Leader Energy Services Ltd.
TSX VENTURE : LEE

Leader Energy Services Ltd.

January 18, 2006 08:00 ET

Leader Energy Services Announces U.S. Expansion, Appointment

CALGARY, ALBERTA--(CCNMatthews - Jan. 18, 2006) - Leader Energy Services Ltd. (TSX VENTURE:LEE) ("Leader" or the "Company") today announced the appointment of Mr. Tony Klein to the position of Senior Vice President Operations, USA.

Mr. Klein brings 28 years of experience working in the Rocky Mountain region of the United States. Most recently with Pure Energy Services as Business Development Manager, he was responsible for establishing Pure's United States operations. Prior to working at Pure, Mr. Klein spent four years with Alpine Oil Services and then four years with Weatherford International (which purchased Alpine in 2000) as Operations and Sales Manager, where he was responsible for all field operations, management and sales for the entire Rocky Mountain region for underbalanced drilling, production testing and drill stem testing services.

Leader recognizes the importance of geographic expansion and anticipates opening its main US office in Denver, Colorado during the second quarter. Management is formulating a strategy to provide coiled tubing, nitrogen pumping and cementing operations in the Rocky Mountain region of the United States, which will include North and South Dakota, Wyoming, Utah, Colorado and Montana. To broaden the scope of services, this strategy may include business acquisitions. Key to the Company's consideration of this expansion are present activity levels that are expected to remain very strong, and which are directly related to new discoveries from unconventional gas deposits, developments in CBM technologies, additional pipeline capacity and strong commodity prices.

Leader Energy Services provides well stimulation services in western Canada. Leader supplies coiled tubing and flameless nitrogen pumping services as well as other flameless equipment and services. Leader will begin providing cementing services in 2006. Further information on Leader can be found under the Company's listing at www.sedar.com and on the Company's website at www.leaderenergy.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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