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PROSPECTUS SUPPLEMENT
(TO PROSPECTUS DATED MARCH 31, 1999)
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200,000 SHARES
COMMON STOCK
KEY ENERGY SERVICES, INC.
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NEITHER THE SEC NOR ANY STATE SECURITIES COMMISSION HAS APPROVED THESE
SECURITIES OR DETERMINED THAT THIS PROSPECTUS SUPPLEMENT IS ACCURATE OR
COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
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The Shares are being issued and delivered to PNC Investment Corp. ("PNC
Investment"), in satisfaction of a $1 million obligation to PNC Bank,
National Association, an affiliate of PNC Investment. The sale price is $5.00
per share.
The Shares are not being issued through underwriters, agents or dealers.
No fees or commissions are being paid in connection with the issuance of the
Shares.
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The date of this Prospectus Supplement is April 15, 1999.
