318996--2/26/2010--KEY_ENERGY_SERVICES

related topics

{debt, indebtedness, cash}

{customer, product, revenue}

{cost, operation, labor}

{acquisition, growth, future}

{cost, regulation, environmental}

{operation, international, foreign}

{loss, insurance, financial}

{tax, income, asset}

{regulation, change, law}

{product, market, service}

{gas, price, oil}

Industry capacity may adversely affect our business. Our future financial results could be adversely impacted by asset impairments or other charges. Our business involves certain operating risks, which are primarily self-insured, and our insurance may not be adequate to cover all losses or liabilities we might incur in our operations. We are subject to the economic, political and social instability risks of doing business in certain foreign countries. We historically have experienced a high employee turnover rate. Any difficulty we experience replacing or adding workers could adversely affect our business. We may not be successful in implementing technology development and enhancements. We may incur significant costs and liabilities as a result of environmental, health and safety laws and regulations that govern our operations. We rely on a limited number of suppliers for certain materials used in providing our pressure pumping services. We may not be successful in identifying, making and integrating our acquisitions. The loss of a significant customer could cause our revenue to decline. Compliance with climate change legislation or initiatives could negatively impact our business. We may not be able to generate sufficient cash flow to meet our debt service obligations. The amount of our debt and the covenants in the agreements governing our debt could negatively impact our financial condition, results of operations and business prospects. Our variable rate indebtedness subjects us to interest rate risk, which could cause our debt service obligations to increase significantly.

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318996--2/26/2010--KEY_ENERGY_SERVICES_INC