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PHX Energy Announces Annual Meeting Voting Results for Election of Directors

T.PHX

CALGARY, Alberta, May 07, 2021 (GLOBE NEWSWIRE) -- PHX Energy Services Corp. (" PHX Energy ") is pleased to announce the voting results for the election of directors at its annual meeting of shareholders held on May 7, 2021 (the " Meeting "). The following seven nominees were elected as directors of PHX Energy to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with shares represented at the Meeting voting in favour of individual nominees as follows:

FOR WITHHELD
Randolph M. Charron 99.67% 0.33%
Karen David Green 99.82% 0.18%
Terry D. Freeman 99.94% 0.06%
Lawrence M. Hibbard 99.70% 0.30%
John M. Hooks 99.92% 0.08%
Myron A. Tétreault 99.76% 0.24%
Roger D. Thomas 99.76% 0.24%


About PHX Energy Services Corp.

The Corporation, through its directional drilling subsidiary entities, provides horizontal and directional drilling technology and services to oil and natural gas producing companies in Canada, the US, Russia, and Albania.

The common shares of PHX Energy are traded on the Toronto Stock Exchange under the symbol "PHX".

For further information please contact:

PHX Energy Services Corp.
John Hooks
Chief Executive Officer
Phone: (403) 543-4466

or

PHX Energy Services Corp.
Cameron Ritchie
Senior Vice President, Finance and Chief Financial Officer
Phone: (403) 543-4466

or

visit our website at www.phxtech.com


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