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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) October 29, 1999
PATTERSON ENERGY, INC.
(Exact name of registrant as specified in its charter)
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DELAWARE 0-22664 75-2504748
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
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4510 LAMESA HIGHWAY, SNYDER, TEXAS 79549
(Address of principal executive offices) (Zip Code)
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(915) 573-1104
(Registrant's telephone number, including area code)
No Change
(Former name or former address, if changed since last report.)
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ITEM 5. OTHER EVENTS.
On October 29, 1999 the Registrant issued the following press release:
PATTERSON ENERGY, INC. ANNOUNCES
$150 MILLION "SHELF" REGISTRATION
Snyder, Texas, October 29, 1999---Patterson Energy, Inc. (NASDAQ:PTEN) today
announced that it recently filed a $150 million Universal Shelf Registration
Statement with the SEC covering up to $150 million of debt and equity
securities. The Company stated that, although it has no immediate plans to offer
any of the securities for sale, the registration statement should provide
greater flexibility and efficiency in accessing the public securities markets
should the Company decide to do so in the future.
Patterson Energy, Inc., a Snyder, Texas based energy company, is one of the
leading providers of domestic land based drilling services to major independent
oil and natural gas companies. Patterson currently owns 119 drilling rigs (114
of which are currently operable) and focuses its operations in Texas, New
Mexico, Oklahoma, Louisiana, Utah and Mississippi.
For further information, contact:
Patterson Energy, Inc.
Cloyce A. Talbott, Chairman and Chief Executive Officer
Jonathan (Jody) Nelson, Vice President-Finance and Chief Financial Officer
(915) 573-1104
[email protected]
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PATTERSON ENERGY, INC.
Date: December 7, 1999 By: /s/ Jonathan Nelson
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Mr. Jonathan (Jody) Nelson
Vice-President-Finance
Chief Financial Officer
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