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 6, 2002
SUPERIOR ENERGY SERVICES, INC.
(Exact name of registrant as specified in its charter)
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Delaware (State or other jurisdiction of incorporation) |
0-20310 (Commission File Number) |
75-2379388 (IRS Employer Identification No.) |
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1105 Peters Road, Harvey, Louisiana (Address of principal executive offices) |
70058 (Zip Code) |
(504) 362-4321
(Registrant's telephone number, including area code)
Item 5. Other Events.
On June 6, 2002, Superior Energy Services, Inc. issued the press release attached hereto as Exhibit 99.
Item 7. Financial Statements and Exhibits.
(a) Exhibits.
| 99 | Press release issued by Superior Energy Services, Inc. on June 6, 2002, announcing that it has taken delivery of the newly constructed Superior Storm, a 245-ft. class liftboat. |
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: June 6, 2002
Exhibit 99
Thursday June 6, 12:34 pm Eastern Time
Press Release
SOURCE: Superior Energy Services, Inc.
Superior Energy Services, Inc. Takes Delivery of 245-Foot Class Superior Storm Liftboat
HARVEY, La.--(BUSINESS WIRE)--June 6, 2002-- Superior Energy Services, Inc. (NYSE:SPN) today announced it has taken delivery of the newly constructed 245-ft. class Superior Storm liftboat. The Superior Storm is an ABS-classed, U.S. Coast Guard inspected vessel with a useable deck space of approximately 6,550 square feet, accommodations for up to 42 people and is equipped with a 250-ton crane - the largest single crane capacity of any liftboat in the world.
Superior now owns four liftboats with leg lengths of 230-ft. and greater and is currently constructing another 245-ft. class liftboat, which it expects to take delivery of in the fourth quarter of 2002.
"The Superior Storm provides us additional capacity to serve our customers' growing need for larger, multi-purpose liftboats," said Terry Hall, president and CEO of Superior Energy Services, Inc. "The Storm, much like our other large liftboats, can support our well intervention and bundled services projects, perform heavy lifts, and support pipeline tie-ins and other construction-related projects. These larger liftboats uniquely position us within the production-related services market."
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.
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.
Contact:
Superior Energy Services, Inc.
Robert Taylor, 504/362-4321
Fax, 504/362-1818
or
Investor Relations:
Greg Rosenstein, 504/362-4321