GASFRAC Announces Executive Appointments

Marketwired

CALGARY, ALBERTA--(Marketwired - Oct 1, 2013) - GASFRAC Energy Services Inc. ("GASFRAC") (GFS.TO) announced the appointment of Lori Mcleod-Hill as Chief Financial Officer and Colin Peters as Vice President Operations.

Lori is a Chartered Accountant with more than 20 years of senior financial management experience, including as a CFO for a publicly listed oilfield safety services company. Her expertise includes financial reporting, planning & budgeting, internal controls and financing.

Colin has over 25 years of experience in the oilfield services industry. He has held senior operational management positions in North America and internationally for Nowsco Well Services and BJ Services Company. Colin joined GASFRAC in 2008 and has been responsible for the manufacture and deployment of our equipment builds. In this capacity he has worked closely with our operational teams and been instrumental in the development of our operational procedures.

"We are very pleased with Colin's transition to VP Operations, a role in which he is positioned to bolster our operational depth and assist with the seamless field delivery of our conventional LPG, Hybrid LPG and engineered fluids systems. Colin, Tim O'Rourke, Chief Operating Officer, and their team provide strong operational leadership for the Company," commented James Hill, GASFRAC's Chief Executive Officer. "We are equally pleased to announce the addition of Lori to our team as Chief Financial Officer, and are confident in the strong financial expertise, discipline and leadership she brings with her to our company," added Mr. Hill.

Mr. Hill also noted that Company representatives are attending the SPE Annual Technical conference in New Orleans this week and will be participating at the UpTech Upstream Oil & Gas Summit in Lake Louise October 6-8.

GASFRAC Energy Services, Inc. is an oil and gas service company headquartered in Calgary, Alberta and the sole provider of waterless gelled LPG fracturing technology in North America.

Requests for shareholder information should be directed to James M Hill.

Contact:
GASFRAC Energy Services Inc.
James M Hill
Chief Executive Officer
403-515-3387
jhill@gasfrac.com

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