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Frontier Oilfield Services, Inc. Completes Transaction



            Frontier Oilfield Services, Inc. Completes Transaction

PR Newswire

DALLAS, July 26, 2012

DALLAS, July 26, 2012 /PRNewswire/ -- Tim P Burroughs, President and CEO of
Frontier Oilfield Services, Inc. (OTCQB: FOSI) announced today that the
Company has completed the acquisition of Chico Coffman Tank Trucks, Inc.
("Coffman"), including its wholly owned subsidiary, Coffman Disposal, LLC,
which had audited gross revenue in 2011 of $40,500,000 and net income before
interest, taxes, depreciation and amortization of $3,263,000.

Capital One Bank and ICON Investments provided credit facilities to the
Company in the aggregate amount of $20,000.00 to support the acquisition. 

Coffman is a commercial salt water disposal company with its primary area of
operations located within the Northern Barnett Shale oil and gas field located
in North Central Texas.

Coffman's assets are currently valued at $24 million and consist of accounts
receivables, rolling stock (85 trucks and trailers) six permitted commercial
salt water disposal wells and its headquarters real property located in Chico,
Texas.

Coffman primarily services wells owned and operated by Devon Energy (DVN), XTO
Energy (XTO), Pioneer Natural Resources (PXD) and EnCana Corporation (ECA).

Burroughs stated, "The acquisition of Coffman allows Frontier to expand its
operations across North Central and East Texas and was a next step to our
business strategy of geographic expansion over the US mid-continent region."

ABOUT FRONTIER OILFIELD SERVICES, INC. 

Frontier Oilfield Services, Inc.'s primary business focus on wastewater
recovery and disposal has been selected due to the recurring nature of the
revenues, the relatively high margins and the strong barriers to entry by
potential competitors because of the limited supply of state permitted
commercial disposal wells.  In addition, as a result of breakthroughs in
recent technology (the process by which shale oil and gas is extracted),
exploration & production companies are faced with increasing volumes of, and
thus challenges with regard to the disposal of, produced fluids and
saltwater.  Frontier's acquisition strategy in this highly fragmented,
decentralized and essential sector of the energy services market positions
Frontier for potentially rapid expansion and substantial growth in the future.

FORWARD LOOKING STATEMENTS

Statements contained in this release that are not historical facts are
forward-looking statements that involve risks and uncertainties.  Among the
important factors which could cause actual results to differ materially from
those in the forward-looking statements include, but are not limited to, those
discussed in "Risk Factors" in the Company's Forms 10-K, Forms 10-Q, and other
filings with the Securities and Exchange Commission.  Such risk factors
include, but are not limited to, a limited operating history with no earnings;
reliance on the Company's management team; the ability to successfully
implement the Company's business plan; the ability to continue as a going
concern; the ability to fund the Company's business and acquisition strategy;
difficulty in managing operations of acquired businesses; and limited trading
in the public market for the Company's common stock.  The actual results that
the Company achieves may differ materially from any forward-looking statements
due to such risks and uncertainties.  We undertake no obligation to revise or
update publicly any forward-looking statements for any reason.

(For more information contact Dick O'Donnell , EVP at Frontier Oilfield
Services, Inc. (972) 243-2610)    

SOURCE Frontier Oilfield Services, Inc.
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