Aveda Transportation and Energy Services Announces Opening of Oklahoma Branch and Closing of Increase to Senior Lending Facil...

Aveda Transportation and Energy Services Inc. ("Aveda" or the "Company") (TSX
VENTURE: AVE), a leading provider of oilfield hauling services and equipment
rentals to the energy industry, today announces that, it has closed the increase
to its asset based lending facility at $125.0 million (as previously announced
on June 12, 2014). The Company also plans to expand its operational footprint by
opening a new branch in Oklahoma.


The Company also announces that it has reached an agreement with a new customer
operating in the Mississippian Basin in Oklahoma and Kansas to provide a minimum
threshold of monthly rig moves for a one year period in the region. The minimum
rig moving thresholds in this region will give Aveda a solid starting position
from which to grow. Accordingly, Aveda is planning on opening a new branch in
Oklahoma in the third quarter of 2014. A portion of the assets to be acquired
pursuant to the acquisition of Precision Drilling Corporation's US rig moving
assets (as previously announced on June 16, 2014) are expected to be allocated
to this new location. The Company estimates there are approximately 260 drilling
rigs operating in the planned Oklahoma branch's service region which will
include Northern Texas, Oklahoma and Kansas. This branch is anticipated to
generate between $12.0 and $18.0 million in revenue in 2015.


"This is another customer led opportunity for Aveda to expand its operational
footprint," said Kevin Roycraft, President and CEO of Aveda. "Our growth in
Texas was directly as a result of customers demanding us to expand into new
markets. The opening of our Oklahoma branch demonstrates the continued faith our
customers have in our ability to deliver operational excellence and perform high
quality rig moves."


About Aveda Transportation and Energy Services

Aveda provides specialized transportation services and equipment required for
the exploration, development and production of petroleum resources in the
Western Canadian Sedimentary Basin and in the United States of America
principally in and around the states of Texas, Pennsylvania and North Dakota.
Transportation services include both the equipment necessary to move the load as
well as a trained, professional driver capable of securing, moving and
manipulating the load at its origin and destination. Aveda's rental operations
include the rental of tanks, mats, pickers, light towers and other equipment
necessary for oilfield operations.


Aveda was incorporated in 1994 as a private company to serve the oil and gas
industry. In the spring of 2006 the Company went public on the TSX Venture
Exchange. Aveda has major operations in Calgary, AB, Slave Lake, AB, Leduc, AB,
Sylvan Lake, AB, Edson, AB, Mineral Wells, TX, Pleasanton, TX, Midland, TX,
Williamsport, PA, Williston, ND, and Buckhannon, WV. Aveda is publicly traded on
the TSX Venture Exchange under the symbol AVE. For more information on Aveda
please visit www.avedaenergy.com.


This News Release contains certain forward-looking statements and
forward-looking information (collectively referred to herein as "forward-looking
statements") within the meaning of applicable Canadian securities laws. All
statements other than statements of present or historical fact are
forward-looking statements. Forward-looking statements are often, but not
always, identified by the use of words such as "anticipate", "achieve", "could",
"believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate",
"outlook", "expect", "may", "will", "project", "should" or similar words,
including negatives thereof, suggesting future outcomes. In particular, this
News Release contains forward-looking statements relating to: demand for the
Company's services and general industry activity level; the Company's growth
opportunities; and expectation to maintain revenue and equipment utilization.
Aveda believes the expectations reflected in such forward-looking statements are
reasonable as of the date hereof but no assurance can be given that these
expectations will prove to be correct and such forward-looking statements should
not be unduly relied upon. 


Various material factors and assumptions are typically applied in drawing
conclusions or making the forecasts or projections set out in forward-looking
statements. Those material factors and assumptions are based on information
currently available to Aveda, including information obtained from third party
industry analysts and other third party sources. In some instances, material
assumptions and material factors are presented elsewhere in this News Release in
connection with the forward-looking statements. Readers are cautioned that the
following list of material factors and assumptions is not exhaustive. Specific
material factors and assumptions include, but are not limited to:




--  the completion of the acquisition of Precision Drilling Corporation's US
    rig moving assets announced on June 16, 2014 (the "Acquisition");
--  the performance of Aveda's businesses, including the Acquisition assets,
    current business and economic trends;
--  oil and natural gas commodity prices and production levels;
--  capital expenditure programs and other expenditures by Aveda and its
    customers;
--  the ability of Aveda to retain and hire qualified personnel;
--  the ability of Aveda to obtain parts, consumables, equipment,
    technology, and supplies in a timely manner to carry out its activities;
--  the ability of Aveda to maintain good working relationships with key
    suppliers;
--  the ability of Aveda to market its services successfully to existing and
    new customers;
--  the ability of Aveda to obtain timely financing on acceptable terms;
--  currency exchange and interest rates;
--  risks associated with foreign operations;
--  changes under governmental regulatory regimes and tax, environmental and
    other laws in Canada and the United States; and
--  a stable competitive environment.



Forward-looking statements are not a guarantee of future performance and involve
a number of risks and uncertainties, some of which are described herein. Such
forward-looking statements necessarily involve known and unknown risks and
uncertainties, which may cause Aveda's actual performance and financial results
in future periods to differ materially from any projections of future
performance or results expressed or implied by such forward-looking statements.
These risks and uncertainties include, but are not limited to, the risks
identified in Aveda's annual information form and management discussion and
analysis for the year ended December 31, 2013 (the "MD&A"). Any forward-looking
statements are made as of the date hereof and, except as required by law, Aveda
assumes no obligation to publicly update or revise such statements to reflect
new information, subsequent or otherwise. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.



FOR FURTHER INFORMATION PLEASE CONTACT: 

For more information, please contact:

Bharat Mahajan, CA
Vice President, Finance and Chief Financial Officer
(403) 264-5769
bharat.mahajan@avedaenergy.com
Aveda Transportation and Energy (TSXV:AVE)
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