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Press release from Marketwire

Canadian Energy Services & Technology Corp. Announces Cash Dividend

Thursday, October 17, 2013

Canadian Energy Services & Technology Corp. Announces Cash Dividend

16:43 EDT Thursday, October 17, 2013

CALGARY, ALBERTA--(Marketwired - Oct. 17, 2013) - Canadian Energy Services & Technology Corp. ("CESTC" or the "Corporation")(TSX:CEU) (OTCQX:CESDF) announced today that it will pay a cash dividend of $0.06 per common share on November 15, 2013, to the shareholders of record at the close of business on October 31, 2013.

About Canadian Energy Services & Technology Corp.

CESTC is a leading provider of technically advanced consumable chemical solutions throughout the life-cycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CESTC's business model requires limited re-investment capital to grow. As a result, CESTC has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow. CESTC 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.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Canadian Energy Services & Technology Corp.
Tom Simons
President and Chief Executive Officer
(403) 269-2800


Canadian Energy Services & Technology Corp.
Craig F. Nieboer, CA
Chief Financial Officer
(403) 269-2800
info@ceslp.ca
www.CanadianEnergyServices.com

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