Hyduke Announces Results of Vote for Election of Directors

TSX Symbol: HYD

NISKU, AB, June 17, 2013 /CNW/ - Hyduke Energy Services Inc. ("Hyduke" or the "Company") (TSX: HYD) reports that at its Annual and Special Meeting of Shareholders held on June 13, 2013 there were a total of 104 shareholders voting in person and by proxy holding 10,276,261 common shares being 42.47% of the total number of Hyduke's issued and outstanding common shares.

The results of the vote for the election of directors are as follows:

Each of the directors listed as nominees in the management proxy circular dated April 19, 2013 were elected directors of the Company until the next Annual Meeting, however, according to a Majority Voting Policy of Hyduke, if the number of proxy votes withheld for a particular director nominee is greater than the votes in favour of such nominee, the director nominee is required to promptly submit his/her resignation to the Chair of Board of Directors following the applicable meeting of the corporation's shareholders.  As a consequence of the above voting results, Mr. Erv Lack has tendered his resignation and it has been accepted by the Chair of the Board of Directors.

In a directors' meeting held subsequent to this shareholders' meeting, Mr. John Pinsent was appointed as Chair of the Board of Directors of Hyduke.

Additionally, Mr. David Yager was appointed to the Board of Directors of Hyduke.  David Yager is an experienced executive and board member with a long career in the Western Canadian energy industry.  Some of Dave's extensive experience includes: Chairman and CEO of HSE Integrated Ltd. (a TSX listed company) from 2003 to 2012; founder, President and Director of Integrated Production Services Ltd. (a TSX listed company) from 1994 to 2002; founder, Director and Officer of Tesco Corporation (a TSX listed company) from 1988 to 1994; Director of the Petroleum Services Association of Canada (PSAC) from 2006 to 2011, and Chairman of PSAC from 2009 to 2011.

About Hyduke
Hyduke is an integrated oilfield services company with over thirty years experience in the manufacture, repair and distribution of oilfield equipment and supplies in Canada and worldwide.  Hyduke specializes in providing customized, integrated solutions to the drilling and well service industries including:

• Turn-Key Equipment - drilling rig and service rig packages including in-house design, engineering and drafting, major component procurement and overall project management;
• Life Cycle Management - inspection, certification, service, repair and supply services throughout the operating life of the drilling or well service rig; and
• Single Source Supply - providing new capital equipment, repair and maintenance on existing capital equipment and supply of operating consumables.

The Company operates its businesses through a number of subsidiaries operating in four segments:

Manufacturing: The Manufacturing segment includes the design, manufacture, refurbishment and repair of land-based drilling rigs, well service and workover rigs, drilling support equipment, well service and workover support equipment and the distribution, service and repair of truck-mounted equipment.

Distribution: The Distribution segment includes the procurement and distribution of spare parts, equipment components, operating supplies and pneumatic controls to the drilling and well service industries.

Other Services: The Other Services segment includes the inspection and certification of drilling rig and well service equipment, the design, manufacture and distribution of cased hole and overburden drilling downhole tools, custom and production machining services, industrial sandblasting and painting, and corporate head office expenses.

Corporate Services: The Corporate Services segment includes costs for management and administration, sales and marketing, accounting and finance and engineering and drafting services provided to all Hyduke operating segments.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release.

SOURCE: Hyduke Energy Services Inc.