Strad Energy Services Announces Quarterly Dividend

CALGARY, ALBERTA--(Marketwire - Sept. 10, 2012) -

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Strad Energy Services Ltd., (SDY.TO) ("Strad" or the "Company"), a North American-focused, energy services company, today announced that its Board of Directors has declared a dividend for the third quarter of 2012 at $0.055 per share. The dividend is payable to shareholders of record at the close of business on September 28, 2012, to be paid on October 12, 2012. The ex dividend date is September 26, 2012.

ABOUT STRAD ENERGY SERVICES LTD.

Strad is a North American energy services company that focuses on providing well-site infrastructure and 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".