Isenberg Education Fund Awards 76 Scholarships for 2010-2011 Academic Year

Trading Markets - The Isenberg Scholarship was recently created by Eugene Isenberg, Chairman and Chief Executive Officer of Nabors, who funds the program by donating the entire after-tax proceeds of his salary to benefit the educational pursuits of Nabors employees and their immediate family members, among others. According to the group, these initial Isenberg Scholarship awards will provide 90 percent of the 76 recipients with scholarships in the range of $5,000 - $15,000. This year's recipients will be attending accredited colleges throughout the United States, including: Texas A&M University, University of Houston, University of Virginia, University of Southern Mississippi, Houston Baptist University, University of Alaska Fairbanks, The University of Texas at Austin, University of Arkansas, Stanford University, and Texas Tech University, among others.

The Isenberg Education Fund (Isenberg Scholarship), created to provide charitable and educational assistance to employees of Nabors Industries and their dependents, said that it has contributed over $350,000 to provide scholarships to 76 students for the upcoming 2010-2011 academic year.

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The Isenberg Scholarship was recently created by Eugene Isenberg, Chairman and Chief Executive Officer of Nabors, who funds the program by donating the entire after-tax proceeds of his salary to benefit the educational pursuits of Nabors employees and their immediate family members, among others. According to the group, these initial Isenberg Scholarship awards will provide 90 percent of the 76 recipients with scholarships in the range of $5,000 - $15,000. This year's recipients will be attending accredited colleges throughout the United States, including: Texas A&M University, University of Houston, University of Virginia, University of Southern Mississippi, Houston Baptist University, University of Alaska Fairbanks, The University of Texas at Austin, University of Arkansas, Stanford University, and Texas Tech University, among others.

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