Canadian Oilfield Solutions Corp.: Operations Update

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Canadian Oilfield Solutions Corp. (the "Corporation") (TSX VENTURE:OTS) is
pleased to provide an update on its Operations as follows:


Project management and financing (Mexico Construction)

The Corporation continues to execute on its construction finance business in
Mexico with the successful completion of multiple construction projects. One of
the projects was of considerable scope, requiring in excess of USD 2.2 million
working capital, and was completed in early Q3 both under budget and ahead of
schedule. Our third project of significant scope is under way with an estimated
completion of mid Q1 2014. In addition to current operations, the Corporation is
pursuing several new projects with start dates ranging throughout Q4 2013 and
into Q1 2014, and are expected to run concurrently with varying timelines of 60
to 150 days to completion. The projects include the construction of new access
roads and drilling sites, and require capital budgets ranging from USD $1
million to $10 million each. All new projects are contingent on the
Corporation's ability to provide the required working capital.


Pipe sales and installation (Mexico)

The Corporation has established new sales of flexible steel pipe products in
Southern Mexico with a key client who has chosen to work exclusively with
steel-based flexible pipe products. The new client brings considerable
credibility to the product's performance, and management expects the client will
provide a consistent volume of pipe work in the future. Under the arrangement,
the Corporation is currently providing funding for two flexible pipe
installations, one 4" and another 6" in diameter, with combined lengths of 4.8
km. The Corporation will share in the profits from the products and services.
The installations are estimated to be completed in mid-December 2013, and
additional pipe projects are anticipated throughout 2014. Flexible pipe projects
in the Northern region have experienced delays due to Pemex funding restraints,
but these budget restraints are not expected to continue through 2014. Several
projects in the Northern region are currently under review by Pemex and if
approved are expected to have budgets released in Q1 2014.


The Bitzalcobo pipe project in the Southern region, which began in Q3 2011 as a
test project to investigate the installation capabilities of flexible steel pipe
over challenging terrain, is on its final phase and expected to be completed in
Q4 2013. The terrain included swamps, riverbeds, and mountain tunnels and has
exceeded the expectations of Pemex. The success of the project validates the
wide range of terrain that can be crossed using FlexSteel(TM) products and is
expected to generate future opportunities for the Corporation.


Pump sales and services

The Corporation's submersible pump business continues its growth and
diversification, and has recently been awarded preferred vendor status from a
major client operating in the Powder River Basin in Wyoming. Management
anticipates the additional work will provide substantial growth to the
operations in Wyoming. The Corporation has added Electric Submersible
Progressing Cavity Pumps to its product offering. This pump design has increased
the number of well types that can be serviced.


The Corporation also continues to grow its distribution network of electric
submersible motors, and has received its first order from a large client in the
Canadian copper mining industry. The Corporation's distribution network now
includes energy, mining, agriculture and municipal/industrial water industries.


Headquartered in Calgary, Alberta, Canadian Oilfield Solutions Corp. provides an
array of specialized products and services that are used in the energy, mining,
and industrial & agricultural water industries.


Neither the 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.


This document contains information that constitutes forward-looking information
under applicable securities legislation. All statements, other than those of
historical fact, which address activities, events, outcomes, results or
developments that the Corporation anticipates or expects may or will occur in
the future (in whole or in part) should be considered forward-looking
information. In some cases, forward-looking information can be identified by
terms such as "forecast", "future", "may", "expect", "anticipate", "believe",
"potential", "enable", "plan", "continue", "contemplate", or other comparable
terminology. In particular, this document contains statements regarding
projected revenue and future operations of the Corporation. The purpose of the
estimated revenue in this document is to assist the Corporation in estimating
its capital requirements. Readers are cautioned that the estimated revenues may
not be suitable for other purposes.


Forward-looking information is based on current expectations, estimates,
projections and assumptions, which the Corporation believes are reasonable but
which may prove to be incorrect and therefore such forward-looking information
should not be unduly relied upon. The forward-looking information in this
document is based upon on various assumptions, including the assumption that the
Corporation's contracts will be completed in accordance with their terms and
according to schedule; the projects will not be unduly delayed due to weather or
underground conditions at the project sites; assumptions regarding industry
activity; the general stability of the economic and political environment;
effect of market conditions on demand for the Corporation'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 Corporation operates; and the ability
of the Corporation to successfully market its products and services.


Further, there is a multitude of risks that may cause the Corporation's actual
results to differ materially from those contemplated (whether expressly or by
implication) in the forward-looking information in this document. These risks
include, without limitation, risks of counterparties breaching contracts;
construction risks; economic risks; the risk that revenues may not be received
in the timeframe that is projected in this document; uncertainty regarding
underground conditions; financing risks; solvency risks; tax risks; and
legislative and regulatory developments; 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 the Corporation's successful performance under
contracts. Readers are cautioned that the above list of factors is not
exhaustive. Other factors which could cause actual results, performance or
achievements of the Corporation to differ materially from those contemplated
(whether expressly or by implication) in the forward-looking statements or other
forward-looking information are disclosed in the Corporation's publicly filed
disclosure documents.


The Corporation is not obligated to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise,
except as required by applicable laws. Because of these risks, uncertainties and
assumptions, prospective investors should not place undue reliance on these
forward-looking statements. The foregoing statements expressly qualify any
forward-looking information stated in this document.


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.
Scott Hamilton
Chief Financial Officer and Corporate Secretary
(403) 543-0060
(403) 543-0069 (FAX)
shamilton@cotsoilfield.com
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