889900--2/27/2007--PATTERSON_UTI_ENERGY

related topics

{gas, price, oil}

{cost, regulation, environmental}

{operation, natural, condition}

{cost, contract, operation}

{competitive, industry, competition}

{cost, operation, labor}

{acquisition, growth, future}

Shortages of Drill Pipe, Replacement Parts and Other Related Rig Equipment Adversely Affects Our Operating Results. The Various Business Segments in Which We Operate Are Highly Competitive with Excess Capacity which may 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. Some of Our Contract Drilling Services are Provided Under Turnkey and Footage Contracts, Which are Financially Risky.

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889900--2/27/2007--PATTERSON_UTI_ENERGY_INC