SYS-CON MEDIA Authors: Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel, Peter Silva

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Secure Announces the Strongest Quarter on Record Achieving a 43% Increase in EBITDA for the First Quarter Ended March 31, 2014

CALGARY, ALBERTA -- (Marketwired) -- 05/08/14 --

Secure Energy Services Inc. ("Secure" or the "Corporation") (TSX:SES) today announced financial and operational results for the three months ended March 31, 2014. The following should be read in conjunction with the management's discussion and analysis ("MD&A"), the condensed consolidated financial statements and notes of Secure which are available on SEDAR at www.sedar.com.

FINANCIAL AND OPERATIONAL HIGHLIGHTS FOR THE FIRST QUARTER ENDED MARCH 31, 2014

The first quarter of 2014 was the strongest quarter on record for Secure. Activity levels remained robust through the end of the first quarter due to a late spring break-up allowing all three divisions to deliver solid results. Revenue (excluding oil purchase and resale) and EBITDA increased 40% and 43% respectively, over the 2013 comparative period. In addition, Secure completed two strategic acquisitions in the quarter that positively contributed to overall results, and added complimentary services to the OS division. The operating and financial highlights for the first quarter ending March 31, 2014 can be summarized as follows:


                                               Three Months Ended March 31, 
                                                                            
($000's except share and per share data)        2014        2013    % change
----------------------------------------------------------------------------
                                                                            
Revenue (excludes oil purchase and                                          
 resale)                                     205,632     147,122          40
Oil purchase and resale                      320,580     175,856          82
----------------------------------------------------------------------------
                                                                            
Total revenue                                526,212     322,978          63
----------------------------------------------------------------------------
EBITDA (1)                                    56,691      39,705          43
  Per share ($), basic                          0.48        0.38          26
  Per share ($), diluted                        0.47        0.37          27
----------------------------------------------------------------------------
                                                                            
Net earnings                                  22,989      17,758          29
  Per share ($), basic                          0.20        0.17          18
  Per share ($), diluted                        0.19        0.17          12
----------------------------------------------------------------------------
Funds from operations (1)                     56,357      34,744          62
  Per share ($), basic                          0.48        0.33          45
  Per share ($), diluted                        0.47        0.32          47
----------------------------------------------------------------------------
Cash dividends per common share                 0.04         nil         100
Capital Expenditures (1)                      66,737      42,268          58
Total assets                               1,171,891     828,058          42
Long term borrowings                         219,486     168,353          30
Total long term liabilities                  304,319     229,822          32
----------------------------------------------------------------------------
Common Shares - end of period            118,020,638 104,894,191          13
                                                                            
Weighted average common shares                                              
  basic                                  117,235,063 104,734,964          12
  diluted                                120,436,149 107,363,836          12
----------------------------------------------------------------------------
(1)Refer to "Non GAAP measures and operational definitions" and "Additional 
 GAAP measures" for further information                                     

REVENUE INCREASES


--  40% INCREASE IN REVENUE (EXCLUDING OIL PURCHASE AND RESALE) OVER THE
    2013 COMPARATIVE QUARTER 
    --  PRD division revenue (excluding oil purchase/resale) for the period
        ended March 31, 2014 increased 43% from the 2013 comparative period.
        Processing volumes increased 22% as increasing demand for services
        and the addition of six new facilities that were completed and
        commissioned after the first quarter of 2013 all contributed to the
        increase. Recovery revenues increased by 27% attributed to a 45%
        increase in throughput at the Corporation's facilities. Disposal
        volumes increased 56% as a direct result of increased activity and
        the addition of the 13 Mile Landfill in North Dakota in October 2013
        and the Saddle Hills Landfill in November 2013. 
    --  DS division Canadian market share was 31% and revenue increased 27%
        from the 2013 comparative period. Drilling fluids revenue increased
        22% as a result of an increase in meters drilled per well by the
        Corporation's customers and a 25% increase in revenue per operating
        day. Overall there was higher field activity as meters drilled per
        well in Canada increased by 9% for the period ended March 31, 2014
        compared to the prior year comparative period as reported by the
        Canadian Association of Drilling Contractors ("CAODC"). Revenue from
        equipment rentals increased by 111% relating to higher utilization
        and an increase in the rental fleet mainly from the acquisition of
        Target completed in the second quarter of 2013. 
    --  OS division revenue increased 149% from the 2013 comparative period.
        The acquisition of Frontline on April 1, 2013 and two private
        oilfield service companies during the quarter accounted for the
        significant increase. Frontline was able to complete large projects
        that were delayed in the fourth quarter of 2013 due to unfavourable
        weather while overall equipment in Frontline and rental asset
        utilization from the current quarter asset acquisitions was strong
        throughout the quarter contributing to the solid results. 
    --  Oil purchase and resale revenue in the PRD division increased 82%
        from the 2013 comparative period. Increased pipeline capacity added
        at the Judy Creek FST in the third quarter of 2013, a 4% increase in
        crude oil prices, increased oil throughput at the Corporation's
        pipeline connected FSTs, and increasing crude oil volumes shipped
        via rail all contributed to the increase.
--  EBITDA INCREASES 43% TO $56.7 MILLION 
    --  For the period ended March 31, 2014, EBITDA increased 43% from the
        2013 comparative period. The increase in EBITDA is attributable to
        higher demand for services and the addition of new facilities in the
        PRD division, the increase in revenue per operating day and rentals
        revenue in the DS division, and the performance of the OS division
        with the newly acquired assets from two acquisitions executed in the
        quarter and the acquisition of Frontline in April of 2013.
--  2014 CAPITAL BUDGET AND STRATEGIC AQUISITIONS 
    --  In December 2013, the Corporation announced the 2014 capital
        expenditure budget of $225.0 million which includes $20.0 million of
        carry over capital from 2013 projects related to the Kindersley,
        Edson, and Keene FSTs. Total capital expenditures for the first
        quarter totaled $66.7 million for both growth and expansion capital
        and acquisitions. Growth and expansion capital expenditures totaled
        $49.8 million for the period ended March 31, 2014 and included the
        following: 
        --  Kindersley FST was completed and operational during the first
            quarter; 
        --  Edson and Keene FST's are expected to be commissioned and
            operational during the second quarter of 2014; 
        --  Rycroft Full Service Rail ("FSR") facility is the Corporation's
            first heavy oil rail facility. The FSR facility will offer
            treating, storage, disposal and transloading services. It is
            expected the facility will be commissioned and operational in
            the fourth quarter of 2014; 
        --  The Brazeau and Stanley SWDs are currently under construction to
            convert to FSTs with the expectation the waste portion of the
            facilities will be operational in the fourth quarter of 2014; 
        --  Construction of a new oil based mud blending plant in Fox Creek,
            completion of the plant is anticipated in the third quarter of
            2014; and 
        --  Various rental and long lead equipment for 2014 capital
            projects. 
        --  During the quarter, Secure executed two strategic acquisitions
            for a total of $29.2 million paid in cash and shares of the
            Corporation. These acquisitions fall into the OS division with
            assets that will grow the Corporation's integrated water
            solutions service line and establish an onsite market presence
            in the US. These two strategic acquisitions are a continuation
            of the Corporation's strategy to add complementary services
            along the energy services value chain. It will support and
            expand the existing water solutions and environmental management
            services of the Corporation's OS division, and allow the OS
            division to expand into the US market.
--  SOLID BALANCE SHEET 
    --  Secure's debt to trailing twelve month EBITDA ratio was 1.55 as of
        March 31, 2014 compared to 1.38 as of December 31, 2013. 
    --  As at March 31, 2014, the Corporation had $162.8 million available
        under its credit facility. 
    --  Effective April 1, 2014, the Corporation's board of directors
        approved a dividend increase of $0.05 per share to $0.20 per share
        on an annualized basis.
--  SUBSEQUENT EVENTS 
    --  On April 1, 2014, Secure closed the acquisition of a mineral
        products plant located in Alberta and closed the acquisition of an
        environmental contracting business for total consideration of $15.7
        million comprised of cash and shares. The mineral products plant
        mainly processes barite which is a product used in drilling fluids.
        The mineral products plant allows Secure to vertically integrate the
        operations in the DS division to improve supply logistics and
        quality. The environmental contracting business provides services
        relating to spill cleanup, pond construction, and contaminated soil
        excavation, stockpiling, treatment, transportation and disposal.

                                                                            
PRD DIVISION OPERATING HIGHLIGHTS                                           
                                                                            
                                                  Three months ended Mar 31,
                                                                            
($000's)                                          2014     2013     % Change
----------------------------------------------------------------------------
                                                                            
Revenue                                                                     
  Processing, recovery and disposal services                                
   (a)                                          63,302   44,354           43
  Oil purchase and resale service              320,580  175,856           82
                                              ------------------------------
Total PRD division revenue                     383,882  220,210           74
                                                                            
                                                                            
Operating Expenses                                                          
  Processing, recovery and disposal services                                
   (b)                                          23,735   14,781           61
  Oil purchase and resale service              320,580  175,856           82
  Depreciation, depletion, and amortization     13,739    9,017           52
                                              ------------------------------
  Total operating expenses                     358,054  199,654           79
General and administrative                       6,767    4,959           36
                                              ------------------------------
Total PRD division expenses                    364,821  204,613           78
                                                                            
                                                                            
                                                                            
Operating Margin (1) (a-b)                      39,567   29,573           34
                                                                            
                                                                            
Operating Margin (1)as a % of revenue (a)           63%      67%            
----------------------------------------------------------------------------

(1) Refer to "Non GAAP measures and operational definitions" and "Additional GAAP measures" for further information

Highlights for the PRD division included:


--  Processing: For the three months ended March 31, 2014, processing
    volumes increased 22% from the comparative period in 2013. The increase
    in revenue is a result of an increase in overall demand for the PRD
    division's services and the addition of new facilities and expansions at
    current facilities subsequent to the first quarter of 2013 which
    include: completion of the Rocky and Judy Creek FSTs in May 2013; Kaybob
    SWD in August 2013; Stanley SWD in North Dakota in September 2013; Keene
    SWD in North Dakota in November 2013; and the Kindersley FST in December
    2013. 
--  Recovery: Revenue from recovery for the three months ended March 31,
    2014 increased by 27% from the comparative period in 2013. The increase
    in recovery revenue for the three months ended March 31, 2014 is a
    result of a 45% increase in throughput at Secure facilities, an increase
    in the price of crude oil of 4% as compared to the first quarter of
    2013.  
--  Disposal: Secure's disposal volumes increased by 56% for the three
    months ended March 31, 2014 from the comparative period of 2013. The
    increase in volumes is related to increased demand and a portion of the
    increase is due to the addition of the 13 Mile Landfill in North Dakota
    in October 2013; and the Saddle Hills Landfill in November 2013. 
--  Oil purchase/resale service: Revenue from oil purchase and resale
    services increased 82% to $320.6 million from $175.9 million in the
    comparative period of 2013. The increase in the period is due to
    increased pipeline capacity added at the Judy Creek FST in the third
    quarter of 2013, a 4% increase in crude oil prices, increased oil
    throughput at the Corporation's pipeline connected FSTs, and increased
    crude oil volumes shipped via rail. The revenue from this service line
    will fluctuate monthly based on the factors described above. 
--  Operating margin as a percentage of revenue for the three months ended
    March 31, 2014 was 63% compared to 67% in the comparative period of
    2013. The slightly lower operating margin is a direct result of the non-
    recurring maintenance expenses incurred in the quarter of approximately
    $1.4 million related to liner repairs at one of the Corporation's
    landfills and the increase in trucking and commissioning costs
    associated with facilities coming on- line. 
--  General and administrative ("G&A") expenses increased 36% for the three
    months ended March 31, 2014 to $6.8 million from $5.0 million in the
    comparative period of 2013. Major drivers are an increase of 59% in
    wages & salaries to support the opening of new facilities; organic
    growth at existing facilities both in Canada and the US; and a 123%
    increase in building and lease costs to accommodate growth of staff in
    Canada and the US.

                                                                            
DS DIVISION OPERATING HIGHLIGHTS                                            
                                                                            
                                                  Three months ended Mar 31,
                                                                            
($000's)                                         2014      2013     % Change
----------------------------------------------------------------------------
                                                                            
Revenue                                                                     
  Drilling services (a)                       118,683    93,254           27
                                                                            
                                                                            
Operating expenses                                                          
  Drilling services (b)                        88,381    70,872           25
  Depreciation and amortization                 4,996     3,671           36
                                            --------------------------------
Total DS division operating expenses           93,377    74,543           25
General and administrative                      7,854     6,150           28
                                            --------------------------------
Total DS division expenses                    101,231    80,693           25
                                                                            
                                                                            
Operating Margin (1) (a-b)                     30,302    22,382           35
                                                                            
                                                                            
Operating Margin % (1)                             26%       24%            
----------------------------------------------------------------------------

(1) Refer to "Non GAAP measures and operational definitions" and "Additional GAAP measures" for further information

Highlights for the DS division included:


--  Revenue from the DS division for the three months ended March 31, 2014
    increased 27% to $118.7 million from $93.3 million in the comparative
    period of 2013. The increase in revenue for the three months ended March
    31, 2014 is the result of a combined 22% increase in the drilling fluids
    service line revenue and a 111% increase in revenue for the equipment
    rentals service line from the comparative period in 2013. 
--  The drilling fluids service line revenue will fluctuate each quarter
    based on market share, meters drilled and the type of wells drilled
    which in turn drives revenue per operating day. The DS division market
    share in Canada was 31% for the quarter ended March 31, 2014 which was
    unchanged from the 2013 comparative period. While the market share
    remained unchanged, meters drilled per well by the DS division's
    customers increased by 10% over the prior year comparative period. As
    meters drilled per well increases, there are higher product usages,
    increased probability of lost circulation events and a higher usage of
    specialty chemicals. Additionally, the number of SAGD wells increased by
    9% over the prior year comparative period. SAGD wells are more complex
    and require more costly drilling fluids which contribute to the increase
    in revenue per operating day. As a result of the increase in meters
    drilled and SAGD wells, the revenue per operating day increased to
    $7,253 for the three months ended March 31, 2014 from $5,815 in the
    comparative period of 2013. 
--  The equipment rentals service line revenue is driven by the size of the
    available rental fleet, utilization, and rental rates in any given
    quarter. The increase in the equipment rentals service line revenue for
    the three months ended March 31, 2014 over the comparative period of
    2013 is a direct result of the acquisition of Target on July 2, 2013
    which significantly increased the rental asset base and contributed 48%
    of the rentals revenue for the quarter. Additionally, overall rental
    asset utilization increased over the comparative period of 2013. 
--  For the three months ended March 31, 2014, operating margins increased
    to 26% from 24% in the 2013 comparative period. Equipment rentals
    contribute to higher operating margins. As equipment rentals contributed
    significantly to the growth in revenues from the comparative period due
    to the acquisition of Target and an increase in equipment utilization,
    this has driven the 2% increase in operating margin. 
--  G&A expense for the three months ended March 31, 2014 increased 28% to
    $7.9 million from $6.2 million in the comparative period of 2013. As a
    percentage of revenue for the three months ended March 31, 2014, G&A
    expenses were 7% which remained consistent from the comparative period
    of 2013.

                                                                            
OS DIVISION OPERATING HIGHLIGHTS                                            
                                                                            
                                                  Three months ended Mar 31,
                                                                            
($000's)                                         2014      2013     % Change
----------------------------------------------------------------------------
                                                                            
Revenue                                                                     
  Onsite services (a)                          23,647     9,514          149
                                                                            
                                                                            
Operating expenses                                                          
  Onsite services (b)                          17,129     7,511          128
  Depreciation and amortization                 1,885       205          820
                                            --------------------------------
Total OS division operating expenses           19,014     7,716          146
General and administrative                      1,763     1,105           60
                                            --------------------------------
Total OS division expenses                     20,777     8,821          136
                                                                            
                                                                            
Operating Margin (1) (a-b)                      6,518     2,003          225
                                                                            
                                                                            
Operating Margin % (1)                             28%       21%            
----------------------------------------------------------------------------

(1) Refer to "Non GAAP measures and operational definitions" and "Additional GAAP measures" for further information

Highlights for the OS division included:


--  Revenue for the three months ended March 31, 2014 increased 149% to
    $23.6 million from $9.5 million in the comparative period of 2013. The
    increase is a result of the acquisition of Frontline on April 1, 2013
    and the two acquisitions executed in the quarter. Frontline, along with
    the two acquisitions completed in the quarter, contributed to 97% of the
    increase in revenue over the 2013 comparative period. The prior year
    comparative figures include environmental services revenue and
    integrated water solutions revenue. The environmental services and
    integrated water solutions groups were previously included in other
    divisions but were allocated into the OS division in conjunction with
    the Frontline acquisition. 
--  Frontline utilization for the three months ended March 31, 2014 was
    higher than the fourth quarter of 2013 due to a few large projects that
    began in the first quarter of 2014 that were previously delayed due to
    unfavourable weather relating to pipeline integrity, a spill clean-up,
    and reclamation work. 
--  Integrated water solutions equipment utilization was strong for the two
    months post acquisition with projects focused in the Northern WCSB. As
    the drilling season was extended due to a late spring break-up, this
    positively contributed to results for the quarter. 
--  For the three months ended March 31, 2014, operating margins increased
    to 28% from 21% in the 2013 comparative period. The operating margin for
    the OS division is expected to fluctuate depending on the volume and
    type of projects undertaken and the blend of business between
    remediation and reclamation projects, demolition projects, pipeline
    integrity projects, site clean-up, and other services in any given
    period. The majority of the 7% increase in the quarter is a result of
    the acquisitions executed in the quarter. The more significant
    acquisition is a rentals based business which achieves higher margins
    than the other service lines in the OS division. 
--  G&A expenses for the three months ended March 31, 2014 increased to $1.8
    million from $1.1 million in the comparative period of 2013. G&A
    expenses increased due to the Frontline in 2013 and the two acquisitions
    executed in the quarter. G&A is expected to fluctuate based on the
    growth of the division.

OUTLOOK

Activity levels in the oil and gas industry were very robust in the first quarter. Total meters drilled per well as reported by the CADOC was up 9% in the first quarter from the previous year comparative period. Longer and deeper well bores require specialized drilling fluids and result in increased drilling waste and completion fluid waste per well which creates demand for the Corporation's products and services and is a key driver that impacts the Corporation's results. Horizontal wells comprised 74% of all wells drilled in the quarter compared to 66% in the comparative year period, which is continuing to show a long term upward trend.

Horizontal well licenses in the deep basin for the first quarter were up 15% compared to the previous year period. The increase is another indicator that there is a continued focus on deeper drilling activity which bodes well for drilling fluids and waste disposal services and points to a strong second half of 2014 as licenses convert into drilling and completion activity. Additionally, spending levels by producers are anticipated to hold strong into the second half of 2014 with a higher backlog of work entering spring break-up than has been seen in the past few years.

The cold weather in March resulted in a later spring break-up providing producers extra time to finish up winter drilling projects therefore, results for the first quarter finished out stronger than anticipated. Spring break-up is not expected to deviate substantially in length than the historical average however, it is hard to predict with certainty given it is dependent on weather trends that can be highly volatile. Depending on the length of spring break-up, results in both the DS and OS divisions may be impacted if equipment cannot be moved to site.

As heavy oil differentials continue to hold and pipeline projects are delayed, crude transport by rail has positively impacted activity levels and continues to provide an alternative method to transport production to maximize profits. Secure has commenced construction of its first full service rail terminal in Rycroft with commissioning anticipated in the fourth quarter of 2014. This is another example of how Secure is continuing to meet and exceed the needs and expectations of its customers and take advantage of these opportunities to maximize shareholder returns.

Secure's recently completed acquisitions in the quarter add complimentary components to the integrated water solutions service line. OS is now able to deliver complete in field water management including fluids storage, pumping and heating, providing source and engineered fluids and disposal at the Corporation's FSTs.

Secure is committed to developing water recycling initiatives at its FSTs and has commissioned its first pilot project to develop water recycling technology at the Grande Prairie FST. By being able to recycle water, this ultimately reduces the amount of disposal volumes which will increase the capacity of the disposal wells. Secure is excited about the potential that exists in this initiative, the ability to further recycle and reduce waste in the drilling process, provide innovative solutions for its customers, and continue to strengthen the value chain of services Secure is able to provide to its customers.

FINANCIAL STATEMENTS AND MD&A

The condensed consolidated financial statements and MD&A of Secure for the three and months ended March 31, 2014 are available immediately on Secure's website at www.secure-energy.ca. The condensed consolidated financial statements and MD&A will be available tomorrow on SEDAR at www.sedar.com.

FORWARD-LOOKING STATEMENTS

Certain statements contained in this document constitute "forward-looking statements" and/or "forward-looking information" within the meaning of applicable securities laws (collectively referred to as forward-looking statements). When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect", and similar expressions, as they relate to Secure, or its management, are intended to identify forward-looking statements. Such statements reflect the current views of Secure with respect to future events and operating performance and speak only as of the date of this document. In particular, this document contains forward-looking statements pertaining to: corporate strategy; goals; general market conditions; the oil and natural gas industry; activity levels in the oil and gas sector, including market fundamentals, drilling levels, commodity prices for oil, natural gas liquids ("NGLs") and natural gas; the increase in meters drilled for the first quarter of 2014; demand for the Corporation's services; expansion strategy; the amounts of the PRD, DS and OS divisions' proposed 2014 capital budgets and the intended use thereof; debt service; capital expenditures; completion of facilities; the impact of new facilities on the Corporation's financial and operational performance; use of proceeds from the 2013 offering; future capital needs; access to capital; acquisition strategy; capital spending on the new Kindersley, Edson, and Keene FSTs, Rycroft FSR, conversion of Brazeau to an FST, and construction of the oil based mud blending plant in Fox Creek; oil purchase and resale revenue; and the impact of the OWL program.

Forward-looking statements concerning expected operating and economic conditions are based upon prior year results as well as the assumption that increases in market activity and growth will be consistent with industry activity in Canada, United States, and internationally and growth levels in similar phases of previous economic cycles. Forward-looking statements concerning the availability of funding for future operations are based upon the assumption that the sources of funding which the Corporation has relied upon in the past will continue to be available to the Corporation on terms favorable to the Corporation and that future economic and operating conditions will not limit the Corporation's access to debt and equity markets. Forward-looking statements concerning the relative future competitive position of the Corporation are based upon the assumption that economic and operating conditions, including commodity prices, crude oil and natural gas storage levels, interest rates, the regulatory framework regarding oil and natural gas royalties, environmental regulatory matters, the ability of the Corporation and its subsidiaries' to successfully market their services and drilling and production activity in North America will lead to sufficient demand for the Corporation's services and its subsidiaries' services including demand for oilfield services for drilling and completion of oil and natural gas wells, that the current business environment will remain substantially unchanged, and that present and anticipated programs and expansion plans of other organizations operating in the energy service industry will result in increased demand for the Corporation's services and its subsidiary's services. Forward-looking statements concerning the nature and timing of growth are based on past factors affecting the growth of the Corporation, past sources of growth and expectations relating to future economic and operating conditions. Forward-looking statements in respect of the costs anticipated to be associated with the acquisition and maintenance of equipment and property are based upon assumptions that future acquisition and maintenance costs will not significantly increase from past acquisition and maintenance costs.

Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether such results will be achieved. Readers are cautioned not to place undue reliance on these statements as a number of factors could cause actual results to differ materially from the results discussed in these forward-looking statements, including but not limited to those factors referred to and under the heading "Business Risks" and under the heading "Risk Factors" in the Corporation's annual information form ("AIF") for the year ended December 31, 2013. Although forward-looking statements contained in this document are based upon what the Corporation believes are reasonable assumptions, the Corporation cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements in this document are expressly qualified by this cautionary statement. Unless otherwise required by law, Secure does not intend, or assume any obligation, to update these forward-looking statements.

Non GAAP Measures and Operational Definitions


1.  The Corporation uses accounting principles that are generally accepted
    in Canada (the issuer's "GAAP"), which includes, International Financial
    Reporting Standards ("IFRS"). These financial measures are Non-GAAP
    financial measures and do not have any standardized meaning prescribed
    by IFRS. These non-GAAP measures used by the Corporation may not be
    comparable to a similar measures presented by other reporting issuers.
    See the management's discussion and analysis available at www.sedar.com
    for a reconciliation of the Non-GAAP financial measures and operational
    definitions. These non-GAAP financial measures and operational
    definitions are included because management uses the information to
    analyze operating performance, leverage and liquidity. Therefore, these
    non-GAAP financial measures and operational definitions should not be
    considered in isolation or as a substitute for measures of performance
    prepared in accordance with GAAP.

ABOUT SECURE ENERGY SERVICES INC.

Secure is a TSX publicly traded energy services company that provides safe and environmentally responsible fluids and solids solutions to the oil and gas industry. The Corporation owns and operates midstream infrastructure and provides environmental services and innovative products to upstream oil and natural gas companies operating in the Western Canadian Sedimentary Basin ("WCSB") and the Rocky Mountain Region in the United States. The Corporation operates three divisions:

Processing, Recovery and Disposal Division: Operating under the name Secure Energy Services Inc., the Processing, Recovery and Disposal Services division owns and operates midstream infrastructure that provides processing, storing, shipping and marketing of crude oil, oilfield waste disposal and recycling. Specifically these services are 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. Secure currently operates a network of facilities throughout western Canada and in North Dakota, providing these services at its full service terminals ("FST"), landfills and stand-alone water disposal facilities ("SWD").

Drilling Services Division: Operating under the name Marquis Alliance Energy Group Inc. (together with its wholly owned subsidiaries "Marquis Alliance"), the trade name XL Fluid Systems ("XL Fluids"), and the name Target Rentals Ltd. ("Target"), the DS division provides equipment and chemicals for building, maintaining, processing and recycling of drilling and completion fluids. The drilling fluids service line comprises the majority of the revenue for the division which includes the design and implementation of drilling fluid systems for producers drilling for oil, bitumen and natural gas. The DS division focuses on providing products and systems that are designed for more complex wells, such as medium to deep wells, horizontal wells and horizontal wells drilled into the oil sands.

OnSite Division: The OnSite division, operating under the name of Frontline, offers environmental services which include pre-drilling assessment planning, drilling waste management, remediation and reclamation of former wellsites, facilities, commercial, and industrial properties, and laboratory services; integrated water solutions which include water management, recycling, pumping and storage solutions; "CleanSite" waste container services; pipeline integrity (inspection, excavation, repair, replacement and rehabilitation); demolition and decommissioning. These services are offered throughout the WCSB.

Contacts:
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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The BPM world is going through some evolution or changes where traditional business process management solutions really have nowhere to go in terms of development of the road map. In this demo at 15th Cloud Expo, Kyle Hansen, Director of Professional Services at AgilePoint, shows AgilePoint’s unique approach to dealing with this market circumstance by developing a rapid application composition or development framework.
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...
AppZero has announced that its award-winning application migration software is now fully qualified within the Microsoft Azure Certified program. AppZero has undergone extensive technical evaluation with Microsoft Corp., earning its designation as Microsoft Azure Certified. As a result of AppZero's work with Microsoft, customers are able to easily find, purchase and deploy AppZero from the Azure Marketplace. With just a few clicks, users have an Azure-based solution for moving applications to the...
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that IDenticard will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. IDenticard™ is the security division of Brady Corp (NYSE: BRC), a $1.5 billion manufacturer of identification products. We have small-company values with the strength and stability of a major corporation. IDenticard offers local sales, support and service to our customers across the United States and Canada...
SYS-CON Events announced today that AIC, a leading provider of OEM/ODM server and storage solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. AIC is a leading provider of both standard OTS, off-the-shelf, and OEM/ODM server and storage solutions. With expert in-house design capabilities, validation, manufacturing and production, AIC's broad selection of products are highly flexible and are conf...
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed how the best place for web security is in the cloud. Benefits include: Functions as the first layer of defense Easy operation –CNAME change Implement an integrated solution Best architecture for addressing network-l...
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software, in this SYS-CON.tv interview at DevOps Summit at Cloud Expo®, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.