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Basic Energy Services to Present at the Raymond James 27th Annual Institutional Investors Conference

Mar 02, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Basic Energy Services, Inc. (NYSE: BAS) (Basic) announced today that its President and Chief Executive Officer, Ken Huseman and its Chief Financial Officer, Alan Krenek, will be presenting at the Raymond James & Associates 27th Annual Institutional Investors Conference to be held at the Hyatt Grand Cypress in Orlando, Florida on Tuesday, March 7, 2006 at 2:50 p.m. Eastern Time.

A live broadcast of the presentation will be available online in the Investor Relations section of Basic's website at http://www.basicenergyservices.com. A replay will be available at http://www.basicenergyservices.com until Thursday, April 6, 2006. Listeners should access the site at least 15 minutes prior to the presentation start time to register and, if necessary, download and install the required software.

Basic Energy Services, with a fleet of more than 300 well servicing rigs, provides a range of well site services to oil and gas drilling and producing companies throughout the major oil and gas regions in Texas, Louisiana, Oklahoma, New Mexico and the Rocky Mountain States.

Safe Harbor Statement:

Statements made during the presentation may include forward-looking statements and projections, made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Basic has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release, including Basic's ability to successfully execute, manage and integrate acquisitions. While Basic makes these statements and projections in good faith, neither Basic nor its management can guarantee that the transactions will be consummated or that anticipated future results will be achieved. Basic assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by Basic, whether as a result of new information, future events, or otherwise.

Contacts: Alan Krenek, Chief Financial Officer
Basic Energy Services, Inc.
432-620-5516

Jack Lascar/Sheila Stuewe
DRG&E / 713-529-6600

SOURCE Basic Energy Services, Inc.

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