Item 7.01
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Regulation FD Disclosure.
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Key Energy Services, Inc. (Key) will deliver a
presentation to investors at the 2016 Scotia Howard Weil Annual Energy Conference on March 23, 2016 in New Orleans, Louisiana. A copy of the slides to be used in connection with the presentation is attached as Exhibit 99.1, and is incorporated
herein by reference. The information contained in this Item 7.01 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.
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This Current Report on
Form 8-K and the attached presentation materials contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements as to matters that are not of historic fact are
forward-looking
statements. These forward-looking statements are based on Keys current expectations, estimates and projections about Key, its industry, its managements beliefs and certain assumptions
made by management, and include statements regarding operational and activity results and expectations, and anticipated financial performance. No assurance can be given that such expectations, estimates or projections will prove to have been
correct. Whenever possible, these forward-looking statements are identified by words such as expects, believes, anticipates and similar phrases.
Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks,
uncertainties and assumptions that are difficult to predict, including, but not limited to: risks that Key will be unable to achieve its financial, capital expenditure and operational projections, including quarterly and annual projections of
revenue and/or operating income and risks that Keys expectations regarding future activity levels, customer demand, and pricing stability may not materialize (whether for Key as a whole or for geographic regions and/or business segments
individually); risks that fundamentals in the U.S. oil and gas markets may not yield anticipated future growth in Keys businesses, or could further deteriorate or worsen from the recent market declines, and/or that Key could experience further
unexpected declines in activity and demand for its rig service, fluid management service, coiled tubing service, and fishing and rental service businesses; risks relating to Keys ability to implement technological developments and
enhancements; risks relating to compliance with environmental, health and safety laws and regulations, as well as actions by governmental and regulatory authorities; risks relating to compliance with the FCPA and anti-corruption laws, including
risks related to increased costs in connection with FCPA investigations; risks regarding the timing or conclusion of the FCPA investigations, including the risk of fines or penalties imposed by government agencies for violations of the FCPA; risks
affecting Keys international operations, including risks affecting Keys ability to execute its plans to withdraw from its international markets outside North America; risks that Key may be unable to achieve the benefits expected from
acquisition and disposition transactions, and risks associated with integration of the acquired operations into Keys operations; risks, in responding to changing or declining market conditions, that Key may not be able to reduce, and could
even experience increases in, the costs of labor, fuel, equipment and supplies employed and used in Keys businesses; risks relating to changes in the demand for or the price of oil and natural gas; risks that Key may not be able to execute its
capital expenditure program and/or that any such capital expenditure investments, if made, will not generate adequate returns; risks relating to Keys ability to satisfy listing requirements for its equity securities; risks that Key may not
have sufficient liquidity and may not be successful in achieving steps to enhance its liquidity profile; risks relating to Keys ability to comply with covenants under its current credit facilities rendering the liquidity provided by those
facilities unavailable and resulting in an event of default; and other risks affecting Keys ability to maintain or improve operations, including its ability to maintain prices for services under market pricing pressures, weather risks, and the
impact of potential increases in general and administrative expenses.
Because such statements involve risks and uncertainties, many of which are outside of Keys
control, Keys actual results and performance may differ materially from the results expressed or implied by such forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such
forward-looking statements. Other important risk factors that may affect Keys business, results of operations and financial position are discussed in its most recently filed Annual Report on Form 10-K, recent Quarterly Reports on Form
10-Q, recent Current Reports on Form 8-K and in other Securities and Exchange Commission filings. Unless otherwise required by law, Key also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the
result of any revisions to the forward-looking statements made here. However, readers should review carefully reports and documents that Key files periodically with the Securities and Exchange Commission.