Exhibit 99.1

FOR IMMEDIATE RELEASE

BLACK WARRIOR WIRELINE CORP. ANNOUNCES ACQUISITION OF BOBCAT PRESSURE CONTROL,
INC. AND AMENDED AND RESTATED CREDIT FACILITIES

MONDAY, DECEMBER 19, 2005


Columbus, Mississippi. Black Warrior Wireline Corp. (OTCBB-BWWL) ("Black
Warrior" or the "Company") announced today that it had completed the acquisition
of BobCat Pressure Control, Inc. ("BobCat"). The acquisition was effected as the
purchase of all of the outstanding equity securities of BobCat from the holders
for a purchase price of approximately $52.3 million, including related fees and
expenses and repayment of substantially all BobCat indebtedness. In addition,
Black Warrior entered into a non-competition agreement with Bobby Joe Cudd and
employment agreements with key employees of BobCat. BobCat provides well
intervention services to natural gas and oil exploration and production
companies. These services are primarily hydraulic workover services, commonly
known as "snubbing," which permit an operator of a well to repair damaged
casing, production tubing and downhole production equipment in high pressure,
"live well" environments. BobCat also provides wellhead freezing services, hot
tapping well access services, and rental tool services. BobCat's services are
provided throughout the Mid-Continent area of the United States.

The purchase price was paid in cash at the closing of the acquisition out of
borrowings under an amended and restated senior lien credit agreement and a
second lien credit agreement entered into concurrently with the closing of the
BobCat acquisition with General Electric Capital Corporation, as lender and
agent for lenders.


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Simmons & Company International acted as financial advisors to Black Warrior in
the acquisition of BobCat.

Black Warrior's amended and restated senior lien credit agreement with General
Electric Capital Corporation provides for a three-year, $50.0 million senior
secured credit facility consisting of a working capital revolving loan facility
of up to $15.0 million, a term loan totaling $30.0 million and a one-year
capital expenditure loan facility of up to $5.0 million. The proceeds of the
term loan borrowing were used to pay a portion of the BobCat transaction
purchase price and to repay certain existing Black Warrior debt and for general
corporate purposes. This new senior secured debt facility replaces the expiring
senior secured debt facility with General Electric Capital Corporation.

In addition to the senior secured credit facility, Black Warrior entered into a
second lien credit facility with General Electric Capital Corporation pursuant
to which it borrowed $25.0 million, the proceeds of which were used to fund a
portion of the BobCat acquisition. The loan matures and is due and payable on
March 16, 2009, subject to certain mandatory pre-payments. The loan is secured
by a second lien on all of Black Warrior's assets.

Concurrently with the borrowings under the credit facilities, the maturity date
of approximately $21.9 million principal amount of Black Warrior's subordinated
secured debt was extended to June 15, 2009 and $2.1 million of such subordinated
debt, including accrued interest, was repaid. No interest or principal payments
on the remaining outstanding subordinated debt are permitted until the senior
secured loans mature or are repaid. The maturity date of the subordinated debt
was extended from February 13, 2008.


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Black Warrior is an oil and gas service company providing services to oil and
gas well operators primarily in the United States and in the Gulf of Mexico. It
is headquartered in Columbus, Mississippi. Additional information may be
obtained by contacting Ron Whitter, Chief Financial Officer, at (662) 329-1047.

CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE
SECURITIES LITIGATION REFORM ACT OF 1995.

         With the exception of historical matters, the matters discussed in this
press release are "forward-looking statements" as defined under the Securities
Exchange Act of 1934, as amended, that involve risks and uncertainties. The
Company intends that the forward-looking statements herein be covered by the
safe-harbor provisions for forward-looking statements contained in the
Securities Exchange Act of 1934, as amended, and this statement is included for
the purpose of complying with these safe-harbor provisions. Forward-looking
statements include, but are not limited to, the matters described herein. Such
forward-looking statements relate to the Company's ability to generate revenues
and attain and maintain profitability and cash flow, the stability and level of
prices for natural gas and oil, predictions and expectations as to the
fluctuations in the levels of natural gas and oil prices, pricing in the natural
gas and oil services industry and the willingness of customers to commit for
natural gas and oil well services, the ability of the Company to engage in and
complete the proposed recapitalization and restructuring of its balance sheet, a
proposed underwritten public offering of its securities, the possible
refinancing of its outstanding indebtedness, the ability of the Company to
integrate and successfully operate the business activities of BobCat, a merger
of the Company or sale of its assets or another business combination
transaction, the ability of the Company to raise debt or equity capital to
recapitalize or restructure its balance sheet and to obtain additional financing
when and if required, the ability to maintain compliance with the covenants of
its credit agreements and other loan agreements pursuant to which securities,
including debt instruments, have been issued and obtain waivers of violations
that occur and consents to amendments as required, the ability to implement and,
if appropriate, expand a cost-cutting program, if required, the ability to
compete in the premium natural gas and oil services market. The inability of the
Company to meet these objectives or requirements or the consequences on the
Company from adverse developments in general economic conditions, changes in
capital markets, adverse developments in the natural gas and oil industry,
developments in international relations and the commencement or expansion of
hostilities by the United States or other governments and events of terrorism,
declines and fluctuations in the prices for natural gas and oil, weather events
disrupting natural gas and oil operations and other factors could have a
material adverse effect on the Company. Material declines in the prices for
natural gas and oil can be expected to adversely affect the Company's revenues.
The Company cautions readers that various risk factors could cause the Company's
operating results and financial condition to differ materially from those
expressed in any forward-looking statements made by the Company and could
adversely affect the Company's financial condition and its ability to pursue its
business strategy and plans. Readers should refer to the Company's Annual Report
on Form 10-K and the risk factors disclosed therein.


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