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Press release from Marketwire

Strad Energy Services Announces Quarterly Dividend

Monday, March 11, 2013

Strad Energy Services Announces Quarterly Dividend17:05 EDT Monday, March 11, 2013CALGARY, ALBERTA--(Marketwire - March 11, 2013) -NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.Strad Energy Services Ltd., (TSX:SDY) ("Strad" or the "Company"), 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 March 31, 2013. The dividend is payable to shareholders of record at the close of business on March 28, 2013, to be paid on April 12, 2013. The ex dividend date is March 26, 2013.ABOUT STRAD ENERGY SERVICES LTD.Strad is a North American energy services company that focuses on providing well-site infrastructure activation solutions to the oil and natural gas industry. Strad focuses on providing complete customer solutions in well-site-related oilfield equipment for producers active in unconventional resource plays. Strad is headquartered in Calgary, Alberta, Canada. Strad is listed on the Toronto Stock Exchange under the trading symbol "SDY".FOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: Strad Energy Services Ltd.Andy PernalPresident and Chief Executive Officer(403) 775-9202(403) 232-6901 (FAX)apernal@stradenergy.comStrad Energy Services Ltd.Greg DuerrChief Financial Officer(403) 705-4333(403) 232-6901 (FAX)gduerr@stradenergy.comwww.stradenergy.com