8-K

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 8, 2008

NEWPARK RESOURCES, INC.

(Exact name of registrant as specified in its charter)

Delaware	1-2960	72-1123385
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
2700 Research Forest Drive, Suite 100 The Woodlands, TX		77381
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (281) 362-6800

(Former name or former address, if changed since last report.)

Check the appropriate box 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 240.13a-4(c))

Item 7.01 Regulation FD Disclosure.

James E. Braun, Vice President and Chief Financial Officer of Newpark Resources, Inc. (“Newpark”) will be attending the Pritchard Capital Partners Energize 2008 Conference and participating in other investor meetings during the week of, and beginning on, January 8, 2008. The information furnished in Exhibit 99.1 and 99.2 to this report will be provided in connection with the investor presentation or upon request to current and potential investors. Exhibit 99.1 and Exhibit 99.2 are incorporated in this Item 7.01 by reference. The presentation materials will also be posted in the Investor Information section of Newpark’s website, http://www.newpark.com for 90 days after the event.

The information referenced under Item 7.01 (including Exhibits 99.1 and 99.2 referenced in Item 9.01 below) of this Current Report on Form 8-K is being “furnished” under “Item 7.01. Regulation FD Disclosure” and, as such, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information set forth in this Current Report on Form 8-K (including Exhibits 99.1 and 99.2 referenced in Item 9.01 below) shall not be incorporated by reference into any registration statement, report or other document filed by Newpark pursuant to the Securities Act of 1933, as amended (the “Securities Act”), except as shall be expressly set forth by specific reference in such filing. Newpark does not undertake to update the information as posted on its website; however, it may post additional information included in future press releases and Forms 8-K, as well as posting its periodic Exchange Act reports.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1	Pritchard Capital Partners Energize 2008 Conference Presentation.
99.2	Company Fact Sheet, dated January 2008.

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.

	NEWPARK RESOURCES, INC.
Dated: January 8, 2008	By:	/s/ James E. Braun
		James E. Braun, Vice President and Chief Financial Officer (Principal Financial Officer)

EXHIBIT INDEX

Exhibit No.	Description
99.1	Pritchard Capital Partners Energize 2008 Conference Presentation.
99.2	Company Fact Sheet, dated January, 2008.

EX-99.1

1

New Leadership

New Focus

New Strategy

Newpark

Pritchard Capital Partners

Energize 2008 Conference

January 9, 2008

Newpark Resources, Inc.

James E. Braun, Vice President and CFO

Exhibit 99.1

2

NYSE: NR

Company Profile

Specialized provider of:

Fluids Systems and Engineering

Mat and Integrated Services

Environmental Services*

Customers:

Oil and Gas Industry

Key markets:

North America

North Africa

South America

*Environmental Services to be divested

3

NYSE: NR

Mission & Vision

New leadership, new focus, new strategy

Achieve best-in-class competitive

positioning and performance in each

business line

Position for long-term growth through

more disciplined approach to strategic

investments

Build a strong reputation with investors

by delivering consistent performance to

realize the inherent value of services

4

NYSE: NR

New Leadership

Paul Howes, President & CEO

Jim Braun, VP & CFO

Mark Airola, GC & Admin Officer

Bruce Smith, President        

Fluids Systems and Engineering

Tom Eisenman, President

Excalibar Minerals LLC

Sean Mikaelian, President      

Mat & Integrated Services

Sammy Cooper, President

Environmental Services

5

NYSE: NR

New Focus

New leadership brought in with

industry experience

Spent majority of 2006 cleaning

house

Exited poor return businesses

Worked with Board to develop

strategic growth plan

New strategy rolled out in March

2007 based on the principles of:

Growth

Focus

Discipline

6

NYSE: NR

New Strategy

Grow Fluids Systems and Engineering

Organically / Acquisitions / Domestically / Internationally

Expand scope and geographic position in Mat and

Integrated Services

Reorganized from 5 units to 1 unit; 15% headcount reduction

Leverage relationships with existing customers

Divest

non-core

operations

–

Batson

Mill

for

$4MM

Acquired SEM Construction, based in Western Colorado

Exit Environmental Services

No longer fits long term corporate goals

Reached agreement in October to sell; close expected in first

quarter of 2008

7

NYSE: NR

New

Strategy

Rationale

–

Fluids

Core

business

line

–

80%

of

revenues

Technologically advanced & unique fluid systems

DeepDrill, FlexDrill, DeepDrill II and family of specialized  water-based

products, has performance applications for off-shore deepwater and shelf, as

well as land based drilling

Opportunity to grow market share in a growing market

Newpark

is

ranked

4

th

in

both

domestic

&

global

drilling

fluids

12%

domestic

market

share

1

7%

global

market

share

2

Organic and acquisition growth

Continued penetration of large integrated oil companies and NOC’s

Continued investments in technology

Targeted acquisitions

1

Source: Company estimate

2

Source: Spear & Associates, Inc.

8

NYSE: NR

$215.5

$272.9

$384.2

$481.4

$0

$150

$300

$450

$600

2003

2004

2005

2006

Fluids Segment Revenues

New Strategy Rationale –

Fluids

Strong Revenue Growth

9

NYSE: NR

New Strategy Rationale –

Fluids

Strong Margin Growth

5.4%

7.9%

10.6%

13.2%

0%

3%

6%

9%

12%

15%

2003

2004

2005

2006*

Fluids Operating Margins

* 2006 margins excludes hurricane damage-related business insurance proceeds

10

NYSE: NR

New Strategy Rationale –

Fluids

Revenue Growth

Operating Margin Growth

*2006 margins exclude $4.3M of hurricane damage-related insurance proceeds

11.8%

12.5%

5%

10%

15%

1st Nine Months 2006*

1st Nine Months 2007

$352.3

$386.4

$200

$225

$250

$275

$300

$325

$350

$375

$400

1st Nine Months 2006

1st Nine Months 2007

11

NYSE: NR

Serves major North America

basins

Approximately 16% share of

markets serviced in North

America

Substantial service facilities

network

Growing share vis-a-vis other

players

Well-positioned to expand

into new customers and

basins

Scope of Operations

North America Stronghold

Harbor

Island

Port O’ Connor

Victoria

Laredo

Galveston

Houston

Mexia

Carthage

Venice

Port Fourchon

Berwick

Intercoastal

City

Spanish

Lake

Cameron

Krebs

Oklahoma City

Woodward

Sweetwater

Clinton

Booker

Midland

Denver

Grand Junction

Casper

Evanston

Opal

Williston

New Iberia

Dyersburg

Offices

Barite Mills

Offshore Docks

Dallas

Metairie

Calgary

Artesia

Covington

Snyder

Edinburg

Baytown

Offices

Barite Mills

Offshore Docks

1

Source: Company estimate

1

12

NYSE: NR

Initial international market entry

through acquisition of Ava, S.p.A.

(Italy)

Current key markets

Mediterranean

North Africa

Eastern Europe

Plans for market expansion

Brazil

Scope of Operations

Expanding Internationally

13

NYSE: NR

Quality processor and supplier of

industrial minerals

Barite, Barytes

Calcium Carbonate

Alumina Trihydrate

(ATH)

Applications

Oilfield

Industrial

Integral to Fluids Systems and

Engineering

Scope of Operations

Excalibar Minerals LLC

14

NYSE: NR

New Strategy Rationale –

Mats

Leverage relationship with existing customers

Advantage of often being first service provider “on site”

Expand product and service offerings in the well site preparation market

Expansion and diversification

Growth opportunities beyond current Gulf Coast region

Maximize rental versus sales mix

15

NYSE: NR

$71.7

$80.8

$92.5

$100.5

$50

$75

$100

$125

2003

2004

2005

2006

Mat & Integrated Services Segment Revenues

New Strategy Rationale –

Mats

16

NYSE: NR

New Strategy Rationale –

Mats

Aiming to Expand Margins

0.6%

7.2%

14.4%

15.2%

0%

3%

6%

9%

12%

15%

18%

2003

2004

2005

2006

Mat & Integrated Services Operating Margins

17

NYSE: NR

New Strategy Rationale –

Mats

Revenue

Operating Margin

Focusing on Higher Margin Business & Customer Mix

*2006 includes $19M in low margin mats sales in Canada

15.9%

17.2%

5%

10%

15%

20%

1st Nine Months 2006

1st Nine Months 2007

$82.9

$66.6

$10

$20

$30

$40

$50

$60

$70

$80

$90

1st Nine Months 2006*

1st Nine Months 2007

18

NYSE: NR

Improvements in Balance Sheet-Debt

* Includes $21M of borrowings for acquisition of SEM in Q307

$220.9

$213.3

$195.1

$177.0

$178.2

$150

$175

$200

$225

$250

3rd Qtr 2006

4th Qtr 2006

1st Qtr 2007

2nd Qtr 2007

3rd Qtr 2007*

19

NYSE: NR

Capital Structure

$ in millions

Sept.

2007

New Credit

Facility

Sept. 2007

Proforma

Revolver

$      35.3

$ 

85.3

$        120.6

Term Loan

133.3

(83.3)

50.0

Other

9.6

9.6

Total Debt

178.2

2.0

180.2

Equity

352.8

(2.6)

350.2

Total Capitalization

$

531.0

$          (0.6)

$        530.4

Debt/Capitalization

33.6%

34.0%

20

NYSE: NR

Investment Considerations

New Leadership

New management team with industry experience in place

New Focus

Greater discipline

Focusing on improving profitability, returns and free cash flow

New Strategy

Growing Fluids organically and through acquisitions

Growing Mats through additional products, services and geography

Divesting non-core operations

Driving results to maximize shareholder value

New Leadership

New Focus

New Strategy

Newpark

Thank you for your interest!

New Leadership

New Focus

New Strategy

Newpark

Appendix

23

NYSE: NR

Financials

Newpark

Resources, Inc.

Consolidated Statements of Operations

(Unaudited)

Three Months Ended September 30,

Nine Months Ended September 30,

(In thousands, except per share data)

2007

2006

2007

2006

Revenues

153,778

$      

147,618

$      

453,024

$      

435,160

$      

Cost of revenues

133,756

122,846

393,176

376,028

20,022

24,772

59,848

59,132

General and administrative expenses

4,567

5,050

17,833

13,842

Operating income

15,455

19,722

42,015

45,290

Foreign currency exchange (gain) loss

(57)

16

(279)

(496)

Interest expense, net

3,950

6,160

12,182

15,210

Income from continuing operations before income taxes

11,562

13,546

30,112

30,576

Provision for income taxes

3,950

3,813

10,586

9,936

Income from continuing operations

7,612

9,733

19,526

20,640

(Loss) income from discontinued operations, net of taxes

(229)

(11,998)

2,563

(10,797)

Loss from disposal of discontinued operations, net of taxes

-

-

(2,173)

-

Net income

7,383

$          

(2,265)

$        

19,916

$        

9,843

$          

Basic weighted average common shares outstanding

90,085

89,417

89,965

89,281

Diluted weighted average common shares outstanding

90,542

89,658

90,503

89,872

Net income per common share (basic and diluted):

Income from continuing operations

0.08

$            

0.11

$            

0.22

$            

0.23

$            

(Loss) income from discontinued operations

(0.00)

(0.14)

0.00

(0.12)

Net income (loss) per common share

0.08

$            

(0.03)

$          

0.22

$            

0.11

$            

24

NYSE: NR

Financials

Newpark

Resources, Inc.

Consolidated Balance Sheets

(In thousands)

September 30, 2007

December 31, 2006

(Unaudited)

ASSETS

Current assets:

Cash and cash equivalents

7,412

$                          

12,736

$                        

Accounts receivable, net

142,141

141,790

Inventories

108,319

107,778

Deferred tax asset

20,076

23,001

Prepaid expenses and other current assets

16,566

12,176

Assets of discontinued operations

87,780

102,365

Total current assets

382,294

399,846

Property, plant and equipment, net

160,319

152,207

Goodwill

62,028

54,624

Deferred tax asset

-

7,096

Other intangible assets, net

17,503

8,236

Other assets

7,052

7,440

629,196

$                      

629,449

$                      

LIABILITIES AND STOCKHOLDERS’

EQUITY

Foreign bank lines of credit

5,928

$                          

10,938

$                        

Current maturities of long-term debt

3,066

4,058

Accounts payable

45,815

37,087

Accrued liabilities

35,299

40,439

Liabilities of discontinued operations

11,554

11,403

Total current liabilities

101,662

103,925

Long-term debt, less current portion

169,252

198,037

Deferred tax liability

858

-

Other noncurrent

liabilities

4,591

4,344

Total liabilities

276,363

306,306

Common Stock

901

897

Paid-in capital

448,940

444,763

Accumulated other comprehensive income

14,283

7,940

Retained deficit

(111,291)

(130,457)

Total stockholders’

equity

352,833

323,143

629,196

$                      

629,449

$                      

25

NYSE: NR

Financials

As previously announced, in the third quarter of 2007 Newpark completed the sale of its Batson sawmill facility which had

been included in the Mat & Integrated Services segment. In October 2007, Newpark entered into an agreement to sell its U.S.

Environmental Services business previously reported as the Environmental Services segment.  As a result, all assets, liabilities

and results of operations for the above businesses were reclassified to discontinued operations and Newpark presented such

information in its Quarterly Report on Form 10-Q for the quarter ending September 30, 2007.  The following financial tables

restate segment results from continuing  operations and update historical consolidated statements of operations to reflect such

discontinued operations for the seven quarterly periods ended September 30, 2007.

Newpark

Resources, Inc.

Restated Segment Results

(Unaudited)

March 31, 2006

June 30, 2006

September 30,

2006

December 31,

2006

March 31,

2007

June 30,

2007

September 30,

2007

Segment revenues

Fluids systems and engineering

115,289

$         

111,868

$         

125,130

$         

129,091

$         

125,298

$      

131,163

$   

129,986

$         

Mat and integrated services

29,251

31,133

22,488

17,657

23,966

18,819

23,792

Total segment revenues

144,540

$         

143,001

$         

147,618

$         

146,748

$         

149,264

$      

149,982

$   

153,778

$         

Segment operating income

Fluids systems and engineering

12,660

$           

13,143

$           

(1)

20,178

$           

(1)

20,635

$           

16,630

$        

16,323

$     

15,467

$           

Mat and integrated services

4,343

4,216

4,594

2,078

4,600

2,273

4,555

Total segment operating income

17,003

$           

17,359

$           

24,772

$           

22,713

$           

21,230

$        

18,596

$     

20,022

$           

Segment operating margin

Fluids systems and engineering

11.0%

11.7%

16.1%

16.0%

13.3%

12.4%

11.9%

Mat and integrated services

14.8%

13.5%

20.4%

11.8%

19.2%

12.1%

19.1%

Total segment operating margin

11.8%

12.1%

16.8%

15.5%

14.2%

12.4%

13.0%

(In thousands)

Quarter Ended

26

NYSE: NR

Financials

Newpark

Resources, Inc.

Consolidated Statements of Operations

Restated for Discontinued Operations

(Unaudited)

YTD

(In thousands, except per share data)

03/31/07

6/30/07

9/30/07

9/30/07

Revenues

149,264

$      

149,982

$      

153,778

$      

453,024

$      

Cost of revenues

128,034

131,386

133,756

393,176

21,230

18,596

20,022

59,848

General and administrative expenses

8,155

5,111

4,567

17,833

Operating income

13,075

13,485

15,455

42,015

Foreign currency exchange (gain) loss

108

(330)

(57)

(279)

Interest expense, net

4,420

3,812

3,950

12,182

Income from continuing operations before income taxes

8,547

10,003

11,562

30,112

Provision for income taxes

2,786

3,850

3,950

10,586

Income from continuing operations

5,761

6,153

7,612

19,526

(Loss) income from discontinued operations, net of taxes

1,473

1,319

(229)

2,563

Loss from disposal of discontinued operations, net of taxes

-

(2,173)

-

(2,173)

Net income

7,234

$          

5,299

$          

7,383

$          

19,916

$        

Basic weighted average common shares outstanding

89,829

89,979

90,085

89,965

Diluted weighted average common shares outstanding

90,248

90,671

90,542

90,503

Net income per common share (basic and diluted):

Income from continuing operations

0.06

$            

0.07

$            

0.08

$            

0.22

$            

(Loss) income from discontinued operations

0.02

(0.01)

(0.00)

0.00

Net income (loss) per common share

0.08

$            

0.06

$            

0.08

$            

0.22

$            

Quarters Ending

27

NYSE: NR

Financials

Newpark

Resources, Inc.

Consolidated Statements of Operations

Restated for Discontinued Operations

(Unaudited)

YTD

(In thousands, except per share data)

03/31/06

6/30/06

9/30/06

12/31/06

12/31/06

Revenues

144,541

$      

143,001

$      

147,618

$      

146,748

$      

581,908

$      

Cost of revenues

127,540

125,642

122,846

124,035

500,063

17,001

17,359

24,772

22,713

81,845

General and administrative expenses

3,329

5,463

5,050

6,179

20,021

Operating income

13,672

11,896

19,722

16,534

61,824

Foreign currency exchange (gain) loss

63

(575)

16

863

367

Interest expense, net

4,787

4,261

6,160

4,338

19,546

Income from continuing operations before income taxes

8,822

8,210

13,546

11,333

41,911

Provision for income taxes

3,206

2,918

3,813

3,915

13,852

Income from continuing operations

5,616

5,292

9,733

7,418

28,059

(Loss) income from discontinued operations, net of taxes

569

631

(11,998)

(49,541)

(60,339)

Loss from disposal of discontinued operations, net of taxes

-

-

-

Net income

6,185

$          

5,923

$          

(2,265)

$         

(42,123)

$       

(32,280)

$       

Basic weighted average common shares outstanding

89,048

89,373

89,417

89,333

89,965

Diluted weighted average common shares outstanding

90,131

89,874

89,658

89,333

90,503

Net income per common share (basic and diluted):

Income from continuing operations

0.06

$            

0.06

$            

0.11

$            

0.08

$            

0.31

$            

(Loss) income from discontinued operations

0.01

0.01

(0.14)

(0.55)

(0.67)

Net income (loss) per common share

0.07

$            

0.07

$            

(0.03)

$           

(0.47)

$           

(0.36)

$           

Quarters Ending

28

NYSE: NR

Paul L. Howes, President & CEO:

Paul joined Newpark’s Board of Directors and was appointed its Chief

Executive Officer in March

2006. In June

2006, Mr.

Howes also was appointed as Newpark’s President. Mr.

Howes’

career has included experience in the defense industry, chemicals and plastics manufacturing, and the

packaging industry. From 2002 until October

2005, he served as President and Chief Executive Officer of Astaris

LLC, a primary chemicals company headquartered in St. Louis, Missouri, with operations in North America, Europe

and South America. Prior to this, from 1997 until 2002, he served as Vice President and General Manager,

Packaging Division, for Flint Ink Corporation, a global ink company headquartered in Ann Arbor, Michigan with

operations in North America, Europe, Asia Pacific and Latin America.

James E. Braun, VP & CFO:

Jim joined Newpark in October

2006 as its Vice President and Chief Financial

Officer. Before joining Newpark, since 2002, Mr.

Braun was Vice President, Finance, of Baker Oil Tools, one of the

largest divisions of Baker Hughes Incorporated, a leading provider of drilling, formation evaluation, completion and

production products and services to the worldwide oil and gas industry. From 1998 until 2002, Mr.

Braun was Vice

President, Finance and Administration, of Baker Petrolite, the oilfield specialty chemical business division of Baker

Hughes Incorporated. Previously, he served as Vice President and

Controller of Baker Hughes Incorporated, and

he was with Deloitte & Touche prior to joining Baker Hughes Incorporated.

Mark J. Airola, GC & Admin Officer:

Mark joined Newpark in October

2006 as its Vice President, General

Counsel and Chief Administrative Officer. Mr.

Airola has practiced law for 22

years, primarily with large, publicly

traded companies. Most recently, Mr.

Airola was Assistant General Counsel and Chief Compliance Officer for BJ

Services Company, a leading provider of pressure pumping and other oilfield services to the petroleum industry,

serving as an executive officer since 2003. From 1988 to 1995, he held the position of Senior Litigation Counsel at

Cooper Industries, Inc., a global manufacturer of electrical products and tools, with initial responsibility for

managing environmental regulatory matters and litigation and subsequently managing the company’s commercial

litigation.

Management Biographies

29

NYSE: NR

Bruce

C.

Smith,

President

Fluids

Systems

and

Engineering:

Bruce

joined

Newpark

in

April

1998

as

Vice President, International. Since October 2000, he has served

as President of its subsidiary Newpark Drilling

Fluids, L.P. Prior to joining Newpark, Mr.

Smith was the Managing Director of the U.K. operations of M-I Swaco, a

competitor of Newpark Drilling Fluids, where he was responsible for two business units, including their drilling

fluids unit.

Sean

D.

Mikaelian,

President

Mat

and

Integrated

Services:

Sean

joined

Newpark

in

May

2006

as

President of its subsidiary Soloco, LLC. Prior to joining Newpark, since 2003 he managed the $225

million

packaging division of Flint Group (formerly Flint Ink Corporation), a worldwide supplier to the printing, converting

and colorant industries, as Vice President and General Manager. From 2000 to 2003, Mr.

Mikaelian was Vice

President of National Accounts of the packaging division.

Samuel

L.

Cooper,

President

Environmental

Services:

Sammy

joined

Newpark

in

August

2005

as

Vice President-Sales and in November 2005 became President of its subsidiary, Newpark Environmental

Management Company, LLC. Prior to joining Newpark, from February

2002 to July

2005, he was at USFilter, a

Siemens business that recovers, recycles and reuses lubricants and fluids, where he served as Southeast

Regional Business Unit Manager then as Director of Operations of

the Hydrocarbon Recovery group. From

August

1998 through October

2001, he served as Senior Vice President and then as Regional Vice President of

U.S. Liquids Inc., a provider of liquid waste management services.

Thomas

E.

Eisenman,

President

Excalibar

Minerals

LLC:

Tom

joined

Newpark

in

August

1997

as

President of Excalibar Minerals LLC, when Newpark purchased Excalibar Minerals Inc., an industrial minerals

processing and marketing company founded by Mr. Eisenman in 1990.  Prior to starting Excalibar Minerals he had

served as Vice-President of Minerals at Milpark

Drilling Fluids Inc., a division of Baker Hughes Inc. from 1986

thru

1990 and President of Eisenman Chemical Co. a wholesale chemical

supplier with $65 million in annual sales to

the drilling service industry from 1979 thru 1986.

Management Biographies

30

NYSE: NR

Forward-Looking Statements

This presentation contains forward-looking statements within the meaning of the Private

Securities Litigation Reform Act that are based on management's current expectations,

estimates and projections. All statements that address expectations or projections about

the future, including statements about Newpark's strategy for growth, product

development, market position, expected expenditures and financial results are forward-

looking statements. Some of the forward-looking statements may be identified by words

like "expects," "anticipates," "plans," "intends," "projects," "indicates," and similar

expressions. These statements are not guarantees of future performance and involve a

number of risks, uncertainties and assumptions. Many factors, including those discussed

more

fully

elsewhere

in

this

presentation

and

in

documents

filed

with

the

Securities

and

Exchange Commission by Newpark, particularly to its Form 10-K for the year ended

December 31, 2006, as well as others, could cause results to differ materially from those

stated. These factors include, but are not limited to, the investigation of the matter by the

Securities

and

Exchange

Commission;

claims

by

our

former

CEO

and

CFO

related

to

their

terminations of employment; changes in the laws, regulations, policies and economic

conditions, including inflation, interest and foreign currency exchange rates, of countries

in which Newpark does business; competitive pressures; successful integration of

structural

changes,

including

restructuring

plans,

acquisitions,

divestitures

and

alliances;

cost

of

raw

materials,

research

and

development

of

new

products,

including

regulatory

approval and market acceptance; and seasonality of sales of Newpark products. Newpark's

filings with the Securities and Exchange Commission can be obtained at no charge at

www.sec.gov, as well as through our website at www.newpark.com.

EX-99.2

Exhibit 99.2

January 2008 Company Fact Sheet NEWPARK RESOURCES, INC.   NYSE: NR New Leadership, New Focus, New Strategy

www.Newpark.com

• Recognized Name in Drilling Fluids. Newpark is one of the leading providers of proprietary drilling fluids to the oil and gas industry. Fluids segment revenues have experienced brisk growth of 31% compound annual growth rate over the last four fiscal years and accounts for over 80% of total Company revenues.

• Broadening Scope of Mats & Integrated Services. Newpark’s Mats & Integrated Services segment is a leading provider of well site construction services. As one of the first service providers on site, providing road and worksite access construction, Newpark plans to leverage this customer relationship to expand service offerings and its geographic presence. The purchase of SEM Construction Co. in Colorado is consistent with this strategy, and expands segment operations to well site management and equipment rental.

• International Growth. Newpark is targeting select international markets which provide exceptional growth opportunities. Through Ava, S.p.A, its Mediterranean-based fluids business, Newpark has established a solid foothold in the North African market and has expanded to the Eastern European market. Year-to-date Q3 2007 revenues at Ava have increased by 45%. Ava is expected to continue to drive growth over the coming periods. Newpark has also set up operations in Brazil and expects its first revenues in this region by year end 2007.

• Deepwater Presence. With greater deepwater activity levels worldwide, it is essential that Newpark’s fluids product line meet the rigors of deepwater drilling. Newpark’s three-year contract to provide deepwater fluid systems to ENI is a major milestone and validates the Company’s competitiveness in this market.

• Operational Focus and Capital Discipline. The Company’s strategic plan, initiated in early 2007, entails: (1) an operational refocusing with an emphasis on growing the Fluids and Mats & Integrated Services segments; (2) divestiture of non-core operations; and (3) debt reduction. Newpark has made significant progress on its plan. It has sold off non-performing assets and consolidated operations within Mats. Debt had steadily been paid down since the beginning of 2007. Once the pending sale of its environmental services business closes (expected to happen in 1Q08), Newpark expects to free up excess liquidity to better position itself to pursue growth opportunities in Fluids and Mats & Integrated Services.

Price (December 27, 2007) $ 5.21

Stock Data

Fiscal Year-End:		December
Symbol / Exchange:		NR / NYSE
52-Week Range:	$	4.87-$8.41
Diluted Common Shares O/S:	$	90.5mm
Market Capitalization:	$	472mm
Total Enterprise Value (TEV) 1):	$	643mm
Average Daily Volume (L3M):		442,264
Insider Ownership 2):		2.3	%
13F Institutional Ownership 3):		92.1	%

Financial Data

	12/31/06			9/30/07
Total Cash:	$	12.7mm		$	7.4mm
Total Debt:	$	213.0mm		$	178.2mm
Total Stockholders’ Equity:	$	323.1mm		$	352.6mm
Net Debt / Net Book Capital:		38.3	%		32.6	%
	2006			9M2007
Revenue ($mm) 4):	$	581.9		$	453.0
Operating Income ($mm) 4):	$	61.8		$	42.0
EPS 4):	$	0.31		$	0.22

Segment Data

Revenue Mix 4)	9M2007
North America / International	87% / 13%
Fluid Systems / Mats	85% / 15%

Stock Price (1-year price performance)

1) Total Enterprise Value (TEV) defined as market capitalization plus total debt less cash.

2) Represents executive officers and directors as disclosed in the latest Proxy Statement on file with the SEC.

3) As reported by Bigdough

4) Revenue, operating income, EPS and revenue mix data is based on results from continuing operations.

©2008 Newpark Resources, Inc.

All Rights Reserved.

January 2008

COMPANY OVERVIEW

Newpark Resources, Inc. is a worldwide provider of proprietary drilling fluids, temporary access roads for oilfield and other commercial markets, and well site construction, management and equipment rentals. The Company operates in the U.S. Gulf Coast, West Texas, the U.S. Mid-continent, the U.S. Rocky Mountains, Canada, Mexico, Brazil and areas of Europe and North Africa surrounding the Mediterranean Sea.

Fluids: Newpark’s Foundation and Platform for Growth

Drilling fluids represent the core of Newpark’s business, accounting for over 80% of total Company revenues. It has been Newpark’s fastest growing business segment, with a 31% compound annual growth rate (CAGR) over the last four years.

Drilling fluids serve a fundamental and critical function in oil and gas drilling as part of a rig’s “circulation system,” and different drilling conditions call for fluids of varying density, viscosity and weight. Fluids perform multiple functions, e.g., removing well cuttings, cleaning and cooling the drill bit, and well pressure control, under a host of conditions. Thus, fluids can be deceptively technological, and superior product performance can yield substantial benefits. Here, Newpark has excelled by providing versatile water-based drilling solutions, such as its DeepDrill and FlexDrill systems, that not only effectively address multiple performance applications, but are also environmentally friendly.

Newpark ranks fourth in both domestic and global drilling fluids market share, with a 12% domestic share and 7% global share. Long term, Newpark plans to leverage its strength in fluids to grow both organically and via targeted acquisitions worldwide.

Expanding Scope of Mats & Integrated Services

Newpark’s Mats & Integrated Services segment is the other significant foundation on which the Company’s growth story will be built upon. Revenues in this segment have grown at a 12% CAGR over the last four years.

This business is largely comprised of the rental and sale of interlocking composite and wooden mat systems to facilitate work in unstable soil conditions common around remote drilling worksites. Such services can also be used in other commercial applications. Because it is often one of the first service providers on a worksite, and the services are so fundamental to well site preparation, Newpark believes it can leverage this position to offer a broader array of services to its E&P customers. Newpark is also broadening the geographic reach of Mats & Integrated Services operations beyond its core Gulf Coast market, evidenced by its push into the northern Louisiana site construction business. Consistent with this strategic goal is the purchase of SEM Construction in Colorado, which expands Newpark into well site management as well as equipment rentals in Western Colorado.

Growing Presence in International & Deepwater Markets

Oil and gas activity will continue to move towards more challenging environments in less-explored areas of the globe. Newpark has targeted overseas markets as a major growth initiative, and its 2002 acquisition of Ava S.p.A, which gave the Company exposure in the Mediterranean and North African markets, has been pivotal in driving international growth. Recently, Ava sales have expanded to Eastern Europe. Ava’s revenues over the last three fiscal years have experienced a healthy 35% CAGR to nearly $62 million for 2006. Brisk growth at Ava continues in 2007, with revenues up 45% through the first nine months of 2007.

International expansion also has some overlap with the deepwater exploration play. For instance, Newpark has targeted the South American market and has been in the process of establishing operations in Brazil. The Company plans to first establish itself in the Brazilian land market, and then expand into the country’s offshore market. First revenues out of South America are expected by year end 2007. Newpark is also active in domestic deepwater development, as it was awarded a three-year deepwater Gulf of Mexico contract with ENI during the first quarter of 2007. This milestone award validates the Company’s competitively positioned fluids systems product offerings for the deepwater markets

Executing on the Strategic Plan

In March 2007, Newpark’s new management team, led by CEO Paul Howes, rolled out a new strategic plan that called for a refocusing of operations on growing and improving profitability within the Fluids and Mats & Integrated Services segments, the divestiture of non-core and poor performing assets, and a reduction of debt. 2007 has been a transitional year as these initiatives are implemented. Progress has been made since the plan rollout, including the consolidation of the Mats segment and sale of the Batson, Texas sawmill facility.

A cornerstone of the refocusing strategy is the Company’s exit from environmental services, which management deemed as not in Newpark’s long-term goals of profitability enhancement and growth. In late 2007, the Company announced the sale of its Environmental Services business for $81.5 million in cash, with a potential $8 million additional payment under a five-year earn-out provision. Closing of the sale is expected during 1Q08. Prior to the sale, Newpark had already reduced debt by about $35 million over the past three quarters. With proceeds from the Environmental Services sale, Newpark will be well-capitalized to pursue growth opportunities that build on its fluids and integrated oilfield services operations.

Page 2 ©2008 Newpark Resources, Inc. All Rights Reserved.

January 2008

GROWING SHARE IN THE DRILLING & COMPLETION FLUIDS MARKET

Source: Spears & Associates, Inc.

STRONG REVENUE AND MARGIN GROWTH IN BOTH BUSINESS SEGMENTS

Source: Company Reports

INTERNATIONAL EXPANSION: PLANNING AND EXECUTING

Page 3 ©2008 Newpark Resources, Inc. All Rights Reserved.

Newpark Resources, Inc.

Company Headquarters

2700 Research Forest Drive, Suite 100

The Woodlands, Texas 77381

(281) 362-6800

www.newpark.com

Reader Advisory and Forward Looking Statements

This Fact Sheet is presented as a brief company overview for the information of investors, analysts and other parties with an interest in the Company. Newpark’s management hopes that this Fact Sheet will encourage analysts and investors to investigate more about the Company through its Securities and Exchange Commission (SEC) filings, press releases and other public materials. This Fact Sheet does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company. This Fact Sheet contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act that are based on management’s current expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about Newpark’s strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like “expects,” “anticipates,” “plans,” “intends,” “projects,” “indicates,” and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this Fact Sheet and in documents filed with the Securities and Exchange Commission by Newpark, particularly its Annual Report on Form 10-K for the year ended December 31, 2006, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to, the investigation of the certain accounting matters by the Securities and Exchange Commission; changes in the laws, regulations, policies and economic conditions, including inflation, interest and foreign currency exchange rates, of countries in which Newpark does business; competitive pressures; successful integration of structural changes, including restructuring plans, acquisitions, divestitures and alliances; cost of raw materials, research and development of new products, including regulatory approval and market acceptance; and seasonality of sales of Newpark products. Newpark’s filings with the Securities and Exchange Commission can be obtained at no charge at http://www.sec.gov, as well as through our website at http://www.newpark.com.This Fact Sheet does not purport to be all-inclusive or to contain all of the information that a reader may desire regarding the structure or the affairs of the Company. The information contained in this Fact Sheet is only current as of January 8, 2008 and the Company undertakes no obligation to update this Fact Sheet.

©2008 Newpark Resources, Inc.

All Rights Reserved.