Boots & Coots Files Universal Shelf

Boots & Coots, Inc. (NYSE:WEL), today announced that the Company has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (the "SEC"). The registration statement is subject to review by the SEC.

“We currently have no plans to offer or sell securities under this registration statement,” stated Cary Baetz, chief financial officer of Boots & Coots. “Having a universal shelf registration in place provides us with greater financial flexibility and is a proactive step which will help facilitate our future ability to raise capital to fund potential acquisitions, invest in other growth opportunities or repay debt.”

When declared effective by the SEC, the Company may, from time to time, offer and sell up to $250 million of its securities consisting of common stock, preferred stock, debt (senior and subordinated), warrants, units or a combination thereof subject to market conditions and the Company’s capital needs. The terms of any offering under the shelf registration statement would be established at the time of such offering and described in a prospectus supplement filed with the SEC prior to completion of the offering.

This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Any offer of these securities will be made solely by means of the prospectus included in the registration statement and any prospectus supplement that may be issued with respect to such offering.

About Boots & Coots

Boots & Coots, Inc., with its headquarters in Houston, Texas, provides a suite of integrated pressure control services to onshore and offshore oil and gas exploration companies around the world. Boots & Coots’ products and services include well intervention services designed to enhance production for oil and gas operators. These services consist primarily of hydraulic workover and snubbing services. Boots & Coots’ equipment services segment provides high pressure, high temperature rental tools. The company’s pressure control services are designed to reduce the number and severity of critical events such as oil and gas well fires, blowouts or other incidences due to loss of control at the well. This segment consists primarily of the company’s Safeguard prevention and emergency response services. Additional information can be found at www.boots-coots.com.

Certain statements included in this news release are intended as "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Boots & Coots cautions that actual future results may vary materially from those expressed or implied in any forward-looking statements. More information about the risks and uncertainties relating to these forward-looking statements is found in Boots & Coots' SEC filings, which are available free of charge on the SEC's web site at www.sec.gov.