1 HYDUKE ENERGY SERVICES INC Canadian Companies Doing Business in Mexico Congress Mexicano del Petroleo, Cancun, Mexico – June 7, 2013 CANADIAN QUALITY.

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Presentation transcript:

1 HYDUKE ENERGY SERVICES INC Canadian Companies Doing Business in Mexico Congress Mexicano del Petroleo, Cancun, Mexico – June 7, 2013 CANADIAN QUALITY GLOBAL FOCUS

2 CORPORATE PROFILE Company Overview – Hyduke Energy Inc. Experienced - over 35 year history Drilling and well service industries Canadian & International market Oilfield Product Development Turn-Key Equipment Design & Engineering Life Cycle Management Single Source Supply Based in Alberta, Canada Publicly traded on TSX exchange

3 OPERATIONS Turn-Key Equipment – Drilling / Workover Rigs HYDUKE ENERGY SERVICES INC Industry leading reputation Proven rig designs Project management expertise Design, engineering and drafting Extensive equipment knowledge Rig surveys, accident investigations Modernization & Retrofit Projects Modern and efficient API facilities

4 OPERATIONS Hydukes International Markets Worldwide Operations - MEXICO Hyduke has Extensive International Experience Existing Markets – United States, Cuba, Trinidad & Tobago, Bolivia, Brazil, Ecuador, Peru, Russia, Kazakhstan, Algeria, Libya, Egypt, India, Indonesia, Malaysia, Australia, Gabon, Oman & MEXICO

5 HYDUKES MARKET ENTRY STRATEGY MEXICO Intelligence Gathering Various Oil and Gas Shows Company Introductions Sector Competition Analysis Business Expectation Establish Qualified Contacts Initiating Due Diligence Mexican Partner Selection Gaining Trust Communications

6 FAILURES AND SUCCESS MEXICO Foreign Country Business Risks - Proceed with Caution – EDCs Help Select a Trusting Local Partner / Joint Venture / Agent Decision Making – Expect Lengthy Time - Expand Due Diligence Contracts - Canadian Jurisdiction Local & State Laws – Knowledge Employment / Labor Laws Regulatory Laws, Permits, Licenses Importation Laws / Taxes Preparation to Exit Profits back to Canada Exist Mechanism

7 CULTURE FACTORS MEXICO Culture Barriers Language - Spanish Security - Canadian Govt Info Cultural Differences Customer Policies Partnership - Mexican Law Business Strength with Locals

8 SUMMARY Opportunity - Intelligence Gathering Prioritize Area / Territorial Regions Accessing Business Opportunities Selecting JV / Partner / Agent Understanding Mexican & Local Laws Conduct Business w/ Local Culture Repatriating Margins back to Canada Use Caution to Minimize Risk Understand Mediation Process Develop Trust for Long Term Relations

9 HYDUKE ENERGY SERVICES INC Hyduke Contacts Gordon R. McCormack, President & CEO Telephone: Boris Makowecki, Executive Vice President Telephone: Tony Bulman, VP Market Development Telephone: HEAD OFFICE Ave Nisku, Alberta, Canada T4X 1L3 Ph Head Office 609 – 21 Avenue Nisku, Alberta, Canada, T9E 7X9 Telephone: Facsimile: