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Former Patterson-UTI CFO cops plea deal
These previous posts reported on the unusual case of Jonathan D. "Jody" Nelson, the former chief financial officer of Snyder, Texas (between Abilene and Lubbock)-based Patterson-UTI Energy, Inc., one of the largest land-based drilling contractors in the U.S. Early last...
SEC shoe drops on former Patterson-UTI CFO
Following on the revelations of late last week, the Securities and Exchange Commission commenced a civil action yesterday to freeze the assets of former Patterson-UTI Energy, Inc. chief financial officer, Jonathan Dwane "Jody" Nelson, who the SEC accuses of masterminding...
Troubles at Patterson-UTI
Snyder, Texas (between Abilene and Lubbock)-based Patterson-UTI Energy, Inc., one of the largest land-based drilling contractors in the U.S., raised a few eyebrows on Friday with the announcement that it is investigating the possible embezzlement of $70 million by a...
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