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Press release from Marketwire

Canadian Energy Services & Technology Corp. Announces Cash Dividend

Thursday, December 16, 2010

Canadian Energy Services & Technology Corp. Announces Cash Dividend16:00 EST Thursday, December 16, 2010CALGARY, ALBERTA--(Marketwire - Dec. 16, 2010) -Canadian Energy Services & Technology Corp. ("CESTC" or the "Corporation")(TSX:CEU) announced today that it will pay a cash dividend of $0.10 per common share on January 14, 2011 to the shareholders of record at the close of business on December 31, 2010. About Canadian Energy Services & Technology Corp.CESTC designs and implements drilling fluid systems for the oil and natural gas industry in western Canada and in the United States through its subsidiary AES Drilling Fluids, LLC. Additional information about CESTC is available at or at CESTC's website at FURTHER INFORMATION PLEASE CONTACT: Tom SimonsCanadian Energy Services & Technology Corp.President and Chief Executive Officer(403) 269-2800ORCraig F. Nieboer, CACanadian Energy Services & Technology Corp.Chief Financial Officer(403) 269-2800info@ceslp.cawww.CanadianEnergyServices.comTHE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.