Savanna Energy Services Corp. to Commence Quarterly Dividends



    TSX-SVY

    CALGARY, Aug. 10 /CNW/ - Savanna Energy Services Corp. ("Savanna")
announces that its Board of Directors has determined to commence quarterly
dividend payments to holders of Common Shares. It is anticipated that the
first dividend payment will have a record date of October 1, 2007, and be
payable on October 15, 2007. The ex-dividend date is September 27, 2007.
    The first quarterly dividend payment will be $C 0.025 per share.

    Headquartered in Calgary, Alberta, Savanna's principal operations are in
Canada, although the Company also carries on operations in the United States.
Savanna is a leading drilling and well servicing contractor continuing a
modern proprietary equipment offering with industry leading First Nations
partnerships.

    %SEDAR: 00019742E




For further information:

For further information: Savanna Energy Services Corp.: Ken Mullen,
President and CEO, Tel: (403) 267-6726, Fax: (403) 267-6749,
kmullen@savannaenergy.com, www.savannaenergy.com; Darcy Draudson, VP Finance
and CFO, Tel: (403) 267-6727, Fax: (403) 267-6749,
ddraudson@savannaenergy.com, www.savannaenergy.com

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Savanna Energy Services Corp.

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