RPC Inc. is an oil and gas services company with numerous service lines well positioned to take advantage of high levels of exploration and production activities. In addition, RPC provides on-going maintenance and emergency services to the oil and gas services industry. The company's capital position also allows it to pursue attractive growth opportunities. Business Segments RPC reports its revenues using a technical services segment and a support services segment. Technical Services includes the service lines that utilize people and equipment to perform value-added maintenance, production and completion services directly to a customer's well. Support Services is primarily comprised of the services that provide equipment for customer use or services to assist customer operations.  RPC's services are used in different parts of the drilling and production process, and we have initiated the cross-selling of some complementary services. Having a broad expertise across different services lines allows us to make prudent strategic decisions in a largely fragmented market. Our goal is to maximize shareholder value and minimize earnings fluctuations in the traditionally cyclical oilfield services business. We are disciplined in maintaining our existing fleet of equipment so we can provide safe and reliable services for our customers. To generate higher growth rates, we have invested our available cash flow. Our managers have selected their capital investments well, as our growth in revenues and cash flow reflects. Technical Services These services are normally performed at a price and a time that produces a tangible return on investment; also, they are not considered a commodity. The business lines within the Technical Services segment offer services that all oil and natural gas exploration and production companies require, but are unlikely to offer in-house for a variety of reasons. These businesses typically have high financial barriers to entry, require personnel with specific experience and training, and can be dangerous. These services are generally directed toward improving the flow of oil and natural gas from producing formations or to address well control issues. A team of highly experienced professionals supports RPC's reputation for problem solving, innovation and technological leadership. They are trained to perform safely and cost-effectively and are backed by thorough engineering support. Support Services The Support Services reporting segment provides equipment and services for use primarily during drilling. This segment includes rental tools and tubulars. These items are often outsourced by exploration and production companies because of the extensive inventory maintenance and upkeep that they require. RPC's Well Control School is also included in this segment. Disclaimer: Certain statements and information included within this Web site contain and constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include our statements regarding our belief that sources of supply for various of our raw materials are adequate; our belief that the long-term prospects for our business are favorable due to the continued demand for oil and natural gas; our belief that the long-term demand outlook for natural gas is still favorable in spite of near-term price weakness; our belief that oil-directed drilling will continue to represent the majority of the total drilling rig count in the immediate future; our expectation to continue to focus on the development of international business opportunities in current and other international markets; our ability to obtain other customers in the event of a loss of our largest customers; the adequacy of our insurance coverage; the impact of lawsuits, legal proceedings and claims on our business and financial condition; our expectation to continue to pay cash dividends to the common stockholders subject to the earnings and financial condition of the Company and other relevant factors; our intention to increase our presence in areas in which drilling activity is directed towards oil; our belief that continued increases in U.S. domestic rig count during 2012 are unlikely; our belief that the trend of an increased percentage of oil-directed drilling and a decreased percentage of gas-directed drilling will continue in the near term; our belief that an increase in the supply in oilfield equipment in our markets can cause a decrease in the price we receive for our services if commodity prices and drilling activity do not also increase and that this effect may be more pronounced in the current environment; our expectation that our consolidated revenues and financial performance will improve in 2012 compared to 2011; our ability to maintain sufficient liquidity and a conservative capital structure; our belief about the amount of the contribution to the defined benefit pension plan in 2012; our ability to fund capital requirements in the future; the estimated amount of our capital expenditures and contractual obligations for future periods; estimates made with respect to our critical accounting policies; and the effect of new accounting standards. Additional discussion of factors that could cause the actual results to differ materially from management's projections, forecasts, estimates and expectations is contained in RPC's Form 10-K filed with the Securities and Exchange Commission for the year ended December 31, 2011.

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