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Boots & Coots Announces a New Contract in North Africa Worth $45 ...

http://www.earthtimes.org/articles/show/boots-amp-coots-announces-a,574235.shtml [2008-10-10]

Tag : boots
HOUSTON - (Business Wire) Boots & Coots International WellControl, Inc. (AMEX:WEL) announced it has signed a new Safeguardcontract that is worth $45 million for a term of up to 36 months inNorth Africa that significantly expands its risk management andprevention services in the country.
“ We strive to leverage our reputation and performance within theregion to expand our product offerings, ” said Jerry Winchester, president and chief executive officer ofBoots & Coots. “ As we build on our performance we want to become a trusted advisorto our customers and we ’ ll continue to work side by side to give them the best resultspossible. ”
About Boots & Coots
Boots & Coots International Well Control, Inc., Houston, Texas,provides a suite of integrated pressure control services to onshoreand offshore oil and gas exploration companies around the world.The Well Intervention segment consists of services that aredesigned to enhance production for oil and gas operators and reducethe number and severity of critical well events such as well fires,blowouts or other losses of control at the well. This segmentincludes services performed by hydraulic workover and snubbingunits and the rental of pressure control tools that are used toenhance production at the wells. The scope of these services alsoincludes prevention services such as training, contingencyplanning, well plan reviews, audits, inspection services andengineering services offered through our Safeguard risk managementprograms. The Response segment consists of personnel, equipment andservices provided during an emergency response such as a criticalwell event or a hazardous material response.
Certain statements included in this news release are intended as"forward-looking statements" under the Private SecuritiesLitigation Reform Act of 1995. Boots & Coots cautions thatactual future results may vary materially from those expressed orimplied in any forward-looking statements. More information aboutthe risks and uncertainties relating to these forward-lookingstatements are found in Boots & Coots' SEC filings, which areavailable free of charge on the SEC's web site at www.sec.gov .
Boots & Coots International Well Control, Inc.
Investor Contact:
Jennifer Tweeton, 281-931-8884
jtweeton@boots-coots.com

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