Attached files
| file | filename |
|---|---|
| EX-99.1 - EX-99.1 - PATTERSON UTI ENERGY INC | exhibit1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of Earliest Event Reported): | April 17, 2015 |
Patterson-UTI Energy, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
| Delaware | 0-22664 | 75-2504748 |
|
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
| 450 Gears Road, Suite 500, Houston, Texas | 77067 | |
|
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
| Registrant’s telephone number, including area code: | 281-765-7100 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On April 20, 2015, Patterson-UTI Energy, Inc. announced that its subsidiary, Patterson-UTI Drilling Company LLC (the "Company"), has reached an agreement with the U.S. Equal Employment Opportunity Commission to resolve previously disclosed allegations that originated from claims from field-based employees a number of years ago. Rather than pursuing costly litigation to dispute past claims, the Company's leadership team chose to work with the Commission to institute additional human resources best practices and enter into a no-fault $12.26 million settlement. The settlement terms were approved by a federal judge on April 17, 2015. The Company encourages those who are eligible to submit claims to participate in the settlement when they receive notice from the settlement administrator in approximately 60 days.
Item 9.01 Financial Statements and Exhibits.
(d) The following exhibit is furnished herewith:
99.1 Press Release Announcing Settlement with U.S. Equal Employment Opportunity Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Patterson-UTI Energy, Inc. | ||||
| April 20, 2015 | By: |
John E. Vollmer III
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| Name: John E. Vollmer III | ||||
| Title: Senior Vice President - Corporate Development, Chief Financial Officer and Treasurer | ||||
Exhibit Index
| Exhibit No. | Description | |
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99.1
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Press Release Announcing Settlement with U.S. Equal Employment Opportunity Commission. |