Nabors Industries Ltd.

Nabors Industries Ltd.

September 21, 2005 13:41 ET

Nabors Cancels September 28, 2005 Analyst Meeting

HAMILTON, Bermuda--(CCNMatthews - Sep 21, 2005) -

Nabors Industries Ltd. (AMEX:NBR), today announced that it has postponed its analyst meeting scheduled for next Wednesday September 28, 2005 due to the potential impact to Houston from Hurricane Rita. A revised date for the meeting will be determined at a later date. Nabors will also close its Houston area offices effective at 3:00 p.m. today so as to allow its employees time to prepare their homes or evacuate as they see fit.

The Nabors companies own and operate almost 600 land drilling and approximately 875 land workover and well-servicing rigs worldwide. Offshore, Nabors operates 43 platform rigs, 19 jack-up units and three barge rigs in the United States and multiple international markets. Nabors markets 28 marine transportation and supply vessels, primarily in the U.S. Gulf of Mexico. In addition, Nabors manufactures top drives and drilling instrumentation systems and provides comprehensive oilfield hauling, engineering, civil construction, logistics and facilities maintenance, and project management services. Nabors participates in most of the significant oil, gas and geothermal markets in the world.

For further information, please contact Dennis A. Smith, Director of Corporate Development of Nabors Corporate Services, Inc. at 281-775-8038.

Contact Information

  • Nabors Corporate Services, Inc.
    Dennis A. Smith, 281-775-8038