File No. 333-44677
Rule 424(b)(3)
Key Energy Services, Inc.
Supplement to Prospectus dated February 6, 1998
Lehman Brothers Inc. ("Lehman") as Selling Securityholder is hereby offering for
resale $3,200,000 aggregate principal amount of 5% Convertible Subordinated
Notes due 2004 (the "Notes") of Key Energy Services, Inc., a Maryland
Corporation (the "Company"). The Notes are being offered by, and are being sold
through, Lehman at a price of $1,520,000; 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.
Lehman has acted as the lead or co-lead manager of several securities offerings
of the Company during the last three years.
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The date of this Prospectus Supplement is February 22, 1999.
