e8vk
 

 
 
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): June 5, 2006
SUPERIOR ENERGY SERVICES, INC.
(Exact name of registrant as specified in its charter)
         
Delaware
(State or other jurisdiction)
  0-20310
(Commission File Number)
  75-2379388
(IRS Employer Identification No.)
     
1105 Peters Road, Harvey, Louisiana
(Address of principal executive offices)
  70058
(Zip Code)
(504) 362-4321
(Registrant’s 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 8.01. Other Events.
     On June 5, 2006, Superior Energy Services, Inc. issued a press release announcing the expiration of the cash tender offer for all $200 million of the outstanding 8 7/8% Senior Notes due 2011 of SESI, L.L.C., its wholly-owned subsidiary. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
     (c) Exhibits.
     
99.1
  Press release issued by Superior Energy Services, Inc., dated June 5, 2006.

 


 

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.
         
  SUPERIOR ENERGY SERVICES, INC.
 
 
  By:   /s/ Robert S. Taylor    
    Robert S. Taylor   
    Chief Financial Officer   
 
Dated: June 6, 2006

 


 

EXHIBIT INDEX
     
Exhibit    
Number   Description
 
   
99.1
  Press release issued by Superior Energy Services, Inc., dated June 5, 2006.

 

exv99w1
 

Exhibit 99.1
     
(Superior LOGO)
   
 
  1105 Peters Road
 
  Harvey, Louisiana 70058
 
  (504) 362-4321
 
  Fax (504) 362-1818
 
  NYSE: SPN
     
FOR IMMEDIATE RELEASE
  FOR FURTHER INFORMATION CONTACT:
 
  Terence Hall, CEO; Robert Taylor, CFO;
 
  Greg Rosenstein, VP of Investor Relations, 504-362-4321
Superior Energy Services, Inc. Announces Expiration of Tender Offer for
8 7/8% Senior Notes Due 2011
(Harvey, LA, Monday, June 5, 2006) Superior Energy Services, Inc. (NYSE: SPN) announced today that the cash tender offer for any and all of the outstanding 8 7/8% Senior Notes due 2011 (the “Notes”) of SESI, L.L.C., its wholly-owned subsidiary (the “Company”), expired today at 5:00 p.m., New York City time (the “Expiration Date”). As of the Expiration Date, the Company received validly tendered Notes from holders of approximately $195.3 million, or 97.6%, of the aggregate outstanding principal amount of Notes.
Bear, Stearns & Co. Inc. acted as the dealer manager and solicitation agent for the tender offer. The Bank of New York Trust Company, N.A. served as the depositary and D.F. King & Co., Inc. served as the information agent for the tender offer.
This announcement is not an offer to purchase, a solicitation of an offer to purchase or a solicitation of consents with respect to any securities. The tender offer and consent solicitation were made solely by way of the Offer to Purchase and Consent Solicitation Statement, which the Company has distributed to holders of the Notes.
About Superior Energy Services, Inc.
Superior Energy Services, Inc. is a leading provider of specialized oilfield services and equipment focused on serving the production-related needs of oil and gas companies primarily in the Gulf of Mexico and the drilling-related needs of oil and gas companies in the Gulf of Mexico and select international market areas. The Company uses its production-related assets to enhance, maintain and extend production and, at the end of an offshore property’s economic life, plug and decommission wells. Superior also owns and operates mature oil and gas properties in the Gulf of Mexico.
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 which involve known and unknown risks, uncertainties and other factors. Among the factors that could cause actual results to differ materially are: volatility of the oil and gas industry, including the level of exploration, production and development activity; risks associated with the Company’s rapid growth; changes in competitive factors and other material factors that are described from time to time in the Company’s filings with the Securities and Exchange Commission. Actual events, circumstances, effects and results may be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Consequently, the forward-looking statements contained herein should not be regarded as representations by Superior or any other person that the projected outcomes can or will be achieved.
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