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COMPANY UPDATE

COMPANY UPDATE. November 2018. MB Century is…. Exploration / Production Drilling. Resource Evaluation. Plant Construction. Plant Operation. • Reservoir Chemistry • Geothermal Evaluation.

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COMPANY UPDATE

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  1. COMPANY UPDATE November 2018

  2. MB Century is… Exploration / Production Drilling Resource Evaluation Plant Construction Plant Operation • Reservoir Chemistry • Geothermal Evaluation • Geothermal Drilling• Reservoir Logging• Reservoir Chemistry• Drilling Engineering• Drilling Logistics• Health & Safety training • Steamfield Design• Steamfield Construction • Heavy Fabrication• Precision Machining• Industrial Coating• Health & Safety Training • Project Management • Power Systems & Commissioning • Hydro Engineering/Design • Plant Operation• Maintenance & Overhaul • Reservoir Management• Reservoir Logging • Power Systems & Commissioning • Hydro Engineering/Design MB Century awards include: • Excellence in Health and Safety – Deloittes Energy Excellence Awards • Finalist Safeguard Health and Safety Awards • Practitioner of the Year 2014 Finalist Safeguard Health and Safety Awards • Energy Innovation of the Year 2016 – Deloittes Energy Excellence Awards

  3. Company Update • Strong Health & Safety Performance • Competency Assurance program for all employees: 7,900+ assessments completed to date. • Generation 2 HTCC-MF tool: International work • Rig 32 active NZ drilling campaign. Big Ben mobilising • Introduction of Well Completions equipment and capability • In collaboration with successfully introduced the Geothermal Wellhead Repair Tool (GWERT) to NZ. • Agency support to for tailored chemical solutions to remove/prohibit geothermal well scale

  4. Company Update • Hamilton Office • South Island Office • Kawerau Office pending • Power station maintenance/overhauls – Geothermal, Hydro and Thermal. Nationally and Internationally. Consolidating expertise. • Expansion of Mechanical Services to Australia, Philippines and Japan ( including Toshiba TA’s) • Increased Project Management capability • Expansion of Hydro Engineering resource • Steam field and design support to domestic & international market

  5. Company Update - International • Japan - Relationship Venture with Obayashi Corporation. Geothermal drilling, reservoir logging and steam field design. • Mexico – Entity and office. Undertaking reservoir logging and steam field design works. • Philippines – Further expansion of reservoir logging and hydro design services. • Australia – Establishment of entity. Hydro engineering, project management and mechanical support

  6. For more information please contact: Marcel Manders Chief Executive Email: mmanders@mbcentury.com

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