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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-C
Report by Issuer of Securities Quoted on NASDAQ
Interdealer Quotation System
Filed Pursuant to Sections 13 or 15(d) of the
Securities and Exchange Act of 1934 and Rule 13a-17
or 15d-17 thereunder
PATTERSON ENERGY, INC.
(Exact name of issuer as specified in charter)
P.O. Drawer 1416, 4510 Lamesa Highway, Snyder, Texas 79550
(Address of principal executive offices) (Zip Code)
(915) 573-1104
(Registrant's telephone number, including area code)
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of
shares outstanding:
1. Title of security: Common Stock, $0.01 Par Value
2. Number of shares outstanding before the change: 3,233,175
3. Number of shares outstanding after the change: 4,810,689
4. Effective date of change: July 30, 1996
5. Method of change:
Specify method (such as merger, acquisition, exchange, distribution, stock
split, reverse split, acquisition of stock for treasury, etc.)
Merger
Give brief description of transaction: Merger of Patterson Drilling Company, a
wholly-owned subsidiary of Patterson Energy, Inc., into Tucker Drilling
Company, Inc. in exchange for shares of Common Stock, $0.01 Par Value, of
Patterson Energy, Inc.
II. CHANGE IN NAME OF ISSUER
Not applicable
Date: August 1, 1996 /s/ JAMES C. BROWN
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James C. Brown
Vice President - Finance
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