Canadian Oilfield Solutions Corp. Provides Mexico Update

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Canadian Oilfield Solutions Corp. (TSX VENTURE:OTS) (the "Corporation") is
pleased to provide an update on its Mexican subsidiary operations ("COTS
Mexico"):




--  Further to the announcement dated November 20, 2012 for the sale and
    delivery of 35 kilometers of 4 inch Ansi 900 flexible pipe and
    connectors to a third part contractor with operations in Mexico, COTS
    Mexico confirms that the company has fulfilled all of its obligations
    under the terms of the purchase order. Payment has been received in
    full;
     
--  COTS Mexico has signed a new agreement with its Mexican construction
    partners ("CONTRACTOR") to provide project advanced funding and
    administrative management services for all awarded construction projects
    to the Mexican partner from a major oil and gas service company in
    Mexico in exchange for 50-50 revenue sharing upon CONTRACTOR fulfilling
    all of its financial obligations under the terms of the agreement. Our
    combined efforts will provide greater visibility to fulfilling the needs
    of our clients and pave the way to much larger projects which will
    require additional capital to sustain the growth.
     
--  In the first two months of 2013, COTS Mexico has advanced funding for 12
    new construction projects to its Mexican partners to service contracts
    issued by a major oil and gas service company. The projects have all
    been executed. The project names and the name of the service company
    cannot be disclosed under a confidentiality agreement between the
    parties;
     
--  COTS Mexico is in the final stages of providing advanced funding to
    purchase initial construction equipment from a reseller of Caterpillar
    equipment estimated at approximately $US 1 million, to service an
    initial 3 year contract with estimated annual revenues of 120 million
    pesos (approximately $US 9.5 million annually). COTS Mexico will retain
    title to the equipment until paid for by the Mexican partner who has
    been awarded a contract to provide construction and maintenance services
    to the oil and gas service company. The project has the ability to grow
    annual revenues over a 25 year period depending on results achieved
    under the development program. This initiative is the first of its kind
    awarded by Pemex to a privatized company. The name and terms of the
    project cannot be disclosed due to confidentiality agreements between
    the parties;
     
--  New flexible pipe contracts are under review in both the North and South
    regions. Updates will be provided as the company moves to finalize new
    business.



Headquartered in Calgary, Alberta, Canadian Oilfield Solutions Corp. provides an
array of specialized products and services that are used in the production of
oil and gas reserves.


FORWARD-LOOKING INFORMATION

This document contains information that constitutes forward-looking information
and financial outlook within the meaning of applicable securities legislation.
This forward-looking information and financial outlook is identified by the use
of terms and phrases such as "anticipate," "achieve", "achievable," "believe,"
"estimate," "expect," "intend", "plan", "planned", and other similar terms and
phrases. This information and outlook speaks only as of the date of this
document and we do not undertake to publicly update the forward-looking
information and financial outlook contained in this document except in
accordance with applicable securities laws. 


Forward-looking information and financial outlook is based on current
expectations, estimates, projections and assumptions, which we believe are
reasonable but which may prove to be incorrect and therefore such
forward-looking information and financial outlook should not be unduly relied
upon. In addition to other factors and assumptions which may be identified in
this document, assumptions have been made regarding, among other things:
industry activity; the general stability of the economic and political
environment; effect of market conditions on demand for the Company's products
and services; the ability to obtain qualified staff, equipment and services in a
timely and cost efficient manner; the ability to operate its business in a safe,
efficient and effective manner; the performance and characteristics of various
business segments; the effect of current plans; the timing and costs of capital
expenditures; future oil and natural gas prices; currency, exchange and interest
rates; the regulatory framework regarding royalties, taxes and environmental
matters in the jurisdictions in which the Company operates; and the ability of
the Company to successfully market its products and services.


Forward-looking information and financial outlook is subject to a number of
risks and uncertainties, which could cause actual results to differ materially
from those anticipated. These risks and uncertainties include: customers'
completion of expected work programs; fluctuating prices for crude oil and
natural gas; changes in drilling activity; general global economic, political
and business conditions; weather conditions; regulatory changes; the successful
exploitation and integration of technology; customer acceptance of technology;
success in obtaining issued patents; the potential development of competing
technologies by market competitors; and availability of products, qualified
personnel, manufacturing capacity and raw materials, and COS's successful
performance under contracts.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Canadian Oilfield Solutions Corp.
Ken Berg
President and Chief Executive Officer
(403) 543-0060
(403) 543-0069 (FAX)
kberg@cotsoilfield.com


Canadian Oilfield Solutions Corp.
David Burgess
Chief Financial Officer
(403) 543-0060
(403) 543-0069 (FAX)
dburgess@cotsoilfield.com
www.cotsoilfield.com


Working Capital Corporation
Tony Nunziata
Investor Relations
(403) 560 7040
Divergent Energy Services Corporation (TSXV:OTS)
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