Boots & Coots Intl Well Control, Inc. - WEL- Profile

Boots & Coots Intl Well Control, Inc.. The Group's principal activity is to provide oil and gas services. The Group responds and controls oil and gas well emergencies including blowouts and well fires. The Group operates in two segments: Prevention and Response. The Prevention segment consists of non-event services designed to reduce the number and severity of critical well events to oil and gas operators. The Response segment consists of personnel and equipment services provided during an emergency response. It has the capacity to supply the equipment, expertise and personnel necessary to contain the oil and hazardous materials spills and discharges and restore affected oil and gas wells to production. Through its proprietary insurance program WELLSURE(R), it provides lead contracting and high-risk management services to the program's insured clients. It has a strategic alliance with Halliburton Energy Services. Prevention segment accounted for 54% of 2002 revenues and Response segment, 46%.