LEA

Leader Energy Services Ltd. ("Leader" or the "Company") (TSX VENTURE:LEA) today
announced that it expects revenue for the third quarter ending September 30,
2011 to exceed $9.8 million, an increase of greater than 50% over the comparable
quarter last year. These results exceeded internal expectations and represent
the highest third quarter revenue reported from the Western Canadian Sedimentary
Basin in the Company's ten-year history.


The Company anticipates placing its new 2-3/8" deep coiled tubing unit and its
second fluid pumper into service by the end of this month. This equipment is in
very high demand and forms an integral component of longer-reach coiled tubing
operations.


By the end of this year, Leader will have significantly increased its deep
coiled tubing and fluid pumping capacity, which will further enhance future
financial performance.


The Company anticipates robust demand for its services through to spring
breakup. Additional expansion plans will be determined in the fourth quarter of
2011.


Certain statements contained in this press release, including statements which
may contain words such as "could", "should", "expect", "estimate", "believe",
"likely", "will", or estimates of business activity, and similar expressions and
statements relating to matters that are not historical facts, are forward
looking statements. Such statements involve known and unknown risks and
uncertainties that may cause the actual results, performance or achievements of
Leader to be materially different from any future results, performance or
achievements expressed or implied by such forward looking statements. Factors
include commodity prices, demand for oil and gas related products and service,
competition, political and economic conditions, demand and acceptance of new
products and ways of doing business, changes in laws and regulations to which
Leader is subject, and the ability to attract and retain key personnel.

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