-----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, BHHpyKe+ozbHp/JxQASh994DdtVY/rpIZQfow9pp/ivuHBG5A0737OiQxudm6XQa yzJSZViZw3YaGEOaIC5Q8w== 0001047469-03-012398.txt : 20030408 0001047469-03-012398.hdr.sgml : 20030408 20030408164011 ACCESSION NUMBER: 0001047469-03-012398 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030403 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030408 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RPC INC CENTRAL INDEX KEY: 0000742278 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 581550825 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08726 FILM NUMBER: 03642959 BUSINESS ADDRESS: STREET 1: 2170 PIEDMONT RD NE CITY: ATLANTA STATE: GA ZIP: 30324 BUSINESS PHONE: 4048882950 MAIL ADDRESS: STREET 1: 2170 PIEDMONT ROAD CITY: ATLANTA STATE: GA ZIP: 30324 FORMER COMPANY: FORMER CONFORMED NAME: RPC ENERGY SERVICES INC DATE OF NAME CHANGE: 19920703 8-K 1 a2107925z8-k.htm FORM 8-K
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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): April 3, 2003

Commission File No. 1-8726

RPC, INC.
(exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  58-1550825
(I.R.S. Employer Identification Number)

2170 Piedmont Road, NE, Atlanta, Georgia 30324
(Address of principal executive offices) (zip code)

(404) 321-2140
Registrant's telephone number, including area code





Item 5. Other Events

        On April 3, 2003, registrant issued a press release entitled "RPC, Inc. Acquires Bronco Oilfield Services," that announces the acquisition of the assets of Bronco Oilfield Services Inc., a privately-held company, based in Corpus Christi, Texas, specializing in surface pressure control services and equipment.


Item 7. Financial Statements and Exhibits

        (c) Exhibits.

      Exhibit 20—Press release dated April 3, 2003.

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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.

    RPC, Inc.

Date: April 8, 2003

 

/s/ BEN M. PALMER

Ben M. Palmer
Vice President,
Chief Financial Officer and Treasurer

3




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SIGNATURES
EX-20 3 a2107925zex-20.htm EXHIBIT 20
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Exhibit 20

[RPC LOGO]

RPC, INC. ACQUIRES BRONCO OILFIELD SERVICES

ATLANTA, April 3, 2003—RPC Incorporated (NYSE: RES) announced today it acquired the assets of Bronco Oilfield Services, Inc., a privately-held company, based in Corpus Christi, Texas, specializing in surface pressure control services and equipment.

Bronco is an experienced and well-recognized provider of rental tool items including hydraulic chokes, manifolds, valves, and flow iron. The Company, with over 3,000 rental tool items, recently added fluid pumping and production testing services to its services mix. Bronco's operations represent a geographic expansion of the services currently provided by Sooner Testing, Inc., located in Elk City, OK, which RPC acquired in February 2001. RPC is retaining Bronco's employees, including the services of founders Rick and Cathy Prudhomme. Bronco's assets were acquired for a combination of cash, RPC common stock and seller-financed debt.

"We are pleased to add Bronco's experienced personnel and equipment to our surface pressure control business," stated Richard A. Hubbell, RPC's President and Chief Operating Officer. "For nearly twenty years, Bronco has provided high quality services to a wide variety of customers. We believe this acquisition is another positive step in RPC's desire to provide its customers a full complement of outstanding services in a variety of geographic markets."

RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest and Rocky Mountain regions, and in selected international markets. RPC's investor website can be found at www.rpc.net.

Certain statements and information included in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward- looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of RPC to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements. Such risks include, among other things, the current and future prices of oil and natural gas, the volatility of the oil and gas industry, customer capital expenditures, and changes in the competitive environment. Additional discussion of factors that could cause the Company's actual results, performance or achievements to differ materially from management's projections, forecasts, estimates and expectations is contained in the Company's filings, made periodically with the Securities and Exchange Commission.

For information contact:

BEN M. PALMER
Chief Financial Officer
404.321.2140
  JIM LANDERS
Corporate Finance
404.321.2162 irdept@rpc.net



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