Nabors Industries 3Q11 Earnings Conference Call October 26, 2011 Presenter: Gene Isenberg, Chairman & CEO
U.S. Lower 48 Land Drilling Term Contracts in Force at 9/30/11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 Quarter end number of rigs 163 144 124 104 86 69 subject to term contracts(1) (In Millions) Actual Estimates Prior Out Non-Working Rig…
Quarterly Adjusted Income (Loss) Derived from Operating Activities (000s) 3Q11 2Q11 3Q10 US Lower 48 104,877 99,231 70,452 Nabors Well Services 22,839 16,526 9,049 US Offshore 2,457 (1,059) (1,090) Alaska 3,021 8,288 14,299…
Non-GAAP Financial Information Within the preceding slides in this presentation, we present, both historically and on a forward-looking basis, our adjusted income (loss) derived from operating activities, which is a non-GAAP financial…
Non-GAAP Financial Information (continued) The following table provides a reconciliation of adjusted income (loss) derived from operating activities for our reportable segments to income (loss) from continuing operations before income…