Working Together as a Leadership Team in a Downturn - part 2

WORKING TOGETHER AS A LEADERSHIP TEAM IN A DOWNTURN: HR, OPERATIONAL AND BUSINESS PERSPECTIVES

Moderator: Brad MacLean Industry Culture Consultant, NOVA Cultural Improvement

Ray Gonzales VP of HR, Continental Resources

Marty Kunz VP of HR, C&J Energy

James Tastard VP of HR, Freeport LNG

Luis Jimenez HR and Total Rewards Executive

GENERAL SESSION

STRATEGIES & OPPORTUNITIES: MANAGING IN A TURBULENT OIL & GAS WORLD

C&J Energy Services, Ltd.

Marty J. Kunz, SPHR Vice President, Human Resources

Working Together as a Leadership Team

in a Downturn: HR and Operations April 2, 2015

© C&J Energy Services, Ltd. 2015

Who is C&J?

3 © C&J Energy Services, Ltd. 2015

Introduced Coiled Tubing Services in Robstown, Texas

Initial Public Offering on NYSE

Acquired Total Equipment And Services in Granbury, Texas

Corporate Office Moved to Houston, Texas

Josh Comstock Founded C&J in Robstown, Texas

1999 2007 2012

1997 2002 2011

2014

International Expansion into Middle East; Opening of New R&T Center in Houston, Texas

2013

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Our History

Introduced Stand-alone Pumping Services

Introduced Fracturing Services: Robstown, Texas

Introduced Wireline with Acquisition of Casedhole Solutions

Opening of New Corporate Office

C&J Integration with Nabors

© C&J Energy Services, Ltd. 2015

2015

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Financial Growth - Revenues

2010 2011 2012 2013 2014

$244 Million

$758 Million

$1.1 Billion $1.0 Billion

$1.6 Billion

© C&J Energy Services, Inc. 2014 6 © C&J Energy Services, Ltd. 2015 © C&J Energy Services, Inc. 2014 6 © C&J Energy Services, Ltd. 2015

Where We Operate

Services We Provide During the Life of the Well

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Directional Services

Cementing

Fracturing

Coiled Tubing

Casedhole Solutions

Rig Services

Fluids Management

Special Services

© C&J Energy Services, Ltd. 2015

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Working Together:

Human Resources and Operations

Three Areas of Focus

• Training

• Career Development

• “Upgrading Staff”

© C&J Energy Services, Inc. 2014

Training

• During “busy times” in the oil patch, the focus is on “getting the job done” for the client, and adding staff as needed

• Training often is put on the “back burner”

• During a downturn, there is more time available to complete needed training

© C&J Energy Services, Inc. 2014

Career Development

• In addition to training, downturns allow both Operations and HR to evaluate talent, and focus on the development of that talent

• Reevaluate career paths and/or “reset” paths for others

• Time for reflection and focus on bench strength

• Succession Planning – Get ready for the next “boom”

© C&J Energy Services, Inc. 2014

“Upgrade” Staff

• During a “boom”, the bar is sometimes lowered

• With layoffs, available talent is out there in the marketplace

• Even employees that are still employed may, for the first time, consider a “change”

© C&J Energy Services, Inc. 2014

© C&J Energy Services, Ltd. 2015

Thank You!

cjenergy.com

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