Boots & Coots files $250M shelf registration

AP News
Posted: Nov 17, 2009 1:28 PM

Boots & Coots Inc., an oil and gas exploration company, said Tuesday it has filed a universal shelf registration statement with the Securities and Exchange Commission to sell $250 million in securities but has no immediate plans to do so.

Chief Financial Officer Cary Baetz said the statement will "help facilitate our future ability to raise capital to fund potential acquisitions, invest in other growth opportunities or repay debt."

Boots & Coots is based in Houston.