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Press release from CNW Group

Calfrac announces Dividend

Friday, June 15, 2012

Calfrac announces Dividend07:30 EDT Friday, June 15, 2012CALGARY, June 15, 2012 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) is pleased to announce that its Board of Directors has declared a dividend pursuant to its semi-annual dividend policy.  The dividend of $0.50 per common share will be paid on July 16, 2012 to shareholders of record on June 29, 2012.Calfrac's common shares are publicly traded on the Toronto Stock Exchange under the trading symbol "CFW".  Calfrac provides specialized oilfield services to exploration and production companies designed to increase the production of hydrocarbons from wells drilled throughout western Canada, the United States, Russia, Mexico, Colombia and Argentina.For further information: Douglas R. Ramsay Chief Executive Officer Telephone:  (403) 266-6000 Fax:  (403) 266-7381 Laura A. Cillis Senior Vice President, Finance and Chief Financial Officer Telephone: (403) 266-6000 Fax: (403) 266-7381 Tom J. Medvedic Senior Vice President, Corporate Development Telephone:  (403) 266-6000 Fax:  (403) 266-7381