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File No. 333-44677
Rule 424(b)(3)
PROSPECTUS SUPPLEMENT
TO
PROSPECTUS DATED FEBRUARY 6, 1998
[KEY LOGO]
KEY ENERGY SERVICES, INC.
140,000 SHARES
COMMON STOCK
Nabors Acquisition Corp. IV (the "Selling Shareholder") is hereby
offering for resale one hundred and forty thousand (140,000) shares of Common
Stock (the "Shares") of Key Energy Services, Inc., a Maryland corporation (the
"Company"). One hundred thousand (100,000) Shares are being offered at $9.25 per
share, thirty-three thousand (33,000) Shares are being offered at $9.50 per
share and seven thousand (7,000) Shares are being offered at $9.4375 per share.
The Shares are being offered by, and are being sold through ordinary brokerage
transactions, with customary commissions being paid by the Selling Shareholder
in connection with such resale. The Company will not receive any of the proceeds
from the resale of the Shares offered hereby.
The Common Stock is listed on the New York Stock Exchange (the "NYSE")
under the symbol KEG. On February 4, 2000, the closing price of the Common
Stock, as reported on the NYSE, was $9.4375 per share.
FOR A DISCUSSION OF CERTAIN FACTORS THAT SHOULD BE CONSIDERED BY
PROSPECTIVE INVESTORS, SEE "RISK FACTORS" ON PAGE 4 OF OUR PROSPECTUS DATED
FEBRUARY 6, 1998.
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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 illegal.
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The date of this prospectus supplement is February 7, 2000
