Superior Energy Services Receives Notice From NYSE Regarding Continued Listing Standard
In accordance with applicable NYSE procedures, the Company plans to submit a plan to regain compliance with the NYSE continued listing standards within 18 months. The Company will submit the plan to the NYSE within 45 days of its receipt of the Notice. The Notice has no immediate impact on the listing of the Company's common stock, which will continue to trade on the NYSE.
This press release includes forward-looking statements as defined under federal law, including, but not limited to, those related to the company's intention to regain compliance with the NYSE continued listing standards. These forward-looking statements are generally identified by the words "believe," "expect," "anticipate," "estimate," "intend," "plan," "may," "should," "could," "will," "would," and "will be," and variations of such words and similar expressions, although not all forward-looking statements contain these identifying words. Such statements are subject to significant risks, assumptions and uncertainties. Known material factors that could cause the Company's actual results to differ materially from the results contemplated by such forward-looking statements are described in the forward looking statements and risk factors in the Company's Annual Report on Form 10-K for the fiscal year ended
Paul Vincent, VP of Treasury and Investor Relations, (713) 654-2200