Strad Energy Services Announces Quarterly Dividend

CALGARY, ALBERTA--(Marketwired - Aug. 14, 2014) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Strad Energy Services Ltd., (TSX:SDY) ("Strad" or the "Company"), a North American-focused, energy services company, today announced that its Board of Directors has declared a quarterly dividend of $0.07 per common share for the quarter ending September 30, 2014. The dividend is payable to shareholders of record at the close of business on September 30, 2014, to be paid on October 10, 2014. The ex dividend date is September 26, 2014.

ABOUT STRAD ENERGY SERVICES LTD.

Strad is a North American energy services company that focuses on providing well-site infrastructure solutions to the oil and natural gas industry. Strad focuses on providing complete customer solutions in well-site-related oilfield equipment for producers active in unconventional resource plays.

Strad is headquartered in Calgary, Alberta, Canada. Strad is listed on the Toronto Stock Exchange under the trading symbol "SDY".