Calfrac Announces Dividend

CALGARY, Sept. 12, 2014 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX–CFW) is pleased to announce that its Board of Directors has declared a dividend pursuant to its quarterly dividend policy.  The dividend of $0.125 per common share will be paid on October 15, 2014 to shareholders of record on September 30, 2014.

Calfrac's common shares are publicly traded on the Toronto Stock Exchange under the trading symbol "CFW".  Calfrac provides specialized oilfield services to exploration and production companies designed to increase the production of hydrocarbons from wells drilled throughout western Canada, the United States, Russia, Mexico, Colombia and Argentina.

SOURCE: Calfrac Well Services Ltd.

For further information: Fernando Aguilar, President and Chief Executive Officer, Telephone: (403) 266-6000, Fax: (403) 266-7381; Michael J. McNulty, Chief Financial Officer, Telephone: (403) 266-6000, Fax: (403) 266-7381; Ian Gillies, Manager, Investor Relations, Telephone: (403) 266-6000, Fax: (403) 266-7381

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http://www.calfrac.com

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