003 Hard Rock has successfully installed over 1.5 million ft. of pipe, with sizes ranging from 2 36 Key Differentiators Safety issues are the most important responsibility of our company and our resulting safety track record proves successful implementation Operated by a seasoned management team and drilling professionals fully trained in the complex HDD process Adhere to a strict training program Internal development and promotion program ensures Hard Rock is above and beyond the competition Comprehensive, new drilling and support fleet Provide a true Turn-Key Service: Field Operations are supported by: In-house Maintenance, Fabrication Department, Extensive Support Equipment, Internal Survey, Pre- and Post- Profile, and Potholling Capabilities; Hard Rock s Turn-Key Service results in: Reduced downtime, delays, and/or calls on the customer s equipment High reliability and on-time delivery Negates the need to rely on 3 rd party contractors or our customers for any back-up services 2

3 Company History First full-year of operation 1 drilling rig 3 employees 3 drilling rigs 9 employees Acquired San Antonio Facilty 7 drilling rigs 50 employees Majority of revenue from oil & gas 273,867 feet of production Added yard in Edinburg Opening West Texas yard 85 employees 13 drilling rigs Founded in July drilling rig Mainly served Utility & Telecommunication industries 2 drilling rigs 7 employees 4 drilling rigs 15 employees 5 drilling rigs 25 employees Customer base expanded to Oil & Gas industry Added in-house tool fabrication Acquired Pearsall property to capitalize on Eagle Ford play 96,496 feet of production 11 drilling rigs 73 employees Opened Pearsall office / maintenance facility Acquired Valley Boring 435,969 feet of production 3

4 Impeccable Safety Record Hard Rock allocates extensive resources and has an assigned staff that is dedicated to insure that the company remains an industry leader in safety Fully compliant with all necessary safety requirements Hard Rock is insured by Cincinnati Insurance Company, United States Fire Insurance Company and Texas Mutual Insurance with coverage that includes commercial general liability, any auto, hired auto, nonowner auto, and umbrella liability Safety policy: Internal Projects are subject to random safety audits Daily crews are required to follow the job safety analysis (JSA) procedure which Hard Rock has expanded to total job analysis and is reviewed each day with the crews on-site Hard Rock is a member in good standing with and compliant with the standards of: IS Networld Veriforce SafeLand NCCER PEC Premier Houston Area Safety Council NCMS PHMSA External Employees are evaluated based on their safety records and the safety records of employees they supervise Require employees to actively participate in internal training and service programs relevant to their employment and complete any training programs required by law Adhere to a strict drug policy where employees are subject to pre-employment and random drug screens Only one recordable safety incident in Hard Rock s history. An achievement considering 9 years in business, over 1.5 million ft. drilled, and over 432,000 total man hours. 4

5 Seasoned Management Team and Deep Infrastructure (I) CEO Corporate Operations Business Development Safety Financial Field Operations Fully staffed corporate infrastructure department Corporate and field operations development staff 2 fully dedicated staff members assigned to ensure internal safety procedures are followed CFO Controller Fully staffed internal accounting department Annual audits by outside CPA firm Next slide details our Field structure 5

6 Seasoned Management Team and Deep Infrastructure (II) Field Operations General Subcontractors Drilling Operations are supported by both s and s 6

7 Comprehensive, New Drilling and Support Fleet Hard Rock Facts 184 total pieces of equipment Key Operating Assets: 6 Vermeer 36 x 50 drills 2 Vermeer 60 x 90 drills 3 Vermeer 100 x 120 drills 1 Universal 160 x 240 drill 1 Vermeer 500 x 500 drill 1 Vermeer 40 x 40 1 American Auger 48/54 4 High-Volume Super Vac Trucks 7

8 True Turn-Key Operations Field Operations are supported by: Engineering & Bore Design Atlas Bore Planner Autocad DCE Datalog GPS surveying equipment 2-Pair track downhole wireline systems Access to bore profiles via website Extensive Support Equipment Dedicated Fleet Manager Track hoes Trailers/haul trucks Mud/water trucks Vacuum trucks Field Servicing trucks Dedicated Fabrication Department Can customize tools required for any job Can build cooling/heating & trash trailers CAD Machine Pearsall Yard Onsite mechanics & service trucks Storage Admin support/ in addition to San Antonio Employee housing facilities Valley Boring Acquisition & Yard Additional drilling rigs 1 dry machine American Auger 48 /52 2 additional Super Vac trucks Storage Hydro excavation also have air capabilities Wireline True Turn-Key service negates the need to rely on 3 rd party contractors or our customer for any back-up services 8

9 Broad & Blue Chip Customer Base 9