Superior Well Services Commences Public Offering of Common Stock

Superior Well Services has commenced a public offering of 6.0 million shares of common stock pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission ("SEC"). The underwriters for the offering will also have the option to purchase up to 900,000 additional shares of common stock to cover over-allotments, if any. The Company intends to use the net proceeds from the offering, including any net proceeds from the underwriters' exercise of their over-allotment option, to repay a portion of the indebtedness outstanding under the Company's credit facility.


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