-----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, A7YydJ0qB4FFbXgvb1yFtEQCGzl7g1QCgi2tLmWm7GIwZuAcq0lMrnVQ9UzA/t5+ 1Br3OA1V0h+CoYvcfYj9Sg== 0000906280-00-000107.txt : 20000508 0000906280-00-000107.hdr.sgml : 20000508 ACCESSION NUMBER: 0000906280-00-000107 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000504 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000505 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUPERIOR ENERGY SERVICES INC CENTRAL INDEX KEY: 0000886835 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 113039286 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-22603 FILM NUMBER: 619980 BUSINESS ADDRESS: STREET 1: 1105 PETERS ROAD CITY: HARVEY STATE: LA ZIP: 70058 BUSINESS PHONE: 5043624321 MAIL ADDRESS: STREET 1: 1105 PETERS ROAD CITY: HARVEY STATE: LA ZIP: 70058 FORMER COMPANY: FORMER CONFORMED NAME: SMALLS OILFIELD SERVICES CORP DATE OF NAME CHANGE: 19930328 8-K 1 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) May 4, 2000 SUPERIOR ENERGY SERVICES, INC. (Exact name of registrant as specified in its charter) Delaware 0-20310 75-2379388 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) 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 May 4, 2000, 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 May 4, 2000 announcing results for the first quarter of 2000. 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: May 4, 2000 EX-99 2 EXHIBIT 99 - ---------- FOR IMMEDIATE RELEASE FOR FURTHER INFORMATION CONTACT: Superior Energy Services, Inc.: Terence E. Hall, CEO; Robert Taylor, CFO; Greg Rosenstein, Investor Relations, 504-362-4321 SUPERIOR ENERGY ANNOUNCES FIRST QUARTER 2000 RESULTS (Harvey, LA, Thursday, May 4, 2000) Superior Energy Services, Inc. (NASDAQ: SESI) today announced earnings for the first quarter ended March 31, 2000. For the quarter, revenues were $47.3 million resulting in net income of $1.6 million or $0.03 diluted earnings per share. "After a relatively slow start to the year due to weather and other external factors, activity increased steadily in March," said Terry Hall, President and CEO of Superior. "The rental tools and wireline groups offset weakness in our marine services group during the first quarter. I am encouraged that the increased demand in March has carried over into April and early May throughout all of our divisions. I believe Superior is well positioned to capitalize on increasing drilling and production-related activities in the Gulf of Mexico." As a result of the merger with Cardinal Holding Corp. in July 1999, and the acquisition of Production Management Companies in November 1999, analysis and comparison of the first quarter 1999 results with the first quarter 2000 results will be difficult given the fact that all historical numbers presented herein for periods prior to July 15, 1999 represent the results of Cardinal on a stand alone basis. 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. -----END PRIVACY-ENHANCED MESSAGE-----