Great Prairie Announces Completion of Green Dawg Inc. Acquisition

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

Great Prairie Energy Services Inc. (TSX VENTURE:GPE) ("Great Prairie") is
pleased to announce that it has completed its previously announced purchase of
all issued and outstanding shares of Green Dawg Inc. ("Green Dawg"), a private
automated catwalk rental company for $3,800,000 subject to certain performance
hurdles. The purchase price represents an EBITDA multiple of 2.9x if Green Dawg
meets all performance hurdles.


Green Dawg operates eleven automated catwalk units in both Saskatchewan and
Alberta with a focus on the Lloydminster oil region. Great Prairie management
feels the acquisition is a great addition to its existing fleet of rental
equipment and expects to allocate capital towards expanding the business not
only in the Lloydminster region but also into our current operating area of
Kindersley Saskatchewan. Management feels that Great Prairie can profitably
expand Green Dawg and intends to use the Green Dawg platform to cross sell its
existing rental offerings into the Lloydminster region.


The $3,800,000 all cash purchase price of Green Dawg is subject to certain
performance hurdles as follows:




1.  $2,750,000 in cash payable upon closing of the transaction; and 
2.  up to a maximum of $1,050,000 in cash based upon achieving certain
    performance milestones over a 12 month period following closing of the
    transaction. 



About Great Prairie Energy Services Inc.

Great Prairie is a Canadian energy oilfield rental and hauling company focused
on servicing oil and gas activity in Saskatchewan and Alberta.


Forward Looking Statements

This news release may contain forward looking information that represents Great
Prairie's internal projections, expectations, estimates or beliefs concerning,
among other things, future operating results and various components thereof or
Great Prairie's future economic performance. All statements other than the
statements of historical fact may be forward-looking statements. In some cases,
forward-looking statements can be identified by terminology such as "may",
"will", "should", "expects", "projects", "plans", "anticipates", and similar
expressions. The projections, estimates and beliefs contained in such
forward-looking statements are based on management's assumptions relating to
Great Prairie's performance and competition within the sectors in which it
competes, the continuation of the current regulatory and tax regimes in the
jurisdictions in which Great Prairie operates, and necessarily involve known and
unknown risks and uncertainties, including risks and assumptions relating to
client service demand, field service costs, labour rates, and other factors that
may cause actual performance and financial results in future periods to differ
materially from any projections of future performance or results expressed or
implied by such forward-looking statements. Accordingly, readers are cautioned
that events or circumstances could cause results to differ materially from those
predicted or suggested. Great Prairie does not undertake to update any
forward-looking information in this document whether as to new information,
future events or otherwise.


Non-IFRS Measures

The term "EBITDA" is a financial measure used in this document which is not a
standard measure under International Financial Reporting Standards ("IFRS").
Great Prairie's method of calculating EBITDA may differ from the methods used by
other issuers. Therefore, Great Prairie's measure of EBITDA, as presented in
this press release, may not be comparable to similar measures presented by other
issuers. EBITDA refers to net earnings determined in accordance with IFRS before
depreciation, amortization of intangible assets, interest expense and income tax
expense. Investors are cautioned that EBITDA, as a non-IFRS measure, is not an
alternative to measures under IFRS and should not, on its own, be construed as
an indicator of performance or cash flows, a measure of liquidity or as a
measure of actual return.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Great Prairie Energy Services Inc.
Sid Dutchak
President and CEO
403.630.2157
[e-mail]


Great Prairie Energy Services Inc.
Alex Jackson
CFO
403.930.7191
[e-mail]
www.gpeservices.ca