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Nabors Industries Q2 2009 Earnings Transcript

Nabors Industries Ltd ( NBR )

Q2 2009 Earnings Call

July 22, 2009 11:00 AM ET

Executives

Dennis A. Smith - Official of Corporate Development

Eugene M. Isenberg - Chairman and Chief Top dog Officer

Joe M. Hudson - President, US Land Drilling Province

Analysts

James Rollyson - Raymond James

Ole Slorer - Morgan Stanley

Kevin Simpson - Miller Tabak

Jeff Tillery - Tudor Pickering Holt

Daniel Boyd - Goldman Sachs

James Crandell - Barclays Superior

Waqar Syed - Tristone Capital

Presentation

Smoothie

Ladies and gentlemen, welcome to the Nabors Industries Predetermined Second Quarter 2009 Earnings Conference Call on the 22 July 2009. Throughout today's demonstration all participants will be in a listen-only mode. After the presentation there will be an opportunity to ask questions. (Finagler Instructions).

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Silvercorp Announces Positive Pre-Feasibility Study for the GC Silver-Lead ... The Stage 2 Main Shaft is 6.0 m in diameter and 618m in depth. The main shaft collar is at +248 mRL and sump bottom is at -370 mRL. Silvercorp will utilize the Shrinkage and Resue stoping mining methods at the GC Project, the same methods Silvercorp and more »
Mine's troubles called similar to Nevada site Mine's troubles called similar to Nevada site KLEWMine's troubles called similar to Nevada siteConditions in the Lucky Friday Mine's main shaft have parallels to problems at a Nevada gold mine where a 2010 shaft accident claimed the lives of two workers, a top official at the federal Mine Safety and Health Administration said Thursday.Cleanup Closes MineMine closure major blow in Idaho's Silver ValleyRipple effect -all 300 news articles »
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Silvercorp Surface Diamond Drilling Intercepted 3.13 Meters of 432 Grams per ... 1. completion of 610 meters of the 4 m by 4.5 m Stage 1 ramp since mid- August 2011; 2. preparation of the 6-meter diameter main shaft opening, ventilation shaft opening and the ore bin foundation to allow for cement pouring; 3. installation of a main and more »
Sewer protesters gather momentum in push for consultation extension STSS publicity coordinator Christopher Parr says more than 1000 residents have now submitted complaints against the project, which would involve one the three main shaft sites needed to build 20-mile tunnel being housed in Carnwath Road.
Native American artifacts tell story of primitive cultures The Paleo spear and the Archaic lance both were commonly made with foreshafts that would break away when animals were speared, and the main shaft could be quickly fitted with another foreshaft with a stone point. Multiple foreshafts were carried and,
New high-speed ringframe from Jingwei meets success The machine has achieved breakthrough in main shaft driving, head-end drive, collective doffing, bobbin orienting, ring rail lifting and vacuum control for equilibrated section, etc. Till date, Jingwei has delivered 300 machines to spinners of high-end