INVESTOR ALERT: Investigation of Key Energy Services, Inc. Announced by Glancy Binkow & Goldberg LLP

Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of investors of Key Energy Services, Inc. (“Key Energy” or the “Company”) (NYSE:KEG) concerning possible violations of federal securities laws. The investigation focuses on certain statements issued by the Company concerning Key Energy’s business and financial performance.

Please contact us at (310) 201-9150, or at shareholders@glancylaw.com to discuss this matter. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

Key Energy operates as an onshore well servicing contractor offering rig-based services including completion of new wells, workover and recompletion of existing wells, well maintenance, plugging, and specialty drilling services to oil and natural gas producers in the United States and internationally. The investigation is related to the Company’s July 17, 2014, announcement that Key Energy expects to report a second quarter 2014 loss in the range of $0.35 to $0.38 per share, and will record a $30-$35 million pre-tax charge for goodwill and other asset impairments related to the Company’s operations in Russia. The Company also reported that pre-tax expenses of approximately $5 million were incurred in connection with previously disclosed Foreign Corrupt Practices Act investigations. Following this news, Key Energy shares dropped more than 16 percent below the previous day’s closing price, or $1.34 per share.

In a May 6, 2014, regulatory filing, the Company disclosed that the Securities and Exchange Commission “has advised us that it is investigating possible violations of the U.S. Foreign Corrupt Practices Act involving business activities of Key’s operations in Russia.”

If you purchased Key Energy securities, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at (646) 539-8980, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

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