Forward-Looking Statements
“We often discuss expectations regarding our markets,
demand for our products and services, and our future performance
in our annual and quarterly reports, press releases, and
other written and oral statements. Such statements, including
statements in this document incorporated by reference that
relate to matters that are not historical facts are “forward-looking
statements” within the meaning of the safe harbor provisions
of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. These “forward-looking
statements” are based on our analysis of currently
available competitive, financial and economic data and our
operating plans. They are inherently uncertain and investors
must recognize that events and actual results could turn
out to be significantly different from our expectations. You should consider the following key factors when evaluating
these forward-looking statements: - fluctuations in worldwide prices and demand for natural
gas and oil;
- fluctuations in levels of natural gas and crude oil exploration
and development activities;
- fluctuations in the demand for our services;
- the existence of competitors, technological changes
and developments in the oilfield services industry;
- the existence of operating risks inherent in the oilfield
services industry;
- the existence of regulatory and legislative uncertainties;
- the possibility of changes in tax laws;
- the possibility of political instability, war or acts
of terrorism in any of the countries in which we do business
and;
- general economic conditions.
Our businesses depend, to a large degree, on the level of
spending by oil and gas companies for exploration, development
and production activities. Therefore, a sustained increase
or decrease in the price of natural gas or oil, which could
have a material impact on exploration and production activities,
could also materially affect our financial position, results
of operations and cash flows. The above description of risks and uncertainties is by no
means all inclusive, but is designed to highlight what we
believe are important factors to consider. |
