Patterson-UTI Energy (PTEN) Reports Drilling Activity for June

July 2, 2008 7:43 AM EDT

Patterson-UTI Energy (Nasdaq: PTEN) today announced results for drilling activity during the month of June:

• the company had an average of 253 drilling rigs operating, including 248 rigs in the U.S. and 5 rigs in Canada. For the three months ended June 2008, the Company had an average of 245 drilling rigs operating, including 243 rigs in the U.S. and 2 rigs in Canada.

Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were moving or operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company's financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.

Patterson-UTI Energy, Inc., together with its subsidiaries, provides onshore contract drilling services to independent oil and natural gas operators in North America.

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