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Key Energy Services Priced Its $200 Million Private Placement Of 6.750% Senior Notes Due 2021

This press release includes "forward-looking statements," such as statements concerning the contemplated closing of the offering and the expected use of proceeds. These statements are based on certain assumptions made by Key Energy Services. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Key Energy Services. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements.

About Key Energy Services

Key Energy Services is the largest onshore, rig-based well servicing contractor based on the number of rigs owned. Key provides a complete range of well intervention services and has operations in all major onshore oil and gas producing regions of the continental United States and internationally in Mexico, Colombia, the Middle East and Russia.

Contact: Gary Russell, Investor Relations713-651-4434

SOURCE Key Energy Services, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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