Key Energy Services Announces Conference Call

HOUSTON, Jan. 19 /PRNewswire-FirstCall/ -- Key Energy Services, Inc. (OTC Pink Sheets: KEGS) announced today that it will hold an investor conference call on February 2, 2007 at 10:00am EST. The call will be held in conjunction with the release of the Company's selected financial data for the fourth quarter of 2006. This information is expected to be released after the market closes on February 1, 2007. 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 Services 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 February 2, 2007 beginning at 12:00pm EST and will be available for one week. To access the replay, please call [phone]. The access code for the replay is 6639610.

Key Energy Services, Inc. is the world's largest rig-based well service company. The Company provides oilfield services including well servicing and workover services, 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 United States and internationally in Argentina.

Contact: John Daniel

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