Canadian Oilfield Solutions Corp.

Cdn Oilfield Technologies & Solutions Corp.
TSX VENTURE : OTS

Cdn Oilfield Technologies & Solutions Corp.

October 10, 2012 09:00 ET

Canadian Oilfield Solutions Corp.: Appointment of Chief Operations Officer and Grant of Options

CALGARY, ALBERTA--(Marketwire - Oct. 10, 2012) - Canadian Oilfield Solutions Corp. (TSX VENTURE:OTS)

The Corporation is pleased to announce that Ken Berg, a recently elected director, has been appointed as Chief Operations Officer. Mr. Berg is a Professional Engineer with over 25 years of oil and gas experience in the Exploration, Production and Services sectors. Mr. Berg brings senior skills in strategic planning, organizational development, sales and marketing and engineering.

Mr. Berg was previously employed as Vice President Sales with Sanjel Corporation ("Sanjel"), one of Canada's largest private service companies which employees 4,000 employee across the globe. During Mr. Berg's 20 year history with Sanjel, he was instrumental in opening new markets and managed the Denver sales office for approximately 3 years. Mr. Berg also lead initiatives for Sanjel in introducing fracturing, coiled tubing services and SAGD cementing in Canada.

The Corporation has granted Mr. Berg options to purchase 500,000 common shares at an exercise price of $0.15 per share. The options will vest as to 100,000 options immediately and 100,000 options every six (6) months thereafter. The grant of options is subject to approval of the TSX Venture Exchange.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state of the United States or any other jurisdiction outside of Canada in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the U.S. Securities Act of c1933, as amended, or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act of 1933 and applicable state securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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