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): September 12, 2007
SUPERIOR ENERGY SERVICES, INC.
(Exact name of registrant as specified in its charter)
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Delaware
(State or other jurisdiction)
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0-20310
(Commission File Number)
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75-2379388
(IRS Employer Identification No.) |
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1105 Peters Road, Harvey, Louisiana
(Address of principal executive offices)
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70058
(Zip Code) |
(504) 362-4321
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligations of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01. Entry into a Material Definitive Agreement.
On September 13, 2007, Superior Energy Services,
Inc. (the “Company”), SESI, L.L.C., a subsidiary of
the Company (“SESI”), Advanced Oilwell Services,
Inc., a subsidiary of the Company (“AOS”), certain
other subsidiaries of the Company (the “Subsidiary
Guarantors”) and The Bank of New York Trust
Company, N.A., as trustee (the “Trustee”), entered
into two Supplemental Indentures. One Supplemental
Indenture was entered into pursuant to the
Indenture dated as of May 22, 2006, by and among
the Company, SESI, the Subsidiary Guarantors and
the Trustee, with respect to SESI’s 6 7/8% Senior
Notes due 2014. The other Supplemental Indenture
was entered into pursuant to the Indenture dated as
of December 12, 2006, by and among the Company,
SESI, the Subsidiary Guarantors and the Trustee,
with respect to SESI’s 1.50% Senior Exchangeable
Notes due 2026. The purpose of the Supplemental
Indentures is to amend the respective Indentures to
add AOS as a Subsidiary Guarantor with respect to
the 6-7/8% Senior Notes due 2014 and the 1.50%
Senior Exchangeable Notes due 2026, effective as of
August 29, 2007.
The foregoing description of the Supplemental
Indentures does not purport to be complete and is
qualified in its entirety by reference to the
Supplemental Indentures, copies of which are
attached as Exhibits 4.1 and 4.2 to this Current
Report on Form 8-K and are incorporated herein by
reference.
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in
Fiscal Year.
On September 12, 2007, the Company’s Board of Directors adopted
Amended and Restated Bylaws to, among other things, reflect updates
to comply with recent changes to Delaware General Corporate Law and
other applicable law. The foregoing description of the Company’s
Amended and Restated Bylaws does not purport to be complete and is
qualified in its entirety by reference to the full text of the
Amended and Restated Bylaws, a copy of which is attached as Exhibit
3(ii) to this Current Report on Form 8-K and is incorporated herein
by reference.
Item 8.01. Other Events.
On
September 18,
2007, the
Company issued a
press release
announcing that
the Company’s
Board of
Directors has
authorized the
Company to
repurchase from
time to time up
to $350 million
in the Company’s
outstanding shares of common
stock. The
stock repurchase
program will
expire on
December 31,
2009. A copy of
the Company’s
press release is
attached as
Exhibit 99.1 to
this Current
Report on Form
8-K and
incorporated
herein by
reference.
SIGNATURES
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.
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SUPERIOR ENERGY SERVICES, INC.
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By: |
/s/ Robert S. Taylor
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Robert S. Taylor |
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Chief Financial Officer |
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Dated:
September 18, 2007