Forbes Energy Services Reports Selected Operating Data for November 2009
</pre> <p>ALICE, Texas, <chron>Dec. 15</chron> /CNW/ -- Forbes Energy Services Ltd. (TSX: FRB) today announced its rig and trucking hours billed for the month of <chron>November 2009</chron>.</p> <pre> </pre> <p> </p> <p> </p> <pre> For the month ending -------------------- November 30, 2009 October 31, 2009 November 30, 2008 ----------------- ---------------- ----------------- Working days 19 22 18 Rig hours U.S. 17,804 17,004 30,892 Mexico 5,520 4,296 - ----- ----- --- Total rig hours 23,324 21,300 30,892 </pre> <p> </p> <pre> Truck hours 74,478 75,491 103,499 -------------------------------------------------------------------- Working days represent the week days in the month less holidays. Rig and truck hours represent actual hours billed to customers. </pre> <p><person>John Crisp</person>, Forbes Energy's President and Chief Executive Officer, commented, "Forbes experienced another increase in daily activity during November. Our U.S. well servicing and fluid logistics segments both benefited from increased activity in South Texas, primarily related to the Eagle Ford shale play. <location>Mexico</location> billable hours increased closer to our expectations due to the continued efforts of our new operations team."</p> <p/> <p>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.</p> <p/> <p>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, Pennsylvania and <location>Mexico</location>.</p> <p/> <p> </p> <p> </p> <pre> Contacts: Forbes Energy Services Ltd. --------------------------- L. Melvin Cooper, SVP & CFO 361-664-0549 </pre> <p> </p> <pre> DRG&E ----- Ken Dennard, Managing Partner Ben Burnham, AVP 713-529-6600
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.
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