Forbes Energy Services Reports Selected Operating Data for October 2009


    



    
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<p>ALICE, Texas, <chron>Nov. 12</chron> /CNW/ -- Forbes Energy Services Ltd. (TSX: FRB) today announced its rig and trucking hours billed for the month of <chron>October 2009</chron>.</p>
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                                        For the month ending
                                        --------------------
                        October 31, 2009 September 30, 2009 October 31, 2008
                        ---------------- ------------------ ----------------
    Working days               22                 21               23
    Rig hours
        U.S.                 17,004             15,520           39,424
        Mexico                4,296              4,608                -
                              -----              -----            -----
        Total rig hours      21,300             20,128           39,424
    
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<p>Truck hours              75,491             71,343          110,120</p>
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      Working days represent the week days in the month less holidays. Rig and
              truck hours represent actual hours billed to customers.


    
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<p><person>John Crisp</person>, Forbes Energy's President and Chief Executive Officer, commented, "I'm pleased to report that Forbes experienced a moderate increase in activity during October.  Well Servicing benefited from increased natural gas activity in South Texas, and to a lesser extent in East Texas.  <location>Mexico</location> hours were down slightly primarily due to location construction delays related to Mexico's annual rainy season and site access negotiations with land owners.  While these are typical of operations in <location>Mexico</location>, we continue to focus on mitigating delays of this type.  Our Fluid Logistics segment benefited from increased work in the oil-driven Permian Basin of West Texas."</p>
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<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>
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<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>
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    Contacts:  Forbes Energy Services Ltd.
               L. Melvin Cooper, SVP & CFO
               361-664-0549
    
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               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 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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FORBES ENERGY SERVICES LTD.

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