-----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, KDajnL4W1uBZrXLDWTDzzEfFB/HLZqAbGJns7wbxiBT4vPSCGS8tfEGwqQXlv838 18qdUzsoeVhH20H++5/XBQ== 0000950123-10-057599.txt : 20100611 0000950123-10-057599.hdr.sgml : 20100611 20100611161454 ACCESSION NUMBER: 0000950123-10-057599 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20100610 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100611 DATE AS OF CHANGE: 20100611 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: 752379388 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34037 FILM NUMBER: 10892772 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 h73787e8vk.htm FORM 8-K e8vk
 
 
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 10, 2010
SUPERIOR ENERGY SERVICES, INC.
(Exact name of registrant as specified in its charter)
         
Delaware   001-34037   75-2379388
(State or other jurisdiction)   (Commission File Number)   (IRS Employer Identification No.)
     
601 Poydras St., Suite 2400, New Orleans, Louisiana   70130
(Address of principal executive offices)   (Zip Code)
(504) 587-7374
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o      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 June 10, 2010, Superior Energy Services, Inc. issued a press release announcing the estimated impact on its second half of 2010 operations from the six-month moratorium on deepwater drilling in the Gulf of Mexico recently announced by the U.S. Department of Interior. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. In accordance with General Instruction B.2. of Form 8-K, the information furnished in this Item 7.01 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
     (d) Exhibits.
     
Exhibit    
Number   Description
99.1
  Press release issued by Superior Energy Services, Inc., dated June 10, 2010.

 


 

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: June 11, 2010

 

EX-99.1 2 h73787exv99w1.htm EX-99.1 exv99w1
Exhibit 99.1
     
(SUPERIOR LOGO)
  601 Poydras St., Suite 2400
New Orleans, LA 70130
NYSE: SPN
(504) 587-7374
Fax: (504) 362-1818
FOR FURTHER INFORMATION CONTACT:
Dave Dunlap, CEO; Robert Taylor, CFO;
Greg Rosenstein, VP of Investor Relations, (504) 587-7374
Superior Energy Services, Inc. Estimates Impact of
Gulf of Mexico Drilling Moratorium on its Operations
New Orleans, LA — June 10, 2010 — Superior Energy Services, Inc. (NYSE: SPN) announced today the estimated impact on its second half of 2010 operations from the six-month moratorium on deepwater drilling in the Gulf of Mexico recently announced by the U.S. Department of Interior.
Dave Dunlap, Chief Executive Officer of Superior, commented “Based on information that we have received from our customers and our current understanding of the deepwater drilling moratorium, we believe that the effects of the moratorium could reduce 2010 earnings per share in the second half of the year by as much as $0.20.
“We estimate that less than 10% of our annual total revenue comes from support of deepwater drilling in the Gulf of Mexico — which is generated by the Drilling Products and Services Segment — based on our historical exposure to deepwater drilling and current activity in that market area. At the time the moratorium was announced, we had assets from our Drilling Products and Services Segment on 31 rigs affected by the moratorium (500 ft. water depths and greater).
“Our estimate includes the net effect of oil spill response work. Several of our business units are responding to the oil spill and related activities, and we anticipate that this will continue into the second half of 2010. Our oil spill response participation includes well control, engineering, rental tools, accommodations and environmental support services.
“We believe that our broad range of products and services, as well as our geographic diversification, reduce the impact of the drilling moratorium.”
Superior Energy Services, Inc. serves the drilling and production-related needs of oil and gas companies worldwide through its brand name drilling products and services and its integrated well enhancement services and tools, supported by an engineering staff who plan and design solutions for customers. Offshore projects are delivered by the Company’s fleet of modern marine assets.

 


 

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 uncertainty of macroeconomic and business conditions worldwide, as well as the global credit markets; 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.

 

GRAPHIC 3 h73787h7378701.gif GRAPHIC begin 644 h73787h7378701.gif M1TE&.#EAB0!<`/?X`*BHJ._O[Z:FIO[^_AT='?GY^3\_/Z6EI>CHZ)B8F+JZ MNJ^OK[BXN,_/SZFIJ:JJJOKZ^JNKJ]75U>7EY5M;6QX>'I.3DZRLK-G9V:VM MK5=75V1D9*ZNKN[N[K6UM1L;&_3T]-34U+.SL^3DY`8&!J>GI_/S\_S\_`X. M#LG)R>/CXY65E<#`P-O;VQH:&L+"PL;&QM_?W]'1T=#0T!45%<[.SI&1D;:V MMLS,S,C(R/;V]EE96>+BX@\/#^'AX=+2TO?W]^KJZJ&AH?O[^_[__UY>7K&Q ML4Y.3F-C8TQ,3!,3$P("`K2TM/W]_=K:VNOKZQ$1$924E-;6UJ*BHIJ:FJ.C MHYN;F^;FYH^/CY:6EG1T=+FYN75U=4='1SL[.VIJ:D)"0K>WMZ2DI"' MA]SWA86%L/# MPWY^?N#@X)>7EU%148J*BC,S,Q04%/CX^&%A83P\/(.#@\O+RPD)"24E)9Z> MGB(B(E-34U!04/7U]6)B8L?'QVYN;A@8&`L+"WU]?3$Q,4U-34-#0QD9&9R< MG&5E930T-#@X.&]O;VEI:7IZ>O[^_V!@8&AH:#`P,,_0ST5%18:&AH2$A/GV M^&MK:__^_U965EQ<7`T-#3X^/OS[_"@H*`0$!+"PL````/_______P`````` M`````````````````````"'Y!`$``/@`+`````")`%P```C_`.\)'$BPH,&# M"!,J-.@I@,.'$"-*G"BQ0X"%&#,*Q*>QH\>,)V`\*%$"@,F3*%.J7(E2P`$@ M'V,.Y"BS9LQZ#Q;4V\FSI\^?0'UFN'#"9DR:1I,JO'$AJ-.G0(<65=H1*=6K M`F]$@,H5*H<'`[!JM"HVJ8>M7=/^S."@[%BW2L^JGC+I6$'U7GAPA#:H8$/!*&8[H(++%<*V`)!>&WA M82]G;NQ`51\$V+-KSWXE;,9Q1"3;_R9LXO5<#@(ZP`TO7KCKW&GMJE? M?P[DB`.$2DEEHG+"Q0*CC>XF`)R0)GK/I)4Z=:FF]T0J%J>=`O4HJ*)>]0*E MI?9D**@;7?^Y:*L^+0#`(+#&*ARIM.Z$'@BYZDH;K[W^&JRPA+5S#WNK]LJ3 MK<`>&RIMOK!*ZW%3C"`MLGP1$5XJ0B0G[K@GE1!!"D]LRVU>XJ,P!300(=0!'`SG\5A`.->#`"T%/+-S` MQ3BH,-]!/ZAQ\<<@-Y""&01-$W(-,[B2T!DIB'Q&0F(<04DAJZ1QCW<%88!# MR&H``U-!2*%AS]!$TW`0-T2K8!#1=A"$!=%0#TT,R07-$O75]G@P$!!8$TU) MB`490303!ZFPQ-46(&1(UT,K M^.`"%6YXXHL;I$3?N!8D>>":Q#I,X)K;C;<]H`LD>M\F$&1ZWZC?HWK@61"D M^-",$U1%X+T8-'O?'\3:!M35C!$UV`)M;D_G!'V^M^&5"&]X&(0;;@_E`RUO M3_,#06'X#;*KKS)'4%<9#=1:$.0]^`,17^B(9H-Z`&`-78`:,LQG#S(P(`(0 MC&`$J@"^XTF#"1&X@!"PL`RH*:]U`X$!U.X0.T1`S1LW&\CL:'`6"*X@&U"; M0JAB0#0J$$0$1/."_W3GN;R-;V@^(`@A_XB&`@82("/'LV$/A\:#]H%0('3P M($&2`36J"61VB3!(*8CF-GPT@&@3"]_0>K!#SNVN=_?X'0:6:`^'W<-TU%S-$@0AM:"O+XOH%<@6BD.$@4B(8$@LRND+LS0*B^ M.+3R$40,61#!*`?ROTD.<&B6'$@WB+8Q."*1:'0DB":(!@=2PL\#1"O"0;@V MM"P.TAZP7*(.\3$"J"D#([U<(AK56)!A#JV8G#SFT)(YD-L-#0;.'`@5AX8X MG`WD;'Z[9C;%:/^/(TPK:AK8V$'"R<]Q$BV8`A$%T7ZV27L<48[(-$@2B-9$ M@;@/?D@@6@P0,CTKOM(@:N#BM.9PM20P`B$$#:`/?UE)@7@':I$Q70^$L(*: MVG0-]2!($@MR/'M\4(\"`0,D$2(-H@7QBM4T"#J(9H5IQ0UKC1@H#PM*R8H* MA`M$4P(#V;;`]`T-"1[H#0#J8+6AS>.GI10(,89J3X'L@FB8NL<*PQJ!!41A M>O:8P+3NP394T&VJ*N4=)2\1`0<$0QM0B\16NY8'G:IO!6B%GPN&>I!1$&T& MU^R;"W3%`;:1+I(`%(@`?6(QU[.HB.Q`^4-8@MR":UI`:.++_32LL MDF#;D'@)6-&NE+2X6RS6&NO5OJF"=4"]AVOS>9`IR#:S75,LLM30`ZRY`[2^ M!"[;"%&ZP'U"M5U3PC>1F]9[?."U!0$%T2P!W:OUKW(%60`-KH9=<5(2:\7X MV]!<$(T1^/>_/`@">+&&D(L.Y+S,-4@ZB.8EVF*-G7LUR`VB=H44>D_`]F7I MU1*I7WOP09WV",8]/%$!HHWA(`9.*%L-@H>#7M,9`JD#U)0&7X1`#7[>PT5V MTT@T-TA!!C/0UD#L:4R(#BT*`ND`U`Y@D!3?`Q!$P[!!:$&T=-$VFPI-IW>X MF0%=C,(@RQR:``;RO*'A8'<[H.1&,5)D3T94_R#0(!H9R0N_1K2NK?>8;X(_ M*I`:0`V/&[G#T&!AD%`0<""I(-HN^1D.2B(T(6U6R"<%LDBBP9.U`FD&T1!A MXZ&1P)6$)`@\B";=4&$RP0(!!M&P,)`X$(W)!*&F/;C+TDT MIF'Z'I7&YD%P.#1:@%K8`ZF$%$-5!*,6)`RO'L@;B':,AQ$M%X[."*X1HNM[ MF&+9%GUB3YU@$&P0[^A+8,$2$\Z'Y]17`C_SJ?Q'$[4^`#TJ$7UY049`-1$S)%3L\UM M!#E$X+Y1$*(O!+5=2T+3=V-[VR$6L\ MTO?9#>?/U+V9YT23Y=O+*Q!9=PT:^'=HC\.&=UUWMNPB!(=;<.!`+$$T*&7ED MX/8P$&,0#0T'@5KM[@'-H='/(#*^&@IX/Y!/#$VK!O$#$:VBBZ@)8B&`#5S$&-$4P4)L0>7P'SV$"TK\`H" M80)!2`;&,!-W6!"L)PP"@83WD`-W8!`58`L"$03V_[!16V`/-+8)L.1OHD5N M9BA:$?((I;`T?2`0+^!3$&`/WF$$FS4!4/<'FW4/N&`/P,<*SS<0AR00W11: M`[$'K*8XDR`0*Z!X]H!M]S!$@.B!`L$-FV`/<7`/UP"!*3`W!=$&W&,/F$4` MM^`_`N$$/E4($$@06L<"`L$#0?0('!8^%\=7=+<(374/G2"'J"A:4E8+Z3(& M[$40,F`/\Y$"+W,074!_3&`.!)`\60`&]V`$]$`08[81VX`"/0!(S20)>.!G M][`+$!A2Q8`"UO!0J-`)20`)+L`^DG@/.F`+,/`#G]$(K>!Z!+$`0U,(\^B% M2H`"LZ`-`D$"L6`'D+`$0__(?-'#5P+C4]UT$-]@#U``2`D@$&4P-$D01"&X MC_?@!IV@`SYE!0)9!X18&R0``S'0`E+PAY*09LA0!%G`:7"P!!W0`D[02/?` M"H*@#%Y@37RU42WP`8M@CP%D@`3Q!K=C0U'`!D'0`AAP5/9P`2R``N\0/@6P M!K+0D_?@B`>!"1;``RT0"`*%`U_@B@C!E&Y`"?>@!XO@!@+)"<17&_9`=P31 ME:+E#65P#RE@#0;1!ENP:W\05)H70!M#"IA($!ZPD_=0#[OX"&KG.2?%5T(P M$'Z`!33P!HK)5],P$#3`"02'/@3!#O`F$)#P??I(?YDI6I/@3],6/E.!#_8@ M!![_(`+UD(P64)668`^F<(C(*`(BD`%Z50PY=0]]8`\-<`^.DPD_\`*%8`^1 M80\>%T!T(`6^8`_5:`/.P`+N&0%T]X@"$8GYB(I0,!`\`'4R9P2A0`Y0-P=Z ML`4B8`3T@XV<$`K.A9P"`)T#$0_8E@'5(!`J8`^=>`^PT`8-4`-+D&;W@`CX M<`T[H`$:<`JI^0*',!!E8"`^0`$^J@%V`$^_T&#W<`B_D#I?X`+,D`P%00W! M61`FL`DTP`INIPJ9D*21<#=?\(D"(0[-,!!:`#\!$)L"80O$0`9T0)IH$*8: M(`NM=`^!0`M0\`DU(!"5($T$$06#(P/K&18)@&1&V08$+P`Y`E&!/B@
-----END PRIVACY-ENHANCED MESSAGE-----