Item 7.01. Regulation FD Disclosure.

Key Energy Services, Inc. (the "Company") is voluntarily furnishing this report to clarify that the Company has no class of securities registered under Section 12 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Termination of registration of the Company's common stock under Section 12(b) of the Exchange Act was effective in March 2020 and the Company is not required to register its common stock under Section 12(g) of the Exchange Act. The Company remains subject to periodic and current reporting obligations pursuant to Section 15(d) of the Exchange Act for the remainder of the fiscal year ending December 31, 2020.

The information contained in this Current Report on Form 8-K pursuant to Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

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