September 29, 2016 1:56 AM ET

Energy Equipment and Services

Company Overview of Nomac Drilling, L.L.C.

Company Overview

Nomac Drilling, L.L.C. provides oil and gas drilling services. Nomac Drilling, L.L.C. was founded in 2001 and is based in El Reno, Oklahoma. Nomac Drilling, L.L.C. operates as a subsidiary of Chesapeake Oilfield Operating, L.L.C. On June 7, 2016, Nomac Drilling, L.L.C., filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

3400 South Radio Road

El Reno, OK 73036

United States

Founded in 2001

Phone:

405-422-2754

Fax:

405-422-2750

Key Executives for Nomac Drilling, L.L.C.

Nomac Drilling, L.L.C. does not have any Key Executives recorded.

Nomac Drilling, L.L.C. Key Developments

Nomac Drilling Reports Earnings Results for the Second Quarter Ended June 30, 2015

Nomac Drilling reported earnings results for the second quarter ended June 30, 2015. For the quarter, the company reported revenues of $100.4 million and adjusted EBITDA of $38.3 million compared to $189.2 million and adjusted EBITDA of $68.9 million for the comparable quarter of last year. The increase in financial performance is due to an unprecedented drop in U.S. drilling activity and an increase in labor-related costs per revenue day due to the rapid pace at which drilling rigs were idled during the quarter. Also compacting revenues is idle but contracted rigs.

Nomac Drilling, L.L.C., Performance Technologies, L.L.C., Great Plains Oilfield Rental, L.L.C., Hodges Trucking Company, L.L.C. and Oilfield Trucking Solutions, L.L.C. Enters into Amendment to its Credit Agreement

Effective as of May 13, 2015, Nomac Drilling, L.L.C., Performance Technologies, L.L.C., Great Plains Oilfield Rental, L.L.C., Hodges Trucking Company, L.L.C. and Oilfield Trucking Solutions, L.L.C., all wholly owned subsidiaries of Seventy Seven Energy Inc., entered into Amendment No. 1, dated as of April 23, 2015, to the credit agreement, dated as of June 25, 2014, by and among Nomac, PTL, GPOR, Hodges and OTS, as borrowers, the guarantors named therein, Wells Fargo Bank, National Association, as administrative agent, Wells Fargo Bank, National Association and Bank of America, N.A., as joint lead arrangers and joint book runners, Bank of America, N.A., as syndication agent, Credit Agricole Corporate and Investment Bank and SunTrust Bank, as co-documentation agents, and the lenders named therein. The Amendment increased the amount of indebtedness permitted to be incurred under the Term Loan Credit Agreement from $400 million to $500 million.

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