Calfrac Announces Appointment of Chief Financial Officer

CALGARY, Nov. 6, 2013 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) 
is pleased to announce that Michael J. (Mick) McNulty has been appointed as 
Chief Financial Officer of Calfrac, effective December 4, 2013. Mr. McNulty 
will report to Douglas R. Ramsay, the Chief Executive Officer of Calfrac, 
until Fernando Aguilar succeeds Mr. Ramsay as President and Chief Executive 
Officer, which as previously disclosed is scheduled to take place on January 
1, 2014. As Chief Financial Officer, Mr. McNulty will manage the strategic 
planning process for Calfrac and will have the responsibility for the 
development and execution of the financial strategy that supports Calfrac's 
business plans. 
Mr. McNulty has over 30 years of experience in the oilfield services sector, 
having most recently served for Saxon Energy Services Inc. as the President 
and Chief Executive Officer from January 2009 until April 2013 and as the 
Senior Vice President and Chief Financial Officer from October 2005 until 
December 2008. Prior thereto, Mr. McNulty was employed by Precision Drilling 
Corporation, serving as the Senior Vice President, Finance from June 2001 
until September 2005 and as the Vice President, Business Development and 
Treasurer from January 1997 until June 2001. Prior to his employment with 
Precision Drilling Corporation, Mr. McNulty served in various financial roles 
with increasing responsibilities in the oilfield services sector. 
"We are very pleased to announce the addition of Mick to our team as Chief 
Financial Officer", said Doug Ramsay, Calfrac's Chief Executive Officer. "We 
expect that his experience spanning over 30 years in the oilfield services 
sector and extensive international exposure will serve Calfrac well as it 
continues to execute on its growth strategy, both domestically and abroad. I 
would also like to thank Tom Medvedic for serving as Interim Chief Financial 
Officer over the past four months, which allowed us the opportunity to add a 
candidate of Mick's caliber to our management team." 
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, Argentina and Colombia.

SOURCE  Calfrac Well Services Ltd. 
Douglas R. Ramsay Chief Executive Officer Telephone:(403) 266-6000 
Tom J. Medvedic Senior Vice President, Corporate Development and Interim Chief 
Financial Officer Telephone: (403) 266-6000 Fax: (403) 266-7381 
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CO: Calfrac Well Services Ltd.
ST: Alberta
NI: OIL 2575 WNEWS  
-0- Nov/06/2013 11:01 GMT
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