Xtreme Presents at Pritchard Energize 2012 Conference

CALGARY, ALBERTA--(Marketwire - Jan. 4, 2012) - Xtreme Drilling and Coil Services (TSX:XDC) ("Xtreme" or the "Company") announces Thomas D. Wood, chairman and chief executive officer, and Matthew S. Porter, chief financial officer will present at the Pritchard Capital Energize 2012 Conference in San Francisco, California. Xtreme's corporate presentation is scheduled to begin at 1:40 p.m. Pacific Time on Thursday, January 5.

A link to the webcast presentation, including audio and the presentation screens, will be available through http://wsw.com/webcast/pritch4/xdc/.

About Xtreme

Xtreme Coil Drilling Corp. ("XDC" on the Toronto Stock Exchange) and its subsidiaries operate under the brand name Xtreme Drilling and Coil Services. Xtreme owns and operates a fleet of proprietary, dual-purpose deep capacity drilling rigs and coiled tubing well servicing units featuring the Company's patented COTD® designs. Xtreme offers oil and natural gas operators outstanding performance and efficiency through leading-edge technology. Currently, we are drilling under contracts in Colorado, North Dakota, Texas, Utah and Wyoming and three rigs are in transit to Canada to prepare for commencing winter operations. Two deep coil service rigs are conducting re-entry horizontal drilling operations under a joint venture in Saudi Arabia and one is based in North Dakota to provide ultra-deep horizontal well post fracture cleanouts. For more information about the Company, please visit www.xtremecoil.com.

Reader Advisory

The announced corporate update contains forward-looking statements within the meaning of applicable securities laws ("FLS"). More particularly, the corporate update contains statements that may relate to contracting, marketing, construction, modifications or upgrades, deployment, operation and utilization of assets in the Company's current and future fleet. Although Xtreme believes expectations reflected in these FLS are reasonable, readers should not place undue reliance on them because Xtreme can give no assurance they will prove to be correct. There are many factors that could cause FLS not to be correct, including risks and uncertainties inherent in Xtreme's business.

Readers may review an FLS discussion in more detail in the management's discussion and analysis and financial statements for the twelve months ended December 31, 2010 and the nine months ended September 30, 2011 filed on www.sedar.com and on Xtreme's website. Readers are cautioned financial outlook information contained in the corporate update is not appropriate for purposes other than for the date on which it is disclosed and should not rely on this information as of any other date. Except as required pursuant to applicable securities laws, Xtreme disclaims any intention, and assumes no obligation, to update publicly or revise FLS to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such FLS or otherwise.