DS Dividend Select 15 Corp

Secure Energy Services Inc. ("Secure" or the "Corporation") (TSX:SES) is pleased
to announce that today it completed the acquisition of Frontline Integrated
Services Ltd. ("Frontline") for an aggregate purchase price of approximately
$23.1 million including the issuance of $16.3 million in common shares of Secure
(being 1,394,616 common shares) (the "Acquisition"). Frontline generated
approximately $27.0 million in revenue and $4.8 million of normalized EBITDA for
the trailing twelve month period ended December 31, 2012.


Summary of the Acquisition 

Frontline is an integrated service provider servicing the energy, resource, and
civil construction industries in Western Canada. Their core services include
pipeline integrity (including inspection, excavation, repair, replacement and
rehabilitation); remediation and reclamation; demolition and decommissioning.
Since formation in 2011, Frontline has realized significant growth and market
penetration by consistently providing high quality, innovative, and cost
effective integrated solutions with a focus on safety and customer service. 


Frontline's leadership team has combined experience of over 100 years in the
energy and environmental services field. Frontline's management team is led by
David Mattinson as President; Mr. Mattinson is a professional engineer with over
30 years of industry experience. He is a former shareholder of a very successful
Calgary-based environmental contracting business which offered services such as
industrial landfills, waste management and disposal, demolition and sulphur
reclamation. 


The management team of Frontline will continue to operate the day-to-day
business as a wholly-owned subsidiary of Secure. All members of the management
team and select employees of Frontline will enter into non-competition
agreements. In addition, the common shares of Secure issued to the five majority
owners as consideration will be held in escrow for five years with 20% to be
released on each anniversary of the closing date.


Strategic Rationale 

The Frontline acquisition is a continuation of Secure's strategy to add
complementary services along the energy services value chain; it will support
and expand the existing environmental and project management services of the
Corporation's drilling services ("DS") division, which operates under the trade
name of Marquis Alliance Energy Group Inc. ("Marquis Alliance"). Going forward,
all of Frontline's customers will now have the ability to receive an integrated
service solution. 


Frontline's business has experienced impressive and rapid growth to date. Future
growth potential will be enhanced with financial, administrative, operational,
and infrastructural support provided by Secure. The Acquisition is expected to
be accretive to Secure on an earnings and cash flow per share basis. 


"The acquisition of Frontline is another exciting addition to Secure and Marquis
Alliance's service and product offerings," states Rene Amirault, Chairman,
President and Chief Executive Officer of Secure. "We are now able to offer
customers an expanded suite of services to manage environmental liabilities,
waste collection, pipeline protection and maintenance, emergency response
support, equipment and specialty tool rental, and project management. We are
pleased to have a talented, experienced and highly motivated team join Secure
and play a key role in the continued development and execution of Secure's
growth strategy." 


David Mattinson, President of Frontline, adds "Frontline has always set out to
be an industry leader by providing high quality, innovative and cost effective
integrated solutions with a focus on safety and customer service. Secure and
Marquis Alliance have similarly built a strong reputation of being customer
focused and providing innovative solutions in the waste disposal and drilling
fluids businesses. Frontline is excited about pursuing new growth opportunities
and leveraging our combined strengths to meet our customer's needs."


About Secure Energy Services Inc. 

Secure is a TSX publicly traded energy services company that focuses on
providing specialized services to upstream oil and natural gas companies. 


The Corporation operates two divisions: 

Processing, Recovery and Disposal Division: Operating under the trade name
Secure Energy Services, the processing, recovery and disposal services division
focuses on clean oil terminalling, custom treating of crude oil, crude oil
marketing, produced and waste water disposal, oilfield waste processing,
landfill disposal and oil purchase/resale service. 


Drilling Services Division: Operating under the trade name Marquis Alliance
Energy Group Inc. and its wholly owned subsidiaries and operating under the
trade name XL Fluids Systems Inc. ("XL Fluids") and under the trade name
Imperial Drilling Fluids Engineering Inc. ("IDF"), the drilling services
division focuses on drilling fluid systems, solids control, equipment rental
service, drilling waste management and environmental services. The drilling
fluids service line includes the design and implementation of drilling fluid
systems for producers drilling for oil, bitumen and natural gas.


Non GAAP Measures 

This press release contains references to normalized EBITDA. This financial
measure is not a measure that has any standardized meaning prescribed by
Generally Accepted Accounting Principles ("GAAP") in Canada and is therefore
referred to as non-GAAP measure. The non-GAAP measure used by the Corporation
may not be comparable to a similar measure used by other companies. Management
believes that in addition to net income, EBITDA is a useful supplemental measure
as it provides an indication of the financial results generated by the principal
business activities of the relevant company prior to consideration of how those
activities are financed or how the results are taxed. Normalized EBITDA, as it
is used in relation to Frontline, is defined as earnings before interest
expense, income taxes, depreciation, amortization, management fees and
adjustments that are considered both non-recurring and market based in nature. 


Forward Looking Statements

Statements expressed in, or implied by this press release contain
forward-looking statements, including statements regarding the anticipated
synergies arising from completion of the Acquisition. Readers are cautioned that
assumptions used in the preparation of such information may prove to be
incorrect. Events or circumstances may cause actual results to differ materially
from those predicted, as a result of numerous unknown risks, uncertainties, and
other factors, many of which are beyond the control of Secure. These risks
include, but are not limited to the risks identified in Secure's Annual
Information Form for the year ended December 31, 2012 under the heading "Risk
Factors" and in Secure's Management Discussion and Analysis for the year ended
December 31, 2012 under the heading "Business Risks" and also includes the risks
associated with the possible failure to realize the anticipated synergies in
integrating the operations of Frontline with the operations of Secure; the risks
associated with the oil and gas industry; commodity prices and exchange rate
changes, regulatory changes, changes in drilling activity and general global
economic, political and business conditions. Industry related risks could
include, but are not limited to: operational risks, delays or changes in plans,
health and safety risks and the uncertainty of estimates and projections of
costs and expenses and access to capital. The risks outlined above should not be
construed as exhaustive. The reader is cautioned not to place undue reliance on
this forward-looking information. These forward-looking statements are made as
of the date of this press release and Secure disclaims any intent or obligation
to update publicly any forward-looking information, whether as a result of new
information, future events or results or otherwise, other than as required by
applicable securities law. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Secure Energy Services Inc.
Rene Amirault
Chairman, President and Chief Executive Officer
(403) 984-6100
(403) 984-6101 (FAX)


Secure Energy Services Inc.
Allen Gransch
Chief Financial Officer
(403) 984-6100
(403) 984-6101 (FAX)
www.secure-energy.ca

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