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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): DECEMBER 17, 2004
PATTERSON-UTI ENERGY, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-22664 75-2504748
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer Identification No.)
incorporation)
4510 LAMESA HIGHWAY
SNYDER, TEXAS 79549
(Address of principal executive offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (325) 574-6300
N/A
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT .
On December 17, 2004, Patterson-UTI Energy, Inc. and certain of its subsidiaries
replaced its current credit facility with a new Credit Agreement between Bank of
America, N.A. (as administrative agent, LC issuer and lender), The Bank of
Tokyo-Mitsubishi, LTD., Sumitomo Mitsui Banking Corp. and Wells Fargo Bank, N.A.
(as co-syndication agents), The Royal Bank of Scotland plc (as documentation
agent) and the Banc of America Securities LLC (as sole lead arranger and sole
book manager), along with certain other lenders.
The foregoing is qualified by reference to Exhibit 10.1 to this Current Report
on Form 8-K, which is incorporated herein by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
10.1 Credit Agreement dated December 17, 2004 among Patterson-UTI
Energy, Inc., Bank of America, N.A. (as administrative agent, LC issuer
and lender), The Bank of Tokyo-Mitsubishi, LTD., Sumitomo Mitsui
Banking Corp. and Wells Fargo Bank, N.A. (as co-syndication agents),
The Royal Bank of Scotland plc (as documentation agent) and the Banc of
America Securities LLC (as sole lead arranger and sole book manager).
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.
Dated: December 23, 2004 By: /s/ Jonathan D. Nelson
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Name: Jonathan D. Nelson
Title: Vice President - Finance, Chief
Financial Officer, Secretary and Treasurer
EXHIBIT INDEX
Exhibit Description
10.1 Credit Agreement dated December 17, 2004 among Patterson-UTI
Energy, Inc., Bank of America, N.A. (as administrative agent,
LC issuer and lender), The Bank of Tokyo-Mitsubishi, LTD.,
Sumitomo Mitsui Banking Corp. and Wells Fargo Bank, N.A. (as
co-syndication agents), The Royal Bank of Scotland plc (as
documentation agent) and the Banc of America Securities LLC
(as sole lead arranger and sole book manager).