Calfrac announces dividend

    CALGARY, June 12 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW)
is pleased to announce that its Board of Directors has declared a dividend
pursuant to its semi-annual dividend policy. The dividend of $0.05 per common
share will be paid on July 15, 2009 to shareholders of record on June 30,

    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 and Argentina.

    %SEDAR: 00002062E

For further information:

For further information: Douglas R. Ramsay, President and Chief
Executive Officer, Telephone: (403) 266-6000, Fax: (403) 266-7381; Laura A.
Cillis, Senior Vice President, Finance and Chief Financial Officer, Telephone:
(403) 266-6000, Fax: (403) 266-7381; Tom J. Medvedic, Senior Vice President,
Corporate Development, Telephone: (403) 266-6000, Fax: (403) 266-7381

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