Calfrac Announces Renewal of Normal Course Issuer Bid

CALGARY, Nov. 7, 2012 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or the 
"Corporation") (TSX: CFW) is pleased to announce that the Toronto Stock 
Exchange (the "TSX") accepted the Corporation's notice of intention to renew 
its normal course issuer bid for its common shares. From time to time, 
common shares may become available for purchase at prices that make them an 
attractive investment and an advantageous use of the Corporation's funds. 
The Corporation expects that the purchase of common shares will benefit the 
remaining shareholders of the Corporation by increasing their equity interest 
in the Corporation's assets. 
On October 31, 2012, there were 44,728,459 common shares outstanding and the 
public float was 33,187,381 common shares. Under the normal course issuer 
bid, the Corporation may acquire up to 3,318,738 common shares, which is 10% 
of the public float. All purchases of common shares will be made through the 
facilities of the TSX, alternative trading systems or such other exchanges or 
marketplaces through which the common shares may trade from time to time at 
the market price of the shares at the time of acquisition. Any shares 
acquired will be cancelled. During the past 12 months, 196,800 shares have 
been repurchased by Calfrac. 
The normal course issuer bid will commence on November 12, 2012, and will 
terminate on November 11, 2013 or such earlier date on which Calfrac completes 
its purchases of common shares under the normal course issuer bid or 
terminates the normal course issuer bid at its option. 
Calfrac's common shares are publicly traded on the Toronto Stock Exchange 
under the trading symbol "CFW". Calfrac provides specialized oilfield 
services to exploration and production companies designed to increase the 
production of hydrocarbons from wells drilled throughout western Canada, the 
United States, Russia, Mexico, Colombia and Argentina. 
Douglas R. Ramsay Chief Executive Officer Telephone: (403) 266-6000 Fax: (403) 
266-7381 
Laura A. Cillis Senior Vice President, Finance and Chief Financial Officer 
Telephone: (403) 266-6000 Fax: (403) 266-7381 
Tom J. Medvedic Senior Vice President, Corporate Development Telephone: (403) 
266-6000 Fax: (403) 266-7381 
SOURCE: Calfrac Well Services Ltd. 
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CO: Calfrac Well Services Ltd.
ST: Alberta
NI: OIL  
-0- Nov/07/2012 11:01 GMT