UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): July 8, 2008 (July 8, 2008)

Grey Wolf, Inc.

(Exact name of registrant as specified in its charter)


Texas	1-8226	74-2144774
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

10370 Richmond Ave., Suite 600 Houston, TX		77042
(Address of principal executive offices)		(Zip Code)

(713) 435-6100
(Registrant’s telephone number, including area code)

(Not Applicable)
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

þ		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Items.

On July 8, 2008, Grey Wolf, Inc. issued a press release announcing that Egan-Jones Proxy Services had recommended that their clients holding shares of Grey Wolf common stock vote FOR the proposed merger with Basic Energy Services, Inc., which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits:

99.1 Grey Wolf, Inc. Press Release dated July 8, 2008

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 8, 2008


		GREY WOLF, INC.

		/s/ Donald J. Guedry, Jr.
		Donald J. Guedry, Jr.,
		Vice President and Treasurer

INDEX TO EXHIBITS


Exhibit Number		Description of Exhibit

99.1		Grey Wolf, Inc. Press Release dated July 8, 2008

GREY WOLF INC 8-K