Superior Energy Services Prices Stock Offering

Superior Energy Services, Inc. (NYSE:SPN) announced that its previously announced public offering of 9,696,627 shares of common stock has been priced to the public at $12.25 per share for proceeds of $11.70 per share to the Company after underwriters' discount and before expenses. Superior has also granted to the underwriters a 30-day option to purchase up to an additional 1,454,494 shares of common stock to cover over-allotments, if any, at the same per share price.

Johnson Rice & Company L.L.C. is acting as the bookrunner for the offering. Raymond James & Associates, Inc. is serving as joint lead manager, and Simmons & Company International is serving as co-manager. A copy of the prospectus and prospectus supplement relating to the offering may be obtained from Johnson Rice & Company L.L.C., by writing to 639 Loyola Avenue, Suite 2775, New Orleans, Louisiana, 70113, Attn.: Joshua C. Cummings. The offering is expected to close on October 19, 2004.
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