Attached files
file | filename |
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EX-10.1 - EXHIBIT 10.1 - Bronco Drilling Company, Inc. | c12370exv10w1.htm |
EX-99.1 - EXHIBIT 99.1 - Bronco Drilling Company, Inc. | c12370exv99w1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 9, 2011
BRONCO DRILLING COMPANY, INC.
(Exact name of registrant as specified in its charter)
Delaware | 000-51471 | 20-2902156 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
16217 North May Avenue Edmond, OK |
73013 |
|
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (405) 242-4444
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01 Entry into a Material Definitive Agreement.
The information provided in Item 2.03 is incorporated by reference herein.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement of a Registrant.
On February 9, 2011, Bronco Drilling Company, Inc. (the Company) entered into an amendment
to its revolving credit facility (the Amended Credit Facility) with Banco Inbursa S.A.,
Institución de Banca Múltiple, Grupo Financiero Inbursa. The Amended Credit Facility reduced the
commitment of the lender from $75 million to $45 million
and reduced the number of drilling rigs
pledged as collateral thereunder.
The description of the Amended Credit Facility set forth herein is a summary, is not complete
and is qualified in its entirety by reference to the full text of such agreement, which is filed
with this report and incorporated by reference herein.
Item 7.01 Regulation FD Disclosure.
On February 11, 2011, the Company issued its monthly operational press release and rig status
report for the month of January 2011. The full text of the press release and rig status report is
attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by
reference.
In accordance with General Instruction B.2 to Form 8-K, the information contained in Exhibit
99.1 is being furnished and shall not be deemed filed for the purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the
liabilities of that section, nor shall it be deemed incorporated by reference in any filing under
the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by
specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Number | Exhibit | |||
10.1 | First Amendment to Credit Agreement, dated February 9, 2011, by and among
Bronco Drilling Company, Inc., certain subsidiaries thereof, and Banco Inbursa
S.A., Institución de Banca Múltiple, Grupo Financiero Inbursa. |
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99.1 | Press Release issued by Bronco Drilling Company, Inc., dated February 11, 2011. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
BRONCO DRILLING COMPANY, INC. |
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Date: February 11, 2011 | By: | /s/ MATTHEW S. PORTER | ||
Matthew S. Porter | ||||
Chief Financial Officer |
Exhibit Index
Number | Exhibit | |||
10.1 | First Amendment to Credit Agreement, dated February 9, 2011, by and among
Bronco Drilling Company, Inc., certain subsidiaries thereof, and Banco Inbursa
S.A., Institución de Banca Múltiple, Grupo Financiero Inbursa. |
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99.1 | Press Release issued by Bronco Drilling Company, Inc., dated February 11, 2011. |