Patterson-UTI Energy. PTEN today reported that for the month of November 2012, the Company had an
average of 206 drilling rigs operating, including 198 rigs in the United
States and 8 rigs in Canada. For the two months ended November 30, 2012, the
Company had an average of 206 drilling rigs operating, including 199 rigs in
the United States and 7 rigs in Canada.
Average drilling rigs operating reported in the Company's monthly
announcements represent the average number of the Company's drilling rigs that
were operating under a drilling contract. The Company cautioned that numerous
factors in addition to average drilling rigs operating can impact the
Company's operating results and that a particular trend in the number of
drilling rigs operating may or may not indicate a trend in or be indicative of
the Company's financial performance. The Company intends to continue
providing monthly updates on drilling rigs operating shortly after the end of
each month.
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