UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 17, 2005 (May 17, 2005)

 

KEY ENERGY SERVICES, INC.

(Exact name of registrant as specified in its charter)

 

Maryland

 

1-8038

 

04-2648081

(State of Incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

6 Desta Drive

Midland, Texas 79705

(Address of Principal Executive Offices)

 

432/620-0300

(Registrant’s telephone number, including area code)

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (See General Instruction A.2 below):

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c)under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Item 2.02. Results of Operations and Financial Condition

 

On May 17, 2005, the Company announced the release of selected financial data for the quarter ended March 31, 2005 and provided rig activity data for the period ended April 30, 2005.  In a separate release the Company announced a restatement update.  The information contained in this Form 8-K (including the exhibit hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

Item 7.01. Regulation FD Disclosure

 

On May 17, 2005, the Company announced a conference call providing an update on the restatement process and an activity review.  The information contained in this Form 8-K (including the exhibit hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(c)  Exhibits

 

99.1         Press Release dated May 17, 2005 regarding the release of selected financial data for the quarter ended March 31, 2005 and activity data for the period ended April 30, 2005.

 

99.2         Press Release dated May 17, 2005 providing a restatement update.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date:   May 17, 2005

KEY ENERGY SERVICES, INC.

 

 

 

 

 

 

 

By:

/s/ Newton W. Wilson, III

 

 

 

Newton W. Wilson, III

 

 

Senior Vice President and
General Counsel

 

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EXHIBIT INDEX

 

Exhibit No.

 

Exhibit

 

 

 

99.1

 

Press Release dated May 17, 2005 regarding the release of selected financial data for the quarter ended March 31, 2005 and activity data for the period ended April 30, 2005.

 

 

 

99.2

 

Press Release dated May 17, 2005 providing a restatement update.

 

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