Basic Energy Services to Present at the IPAA Oil and Gas Symposium

MIDLAND, Texas, April 15 /PRNewswire-FirstCall/ — Basic Energy Services, Inc. (NYSE: BAS) announced today that its management will be presenting at the Independent Petroleum Association of America’s (“IPAA”) Oil and Gas Symposium to be held in New York on April 20 – 22, 2009.

Ken Huseman, President and Chief Executive Officer is scheduled to present on Tuesday, April 21, 2009 at 4:35 p.m. Eastern Time. The presentation will be broadcast live online in the Investor Relations section of Basic’s website at 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 4,200 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 (i) changes in demand for Basic’s services and any related material impact on our pricing and utilizations rates, (ii) Basic’s ability to execute, manage and integrate acquisitions successfully and (iii) changes in our expenses, including labor or fuel costs and financing costs. Additional important risk factors that could cause actual results to differ materially from expectations are disclosed in Item 1A of Basic’s Form 10-K for the year ended December 31, 2007, subsequent Form 10-Q’s filed with the SEC and our Form 10-K for the year ended December 31, 2008 when filed. While we make these statements and projections in good faith, neither Basic Energy Services 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

SOURCE Basic Energy Services, Inc.