For the month ending December 31, November 30, December 31, 2008 2008 2007 Working Days 21 18 19 Rig Hours 195,022 187,892 201,476 Trucking Hours 195,766 191,992 187,973 The Company calculates working days as total weekdays for the month less any Company holidays that occur that month. For the month of January 2009, there are 21 working days.
Key Energy Services, Inc. is the world's largest rig-based well service company. The Company provides oilfield services including well servicing, pressure pumping, fishing and rental tools, electric wireline and other oilfield services. The Company has operations in all major onshore oil and gas producing regions of the continental
Certain statements contained in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company, the Company's industry, management's beliefs and certain assumptions made by management. Whenever possible, the Company has identified these "forward-looking statements" by words such as "expects," "believes," "anticipates" and similar phrases. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict, including, but not limited to: risks affecting the ability of the Company to maintain or improve operations, including the ability to maintain prices, the impact of weather; risks that the Company will be unable to achieve financial targets or cost reductions; risks associated with prolonged poor economic conditions in
Contact: Bill Austin (713) 651-4300
SOURCE Key Energy Services, Inc.