Strad Announces Quarterly Dividend

May 21, 2013

<p style="text-align: left;">CALGARY, ALBERTA &ndash; (Marketwire &ndash; May 17, 2013)</p> <p style="text-align: left;">NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.</p> <p>Strad Energy Services Ltd., (&ldquo;Strad&rdquo; or the &ldquo;Company&rdquo;), a North American-focused, energy services company, today announced that its Board of Directors has declared a quarterly dividend of $0.055 per common share for the quarter ending June 30, 2013. The dividend is payable to shareholders of record at the close of business on June 28, 2013, to be paid on July 12, 2013. The ex dividend date is June 26, 2013.</p> <p>&nbsp;</p> <p><strong>ABOUT STRAD ENERGY SERVICES LTD.</strong></p> <p>Strad is a North American energy services company that focuses on providing well-site infrastructure activation solutions to the oil and natural gas industry.&nbsp;Strad focuses on providing complete customer solutions in well-site-related oilfield equipment for producers active in unconventional resource plays. </p> <p>Strad is headquartered in Calgary, Alberta, Canada. Strad is listed on the Toronto Stock Exchange under the trading symbol &ldquo;SDY&rdquo;.</p> <p><strong>For more information, please contact:</strong> </p> <p style="text-align: left;">Strad Energy Services Ltd.<br />
Andy Pernal<br />
President and Chief Executive Officer<br />
(403) 775-9202<br />
Fax: (403) 232-6901<br />
Email: <a href=""></a>&nbsp;</p> <p style="text-align: left;">Strad Energy Services Ltd.<br />
Greg Duerr<br />
Chief Financial Officer<br />
(403) 705-4333<br />
Fax: (403) 232-6901<br />
Email: <a href=""></a> </p> <p><a href=""></a></p>