 |
|
NEWS
-
February 3, 2004
 Boots & Coots
To Continue Operations In Iraq < Previous Page |
||
 |
||
Investor
Contact:
|
Jennifer
Tweeton VOLLMER 713-970-2100 jennifert@vollmerpr.com |
Rob Schatz/Richard
Cooper Strategic Growth International 212-838-1444 info@sgi-ir.com |
|
||
HOUSTON (February 3, 2004) — Boots & Coots International Well Control, Inc. (Amex: WEL), a global prevention, emergency response and restoration company for the oil and gas industry, announced that it expects to continue its operations under the Restore Iraqi Oil (RIO) program as a subcontractor under KBR, the engineering and construction subsidiary of Halliburton. On January 16, Halliburton confirmed that the US Army Corps of Engineers had awarded KBR a contract to continue its RIO operations in southern Iraq for a period of two years, with three one-year renewal options. Boots & Coots has provided assistance to KBR in its efforts to restore production in Iraq’s southern oilfields since March 2003. Under the new contract, Boots & Coots expects to continue to provide contingency planning for well control emergencies, well control services and assistance in evaluating and restoring Iraq’s petroleum infrastructure. “Our Company’s performance and safety record in Iraq has been outstanding and we are honored to have been selected by KBR to assist in restoring the production of Iraq’s most important commodity,” stated Jerry Winchester, Chief Executive Officer. “Over the next few weeks, we will be coordinating with Halliburton personnel to transition to our duties under the new contract.” |
||
Boots & Coots International Well Control, Inc., Houston, Texas, provides a suite of integrated oilfield services centered on the prevention, emergency response and restoration of blowouts and well fires around the world. Boots & Coots' proprietary risk management program, WELLSURE®, combines traditional well control insurance with post-event response as well as preventative services, giving oil and gas operators and insurance underwriters a medium for effective management of well control insurance policies. The Company's SafeGuard program, developed for regional producers and operators sponsored by Boots & Coots, provides dedicated emergency response services, risk assessment and contingency planning, and continuous training and education in all aspects of critical well management. For more information, visit the Company's web site at http://www.bootsandcoots.com . Certain statements included in this
news release are intended as "forward- looking statements" under
the Private Securities Litigation Reform Act of 1995. Boots & Coots
cautions that actual future results may vary materially from
those expressed or implied in any forward-looking statements.
More information about the risks and uncertainties relating
to these forward- looking statements are found in Boots & Coots'
SEC filings, which are available free of charge on the SEC's
web site at http://www.sec.gov. |
||
| < Previous Page | ^ Back to Top | ||
