ALICE, Texas, Sept. 15 /CNW/ -- Forbes Energy Services Ltd. (TSX: FRB)
today announced its rig and trucking hours billed for the month of August
For the month ending
August 31, 2008 July 31, 2008 August 31, 2007
Working days 21 22 21
Rig hours 36,529 35,665 16,091
Truck hours 112,639 100,969 61,305
Hurricane Ike impacted much of Texas with heavy winds, rain, and rising
water. Forbes sustained no infrastructure damage although South Texas and East
Texas operations were suspended for a few days due to Ike. Operations are
resuming today and all locations should be fully functional by tomorrow,
Tuesday, September 16.
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
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.