o |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
o |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
o |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
|
o |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
|
§ |
A
potential significant acquisition that is being evaluated by management.
The Company anticipates it could borrow an additional $75 million
in debt
and would plan to pay cash for 50% or more of the total acquisition
price.
|
§ |
Unaudited
January revenues for the southern region of the Drilling Tools segment
of
$1.2 million.
|
§ |
The
purchase of 50 downhole mud motors. The Company has taken delivery
of 12
motors and anticipates taking delivery of the remainder throughout
2006.
|
(d) |
Exhibits:
|
Exhibit
Number
|
Description
of Exhibit
|
|
Investor
Presentation, dated as of February 16, 2006.
|
||
Date: February
20, 2006
/s/
Lisa Meier
Lisa
Meier
Chief
Financial Officer
|