ALICE, Texas, Jan. 14 /PRNewswire-FirstCall/ -- Forbes Energy Services Ltd. (TSX: FRB) today announced its rig and trucking hours billed for the month of December 2008.
For the month ending December 31, 2008 November 30, 2008 December 31, 2007 Working days 20 18 18 Rig hours 27,272 30,892 17,562 Truck hours 95,401 103,499 69,434
Working days represent the week days in the month less holidays. Rig and truck hours represent actual hours billed to customers. Work days in December 2008 amounted to 20 based on 23 weekdays in the month reduced by two days for the Christmas holiday and one day the New Year holiday.
Forbes Energy Services cautions that several factors other than those discussed above may impact the Company's operating results and that a particular trend regarding the factors above may or may not be indicative of the Company's current or future financial performance.
Forbes Energy Services is an independent oilfield services contractor that provides a broad range of drilling-related and production-related services to oil and natural gas companies, primarily onshore in Texas.
Contacts: Forbes Energy Services Ltd. L. Melvin Cooper, SVP & CFO 361-664-0549 DRG&E Ken Dennard, Managing Partner Ben Burnham, AVP 713-529-6600
