November 11, 2008

Forbes Energy Services Announces Third Quarter 2008 Earnings Release and Conference Call Schedule

ALICE, Texas, Nov. 11 /PRNewswire/ -- Forbes Energy Services Ltd. (TSX: FRB) announced today that it will release its third quarter 2008 financial results at 6:00 a.m. Eastern on Friday, November 14, 2008. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Friday, November 14, 2008 at 9:00 a.m. Eastern (8:00 a.m. Central).

   What:  Forbes Energy Services Third Quarter 2008 Earnings Conference Call   When:  Friday, November 14, 2008 at 9:00 a.m. Eastern (8:00 a.m. Central)   How:   Live via phone -- By dialing 303-275-2170, or live over the          Internet by logging onto the web at the address below   Where:, in the "Corporate" section of the          Company's website   

For those who cannot listen to the live call, a telephonic replay will be available through November 21, 2008 and may be accessed by calling 303-590-3000 and using the pass code 11121428#. Also, an archive of the webcast will be available shortly after the call on the "Corporate" section of the Company's website.

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              361-664-0549               DRG&E              Ken Dennard, Managing Partner              Ben Burnham, AVP              713-529-6600  

Forbes Energy Services Ltd.

CONTACT: L. Melvin Cooper, SVP & CFO, Forbes Energy Services Ltd.,+1-361-664-0549; or Ken Dennard, Managing Partner, or Ben Burnham, AVP, bothof DRG&E, +1-713-529-6600

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