MIDLAND, Texas, Jan. 16 /PRNewswire-FirstCall/ -- Basic Energy Services, Inc. (NYSE:BAS) today announced that Steven A. Webster, Chairman, Kenneth V. Huseman, Jr., President and Chief Executive Officer, and Alan Krenek, Chief Financial Officer will preside over the NYSE Opening Bell on January 17, 2006 at 9:30 a.m. EST, in celebration of the Company's achieving numerous milestones, including the listing of its common stock on the NYSE on December 9, 2005. Mr. Huseman stated, "Basic Energy Services is a proud new member of the New York Stock Exchange. As a public company, we look forward to providing investors an opportunity to participate in our continued growth as we expand our range of oilfield services." 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, Louisiana and the Rocky Mountain States. Contacts: Alan Krenek, Chief Financial Officer Basic Energy Services, Inc. 432-620-5516 Jack Lascar/Sheila Stuewe DRG&E / 713-529-6600 First Call Analyst: FCMN Contact: ksdennard@drg-e.com DATASOURCE: Basic Energy Services, Inc. CONTACT: Alan Krenek, Chief Financial Officer of Basic Energy Services, Inc., +1-432-620-5516; or Jack Lascar or Sheila Stuewe, both of DRG&E, +1-713-529-6600, for Basic Energy Services, Inc.

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