Strad Energy Services 2011 Fourth Quarter & Year End Results- Conference Call & Webcast

CALGARY, ALBERTA--(Marketwire - Feb. 21, 2012) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Strad Energy Services Ltd ("Strad") (TSX:SDY) will release its 2011 fourth quarter and year end results on Thursday, March 1^st after markets close. A conference call is scheduled for Friday, March 2^nd at 9:00am (MDT) to announce these results; the call will be hosted by Henry van der Sloot, Chief Executive Officer.

The dial in number is 1-866-226-1798 or 1-416-340-2219. The conference call will also be accessible via webcast at www.stradenergy.com.

A replay of the call will be available approximately one hour after the conference call ends until Friday, March 9th, 2012 at 23:59. To access the replay, call 1-800-408-3053 or 1-905-694-9451, followed by pass code 8480644.

About Strad Energy Services Ltd.

Strad is a North American energy services company that focuses on providing oilfield solutions to the oil and natural gas industry. Strad focuses on providing complete customer solutions in drilling-related oilfield equipment for producers active in unconventional resource plays.

Strad is headquartered in Calgary, Alberta, Canada. Strad is listed on the Toronto Stock Exchange under the trading symbol "SDY".