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News Room / Intercept Energy Services Inc. Completes Amalgamation with Wholly-Owned Subsidiary

Intercept Energy Services Inc. Completes Amalgamation with Wholly-Owned Subsidiary

January 6, 2014 - Intercept Energy Services Inc. (the "Company" or "Intercept") - TSX Venture: IES has completed a vertical short-form amalgamation pursuant to the Business Corporations Act (Alberta) with its wholly owned operating subsidiary 1503826 Alberta Ltd. operating as Intercept Rentals. Pursuant to the amalgamation, all of the assets, obligations and liabilities of Intercept Rentals will be assumed by Intercept. No securities of Intercept will be issued in connection with the amalgamation and the share capital of the Intercept will remain unchanged. The amalgamation of Intercept and Intercept Rentals has been undertaken in order to simplify the corporate structure of Intercept and to reduce administrative costs. The amalgamation will not have any significant effect on the business and operations of Intercept.

INTERCEPT ENERGY SERVICES INC. (http://interceptenergy.ca)

Intercept Energy Services Inc. is an oilfield service company primarily focused on servicing oilfield and gas companies, including their fracing operations. The Company operates a growing number of proprietary, highly efficient and economical water heating units in Western Canada making our system the safest and most environmentally friendly heating unit available.



Phone: 250-247-8689 or 604-687-8855 Toll free 1 866 631 6537 Fax: 604-608-5442 [email protected]

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