CDN NEWS | 
US NEWS 
FOR: STRAD ENERGY SERVICES LTD.
TSX SYMBOL: SDY
Date issue: July 11, 2017
Time in: 5:03 PM e
Attention:
CALGARY, ALBERTA--(Marketwired - July 11, 2017) - Strad Energy Services Ltd. ("Strad" or the "Company") (TSX:SDY) is pleased to announce that the plaintiffs in the proposed class action proceeding previously filed in the Alberta Court of Queen's Bench (the "Court") Action No. 1601-07269 (the "Action") have filed a discontinuance of the Action against all defendants named in the Action including Strad and certain of its current and former directors, on a without costs basis.
The discontinuance was filed with the Court without any admission of liability or wrongdoing on the part of the defendants and no settlement proceeds have been paid or are payable by Strad or the individual defendants in the Action.
About Strad
Strad is a North American energy services company that provides rental equipment and matting solutions to the oil and gas and energy infrastructure sectors. Strad focuses on providing complete customer solutions in Canada and the United States.
Strad is headquartered in Calgary, Alberta, Canada. Strad is listed on the Toronto Stock Exchange under the trading symbol "SDY".
- END RELEASE - 11/07/2017
For further information:
Strad Energy Services Ltd.
Andy Pernal
President and Chief Executive Officer
(403) 775-9202
(403) 232-6901 (FAX)
apernal@stradenergy.com
OR
Strad Energy Services Ltd.
Michael Donovan
Chief Financial Officer
(403) 775-9221
(403) 232-6901 (FAX)
mdonovan@stradenergy.com
www.stradenergy.com
COMPANY:
FOR: STRAD ENERGY SERVICES LTD.
TSX SYMBOL: SDY
INDUSTRY: Energy and Utilities - Oil and Gas
RELEASE ID: 20170711CC0058
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