Business Context and Reporting Period
Company: Oil States International, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: December 15, 2009
Event: The Company entered into an agreement with Imperial Oil Ltd. to provide accommodations in support of Phase I of the Kearl oil sands development.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a specific corporate event rather than periodic financial results.
Material Changes
New Contract Award: On December 15, 2009, the Company secured a contract with Imperial Oil Ltd. for accommodation services related to the Kearl oil sands project. No other material changes to financial position or operations are detailed in this specific filing.
Guidance, Outlook, and Risks
Management Commentary: The filing references a press release (Exhibit 99.1) regarding the new agreement but does not include forward-looking guidance, updated outlooks, or specific risk factors within the body of this 8-K text.
Unusual Items: None reported in this filing.
Investor Verification Checklist
- Review the full text of the press release (Exhibit 99.1) for contract value, duration, and specific scope of work.
- Verify the strategic importance of the Kearl oil sands development to the Company's overall backlog.
- Check subsequent filings for any financial impact or revenue recognition related to this agreement.