Investor Relations :: Press Release

Pursuant to Amended PNC Credit Facility, Reclassification of Current Debt to Long Term Debt Provides for Removal of Going Concern Opinion

HOUSTON, June 10 /PRNewswire-FirstCall/ -- Best Energy Services, Inc. (OTC Bulletin Board: BEYS), a U.S. energy production equipment and services provider, today announced that it has filed an amendment to its fiscal 2008 year end results, originally reported on Form 10-K on April 15, 2009.

The 10-K/A, filed with the SEC today, provides for the reclassification of current debt as long term debt, pursuant to an amended agreement entered into by the Company with its senior lender, PNC, on April 15, 2009. As a result, the 10-K/A will also reflect the removal of the going concern opinion by Best's independent auditors.

About Best Energy Services, Inc.

Based in Houston, Texas, Best Energy Services, Inc. is a leading well service, drilling and ancillary services provider to the domestic oil, gas, water and mining industries. Through its subsidiaries, Best Well Service, Inc. and Bob Beeman Drilling Co., and its Housing Accommodations and Geological Services operations, the Company is actively engaged in supporting the exploration, production and recovery of oil, gas, water and mineral resources in Arizona, Colorado, Kansas, New Mexico, Nevada, Oklahoma, Texas, Utah and Wyoming. For more information, please visit www.BEYSinc.com.

Certain statements contained in this press release, which are not based on historical facts, are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to substantial uncertainties and risks in part detailed in the respective Company's Securities and Exchange Commission filings, that may cause actual results to materially differ from projections. Although the Company believes that its expectations are reasonable assumptions within the bounds of its knowledge of its businesses, expectations, representations and operations, there can be no assurance that actual results will not differ materially from their expectations. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include the Company's ability to execute properly its business model, to raise additional capital to implement its continuing business model, the ability to attract and retain personnel - including highly qualified executives, management and operational personnel, ability to negotiate favorable current debt and future capital raises, and the inherent risk associated with a diversified business to achieve and maintain positive cash flow and net profitability. In light of these risks and uncertainties, there can be no assurance that the forward-looking information contained in this press release will, in fact, occur.

    FOR MORE INFORMATION, PLEASE CONTACT
    Elite Financial Communications Group/Elite Media Group
    Dodi B. Handy, President and CEO
    407-585-1080 or via email at BEYS@efcg.net

SOURCE  Best Energy Services, Inc.

    -0-                           06/10/2009
    /CONTACT:  Dodi B. Handy, President and CEO of Elite Financial
Communications Group/Elite Media Group, +1-407-585-1080, BEYS@efcg.net, for
Best Energy Services, Inc./
    /Web Site:  http://www.beysinc.com /
    (BEYS BEYS.OB)

CO:  Best Energy Services, Inc.

ST:  Texas
IN:  OIL UTI
SU:

PR
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7358 06/10/2009 08:30 EDT http://www.prnewswire.com