Allis-Chalmers Energy Announces Third Quarter 2009 Earnings Release and Conference Call Schedule

Allis-Chalmers Energy Inc. (NYSE: ALY) today announced that it will release its third quarter results before the market opens on Tuesday, November 3, 2009. In conjunction with the release, Allis-Chalmers has scheduled a conference call that will be broadcast live over the Internet on Tuesday, November 3, 2009 at 10:00 a.m. Eastern (9:00 a.m. Central).

What: Allis-Chalmers Energy Third Quarter 2009 Earnings Conference Call
When: Tuesday, November 3, 2009 at 10:00 a.m. Eastern (9:00 a.m. Central)
How to:

Live via Internet – http://www.alchenergy.com – Allis-Chalmers Energy Third Quarter 2009 Earnings Conference Call.

Live via phone – By dialing (888) 771-4350 and asking for the Allis-Chalmers’ conference call about 10 minutes prior to the start time. The confirmation number is 25702911. For international calls – dial (847) 585-4343 and use confirmation number 25702911.

Participants may pre-register for the call at the following link and will be issued a new phone number and a PIN number to use when dialing into the live call which will provide quick access to the conference by bypassing the operator upon connection.

http://web.meetme.net/r.aspx?p=1&a=70542570291157

A telephonic replay will be available through November 10, 2009 and may be accessed by calling (888) 843-8996 (international calls (630) 652-3044) and using the passcode 6022024. Also, a webcast archive will be available at http://www.alchenergy.com one hour after the call is complete. For more information, please contact Darla Blaha at Allis-Chalmers Energy Inc. at 713-369-0550 or email dblaha@alchenergy.com.

About Allis-Chalmers

Allis-Chalmers Energy Inc. is a Houston-based multi-faceted oilfield services company. Allis-Chalmers provides services and equipment to oil and natural gas exploration and production companies, domestically primarily in Texas, Louisiana, New Mexico, Oklahoma, Arkansas, offshore in the Gulf of Mexico, and internationally, primarily in Argentina, Brazil and Mexico. Allis-Chalmers provides directional drilling services, casing and tubing services, underbalanced drilling, production and workover services with coiled tubing units, rental of drill pipe and blow-out prevention equipment, and international drilling and workover services. For more information, visit our website at http://www.alchenergy.com or request future press releases via email at http://www.b2i.us/irpass.asp?BzID=1233&to=ea&s=0.

Contacts:

Allis-Chalmers Energy Inc.
Victor M. Perez, 713-369-0550

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