Canadian Oilfield Solutions Corp. Announces Change to 2012 Interim Financial Statements

Canadian Oilfield Solutions Corp. (TSX VENTURE:OTS) (the "Company") announces
that its interim financial reports as at and for the interim periods ended March
31, 2012, June 30, 2012 and September 30, 2012 (the "2012 Interim Reports") have
not been reviewed by an auditor. While the 2012 Interim Reports did not state
that they had been reviewed by an auditor, such reports did not contain a notice
indicating that they had not been reviewed by an auditor, as required under
National Instrument 51-102 Continuous Disclosure Obligations ("NI 51-102"). As a
result, the Alberta Securities Commission has noted the Company in default under
category 2(a) of CSA Notice 51-322 Reporting Issuer Defaults (the "Deficiency").


In order to correct the Deficiency, the Company is required to re-file the 2012
Interim Reports and concurrently with such filing, the Company's Chief Executive
Officer and Chief Financial Officer (or persons acting in such capacity) are
required by securities legislation to personally certify that the 2012 Interim
Reports and corresponding management's discussion and analyses ("2012 Interim
MD&A"), in effect, do not contain a misrepresentation and fairly present in all
material respects the financial condition, results of operations and cash flows
of the Company. Since the Company's current management was not involved in the
capacity of Chief Executive Officer or Chief Financial Officer with the Company
during the periods in question, the certifying officers need to complete due
diligence on the 2012 Interim Reports and 2012 Interim MD&A prior to the
re-filing of the 2012 Interim Reports. Further, as disclosed in the Company's
April 10, 2013 press release, the Company currently does not have a Chief
Financial Officer.


Accordingly, to remedy the Deficiency: (a) the Company will need to appoint a
Chief Financial Officer; (b) the Company's Chief Executive Officer and Chief
Financial Officer must complete sufficient due diligence on the 2012 Interim
Reports and 2012 MD&A so that they can make the certifications; and (c) the
Company must re-file the 2012 Interim Reports along with certifications of the
Chief Executive Officer and Chief Financial Officer pursuant to National
Instrument 52-109 Certification of Disclosure.


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
www.cotsoilfield.com


For investor relations please contact
Working Capital Corporation
Tony Nunziata
(403) 560-7040
www.workingcapitalcorp.com

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