CALGARY, AB, June 8, 2023 /CNW/ - SECURE ENERGY Services Inc. ("SECURE" or the "Corporation") (TSX: SES), today announced that it has commenced a consent solicitation (the "Solicitation") with respect to proposed amendments (the "Proposed Amendments") to the indenture (the "Indenture") governing its 11.000% Senior Second Lien Secured Notes due 2025 (the "Notes") upon the terms and subject to the conditions set forth in the Consent Solicitation Statement dated June 8, 2023 (the "Statement"). SECURE is soliciting consents from holders of record of the Notes as at 5:00 p.m., New York City time, on June 7, 2023 ("Holders"). Subject to the terms and conditions set forth in the Statement, SECURE will pay eligible holders who validly deliver their consents on or prior to 5:00 p.m., New York City time, on June 16, 2023 (as such date and time may be extended or earlier terminated by SECURE in its sole discretion in accordance with the Statement, the "Expiration Time"), and do not validly revoke such consents on or prior to the earlier of the Effective Time (as defined below) and the Expiration Time, a cash payment equal to US$5.00 per US$1,000 in aggregate principal amount of the Notes consented (the "Consent Payment"). The Consent Payment will only be payable upon and subject to the occurrence of, among other things, the receipt of the Requisite Consents (as defined below).