Mr. Rene Amirault reports

SECURE ANNOUNCES CLOSING OF $300 MILLION SENIOR UNSECURED NOTE FINANCING

Secure Energy Services Inc. has successfully closed its previously announced private offering of $300-million aggregate principal amount of 6.750 per cent senior unsecured notes due March 22, 2029, at an issue price of $100, representing a yield of 6.750 per cent. The offering was underwritten by a syndicate of underwriters with BMO Capital Markets and National Bank Financial Markets acting 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 used the net proceeds of the offering to finance the redemption of all of the outstanding 7.25 per cent senior unsecured notes due 2026 at a redemption price of 103.625 per cent of the principal amount of the 2026 notes, plus accrued and unpaid interest up to, but excluding, the redemption date, being approximately $358-million.

The notes were conditionally offered for sale in Canada on a private placement basis pursuant to certain prospectus exemptions.

About Secure Energy Services Inc.

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