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) September 7, 1999 SUPERIOR ENERGY SERVICES, INC. (Exact name of registrant as specified in its charter) Delaware 0-20310 75-2379388 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 1105 Peters Road, Harvey, Louisiana 70058 (Address of principal executive offices) (Zip Code) (504) 362-4321 (Registrant's telephone number, including area code)ITEM 5. OTHER EVENTS On September 7, 1999, Superior Energy Services, Inc. issued the press release attached hereto as Exhibit 99. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (b) Exhibits. 99 Press release issued by Superior Energy Services, Inc. on September 7, 1999.
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: September 8, 1999
COMPANY PRESS RELEASE SUPERIOR ENERGY SERVICES, INC. AND PRODUCTION MANAGEMENT COMPANIES, INC. ANNOUNCE PLANNED MERGER HARVEY, La.--(BUSINESS WIRE)--Sept. 7, 1999--Superior Energy Services, Inc. (Nasdaq: SESI) announced today the signing of a definitive merger agreement pursuant to which Production Management Companies, Inc. will become a wholly owned subsidiary of Superior. Completion of the merger is subject to a satisfactory due diligence review and customary closing conditions. The transaction is expected to close during the fourth quarter of 1999. Production Management provides contract operating and supplemental labor services on offshore oil and gas producing properties, onshore fabrication of oil and gas production facilities and processing equipment, offshore construction and maintenance services, onshore and offshore sandblasting and platform coating services as well as offshore and dockside environmental cleaning services. Production Management is headquartered in Harvey, Louisiana. Superior 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 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, coil tubing services, engineering services, the manufacture, sale, and rental of drilling instrumentation, and the manufacture and sale of oil spill containment equipment. Superior is headquartered in Harvey, Louisiana. This news release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995. Although Superior believes that these statements are based upon reasonable assumptions, the companies can give no assurance that these expectations will be achieved. Actual results may differ materially due to various risks and uncertainties which are outside the control of the companies, such as market prices of oil and gas, the volatility of such prices, governmental regulation and trade restrictions, worldwide economic activity and political stability in major oil producing areas. Contact: Superior Energy Services Inc., Harvey Terence Hall or Robert Taylor, 504/362-4321