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|Patterson-UTI Energy Reports John E. Vollmer III, its EVP-Corporate Development, CFO and Treasurer, Announces Decision to Retire|
"John's financial skills, business acumen and personal leadership have contributed tremendously to Patterson-UTI's success," said
"John has been an invaluable leader in our organization, and I am thankful for his tireless work and contributions to Patterson-UTI," said
"I have truly enjoyed my time at Patterson-UTI and I am proud of our many accomplishments," said
Patterson-UTI is an oilfield services company that primarily owns and operates in
Location information about the Company's drilling rigs and their individual inventories is available through the Company's website at www.patenergy.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements which are protected as forward-looking statements under the Private Securities Litigation Reform Act of 1995 that are not limited to historical facts, but reflect Patterson-UTI's current beliefs, expectations or intentions regarding future events. Words such as "anticipate," "believe," "budgeted," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "potential," "project," "pursue," "should," "strategy," "target," or "will," and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding Patterson-UTI's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond Patterson-UTI's control, which could cause actual results to differ materially from the results expressed or implied by the statements.
Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in Patterson-UTI's
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Mike Drickamer, Vice President, Investor Relations, (281) 765-7170