HOUSTON, June 24, 2015 /PRNewswire/ -- Flotek
Industries, Inc. (NYSE: FTK - News) will make a presentation at
the Global Hunter Securities GHS 100 Energy Conference in
Chicago on Wednesday, June 24, 2015. John Chisholm, Chairman, President and Chief
Executive Officer of Flotek, will present to conference attendees
beginning at 9:30 am CDT.
The presentation will be webcast live and can be accessed from
Flotek's website, www.flotekind.com. The presentation slides will
be available on the Flotek website coincident with the conference
presentation.
In addition, Flotek today filed a Current Report on Form 8-K
with the Securities and Exchange Commission detailing a series of
amendments to the Company's Senior Credit Facility with PNC Bank
that provide the Company with more flexibility with regard to the
creation of foreign entities to more efficiently operate the
Company's international business; add certain new domestic
subsidiaries as borrowers, consistent with the original credit
facility; and relax certain reporting requirements of the
Company.
"We appreciate PNC's consistent willingness to adapt to our
needs as we evolve into a global energy technology company and
their continued support as we grow our business and the strength of
our balance sheet," said John
Chisholm, Chairman, President and Chief Executive Officer of
Flotek. "PNC was willing to step up when we needed a fresh start
and new banking relationship and we are delighted they consider
Flotek an important client as we work to position Flotek as a
global energy technology company with evolving financial needs. We
look forward to continuing our solid relationship for years to
come."
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.
Forward-Looking Statements
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.
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SOURCE Flotek Industries, Inc.