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Bronco Drilling Announces Monthly Operating Results

December 14, 2009 (FinancialWire) — Bronco Drilling company, Inc. (NASDAQ: BRNC) said operational results for the month ended and as of November 30, 2009.

Utilization for the company’s drilling fleet was 30% for the month of November compared to 31% for the previous month and 23% for the third quarter. The company had an average of 37 marketed drilling rigs in November compared to 37 in the previous month and 45 for the third quarter. The average dayrate on operating drilling rigs as of November 30, 2009, was $15,608 compared to $15,608 as of October 31, 2009, and $15,113 for the third quarter of 2009.

The company cautions that several factors other than those discussed above may impact the company’s operating results and that a particular trend regarding the factors above may or may not be indicative of the company’s current or future financial performance.

Bronco Drilling Company, headquartered in Edmond, Oklahoma, is a provider of contract land drilling and workover services to oil and natural gas exploration and production companies.

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