Key Energy Services, Inc. (KEGS)

[Golden Cross]

Key Energy Announces Conference Call
Monday May 8, 8:30 am ET


HOUSTON, May 8 /PRNewswire-FirstCall/ -- Key Energy Services, Inc. (Pink Sheets: KEGS - News) announced today that it will hold an investor conference call on May 23, 2006 at 10:00am EST. The call will be held in conjunction with the release of the Company's monthly rig and trucking hours and selected financial data for the first quarter of 2006. This information is expected to be released after the market closes on May 22, 2006. During the conference call, the Company will provide an activity update as well as discuss the status of the Company's restatement process. To access the call, which is open to the public, please call the conference call operator at the following number: [phone] and ask for the "Key Energy Conference Call." The conference call will also be available on the web. To access the webcast, go to http://www.keyenergy.com and select "Investor Relations." A replay of the conference call will be available on May 23, 2006 beginning at 5:00pm EST and will be available for one week. To access the replay, please call [phone]. The access code for the replay is 828643.
Key Energy Services, Inc. is the world's largest rig-based well service company. The Company provides oilfield services including well servicing, contract drilling, pressure pumping, fishing and rental tools and other oilfield services. The Company has operations in essentially all major onshore oil and gas producing regions of the continental United States and internationally in Argentina.

Contact: John Daniel


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