BJ Services Announces Declaration of Dividend and Executive Management Promotions
May 24 2007 - 7:00PM
PR Newswire (US)
HOUSTON, May 24 /PRNewswire-FirstCall/ -- BJ Services Company
(NYSE: BJS; CBOE; PCX) announced today that its Board of Directors
has approved a quarterly cash dividend in the amount of $.05 per
share, payable July 13, 2007 to shareholders of record at the close
of business on June 15, 2007. The Board of Directors also appointed
Alasdair Buchanan to the position of Vice President --
International Pressure Pumping Operations. He will be responsible
for the Company's pressure pumping operations outside North
America. Mr. Buchanan has been with the Company for 24 years, most
recently serving as the Company's Vice President -- Technology and
Logistics. Additionally, the Board of Directors appointed Jeff
Hibbeler to Vice President -- Technology and Logistics. Mr.
Hibbeler has been with the Company for 17 years, most recently
serving as Region Manager for the Company's Asia Pacific
operations. BJ Services Company also announced today that David D.
Dunlap, Executive Vice President and Chief Operating Officer will
present at the RBC Capital Markets Energy Conference on Wednesday,
June 6, 2007 at 10:50 a.m. Eastern (9:50 a.m. Central). Dunlap's
remarks will be available via real-time webcast at
http://www.bjservices.com/. Playback of the webcast will be
available for seven days following the Summit. BJ Services Company
is a leading provider of pressure pumping and other oilfield
services to the petroleum industry. (NOT INTENDED FOR DISTRIBUTION
TO BENEFICIAL OWNERS) DATASOURCE: BJ Services Company CONTACT: Jeff
Smith of BJ Services Company, +1-713-462-4239 Web site:
http://www.bjservices.com/
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