Forbes Energy Services Announces Extension of Consent Solicitation



    ALICE, Texas, Feb. 4 /CNW/ -- Forbes Energy Services Ltd. (TSX: FRB) (the
"Company") announced today that it is extending the 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 consent solicitation, which was scheduled
to expire at 4:30 p.m., New York City time, on Wednesday, February 4, 2009,
will now expire at 4:30 p.m., New York City time, on Friday, February 6, 2009
unless further extended.
    

    
    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 or take any other action in response to this extension. 
Holders wishing to submit consents may use the Letter of Consent provided with
the Consent Solicitation Statement dated January 22, 2009 (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

Organization Profile

FORBES ENERGY SERVICES LTD.

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