search:     
News

News 03/02/2006
    
BOOTS & COOTS RECEIVES SHAREHOLDER APPROVAL FOR HYDRAULIC WELL CONTROL ACQUISITION AND OTHER PROPOSALS


< Previous Page

Media Contact:

Jennifer Tweeton
VOLLMER
713-970-2100
jennifert@vollmerpr.com
Media Contact:

Stan Altschuler /
Richard Cooper

Strategic Growth International
212-838-1444
info@sgi-ir.com


BOOTS & COOTS RECEIVES SHAREHOLDER APPROVAL FOR
HYDRAULIC WELL CONTROL ACQUISITION AND OTHER PROPOSALS

HOUSTON, March 2, 2006 — Boots & Coots International Well Control, Inc. (Amex: WEL), the premier pressure control company for the oil and gas industry, reported that its annual meeting of stockholders was held in Houston, Texas today and its stockholders had approved all proposals relating to its previously announced acquisition of the hydraulic well control business (HWC) of Oil States International, Inc. (NYSE: OIS) and the re-election of E.J. DiPaolo and Jerry Winchester as Class II directors. The Company’s acquisition of HWC is expected to close within a few days.



About Boots & Coots

Boots & Coots International Well Control, Inc., Houston, Texas, provides a suite of integrated oilfield services centered on the intervention, emergency response and restoration of blowouts and well fires as well as hydraulic workover/snubbing and hot tapping services around the world. Our current business segments are “Well Intervention” and “Response”. The Well Intervention segment consists of services that are designed to reduce the number and severity of critical well events and enhance production for oil and gas operators. The scope of these services includes training, contingency planning, well plan reviews, audits, inspection services and engineering services offered through our Safeguard programs and services offered in conjunction with our WELLSUREŽ risk management program. This segment also includes services performed by hydraulic workover and snubbing units that are used to enhance production of oil and gas wells. The Response segment consists of personnel, equipment and services provided during an emergency response such as a critical well event or a hazardous material response. These services include snubbing and other workover services provided during a response. For more information, visit the Company's web site at  www.boots-coots.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 www.sec.gov.


Company contact: Gabriel Aldape,
Chief Financial Officer,
281-931-8884, investorrelations@boots-coots.com.


< Previous Page | ^ Back to Top

WELL CONTROL 1.800.BLOWOUT
2004 © Boots & Coots International Well Control, Inc. All rights reserved. Read Legal Policy and Privacy Policy.