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CALGARY, ALBERTA -- (Marketwire) -- 01/17/13 -- Canadian Energy Services & Technology Corp. ("CESTC" or the "Corporation") (TSX: CEU) (OTCQX: CESDF) announced today that it will pay a cash dividend of $0.055 per common share on February 15, 2013, to the shareholders of record at the close of business on January 31, 2013.

About Canadian Energy Services & Technology Corp.

CES' business is focused on the design and delivery of technically advanced fluids for the North American oil and gas industry. CES' business model requires limited re-investment capital to grow. As a result, CES has been able to capitalize on the growing market demand for drilling and production fluids in North America while generating free cash flow. CES returns much of this free cash flow back to shareholders through its monthly dividend. Additional information about CES is available at www.sedar.com or at CES' website at www.CanadianEnergyServices.com.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.



Contacts:
Canadian Energy Services & Technology Corp.
Tom Simons
President and Chief Executive Officer
(403) 269-2800
info@ceslp.ca

Canadian Energy Services & Technology Corp.
Craig F. Nieboer, CA
Chief Financial Officer
(403) 269-2800
info@ceslp.ca
www.CanadianEnergyServices.com