Larry Pinkston, Chief Executive Officer of Unit Corporation (NYSE: UNT), presented today at EnerCom’s The Oil & Services Conference™ 13. Unit Corporation is a Tulsa-based, publicly held energy company engaged through its subsidiaries in oil and natural gas exploration, production, contract drilling and natural gas gathering and processing. For more information about Unit Corporation, visit its website at http://www.unitcorp.com.

During the company’s breakout session, management was asked the following questions:

  • Have you seen change in rate in customers dropping rigs?
  • Does rig reduction cause you to retire rigs from fleet?
  • Do you build your own BOSS rigs? What type of pricing premium do you get? What are your costs?
  • For the horizontal wells you’re drilling, how long are they and what is the cost?
  • How many BOSS rigs do you have? Are you planning on building more?
  • How much automation technology do you have on your BOSS rigs?
  • What is the rationale for the integrated business model approach with your three segments?
  • Why did you expand into Appalachia?
  • How do you measure success for your various businesses?
  • Are you seeing signs of a pickup in M&A activity?

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