Investment
Opportunity
Opportunity
hEMS Business Value Proposition
Business model anchored in highly predictable cash flows based on 1 – 2 year contracts with high degree of renewal certainty
Attractive Addressable Market |
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Favorable Risk-adjusted Return Profile |
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Proven Track Record & Stable Financial Position |
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Robust Opportunity Catalysts |
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High ESG Value |
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Environmental Impact
CleanDesign hEMS Environmental Impact Analysis
Diesel Reduction (Gal.) | CO2 Reduction (Tonnes) | Equivalent Cars Removed | |
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Currently Deployed (3 Rigs) | 450,000 | 4,500 | 975 |
Dec 31, 2021 Annual Impact – Low (13 Rigs) | 1,950,000 | 19,500 | 4,225 |
Dec 31, 2021 Annual Impact – High (24) | 3,600,000 | 36,000 | 7,800 |
100 hEMS Enabled Rigs | 15,000,000 | 150,000 | 32,500 |
300 hEMS Enabled Rigs | 45,000,000 | 450,000 | 97,500 |
600 hEMS Enabled Rigs | 90,000,000 | 900,000 | 195,000 |
100 rigs represents only a 16.7% penetration of the North American market at current depressed levels of drilling rigs.