Savanna to Release Q3 2007 Results on November 6, 2007

    TSX - SVY

    CALGARY, Oct. 23 /CNW/ - Savanna Energy Services Corp. ("Savanna")
intends to release its Third Quarter 2007 results after markets close on
Tuesday, November 6, 2007. The results will be available on the Company's web
site after the dissemination has taken place over the news wire service.
    Savanna will host a conference call for analysts, investors and
interested parties on Wednesday, November 7, 2007 at 9 a.m. Mountain Time
(11 a.m. Eastern Time) to discuss the Company's 2007 third quarter results.
The call will be hosted by Ken Mullen, Savanna's President and Chief Executive
Officer and Darcy Draudson, Chief Financial Officer.
    If you wish to participate in this conference call, please call
1-888-892-3255 (for participants in North America). Please call at least 10
minutes ahead of time.
    A replay of the call will be available until November 14, 2007 by dialing
1-800-937-6305 and entering passcode 798996.

    Savanna Energy Services Corp. is a leading North American contract
drilling and oilfield services company providing a broad range of drilling,
well servicing and related services with a focus on fit for purpose
technologies for the North American market and industry-leading aboriginal
relationships. Savanna operates 94 drilling rigs, 48 well servicing rigs and
8 coil service units in Canada and the United States.

    %SEDAR: 00019742E

For further information:

For further information: Ken Mullen, President and Chief Executive
Officer, Telephone: (403) 267-6726, Fax: (403) 267-6749; or Darcy Draudson,
Chief Financial Officer, Telephone: (403) 267-6727, Fax: (403) 267-6749

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Savanna Energy Services Corp.

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