-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EcNbvugcqntYxHLHpnkMC1DMrXT6NgTZVDY0krkH3N+UB5oKUbchxTj2VVFPkVJa Ocyw6IwzVNSKsC6Y5CbA/A== 0001000229-11-000002.txt : 20110114 0001000229-11-000002.hdr.sgml : 20110114 20110114090057 ACCESSION NUMBER: 0001000229-11-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20110114 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110114 DATE AS OF CHANGE: 20110114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CORE LABORATORIES N V CENTRAL INDEX KEY: 0001000229 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 000000000 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14273 FILM NUMBER: 11528901 BUSINESS ADDRESS: STREET 1: 1017 BZ AMSTERDAM STREET 2: HERENGRACHT 424 CITY: THE NETHERLANDS STATE: P7 BUSINESS PHONE: 3124203191 MAIL ADDRESS: STREET 1: 6316 WINDFERN CITY: HOUSTON STATE: TX ZIP: 77040 8-K 1 clb-8k_dividend.htm 8-K DIVIDEND ANNOUNCEMENT clb-8k_dividend.htm

 
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): January 14, 2011
 
 
 
 
 
CORE LABORATORIES N.V.
 
 
(Exact name of registrant as specified in its charter)
 
 
001-14273
 
 
(Commission File Number)
 
The Netherlands
Not Applicable
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
   
Herengracht 424
 
1017 BZ Amsterdam
 
The Netherlands
Not Applicable
(Address of principal executive offices)
(Zip Code)
   
 
Registrant's telephone number, including area code: (31-20) 420-3191
 
 
 
 
 
Check the appropriate below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2 (b))
   
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))

 
 

 

 
Item 7.01 Regulation FD Disclosure
 
 
On January 14, 2011, Core Laboratories N.V. issued a press release announcing a quarterly cash dividend of $0.25 per share of common stock for shareholders of record on January 25, 2011 and payable February 25, 2011.
 
 
The full text of the press release is set forth in Exhibit 99.1 attached hereto.
 
 
The information in this Report and the exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly stated by specific reference in such filing.
 
 
 
 
 
Item 9.01 Financial Statements and Exhibits
 
 
                (d)    Exhibits
 
99.1
 
Press release issued on January 14, 2011*
 
* This exhibit is intended to be furnished and shall not be deemed "filed" for purposes of the Exchange Act.
 
 
 
 
 
 
 

 
 

 

 

 
 
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.
 
 
 
 
 
 
 
             
   
Core Laboratories N.V.
             
Dated: January 14, 2011
 
By
 
/s/ Richard L. Bergmark
   
       
Richard L. Bergmark
   
       
Chief Financial Officer
   
 
 
 
 
 
 
 
 
 

 
 

 

 
CORE LABORATORIES N.V.
 
 
EXHIBIT INDEX TO FORM 8-K
 
 
 
 
 
 
 
 
 
 
     
EXHIBIT NO.
 
ITEM
     
99.1
 
Press release issued on January 14, 2011*
 
* This exhibit is intended to be furnished and shall not be deemed "filed" for purposes of the Exchange Act.
 
 
 
 


 
 

 

EX-99.1 2 exhibit-99_pressrelease.htm PRESS RELEASE exhibit-99_pressrelease.htm


FOR IMMEDIATE RELEASE
For more information contact:
Richard L. Bergmark, 713-328-2101
Fax: 713-328-2151


CORE LAB ANNOUNCES Q1 2011 QUARTERLY DIVIDEND;
 INCREASES DIVIDEND FROM $0.06 PER SHARE TO $0.25 PER SHARE

AMSTERDAM (14 January 2011) - The Board of Supervisory Directors of Core Laboratories N.V. (NYSE: "CLB") has announced a cash dividend payable in the first quarter of 2011 of $0.25 per share of common stock.  This increase, in part, reflects a decision by the Company to incorporate its practice of paying an annual special dividend into its quarterly dividends. On an annualized basis, the quarterly cash dividend for the first quarter of 2011 would equal a payout of $1.00 per share of common stock which is 12% greater when compared to the total $0.89 per share dividend paid in 2010 comprised of the four $0.06 per share quarterly dividends (which reflect the Company’s two-for-one stock split that was effective 8 July 2010) plus the $0.65 per share special dividend paid in August 2010.  The quarterly $0.25 per sha re cash dividend will be payable on 25 February 2011 to shareholders of record on 25 January 2011. Dutch withholding tax will be deducted from the dividend at a rate of 15%.

Any determination to declare a future quarterly cash dividend, as well as the amount of any such cash dividend which may be declared, will be based on the Company's financial position, earnings, earnings outlook, capital expenditure plans, ongoing share repurchases, potential acquisition opportunities, and other relevant factors at the time.


The Company has scheduled a conference call to discuss Core's fourth quarter 2010 earnings. The call will begin at 7:30 a.m. CST on Thursday, 10 February 2011. To listen to the call, please go to Core's website at www.corelab.com.


Core Laboratories N.V. (www.corelab.com) is a leading provider of proprietary and patented reservoir description, production enhancement, and reservoir management services used to optimize petroleum reservoir performance. The Company has over 70 offices in more than 50 countries and is located in every major oil-producing province in the world.

This release includes forward-looking statements regarding the future revenues, profitability, business strategies and developments of the Company made in reliance upon the safe harbor provisions of Federal securities law.  The Company's outlook is subject to various important cautionary factors, including risks and uncertainties related to the oil and natural gas industry, business conditions, international markets, international political climates and other factors as more fully described in the Company's 2009 Form 10-K filed on 19 February 2010, and in other securities filings. These important factors could cause the Company's actual results to differ materially from those described in these forward-looking statements. Such statements are based on current expectations of the Company's performance and are subject to a varie ty of factors, some of which are not under the control of the Company. Because the information herein is based solely on data currently available, and because it is subject to change as a result of changes in conditions over which the Company has no control or influence, such forward-looking statements should not be viewed as assurance regarding the Company's future performance.   The Company undertakes no obligation to publicly update any forward-looking statement to reflect events or circumstances that may arise after the date of this press release.

# # #

 
 

 

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-----END PRIVACY-ENHANCED MESSAGE-----