Mr. David Mullen reports

CORDY OBTAINS SECOND DRAW

Cordy Oilfield Services Inc., further to its news release dated June 9, 2014, has satisfied certain conditions set out in the loan and security agreement with Nations Equipment Finance LLC, and borrowed the remaining $2.25-million available under the agreement. The aggregate principal amount borrowed is $12.5-million. A security interest in certain of Cordy's equipment was provided to the lender with respect to the loan. These additional proceeds of the loan will be used for general working capital.

We seek Safe Harbor.