889900--2/19/2009--PATTERSON_UTI_ENERGY_INC

related topics

{gas, price, oil}

{cost, regulation, environmental}

{operation, natural, condition}

{competitive, industry, competition}

{cost, operation, labor}

{acquisition, growth, future}

A General Excess of Operable Land Drilling Rigs Adversely Affects Our Profit Margins Particularly in Times of Weaker Demand. Shortages of Drill Pipe, Replacement Parts and Other Related Rig Equipment Adversely Affects Our Operating Results. The Oil Service Business Segments in Which We Operate Are Highly Competitive with Excess Capacity, which Adversely Affect Our Operating Results. Labor Shortages Adversely Affect Our Operating Results. Continued Growth Through Rig Acquisition is Not Assured. The Nature of our Business Operations Presents Inherent Risks of Loss that, if not Insured or Indemnified Against, Could Adversely Affect Our Operating Results. Violations of Environmental Laws and Regulations Could Materially Adversely Affect Our Operating Results.

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