Flint Energy Services Reorganizes Several Business Units

Flint Energy Services Ltd. has reorganized its Oilfield Transportation, Tubular Management and Manufacturing operations in Canada with changes in the management team and reporting structure. Effective August 15, 2007 Shawn Carry has been appointed Vice President of Transco Energy Services Ltd. (Transco), Flint's Oilfield Transportation operating segment, and will report directly to Bill Lingard, President and CEO of Flint. David Kastelic, currently Vice President of Tubular Management and Manufacturing, will continue in that role and also report directly to Bill Lingard. At the same time Flint announced the retirement of Tim O'Brien, Senior Vice President of Transportation, Tubular Management and Manufacturing, effective October 31, 2007.

Shawn Carry, who came to Flint with the Transco acquisition in December 2006, has over 20 years of experience in the transportation business starting with Joyline Inc., a private trucking operation that was acquired by Transco Energy Services Ltd. in 2004. Shawn has held several management positions including President Joyline, Controller Joyline and VP Tubular Management Flint. He is well respected by customers and employees for his knowledge and reputation in the oilfield transportation sector.

Flint's Oilfield Transportation operating segment (Transco), offers drilling and service rig moving, off road transport, light hauling, and specialized heavy module hauling services to Western Canadian oil and gas producers. The Oilfield Transportation operating segment will continue to use the name Transco in Alberta and Saskatchewan, and the name MPO (Mighty Peace Oil) in British Columbia, combined with the Flint arrowhead logo.

David Kastelic, who joined Flint in April of this year, brings over 25 years of experience in energy pipe and tubular services. David holds a Bachelor of Commerce degree from the University of Alberta and received his CMA designation in 1983. He has held several senior roles including COO FI Oilfield Services Canada Ltd., President Premium Pipe Services Ltd. and CFO Slurry Cementers Limited. He is very well known in the industry and has been involved in a number of industry associations, including Past President of the Edmonton Oilfield Technical Society.

Flint's Tubular Management and Manufacturing operations provide a full range of services for drill pipe, production tubing and rods including inspection, repair, refurbishment, linings, couplings, premium threading and storage throughout Western Canada. Flint's Global Poly Systems, the polyethylene pipe manufacturing and sales company, is also part of this division.

Bill Lingard said, "I am very pleased to have Shawn Carry and Dave Kastelic in the leadership roles of these two important divisions. Their respective experience and enthusiasm will accelerate improving our performance in each. During the last nine months Tim O'Brien has played a very important role leading the integration of Transco for Flint. He will continue to assist Shawn and Dave during the next couple of months as he transitions to retirement. On behalf of Flint, I wish to thank Tim for his many years of service to the company. We are now positioned to efficiently deliver the oilfield transportation and tubular management services to meet our client's needs throughout our established regional structure. We continue to find good synergies between our operating divisions allowing us to reduce cost and expand our business."

Flint is a market leader providing an expanding range of integrated products and services for the oil and gas industry including: production services, facility infrastructure, oilfield transportation, tubular management services, process equipment design and manufacturing, and plant maintenance. Flint provides this unique breadth of products and services through over 60 strategic locations in the oil and gas producing areas of western North America, from Inuvik in the Northwest Territories to Mission, Texas on the Mexican border. Flint is a preferred provider of infrastructure construction management, module fabrication, and maintenance services for upgrading and production facilities in Alberta's fast growing oil sands sector. Flint Energy Services Ltd. is a publicly traded company listed on the Toronto Stock Exchange under the symbol "FES".