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Basic Energy Services Continued Listing Plan Accepted By The NYSE

FORT WORTH, Texas, Nov. 21, 2016 /PRNewswire/ -- Basic Energy Services, Inc. (BAS) ("Basic" or the "Company") announced today that the New York Stock Exchange ("NYSE") has accepted the Company's plan for continued listing on the NYSE. As a result, Basic's common stock will continue to be listed on the NYSE, subject to quarterly reviews by the NYSE to monitor the Company's progress against the plan to restore compliance with continued listing standards.

The NYSE had notified Basic on August 19, 2016 of non-compliance (the "NYSE Notice") with the market capitalization and share price continued listing standards under Sections 802.01B and...