Keith MacKey

John Daniel

Waqar Syed

Grant Hynes

Jeff LeBlanc

Michael Smaller

Arun Jayaram

Daniel Kutz

Arun Jaryan

David Smith

Jeffrey LeBlanc

Kurt Hallead

Scott Gruber

- Nabors Industries has secured a **multi-year contract** with Caturus Energy for the **PACE-X Ultra™ X33 rig**, which is identified as the **most powerful onshore drilling system** currently in the United States.  **[1163739_20250925NY83017:0]** 
- The PACE-X Ultra™ X33 rig is designed to handle **complex well designs**, including 4-mile laterals and 14,000+ vertical depths, and incorporates technology for **improved fuel efficiency and emissions reduction**.  **[1163739_20250925NY83017:0]** 
- This strategic deployment supports Caturus Energy's objective to increase its net production to **1 billion cubic feet of gas equivalent per day by 2029**.  **[1163739_20250925NY83017:0]**

Nabors Industries and Caturus Energy Deploy New Drilling Rig

- Nabors Industries Ltd. published an Investor Presentation on **September 2, 2025**, detailing its Q2 2025 performance and future outlook.  **[1163739_0001410578-25-002025_tm2525836d1_8k.htm:1]** 
- The company completed two significant transactions in 2025: the acquisition of Parker Wellbore for **$274 million**, projected to add **>$70 million** in annualized 4Q EBITDA from retained businesses and **$40 million** in synergies in 2025, and the divestiture of Quail Tools for **$625 million** in net proceeds.  **[1163739_0001410578-25-002025_tm2525836d1_ex99-1.htm:4]** 
- Proceeds from the Quail Tools sale are earmarked to **reduce net debt by over 25%** and are expected to generate **>$50 million** in annual interest savings.  **[1163739_0001410578-25-002025_tm2525836d1_ex99-1.htm:4]** 
- For Q3 2025, Nabors anticipates International Drilling adjusted EBITDA of **~$55 million** and Drilling Solutions revenue between **$200 million and $210 million**.  **[1163739_0001410578-25-002025_tm2525836d1_ex99-1.htm:4]**

Nabors Industries Ltd. Provides Q2 2025 Investor Presentation Highlights

NABORS INDUSTRIES (NBR)