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Press release from Marketwire

Canadian Energy Services & Technology Corp. Announces Cash Dividend

Thursday, December 13, 2012

Canadian Energy Services & Technology Corp. Announces Cash Dividend17:14 EST Thursday, December 13, 2012CALGARY, ALBERTA--(Marketwire - Dec. 13, 2012) -Canadian Energy Services & Technology Corp. ("CESTC" or the "Corporation")(TSX:CEU) (OTCQX:CESDF) announced today that it will pay a cash dividend of $0.055 per common share on January 15, 2013, to the shareholders of record at the close of business on December 31, 2012. About Canadian Energy Services & Technology Corp. CES' business is focused on the design and delivery of technically advanced fluids for the North American oil and gas industry. CES' business model requires limited re-investment capital to grow. As a result, CES has been able to capitalize on the growing market demand for drilling and production fluids in North America while generating free cash flow. CES returns much of this free cash flow back to shareholders through its monthly dividend. Additional information about CES is available at www.sedar.com or at CES' website at www.CanadianEnergyServices.com.FOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: Canadian Energy Services & Technology Corp.Tom SimonsPresident and Chief Executive Officer(403) 269-2800Canadian Energy Services & Technology Corp.Craig F. Nieboer, CAChief Financial Officer(403) 269-2800info@ceslp.cawww.CanadianEnergyServices.com