HOUSTON, April 25, 2011 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) announced today that it will host an investor field trip and presentations on May 16-18, 2011 in Houston and Oklahoma City.
The presentations will consist of a comprehensive review of Flotek's current business operations and financial position. In addition, the Company will host investors on tours to several of its operating facilities including its chemical research facilities and Cavo Motors operations headquarters in Houston as well as its Teledrift fabrication and distribution facility and chemical blending and distribution facilities in the Oklahoma City area.
"Over the past 18 months the Flotek team has worked tirelessly to reposition Flotek as a leader in specialty oilfield technologies and to improve its financial position," said John Chisholm, Flotek Chairman and President. "During that time we have pledged to lead our industry in providing useful information and insight about Flotek to all of our stakeholders. We believe this is an opportunity not only to remain true to that commitment but also to show our stakeholders Flotek's unique and value-added portfolio of oilfield technologies. We look forward to hosting our key stakeholders as we tell the Flotek story."
The trip and presentations will begin at noon on Monday, May 16 and conclude the afternoon Wednesday, May 18.
For more information, please send your contact details with "Investor Days in the subject line to IR@flotekind.com.
About Flotek Industries, Inc.
Flotek is a global developer and distributor of a portfolio of innovative oilfield technologies, including specialty chemicals and down-hole drilling and production equipment. It serves major and independent companies in the domestic and international oilfield service industry. Flotek Industries, Inc. is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK."
For additional information, please visit Flotek's web site at www.flotekind.com.
Certain statements set forth in this Press Release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this Press Release.
Although forward-looking statements in this Press Release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Factors that could cause or contribute to such differences in results and outcomes include, but are not limited to, demand for oil and natural gas drilling services in the areas and markets in which the Company operates, competition, obsolescence of products and services, the Company's ability to obtain financing to support its operations, environmental and other casualty risks, and the impact of government regulation. Further information about the risks and uncertainties that may impact the Company are set forth in the Company's most recent filings on Form 10-K (including without limitation in the "Risk Factors" Section), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this Press Release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this Press Release.
SOURCE Flotek Industries, Inc.