|Superior Energy Services and Its Employees Donate $400,000 to the American Red Cross Disaster Relief Fund|
|HARVEY, La., Sep 14, 2001 (BUSINESS WIRE) -- Superior Energy Services
(NYSE:SPN) and its employees announced today that they will contribute $400,000
in individual and corporate matching contributions to the American Red Cross
Disaster Relief Fund to assist with relief efforts in New York and Washington,
Superior and its 3,300 employees raised the funds in less than 48 hours. The Company reports that it received 100% participation from its employees. Superior matched its employee contributions dollar for dollar.
"At Superior, we talk about serving our customers through the power of one," said Terry Hall, President and CEO of Superior Energy Services. "Today, through the power of one, our employees came together and stepped up to serve our country, demonstrating their commitment and compassion during this difficult period. We hope these funds will assist those affected by this tragedy."
Superior Energy Services, Inc. provides a broad range of specialized oilfield services and equipment primarily to major and independent oil and gas companies engaged in the exploration, production and development of oil and natural gas properties offshore in the Gulf of Mexico and throughout the Gulf Coast region. These services and equipment include the rental of liftboats, rental of specialized oilfield equipment, electric and mechanical wireline services, well plug and abandonment services, coiled tubing services and engineering services. Additional services provided include contract operating and supplemental labor, offshore construction and maintenance services, offshore and dockside environmental cleaning services, the manufacture and sale of drilling instrumentation and the manufacture and sale of oil spill containment equipment.
CONTACT: Superior Energy Services Terence Hall or Greg Rosenstein, 504/362-4321