Mr. Garnet Amundson reports

ESSENTIAL ENERGY SERVICES ISSUES INAUGURAL ESG REPORT

Essential Energy Services Ltd. has released its inaugural environmental, social and governance (ESG) Report. While Essential has been reporting its ESG highlights through the company's annual information form since 2019, this formalized report is a significant milestone for Essential as it demonstrates to shareholders and other stakeholders its commitment to meeting evolving ESG reporting expectations.

The ESG report showcases the work of Essential's employees who provide services in an ESG responsible manner to meet the expectations of customers and communities in which the company and its employees live and work. The report provides enhanced transparency regarding the company's ESG efforts and approach to managing ESG factors that have the greatest potential to impact Essential's value and success in the delivery of oil field services in today's competitive marketplace.

"Our approach to ESG has been foundational to our operations for many years as we have led with the core belief that our services should be performed with care and attention to the safety of each other and the environment," said Garnet Amundson, president and chief executive officer.

Building on the company's commitment to ongoing transparency and disclosure, the ESG report has been prepared in alignment with the Sustainability Accounting Standards Board (SASB) Oil & Gas -- Services Sustainability Accounting Standard.

The ESG report can be accessed on Essential's website.

About Essential Energy Services Ltd.

Essential provides oil field services to oil and natural gas producers, primarily in Western Canada. Essential offers completion, production and well site restoration services to a diverse customer base. Services are offered with coiled tubing, fluid and nitrogen pumping, and the sale and rental of downhole tools and equipment. Essential offers one of the largest active coiled tubing fleets in Canada.

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