SOURCE: Willbros Group, Inc.

Willbros Group, Inc.

February 24, 2009 18:19 ET

Willbros Announces Fourth Quarter and Full Year 2008 Earnings Release and Conference Call Schedule

HOUSTON, TX--(Marketwire - February 24, 2009) - Willbros Group, Inc. (NYSE: WG) today announced plans to release fourth quarter and full year 2008 results on Wednesday, February 25, 2009, after the market closes. In conjunction with the release, Willbros has scheduled a conference call, which will be broadcast live over the Internet on Thursday, February 26, 2009 at 9:00 a.m. Eastern Time (8:00 a.m. Central).

    What:    Willbros Group, Inc. Fourth Quarter and Full Year 2008
             Earnings Conference Call

    When:    Thursday, February 26, 2009 - 9:00 a.m. Eastern Time

    Where:   Live via phone by dialing 877-795-3604 or 719-325-4797,
             passcode 8080649, and asking for the Willbros call at least
             10 minutes prior to the start time.

    Where:   Live over the Internet by logging onto www.willbros.com
             on the home page under Events.

A telephonic replay of the conference call will be available through March 12, 2009 and may be accessed by calling 888-203-1112 or 719-457-0820 and using the passcode 8080649. Also, an archive of the webcast will be available shortly after the call on www.willbros.com for a period of 12 months.

Willbros Group, Inc. is an independent contractor serving the oil, gas, power, refining and petrochemical industries, providing engineering, construction, turnaround, maintenance, life cycle extension services and facilities development and operations services to industry and government entities worldwide. For more information on Willbros, please visit our web site at www.willbros.com.

This announcement contains forward-looking statements. All statements, other than statements of historical facts, which address activities, events or developments the Company expects or anticipates will or may occur in the future, are forward-looking statements. A number of risks and uncertainties could cause actual results to differ materially from these statements, including the potential for additional investigations; the disruptions to the global credit markets; the possible losses arising from the discontinuation of operations and the sale of the Nigeria assets; fines and penalties by government agencies; the identification of one or more other issues that require restatement of one or more prior period financial statements; the existence of material weaknesses in internal controls over financial reporting; availability of quality management; availability and terms of capital; changes in, or the failure to comply with, government regulations; ability to remain in compliance with, or obtain waivers under, the Company's loan agreements and indentures; the promulgation, application, and interpretation of environmental laws and regulations; future E&P capital expenditures; oil, gas, gas liquids, and power prices and demand, the amount and location of planned pipelines, the refinery crack spread and planned refinery outages and upgrades, the effective tax rate of the different countries where the work is being conducted, development trends of the oil, gas, power, refining and petrochemical industries; changes in the political and economic environment of the countries in which the Company has operations, as well as other risk factors described from time to time in the Company's documents and reports filed with the SEC. The Company assumes no obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • CONTACT:

    Michael W. Collier
    Vice President Investor Relations
    Sales & Marketing
    Willbros
    713-403-8038

    Connie Dever
    Director Strategic Planning
    Willbros
    713-403-8035