Filed by Patterson-UTI Energy, Inc. pursuant to
Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: NexTier Oilfield Solutions Inc.
Commission File No. 1-37988
The following email was sent to all Patterson-UTI employees on July 27, 2023:
It has been a little more than a month since we announced the pending merger between
Patterson-UTI and NexTier Oilfield Solutions, and we thought it was a good time to provide all of you with an update regarding the status of the integration of the two companies.
Before I speak to the pending merger with NexTier, I want to thank each of you for the ongoing work that you do for our customers, and for continuing to do
your part to work safely together. It has been a hot summer across the regions where we operate please continue stay hydrated and to look out for each other.
Regarding the integration planning process, we have formed a Steering Committee to oversee the integration. The Steering Committee is comprised of leaders
from both companies, and includes Robert Drummond, Andy Smith, Kenny Pucheu, Mike Holcomb, Matt Gillard, Ken Berns, Diana Dotolo, Seth Wexler and me. We have also identified other individuals in operational and support groups across both companies
to assist with the integration planning process, and these groups began meeting this week to help us plan for the combination of these two industry-leading organizations. In addition to enlisting the help of
Patterson-UTI and NexTier employees, we have engaged an experienced consulting firm to assist us with the integration process, and you may see their representatives at some of our work locations or be asked to
provide them with your feedback.
For now, please remember that Patterson-UTI and NexTier Oilfield Solutions are
operating as two separate companies and will continue to do so until the merger closes.
We know that there continue to be questions about the integration
and what the combined company will look like. We remain committed to communicating with you in a timely and transparent manner, and we will continue to provide periodic updates. For now, I ask that we all remain focused on providing excellent
service to our customers and caring for each other to work safely and effectively together. Thank you again for all that you do.
/s/ William A.
Hendricks, Jr.
Andy Hendricks
President and Chief Executive
Officer