New West Energy Services Inc. Announces Its Third Quarter Results

NEW WEST ENERGY SERVICES INC. (TSX VENTURE:NWE) (the "Corporation") is pleased
to announce the results for the Corporation for the three, six and nine month
period ended January 31, 2012.


Revenue for the three month period ended January 31, 2012 totaled $4,712,589 (up
8% from the comparative period January 31, 2011 amount of $4,364,953), for the
six month period ended October 31, 2011 totaled $9,793,827 (up 93% from the
comparative period October 31, 2010 amount of $5,075,144) and for the nine month
period ended January 31, 2012 totaled $14,506,416 (up 54% from the comparative
period January 31, 2011 amount of $9,440,097).


Net income for the three month period ended January 31, 2012 totaled $3,486,140
(up 1015% from the comparative period January 31, 2011 amount of $312,496), for
the six month period ended October 31, 2011 totaled $807,203 (up 270% from the
comparative period October 31, 2010 amount of $218,257) and for the nine month
period ended January 31, 2012 totaled $4,293,343 (up 708% from the comparative
period January 31, 2011 amount of $530,753).


HIGHLIGHTS FOR THIS QUARTER



--  The Corporation completed the sale of certain assets of its drilling
    fluids business for the sum of $3.3 million plus approximately $100,000
    for inventory on January 25, 2012. 
--  Concurrently with the sale, Mr. A. Joseph Scarlett commenced employment
    with the purchaser and resigned as a director and officer of the
    Corporation and of the Corporation's drilling subsidiary. 
--  The Corporation is currently seeking acquisitions and other technologies
    which will complement its current services offered and add future growth
    potential. 



The Corporation's financial statements and its Management Discussion and
Analysis can be found on www.sedar.com.


About New West Energy Services Inc.

The Corporation operates in the oil field service industry in Canada through its
wholly-owned subsidiary BearStone Environmental Solutions Inc. BearStone
provides environmental services to the upstream oil and gas industry and
operates a fleet of specialized vacuum and water trucks.