Bronco Drilling Company, Inc. Announces Monthly Operating Results.OKLAHOMA CITY Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm -- Bronco bronco: see mustang. Drilling Company, Inc., (Nasdaq/GS:BRNC BRNC Britannia Royal Naval College (Dartmouth, England) ), announced today operational results for the month ended and as of June 30, 2009. Utilization for the Company's drilling fleet was 29% for the month of June compared to 31% for the previous month and 58% for the first quarter. The Company had an average of 45 marketed drilling rigs in June compared to 45 in the previous month and 45 for the first quarter. The average dayrate on operating drilling rigs as of June 30, 2009, was $16,019 compared to $16,900 as of May 31, 2009, and $16,708 for the first quarter of 2009. The Company cautions that several factors other than those discussed above may impact the Company's operating results and that a particular trend regarding the factors above may or may not be indicative of the Company's current or future financial performance. About Bronco Drilling Bronco Drilling Company, Inc. is a publicly held company headquartered in Edmond, Oklahoma Edmond is a rapidly growing suburban city in Oklahoma County, Oklahoma in the central part of the state. It is the sixth largest city in the state of Oklahoma and is part of the Greater Oklahoma City metropolitan area. , and is a provider of contract land drilling and workover services to oil and natural gas exploration and production companies. Bronco's common stock is quoted on The NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Global Select Market under the symbol "BRNC". For more information about Bronco Drilling Company, Inc., visit http://www.broncodrill.com. [TABLE OMITTED] Cautionary Note Regarding Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. The information in this report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, comments pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to estimated contract duration. Such statements are subject to risks, uncertainties and assumptions, including, but not limited to, early termination by the customer pursuant to the contract or otherwise, cancellation or completion of certain contracts or projects earlier than expected, operating hazards and other factors described in Bronco Drilling Company, Inc's. Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the SEC on March 16, 2009, as amended on April 29, 2009 and June 30, 2009 and other filings with the SEC, which are available free of charge on the SEC's website at www.sec.gov. Bronco cautions you that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected or implied in these statements. |
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