SELECTED FINANCIAL DATA The following selected financial information for the Company is for the quarter ended September 30, 2005. This unaudited information has been prepared by management in accordance with generally accepted accounting principles and has not been reviewed by the Company's independent accountants. The table does not contain all the financial statement line captions and notes that would be presented in the Company's Quarterly Report on Form 10-Q for September 30, 2005. Quarter Ended Quarter Ended September 30, September 30, 2005 2004 Select Statement of Operations Data: (In thousands - (In thousands - Unaudited) Unaudited) Revenue: Well servicing $246,991 $213,612 Pressure pumping 41,881 24,525 Fishing and rental services 20,214 20,345 Other 407 591 TOTAL REVENUE $309,493 $259,073 Costs and Expenses: Well servicing $157,294 $142,554 Pressure pumping 24,945 18,023 Fishing and rental services 13,499 12,647 General and administrative 36,255 35,119 Interest (1) 12,725 13,262 Loss on retirement of debt 2,411 - September 30, December 31, 2005 2004 Select Balance Sheet Data: (In thousands - (In thousands - Unaudited) Unaudited) Current Assets: Cash and cash equivalents (2), (3) $104,104 $19,261 Accounts receivable, net of allowance for doubtful accounts 209,168 212,351 Inventory 23,196 18,500 Prepaid expenses and other current assets 27,041 20,197 TOTAL CURRENT ASSETS $363,509 $270,309 Current Liabilities: Accounts payable $70,718 $59,872 Other accrued liabilities 73,171 71,304 Accrued interest 7,077 9,729 Current portion of long-term debt and capital lease obligations 4,872 4,326 TOTAL CURRENT LIABILITIES $155,838 $145,231 Long-term debt, less current portion (4) $425,688 $473,878 Capital lease obligations, less current portion 9,745 8,677 Deferred revenue 171 557 Non-current accrued expenses 38,444 40,258 NOTES (1) Interest expense includes amortization of deferred debt issue costs, discount and premium of approximately $530,000 and $521,000 for the quarters ended September 30, 2005 and 2004, respectively. (2) Cash and short term investments at November 10, 2005 totaled approximately $74.5 million. (3) Capital expenditures were approximately $31,773,000 and $16,683,000 for the quarters ended September 30, 2005 and 2004, respectively. (4) There were no outstanding borrowings under the Company's revolving credit facility at November 10, 2005. The information herein represents the results for only one quarter and prior period; and the information herein is not necessarily indicative of the results that may be reported for the fiscal year ended December 31, 2005. The information herein is select financial data and does not represent a complete set of financial statements, which would include additional financial data and notes to financial statements. Until the restatement of the Company's prior year financial statements is completed, the unaudited information herein may differ from its restated financial statements. It is possible that the process of restating the prior year financial statements could require additional changes to the Company's financial statements for 2005 that individually or in the aggregate could be material to the Company's financial position, results of operations or liquidity.