SECURE Energy Services Inc. Announces Closing of the Acquisition of Predator Midstream Ltd.

SECURE Energy Services Inc. Announces Closing of the Acquisition of Predator 
Midstream Ltd. 
NEWS RELEASE TRANSMITTED BY Marketwired 
FOR: SECURE Energy Services Inc. 
TSX SYMBOL:  SES 
AUGUST 15, 2014 
SECURE Energy Services Inc. Announces Closing of the Acquisition of Predator
Midstream Ltd. 
CALGARY, ALBERTA--(Marketwired - Aug. 15, 2014) - SECURE Energy Services Inc.
("Secure" or the "Corporation") (TSX:SES) is pleased to
announce that it has completed the previously announced acquisition of all of
the assets of Predator Midstream Ltd. ("Predator") for an aggregate
purchase price of approximately $107 million. The purchase price, after closing
adjustments, was paid with $65 million in cash and the issuance of 1,824,580
common shares of Secure valued at $23.02 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 ("PRD"): The PRD division
owns and operates midstream infrastructure that provides processing, storing,
shipping and marketing of crude oil, oilfield waste disposal and recycling.
Specifically these services are clean oil terminalling and rail transloading,
custom treating of crude oil, crude oil marketing, produced and waste water
disposal, oilfield waste processing, landfill disposal, and oil purchase/resale
service. Secure currently operates a network of facilities throughout western
Canada and in North Dakota, providing these services at its full service
terminals, landfills and stand-alone water disposal facilities. 
Drilling Services Division ("DS"): The DS division provides equipment
and chemicals for building, maintaining, processing and recycling of drilling
and completion fluids. The drilling fluids service line comprises the majority
of the revenue for the division which includes the design and implementation of
drilling fluid systems for producers drilling for oil, bitumen and natural gas.
The DS division focuses on providing products and systems that are designed for
more complex wells, such as medium to deep wells, horizontal wells and
horizontal wells drilled into the oil sands. 
OnSite Division ("OS"): The operations of the OS division include
environmental services which provide pre-drilling assessment planning, drilling
waste management, remediation and reclamation assessment services, laboratory
services, and "CleanSite" waste container services; integrated fluid
solutions which include water management, recycling, pumping and storage
solutions; and projects which include pipeline integrity (inspection,
excavation, repair, replacement and rehabilitation); demolition and
decommissioning and reclamation and remediation of former wellsites,
facilities, commercial and industrial properties. 
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FOR FURTHER INFORMATION PLEASE CONTACT: 
SECURE Energy Services Inc.
Rene Amirault
Chairman, President and CEO
(403) 984-6100
(403) 984-6101
or
SECURE Energy Services Inc.
Allen Gransch
Executive Vice President and CFO
(403) 984-6100
(403) 984-6101
www.SECURE-energy.ca 
INDUSTRY:  Energy and Utilities - Oil and Gas  
SUBJECT:  TMN 
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-0- Aug/15/2014 20:13 GMT
 
 
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