Mr. Rene Amirault reports

SECURE ANNOUNCES $300 MILLION SENIOR UNSECURED NOTE FINANCING

Secure Energy Services Inc. has entered into an underwriting agreement to sell, pursuant to a private placement, $300-million aggregate principal amount of 6.75 per cent senior unsecured notes due March 22, 2029.

The offering is being underwritten by BMO Capital Markets and National Bank Financial Markets as joint bookrunners, ATB Securities Inc. as co-lead manager, and CIBC World Markets Inc., TD Securities Inc., HSBC Securities (Canada) Inc., Scotia Capital Inc. and RBC Dominion Securities Inc. as co-managers.

Secure intends to use the net proceeds of the offering, together with cash on hand, to finance the previously announced redemption of $340-million in aggregate principal amount of 7.25 per cent senior unsecured notes of Secure due 2026, all of the outstanding 2026 notes, at a redemption price of 103.625 per cent, plus accrued and unpaid interest to, but not including, the redemption date of March 22, 2024.

About Secure Energy Services Inc.

Secure is a leading waste management and energy infrastructure business headquartered in Calgary, Alta. The corporation's extensive infrastructure network located throughout Western Canada and North Dakota includes waste processing and transfer facilities, industrial landfills, metal recycling facilities, crude oil and water gathering pipelines, and crude oil terminals and storage facilities. Through this infrastructure network, the corporation carries out its principal business operations, including the processing, recovery, recycling and disposal of waste streams generated by the company's energy and industrial customers, and gathering, optimization, terminalling and storage of crude oil and natural gas liquids. The solutions the corporation provides are designed not only to help reduce costs but also lower emissions, increase safety, manage water, recycle byproducts and protect the environment.

Secure's common shares trade under the symbol SES and are listed on the Toronto Stock Exchange.

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