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Great Prairie Energy Services Inc. Provides Update on Repayment Demand and Appointment of Receiver

CALGARY, ALBERTA--(Marketwired - Jan. 22, 2016) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Great Prairie Energy Services Inc. (TSX VENTURE:GPE) ("Great Prairie" or the "Company") announces that today an order appointing Grant Thornton Limited as receiver and manager of the assets, undertakings and properties of the Company was granted by the Court of Queen's Bench of Alberta. All of the Company's board of directors and officers have resigned with the appointment of the Receiver.

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.

Great Prairie Energy Services Inc.
Rob Jepson
Chief Executive Officer
587.287.5390
rjepson@gpeservices.ca

Great Prairie Energy Services Inc.
Alex Jackson
President
403.930.7191
ajackson@gpeservices.ca
www.gpeservices.ca



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