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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 15, 2005
SUPERIOR ENERGY SERVICES, INC.
(Exact name of registrant as specified in its charter)
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Delaware
(State or other jurisdiction)
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0-20310
(Commission File Number)
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75-2379388
(IRS Employer Identification No.) |
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1105 Peters Road, Harvey, Louisiana
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70058 |
(Address of principal executive offices)
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(Zip Code) |
(504) 362-4321
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligations of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 1.01 Entry Into a Material Definitive Agreement.
On November 15, 2005, SESI, L.L.C. (SESI), The Bank of New York Trust Company, N.A., and
certain subsidiaries of Superior Energy Services, Inc. (the Company), entered into a Fifth
Supplemental Indenture to the Indenture, dated as of May 2, 2001, as amended, by and among the
Company, SESI, the subsidiary guarantors named therein, and The Bank of New York Trust Company,
N.A., as trustee, with respect to SESIs 8-7/8% Senior Notes due May 15, 2011 (the Notes). The
purpose of the Fifth Supplemental Indenture is to amend the Indenture to add those certain
subsidiaries of the Company as guarantors with respect to the Notes.
The foregoing description of the Fifth Supplemental Indenture does not purport to be complete
and is qualified in its entirety by reference to the Fifth Supplemental Indenture which is filed as
Exhibit 4.1 hereto and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
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(c) |
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Exhibits |
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4.1 |
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Fifth Supplemental Indenture, dated as of November 15, 2005,
but effective as of October 31, 2005, by and among SESI, L.L.C., The Bank of
New York Trust Company, N.A., as Trustee, and the subsidiaries of Superior
Energy Services, Inc. identified therein. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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SUPERIOR ENERGY SERVICES, INC.
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By: |
/s/ Robert S. Taylor |
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Robert S. Taylor |
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Chief Financial Officer |
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Dated: November 15, 2005
Exhibit Index
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4.1 |
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Fifth Supplemental Indenture, dated as of November 15, 2005,
but effective as of October 31, 2005, by and among SESI, L.L.C., The Bank of
New York Trust Company, N.A., as Trustee, and the subsidiaries of Superior
Energy Services, Inc. identified therein. |
exv4w1
Exhibit 4.1
FIFTH SUPPLEMENTAL INDENTURE
This FIFTH SUPPLEMENTAL INDENTURE, dated as of November 15, 2005, but effective as of October
31, 2005 (the Fifth Supplemental Indenture), is made and entered into by and among SESI, L.L.C.,
a Delaware limited liability company (the Company), CSI Technologies, LLC, a Texas limited
liability company, J.R.B. Consultants, Inc., a Texas corporation, SEMO, L.L.C., a Louisiana limited
liability company, SEMSE, L.L.C., a Louisiana limited liability company, Snubbing Technology
Services, LLC, a Georgia limited liability company, Superior Canada Holding, Inc., a Delaware
corporation, and Universal Fishing and Rental Tools, Inc., a Louisiana corporation (collectively,
the Additional Guarantors), and The Bank of New York Trust Company, N.A., as trustee (the
Trustee), pursuant to an Indenture, dated as of May 2, 2001 and amended as of July 9, 2001,
September 1, 2001, January 10, 2002 and July 1, 2004, among the Company, Superior Energy Services,
Inc., the Subsidiary Guarantors named therein and the Trustee (the Indenture). All capitalized
terms used in this Fifth Supplemental Indenture that are not otherwise defined herein shall have
the respective meanings assigned to them in the Indenture.
RECITALS
WHEREAS, the Additional Guarantors desire to Guarantee the Companys obligations with respect
to the Notes on the terms provided for in the Indenture;
WHEREAS, Section 9.01 of the Indenture provides, among other things, that the Company and the
Trustee may amend the Indenture and the Notes without the consent of any Holder of a Note to add
Guarantees with respect to the Notes, including any Subsidiary Guarantees;
WHEREAS, the Company desires to amend the Indenture and the Notes to add each Additional
Guarantor as a Guarantor with respect to the Notes; and
WHEREAS, the Company, the Additional Guarantors and the Trustee are executing and delivering
this Fifth Supplemental Indenture in order to provide that the Additional Guarantors shall
Guarantee the Companys obligations with respect to the Notes on the terms provided for in the
Indenture.
NOW, THEREFORE, for and in consideration of the premises, and other good and valuable
consideration, the sufficiency and receipt of which are hereby acknowledged, it is mutually agreed,
for the equal and proportionate benefit of all Holders, as follows:
ARTICLE I.
AMENDMENT TO INDENTURE
Section 1.1 Addition of Subsidiary Guarantor. The Additional Guarantors hereby agree
to Guarantee the Companys obligations with respect to the Notes on the terms provided for in the
Indenture for the benefit of the Holders of the (i) Exchange Notes and (ii) if and when issued, any
Additional Notes that the Company may from time to time choose to issue pursuant to the Indenture.
Section 1.2 Definition. The definition of Subsidiary Guarantor contained in Section
1.01 of the Indenture is hereby amended to include each of CSI Technologies, LLC, J.R.B.
Consultants, Inc., SEMO, L.L.C., SEMSE, L.L.C., Snubbing Technology Services, LLC, Superior Canada
Holding, Inc., and Universal Fishing and Rental Tools, Inc., as a Subsidiary Guarantor.
ARTICLE II.
GENERAL PROVISIONS
Section 2.1 Effectiveness of Amendment. This Fifth Supplemental Indenture is
effective as of October 31, 2005.
Section 2.2 Ratification of Indenture. The Indenture is in all respects acknowledged,
ratified and confirmed, and shall continue in full force and effect in accordance with the terms
thereof and as supplemented by this Fifth Supplemental Indenture. The Indenture and this Fifth
Supplemental Indenture shall be read, taken and construed as one and the same instrument.
Section 2.3 Certificate and Opinion as to Conditions Precedent. Simultaneously with
and as a condition to the execution of this Fifth Supplemental Indenture, the Company is delivering
to the Trustee:
(a) an Officers Certificate in form and substance reasonably satisfactory to the Trustee
stating that, in the opinion of the signers, the Fifth Supplemental Indenture is permitted by the
Indenture and all conditions precedent and covenants, if any, provided for in the Indenture
relating to the amendment and supplement of the Indenture have been satisfied; and
(b) an Opinion of Counsel in form and substance reasonably satisfactory to the Trustee meeting
the requirements set forth in Section 9.06 of the Indenture.
Section 2.4 Effect of Headings. The Article and Section headings in this Fifth
Supplemental Indenture are for convenience only and shall not affect the construction of this Fifth
Supplemental Indenture.
Section 2.5 Governing Law. THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND
BE USED TO CONSTRUE THIS FIFTH SUPPLEMENTAL INDENTURE, WITHOUT GIVING EFFECT TO APPLICABLE
PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER
JURISDICTION WOULD BE REQUIRED THEREBY.
Section 2.6 Counterparts. This Fifth Supplemental Indenture may be executed in any
number of counterparts, each of which so executed shall be deemed to be an original, but all such
counterparts shall together constitute the same instrument. Delivery of an executed counterpart of
a signature page of this Fifth Supplemental Indenture by facsimile transmission shall be effective
as delivery of a manually executed counterpart of this Fifth Supplemental Indenture.
[The Remainder of this Page is Intentionally Left Blank]
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IN WITNESS WHEREOF, the parties hereto have caused this Fifth Supplemental Indenture to be
duly executed as of the day and year first above written.
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SESI, L.L.C.,
a Delaware limited liability company |
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By:
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Superior Energy Services, Inc. |
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as managing member |
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By: |
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/s/ Robert S. Taylor |
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Robert S. Taylor Executive Vice President, Treasurer and
Chief Financial Officer |
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THE BANK OF NEW YORK TRUST COMPANY, N.A.,
as Trustee |
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By: |
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/s/ William Cardozo |
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William Cardozo |
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Vice President |
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CSI TECHNOLOGIES, LLC,
a Texas limited liability company |
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J.R.B. CONSULTANTS, INC.,
a Texas corporation |
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SEMO, L.L.C.,
a Louisiana limited liability company |
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SEMSE, L.L.C.,
a Louisiana limited liability company |
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SNUBBING TECHNOLOGY SERVICES, LLC,
a Georgia limited liability company |
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UNIVERSAL FISHING AND RENTAL TOOLS, INC.,
a Louisiana corporation |
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By: |
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/s/ Robert S. Taylor |
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Robert S. Taylor |
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Vice President and Treasurer |
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SUPERIOR CANADA HOLDING, INC.,
a Delaware corporation |
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By: |
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/s/ Robert S. Taylor |
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Robert S. Taylor |
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Secretary and Treasurer |
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