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File No. 333-44677
Rule 424(b)(3)
Key Energy Group, Inc.
Supplement to Prospectus dated February 6, 1998
Canadian Imperial Holdings, Inc. as Selling Securityholder is hereby offering
for resale $2,000,000 aggregate principal amount of 5% Convertible Subordinated
Notes due 2004 (the "Notes") of Key Energy Group, Inc., a Maryland Corporation
(the "Company"). The Notes are being offered by and are being sold through
McMahan Securities Co., L.P., at a price of $1,610,000; no commissions or
discounts will be paid in connection with such resales. The Company will not
receive any of the proceeds from the resale of the Notes offered hereby.
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The date of this Prospectus Supplement is April 20, 1998.
