Fascination About C&J Well Services :: Basic Energy Services, Inc(BASX)

Net earnings in the third quarter was affected by a char : Notes">

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<h1 style="clear:both" id="content-section-0">Fascination About C&amp;J Well Services :: Basic Energy Services, Inc(BASX)<br></h1>
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<p class="p__0">Net earnings in the third quarter was affected by a charge to selling, general and administrative expenditures of roughly $2. 7 million, or $0. 03 per diluted share, associated to the Business's investigation of internal control over financial reporting finished earlier this year and payments to our former Chief Financial Officer under the Company's Key Executive Severance Strategy.</p>
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<p class="p__1">2 million, compared with $152. 5 million for the previous quarter and $106. 5 million for the year-earlier quarter. Key Reference ( 1) for the 3rd quarter increased 21% to $64. 7 million from the prior quarter and 94% from the year-earlier quarter. Earnings for the nine months ended September 30, 2008 was $55.</p>
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<h1 style="clear:both" id="content-section-1">Getting My BHL International - BHL International Inc- BHL To Work<br></h1>
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<p class="p__2">09 per diluted share, compared with $42. 1 million, or $0. 84 per diluted share, for the nine months ended September 30, 2007. Incomes for the first 9 months of 2008 were $440. 2 million, compared to $312. 6 million for the equivalent duration in 2007. EBITDA for the very first nine months of 2008 increased 41% to $154.</p>
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<p class="p__3">4 million. "Both our Drilling Services Department and our Production Solutions Division performed well in the third quarter," stated Wm. Stacy Locke, President and CEO of Pioneer Drilling. "Revenues for the Drilling Services Division increased 14% from the previous quarter to $124. 3 million due to a boost in rig usage to 96%, compared to 90% in the previous quarter, and greater typical revenues daily.</p>
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<h2 style="clear:both" id="content-section-2">Category: 1000 HP rig - GA Drilling Equipment Locators Fundamentals Explained<br></h2>
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<p class="p__4">0 million in the 3rd quarter, compared to $45. 0 million in the previous quarter. Higher average revenues per day, integrated with somewhat lower costs each day, produced a per-day drilling services margin of $8,967 in the 3rd quarter, a boost of over 9% when compared to the prior quarter.</p>
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<p class="p__5">Locke. "In August 2008, we started daywork operations with our fourth rig, a 1000 horsepower diesel electrical rig. Each rig in Colombia has run at 100% utilization and produced drilling margins in excess of similar rigs operating in the U.S. Currently, we are rigging up on place with the fifth rig, a 1500 horse power SCR rig, and we expect a mid-November spud date.</p>
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