ALICE, Texas, May 19 /CNW/ -- Forbes Energy Services Ltd. (TSX: FRB)
today announced its rig and trucking hours billed for the month of April 2009.
For the month ending
April 30, March 31, April 30,
2009 2009 2008
Working days 22 22 22
U.S. 18,890 21,207 31,621
Mexico 2,520 3,336 -
Total rig hours 21,410 24,543 31,621
Truck hours 67,236 71,171 82,760
Working days represent the week days in the month less holidays. Rig and
truck hours represent actual hours billed to customers.
Mexico rig hours declined compared to March due to delays that resulted
from a national holiday and concerns over the swine flu outbreak.
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 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 Ltd.
L. Melvin Cooper, SVP & CFO
Ken Dennard, Managing Partner
Ben Burnham, AVP
For further information:
For further information: L. Melvin Cooper, SVP & CFO of Forbes Energy
Services Ltd., +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.