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NEWS
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July 20, 2004
 Boots & Coots
to announce Second Quarter results August 3< Previous Page  |
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Investor
Contact:
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Jennifer
Tweeton VOLLMER 713-970-2100 jennifert@vollmerpr.com |
Rob Schatz/Richard
Cooper Strategic Growth International 212-838-1444 info@sgi-ir.com |
“We have streamlined our internal processes so that we can report financial results to our shareholders more quickly,” stated Jerry Winchester, President and Chief Executive Officer. “As a result, we will be announcing second quarter results closer to 30 days after the quarter ends as opposed to contemporaneously with the 45-day filing deadline. “The second quarter was a strong quarter for our response segment, with response work in Iraq, Nigeria and Germany, as well as activity domestically,” continued Winchester. “Much of this work resulted from acts of sabotage within Iraq, and we continue to be willing and ready to assist in Iraq and globally in responding to terrorist acts affecting oil and gas infrastructures. Our prevention revenues remained flat during the quarter but we continue to believe that activity will increase in this segment over the latter half of the year. We are committed to expanding existing SafeGuard services and developing new SafeGuard locations, as well as aggressively pursuing other business development opportunities that offer to increase our predictable revenue base.” |
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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. |
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