PHX Energy Services Corp. Appoints a New Director

CALGARY, ALBERTA--(Marketwire - June 21, 2012) - PHX Energy Services Corp. ("PHX Energy" or the "Corporation") (TSX:PHX) is pleased to announce that Roger Dale Thomas has been appointed to the Board of Directors of PHX Energy.

Mr. Thomas has over 30 years' experience in the oil and gas industry, his knowledge of business strategy and macro industry trends will be an asset to PHX Energy. The majority of his career was at Nexen Inc ("Nexen") where he held various senior executive positions, including Executive Vice President of North America, Chief Executive Officer and President of Nexen Canada, and Senior Vice President of the Canadian Oil and Gas division including Nexen Chemicals Canada LP. In addition, Mr. Thomas is a very active member of the industry and community, with some of his past roles including Vice President of the Alberta Chamber of Resources, Chair of the Canadian Association of Petroleum Producers ("CAPP"), Chair of The Nature Conservancy of Canada (Saskatchewan Region), and Division Co-Chair for the Calgary United Way (Engineering, Energy Services Supply Division). In addition, he was a member of the Premier of Alberta's recent Carbon Capture and Storage Council and assisted with the Department of Energy's most recent Royalty review. Mr. Thomas served on Flint Energy Services Ltd.'s Board of Directors for the past three years and was Chairman of the Compensation Committee and a Member of the Environment, Health, Safety and Risk Management Committee.

At the present, Mr. Thomas is Chairman of Maxxam Analytics International Corporation, a Director of WestFire Energy Ltd, a member of the Kids Cancer Care Foundation of Alberta, a member of the Petroleum Discovery Centre and a Director of Glenbow Museum.

ABOUT PHX ENERGY SERVICES CORP.

PHX Energy's Canadian operations are conducted through Phoenix Technology Services LP. The Corporation maintains its corporate head office, research and development, Canadian sales, service and operational centres in Calgary, Alberta. In addition PHX Energy has a service facility in Estevan, Saskatchewan. PHX Energy's US operations, conducted through the Corporation's wholly-owned subsidiary, Phoenix Technology Services USA Inc. ("Phoenix USA"), is headquartered in Houston, Texas. Phoenix USA has sales and service facilities in Houston, Texas; Traverse City, Michigan; Casper, Wyoming; Denver, Colorado; Fort Worth, Texas; Midland, Texas; Buckhannon, West Virginia; Pittsburgh, Pennsylvania; and Oklahoma City, Oklahoma. Internationally, PHX Energy has sales offices and service facilities in Albania, Peru, Russia, and Colombia.

The common shares of Phoenix are traded on the Toronto Stock Exchange under the symbol "PHX".