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CALGARY, ALBERTA--(Marketwire - Feb. 24, 2011) -

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

Strad Energy Services Ltd. ("Strad" or the "Company") (TSX:SDY) will release its 2010 fourth quarter and year end results on Tuesday, March 8^th after market close. A conference call has been scheduled for Wednesday, March 9^th at 9:00am (MST) to announce these results; the call will be hosted by Henry van der Sloot, Chief Executive Officer.

The dial in number is 1-866-542-4239 or 1-416-340-8527.

If you are unable to listen to the call live, a recording of the call will be made available approximately one hour after the conference call ends.

The replay dial in number is 1-800-408-3053 or 1-905-694-9451.

The pass code for the replay is 5706437. This recording will be made available until Wednesday, March 23^rd.

About Strad Energy Services Ltd.

Strad is a diversified energy services company that focuses on providing oilfield solutions to the oil and natural gas industry in the Western Canadian Sedimentary Basin (WCSB) and throughout the United States. Strad operates with two core divisions: Drilling Services and Production Services. Drilling Services focuses on providing complete customer solutions in drilling-related oilfield equipment for producers active in unconventional resource plays. Production Services focuses on delivering a range of products and services to support the ongoing maintenance of natural gas and oil production.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.