Secure Energy Services Inc. Announces Closing of the Acquisition of Target Rentals Ltd.

Secure Energy Services Inc. Announces Closing of the Acquisition of Target 
Rentals Ltd. 
CALGARY, ALBERTA -- (Marketwired) -- 07/02/13 -- Secure Energy
Services Inc. ("Secure" or the "Corporation") (TSX:SES) and its
wholly owned subsidiary Marquis Alliance Energy Group Inc. ("Marquis
Alliance"), announced today that they have completed the previously
announced acquisition of all of the issued and outstanding shares of
Target Rentals Ltd. ("Target") for an aggregate purchase price of
$39.8 million. The purchase price, after closing adjustments, was
paid with $21.0 million in cash and the issuance of 1,367,047 common
shares of Secure valued at $13.70 per share. 
About Secure Energy Services Inc. 
Secure is a TSX publicly traded energy services company that focuses
on providing specialized services to upstream oil and natural gas
companies. 
The Corporation operates three divisions: 
Processing, Recovery and Disposal Division: Operating under the trade
name Secure Energy Services, the processing, recovery and disposal
services division focuses on clean oil terminalling, custom treating
of crude oil, crude oil marketing, produced and waste water disposal,
oilfield waste processing, landfill disposal and oil purchase/resale
service. 
Drilling Services Division: Operating under the name Marquis Alliance
Energy Group Inc., and its wholly owned subsidiaries and operating
under the trade name XL Fluids Systems Inc. ("XL Fluids") and under
the trade name Imperial Drilling Fluids Engineering Inc. ("IDF"), the
drilling services division focuses on drilling fluid systems, solids
control, equipment rental service, drilling waste management and
environmental services. The drilling fluids service line includes the
design and implementation of drilling fluid systems for producers
drilling for oil, bitumen and natural gas. 
On Site Division: Operating under the name Frontline Integrated
Services Ltd., the on site division offers fully integrated services
supporting the energy, resource, pipeline and civil construction
industries in Western Canada. The division offers a full spectrum of
services that include the full life cycle of pipeline and facility
operations, waste management, asset management and recovery as well
as civil, remediation and reclamation earthworks.
Contacts:
Secure Energy Services Inc.
Rene Amirault
Chairman, President and Chief Executive Officer
(403) 984-6100
(403) 984-6101 (FAX) 
Secure Energy Services Inc.
Allen Gransch
Chief Financial Officer
(403) 984-6100
(403) 984-6101 (FAX)
www.secure-energy.ca
 
 
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