Basic Energy Services to Attend the Raymond James & Associates 29th Annual Institutional Investors Conference

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MIDLAND, Texas, Feb. 27 /-/ -- Basic Energy Services, Inc. (NYSE: BAS) announced today that the Company will be presenting at the Raymond James & Associates 29th Annual Institutional Investors Conference to be held in Orlando, Florida on March 3 - 5, 2008.

    Ken Huseman, the Company's President and Chief Executive Officer, is scheduled to present on Wednesday, March 5, 2008, at 11:35 a.m. Eastern Time. The presentation will be broadcast live online in the Investor Relations section of Basic's website at http://www.basicenergyservices.com. A replay will be available on the Company's website for approximately 30 days. 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 provides well site services essential to maintaining production from the oil and gas wells within its operating area. The company employs more than 4,500 employees in more than 100 service points throughout the major oil and gas producing regions in Texas, Louisiana, Oklahoma, New Mexico, Arkansas, Kansas and the Rocky Mountain States.

    Additional information on Basic Energy Services is available on the Company's website at http://basicenergyservices.com .

    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.

     432-620-5510

     Jack Lascar/Sheila Stuewe

     DRG&E / 713-529-6600 Bookmark and Share
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