Forbes Energy Services Announces Amendment to Consent Solicitation



    ALICE, Texas, Feb. 2 /CNW/ -- Forbes Energy Services Ltd. (TSX: FRB) (the
"Company") announced today that it is amending the terms of its previously
announced consent solicitation with respect to the 11% Senior Secured Notes
due 2015 (the "Notes") issued by two of its subsidiaries, Forbes Energy
Services LLC and Forbes Energy Capital Inc.  The purpose of the modifications
to the proposed amendments described in the Consent Solicitation Statement
dated January 22, 2009 (the "Statement") is to make certain terms of the
proposed amendments more favorable to holders of the Notes.
    

    
    All other terms of the consent solicitation remain unchanged.  Holders of
the Notes who have already properly delivered their consents do not need to
deliver new consents.  Holders wishing to submit consents may use the Letter
of Consent provided with the Statement by following the procedures set forth
therein.
    

    
    For a complete statement of the terms and conditions of the consent
solicitation and of the proposed amendments to the indenture governing the
Notes, holders of the Notes should refer to the Statement and the Amendment to
the Statement dated February 2, 2009 (the "Amendment").
    

    
    Questions regarding the consent solicitation may be directed to Jefferies
and Company, Inc., at (203) 708-5831 or toll-free at (888) 708-5831. Wells
Fargo Bank, National Association is serving as Tabulation Agent in connection
with the consent solicitation. Requests for assistance in delivering consents
or for additional copies of the Statement, the Amendment or the related
solicitation documents should be directed to the Tabulation Agent at Wells
Fargo Bank, National Association, 625 Marquette Avenue, Minneapolis, MN 55402,
Telephone: (612) 667-6245.
    

    About the Company
    
    Forbes Energy Services Ltd. 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, Mississippi and Mexico.
    

    

    
    Contacts:  Forbes Energy Services LLC
               L. Melvin Cooper, SVP & CFO
               361-664-0549
    

    
               DRG&E
               Ken Dennard, Managing Partner
               Ben Burnham, AVP
               713-529-6600




    




For further information:

For further information: L. Melvin Cooper, SVP & CFO of Forbes Energy
Services LLC, +1-361-664-0549; or Ken Dennard, Managing Partner, or Ben
Burnham, AVP, both of DRG&E, +1-713-529-6600, for Forbes Energy Services Ltd.

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FORBES ENERGY SERVICES LTD.

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