Petroleum Africa
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Friday, March 3, 2006
HOUSTON, March — Boots & Coots International Well Control, Inc. (Amex: WEL – News), 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 – News) 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 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.bncg.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.
Investor Contact: Jennifer Tweeton
VOLLMER
713-970-2100
[email protected]
Stan Altschuler / Richard Cooper
Strategic Growth International
212-838-1444
[email protected]
Source: Boots & Coots International Well Control, Inc.
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