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Strategies & Market Trends : Guidance and Visibility

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From: ACAN	2/12/2009 9:32:32 AM
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[wel] Boots & Coots Acquires John Wright Company Thursday February 12, 7:05 am ET HOUSTON--(BUSINESS WIRE)--Boots & Coots International Well Control, Inc. (NYSE:WEL - News), announced today that it has purchased John Wright Company (JWC) for approximately $10 million in a combination of cash and subordinated debt. Based in Houston, JWC provides a suite of relief well drilling and risk management services to the oil and gas industry worldwide. Boots & Coots will integrate the company’s proprietary technology into its Safeguard program, which is currently its fastest growing segment.

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