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?

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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

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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

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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

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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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