WSIPC Chooses D2L to Modernize Learning for More Than 700,000 Learners

WATERLOO, ON–(Marketwired – March 23, 2017) – D2L is continuing to gain momentum and be chosen by organizations who want to reach every learner. Today, the global learning technology leader announced a partnership with WSIPC to reach and engage almost three quarters of a million learners.

WSIPC members can now choose D2L’s award-winning Brightspace learning management system (LMS) to deliver a modern learning experience that reaches, stimulates and engages every learner. The platform will be available to members at a pre-negotiated cost, allowing them to bypass the burden of a complex and time-consuming RFP.

WSIPC is a public non-profit cooperative that provides K-12 public and private schools in Washington, Oregon, Idaho, Montana, and Alaska with technology solutions, services and support. Nearly 730,000 students across 280 school districts and more than 1,500 schools rely on those services.

„Schools today are finding it increasingly difficult to keep up with the lastest technology,” said Marty Daybell, WSIPC executive director and CEO. „Through this partnership with D2L, our member schools will gain access to its cutting-edge Brightspace platform — completely transforming the learning experience for hundreds of thousands of children.”

„K-12 learners represent our future, and should no longer saddled with learning tools from the past,” said John Baker, CEO of D2L. „Through this partnership with WSIPC, we can deliver the modern experience learners expect, keeping them engaged, energized and eager to grow.”

ABOUT WSIPC

WSIPC is a non-profit cooperative empowering schools with a powerful lineup of technology solutions. WSIPC is the exclusive provider of Skyward K-12 products in Washington State and delivers enhanced software services to Skyward users in Alaska, Idaho, Montana, and Oregon. Learn more at wsipc.org, download the WSIPC App, and follow us on social media.

ABOUT BRIGHTSPACE

D2L’s Brightspace is a learning management system (LMS) that helps schools and institutions deliver personalized learning in a classroom or online to people anywhere in the world. Created for the digital learner, Brightspace is cloud-based, runs on mobile devices, and offers rich multimedia to increase engagement, productivity and knowledge retention. The platform makes it easy to design courses, create content, and grade assignments, giving instructors more time to focus on what’s most important — greater teaching and learning. At the same time, analytics reports track and deliver insights into the performance levels of departments, courses, or individuals.

Brightspace was recently named the #1 LMS in Higher Ed by Ovum Research and #1 in Adaptive Learning by eLearning Magazine. In addition, Aragon Research included Brightspace in its highly-coveted Hot Vendors In Learning list.

ABOUT D2L

D2L is the software leader that makes the learning experience better. The company’s cloud-based platform is easier to use, more flexible, and smart. With Brightspace, companies can personalize the experience for every learner to deliver real results. The company is a world leader in learning analytics: its platform predicts learner performance so that companies can take action in real-time to keep employees on track. Brightspace is used by learners in higher education, K-12, and the enterprise sector, including the Fortune 1000. D2L has operations in the United States, Canada, Europe, Australia, Brazil, and Singapore. www.D2L.com/brightspace.

Twitter: @D2L

© 2017 D2L Corporation.

The D2L family of companies includes D2L Corporation, D2L Ltd, D2L Australia Pty Ltd, D2L Europe Ltd, D2L Asia Pte Ltd, and D2L Brasil Soluções de Tecnologia para Educação Ltda.

All D2L marks are trademarks of D2L Corporation. Please visit D2L.com/trademarks for a list of D2L marks.

Image Available: http://www.marketwire.com/library/MwGo/2017/3/23/11G133942/Images/WSIPC-750a0fd25694be92b471dff0030d949a.jpg

Talent Function to Spotlight Future-Facing Talent Acquisition Strategies at ERE Recruiting Conference

/EINPresswire.com/ — SAN DIEGO, CA–(Marketwired – Mar 23, 2017) –

WHO: 
Talent Function, reinventing Talent Acquisition for leading global organizations

WHAT: 
Will exhibit at the upcoming ERE Recruiting Conference

WHEN: 
Tuesday, April 18 – Thursday, April 20, 2017

WHERE: 
San Diego Marriott Marquis and Marina
333 W. Harbor Drive
San Diego, Calif. 

Talent Function will exhibit at Booth No. 302.

DETAILS:
As the war for talent continues, successful Talent Acquisition requires more than a one-size-fits-all approach. Today’s employers need to implement strategies and technologies that attract and engage talent, improve recruiter, manager and candidate experiences and ultimately, deliver successful hiring. This requires understanding, selecting and implementing strategies and solutions that support recruiting practices based on current and future hiring needs. 

During the ERE Recruiting Conference, consultants from Talent Function will be on-site to discuss the best ways to identify, deploy or optimize talent acquisition strategies and solutions. The Talent Function team will also showcase client case studies and host conversations with industry veterans and Talent Acquisition leaders about the strategies and technologies that can improve hiring outcomes in the years to come. Conference attendees interested in learning how Talent Function works to enable „The Future of Talent Acquisition” are encouraged to schedule a one-on-one meeting, or stop by and visit company consultants at Booth No. 302 during exhibition hours.

In addition to the conference, Talent Function will co-host a Talent Board Candidate Experience (CandE) Awards reception on Wednesday, April 19, 2017 at 6:00 p.m. PDT. If interested in attending, contact Talent Function to request a special VIP invitation at: http://www.talentfunction.com/contact-us.

About Talent Function
Talent Function reinvents Talent Acquisition for leading global organizations. We help our clients succeed with comprehensive and forward-looking strategies, leading technologies, best business processes, and smooth deployments to deliver ROI and business performance. We’re strategic, specific and practical. We have the humility to listen carefully, the creativity and experience to innovate, the expertise to do things right the first time, and the passion to make clients successful. And we love doing it. To learn more, visit www.talentfunction.com.

Bestpass Launches Leased Equipment Toll Solution to Engage New Market

ALBANY, N.Y., March 23, 2017 /PRNewswire/ — Bestpass today announced its newly launched Leased Equipment Toll Solution (LETS), a customizable toll management service for leased equipment providers, including not only tractors and trailers, but also other vehicles of all shapes and sizes.

Traditionally providing single-source payment and streamlined national toll management service to commercial trucking fleets, launching LETS allows Bestpass to engage a sizeable new market. The new solution is the first of its kind and includes features such as seamless rebilling from lessor to lessee; the ability to transfer transponders from leased provider to customer accounts and back again; and the ability to customize and white label the Bestpass service according to each leased provider’s needs. Bestpass has already deployed LETS as part of a pilot program with a leading national leased service provider.

„LETS is a win for everyone involved,” said John Andrews, president and CEO of Bestpass. „The leased equipment providers save a substantial amount of time dealing with toll while adding a great deal of value to their customers. The lessees get coast-to-coast toll coverage, as well as a comprehensive and accurate accounting of their toll. And the tolling authorities benefit by a reduction in violations and a guarantee in payment through their existing relationship with Bestpass, which last year processed more than $450 million in toll.”

Lessees who are existing Bestpass customers will have the option to seamlessly transfer transponders in their leased vehicles to their Bestpass account for the duration of the lease, further simplifying toll tracking and management and allowing the customer to retain their regular Bestpass discounts, account fees and features. All LETS customers will have access to national toll coverage via Bestpass, including 100 percent of the major U.S. toll roads and more than 40 tolling groups.

Bestpass currently has nearly 4,000 customers with more than 300,000 transponders on the road and is processing approximately $1.5 million in toll every day. To date, the company has saved its customers more than $65 million in toll-related costs, including significant back-office toll management time and effort.

About Bestpass, Inc.
Bestpass is in the business of saving commercial fleets and drivers time and money. Founded in 2001 by the Trucking Association of New York, Bestpass provides nationwide streamlined toll management services, including consolidated billing, volume discounts, violation processing and a single service compatible with more than 40 tolling groups and all weigh station bypass networks. With more than $40 million in toll processed each month, Bestpass is a trusted partner both on the road and in the back office. To learn more, visit www.bestpass.com

MEDIA CONTACT
Nick Crounse
(518) 458-1579 x215
ncrounse@bestpass.com

SOURCE Bestpass, Inc.

EFSA to give advice on the intake of sugar added to food

EFSA will provide scientific advice on the daily intake of added sugar in food by early 2020. The Authority aims to establish a science-based cut-off value for daily exposure to added sugars from all sources which is not associated with adverse health effects. The work will be carried out following a request from Denmark, Finland, Iceland, Norway and Sweden.

Added sugars from all sources comprise sucrose, fructose, glucose, starch hydrolysates such as glucose syrup, high-fructose syrup, and other sugar preparations consumed as such or added during food preparation and manufacturing.

The adverse health effects under consideration will include body weight, glucose intolerance and insulin sensitivity, type-2-diabetes, cardiovascular risk factors, as well as dental caries. In its assessment, EFSA will look at the general healthy population, including children, adolescents, adults and the elderly.

The advice will guide Member States when establishing recommendations for the consumption of added sugars and in planning food-based dietary guidelines.

Sweden is coordinating the request to EFSA on behalf of the five Nordic countries. Annica Sohlström, the Director General of the Swedish National Food Agency, said: “We welcome EFSA’s acceptance of the mandate which reflects the need to scientifically evaluate the links between added sugar and health at a European level.”

What is going to happen next?

EFSA will establish an ad-hoc working group with expertise in dietary exposure, epidemiology, human nutrition, diet-related chronic diseases and dentistry. The five Nordic countries that initiated this mandate will be invited to the working group as observers.

EFSA will use its established methodology to develop a protocol on how to carry out the assessment. Known as Prometheus – PROmoting METHods for Evidence Use in Scientific assessments – the method shows how EFSA selects evidence, how this evidence contributes to the risk assessment and how EFSA reports on the entire process and it results.

In line with its commitment to openness and transparency, EFSA will engage with stakeholders throughout the assessment process. It will hold two public consultations, inviting feedback on the draft protocol in the first half of 2018 and on the draft opinion in late 2019, which will also involve a face-to-face meeting with stakeholders.

Background

In 2010, EFSA published its Scientific Opinion on Dietary Reference Values for carbohydrates and dietary fibre, which also included sugar. At this time, the available evidence was insufficient to set an upper limit for the daily intake of total or added sugars. New scientific evidence has come to light since then. There has also been growing public interest in the impact of the consumption of sugar-containing foods and beverages on human health.

National Center for Learning Disabilities Celebrates 40 Years of Innovation

NEW YORK, March 23, 2017 /PRNewswire-USNewswire/ -- In the midst of ongoing national conversations around educational, civil, and human rights, the National Center for Learning Disabilities (NCLD) leads as a critical voice in protecting the rights of children, adolescents, and adults. Earlier this month, nearly 500 people gathered at New York City's Cipriani 42nd Street to celebrate 40 years of progress by NCLD, which serves to improve the lives of the 1 in 5 people with learning and attention issues in the U.S. The guest list illustrated the diversity of people who have been impacted by NCLD's work, as a parent, educator, employer, or as someone with a personal connection to learning and attention issues. 

On its 40th Anniversary, NCLD honored designer Dao-Yi Chow, co-founder of the fashion line Public School, and Bob Miller, Chairman and CEO of Albertsons Companies, one of the largest food and drug retailers in the U.S. Introduced by his friend, Alex Soros, Dao-Yi Chow told the audience, "The important work of the NCLD is to help remind us that we are all disabled in one way or another. Our children's issues are our issues, and so we must do whatever we can to create a society that best prepares and empowers our children and young adults to be independent and prepared for a successful life in school, work and beyond." Bob Miller, as an employer of over 276,000 people, echoed that sentiment, in saying, "The work that [NCLD does] not only improves lives today, but builds a solid foundation for success for many years to come."

During the event, attendees heard from Ampy Moreno and her son Donovan. Moreno's dyslexia and attention issues were not identified until she was almost finished with high school. Now, poised to open her own hair salon, Moreno has been a strong advocate for her son. "I know that my son's journey will be easier than mine," said Moreno. "Because of Understood and NCLD, parents like mine don't have to be scared, and confused, and ashamed." Understood.org, which NCLD manages and operates, is an innovative digital resource for parents of children with learning and attention issues. Since launching in October 2014, Understood.org has supported over 27 million visitors.

The event also honored two extraordinary high school seniors with the Anne Ford and Allegra Ford Thomas Scholarships. This year's recipients were Marcos Allen and Charlotte Leche, respectively. Both students have worked hard to overcome the challenges of their learning and attention issues and are looking forward to continuing their education. As each one shared an arduous, inspiring journey, the pride and acknowledgement throughout the audience was profound.

"At NCLD, we are working to create a society in which every individual possesses the academic, social and emotional skills needed to succeed in school, at work and in life," said Mimi Corcoran, President and CEO of NCLD. "We know that when they succeed…we all succeed." NCLD strives to inform policy and advocate for equal opportunity; engage parents with personalized support through Understood.org; build the capacity of educators to support all learners; empower young adults as advocates; and strengthen the field through research and collaboration.

Looking to the year ahead, NCLD will be working on an exciting new initiative to connect educators with much needed instructional resources and training opportunities to ensure success for all learners, modeled on the successful Understood.org platform. There will be significant advocacy work to ensure that individuals with learning and attention issues are represented in national and state discussions that transcend silos of general and special education. While headquartered in New York City, NCLD's Washington D.C. office is working with Congressional offices, government agencies, networks and coalitions to influence decision-makers and shape policies that advance opportunities for students with disabilities.

"All of you here tonight hold the keys to NCLD achieving its ambitious goals. It is your willingness to stand for the 1 in 5; to reach out to others; to stay involved, to make a difference, that will enable NCLD to lead the way," Corcoran told the audience. "Together, we can make the world fully accessible and inclusive of the 1 in 5 - one where they thrive." Together, the attendees and sponsors contributed a record $3 million at this 40th Anniversary benefit for NCLD.

For more information about the National Center for Learning Disabilities visit NCLD.org. To access resources and an online community for parents of those with learning and attention issues, visit Understood.org.

About the National Center for Learning Disabilities www.ncld.org
The mission of NCLD is to improve the lives of the 1 in 5 children and adults nationwide with learning and attention issues—by empowering parents and young adults, transforming schools and advocating for equal rights and opportunities. We're working to create a society in which every individual possesses the academic, social and emotional skills needed to succeed in school, at work and in life.

 

SOURCE National Center for Learning Disabilities

Bestpass Launches Leased Equipment Toll Solution to Engage New Market

National Commercial Toll Management Service Now Includes New Features to Address the Unique Needs of Leased Equipment Providers

ALBANY, N.Y., March 23, 2017 /PRNewswire/ -- Bestpass today announced its newly launched Leased Equipment Toll Solution (LETS), a customizable toll management service for leased equipment providers, including not only tractors and trailers, but also other vehicles of all shapes and sizes.

Traditionally providing single-source payment and streamlined national toll management service to commercial trucking fleets, launching LETS allows Bestpass to engage a sizeable new market. The new solution is the first of its kind and includes features such as seamless rebilling from lessor to lessee; the ability to transfer transponders from leased provider to customer accounts and back again; and the ability to customize and white label the Bestpass service according to each leased provider's needs. Bestpass has already deployed LETS as part of a pilot program with a leading national leased service provider.

"LETS is a win for everyone involved," said John Andrews, president and CEO of Bestpass. "The leased equipment providers save a substantial amount of time dealing with toll while adding a great deal of value to their customers. The lessees get coast-to-coast toll coverage, as well as a comprehensive and accurate accounting of their toll. And the tolling authorities benefit by a reduction in violations and a guarantee in payment through their existing relationship with Bestpass, which last year processed more than $450 million in toll."

Lessees who are existing Bestpass customers will have the option to seamlessly transfer transponders in their leased vehicles to their Bestpass account for the duration of the lease, further simplifying toll tracking and management and allowing the customer to retain their regular Bestpass discounts, account fees and features. All LETS customers will have access to national toll coverage via Bestpass, including 100 percent of the major U.S. toll roads and more than 40 tolling groups.

Bestpass currently has nearly 4,000 customers with more than 300,000 transponders on the road and is processing approximately $1.5 million in toll every day. To date, the company has saved its customers more than $65 million in toll-related costs, including significant back-office toll management time and effort.

About Bestpass, Inc.
Bestpass is in the business of saving commercial fleets and drivers time and money. Founded in 2001 by the Trucking Association of New York, Bestpass provides nationwide streamlined toll management services, including consolidated billing, volume discounts, violation processing and a single service compatible with more than 40 tolling groups and all weigh station bypass networks. With more than $40 million in toll processed each month, Bestpass is a trusted partner both on the road and in the back office. To learn more, visit www.bestpass.com

MEDIA CONTACT
Nick Crounse
(518) 458-1579 x215
ncrounse@bestpass.com

SOURCE Bestpass, Inc.

Launch of Alto, America’s First Advantage Club for People with Disabilities

PALO ALTO, California and TEL AVIV, Israel, March 23, 2017 /PRNewswire/ —

Alto, America’s first advantage club for people with disabilities and their families announces its launch today. Alto is designed to be the essential consumer destination for the 57 million Americans living with disability. It offers exclusive savings on the products and services that people with disabilities need and want to improve their quality of life.

The launch includes more than 1,000 aggregated exclusive savings and benefits on everything from mobility products to daily living, insurance and travel. Members of the Alto Advantage Club will be able to find and buy products with greater ease than ever before and save hundreds of dollars a year.

‚It is incredible that until now this powerful consumer group has been largely ignored by countless retailers. Finding the appropriate resources for people with disabilities is often emotionally draining and time consuming for people and their families. It is so refreshing to see a business endeavor that is catering to this market by curating and centralizing the very best products at competitive prices to help people living with disabilities in every aspect of their lives’ David Small Executive Director, Variety – the Children’s Charity.

Alto is a recent graduate of NFX. It was developed by the founders of global empowerment site and online community, Yoocan , which launched last year after graduating from the Microsoft Accelerator program. Its founders have been chosen to present their vision at the prestigious Impact Network convention for social technologies impacting change in the world on March 30th  in Paris.

„We are determined to unify and empower this consumer group in the same way that advantage clubs like AARP for seniors and veterans’ clubs like USAA deliver benefits and savings worth hundreds if not thousands of dollars to their communities,” said Moshe Gaon, CEO of Alto. „It is personal for me, as my family has experienced the very challenges we seek to overcome with Alto and we are striving to develop something that will provide benefits and advantages for families with disabilities like never before.”

Alto is the creation of brothers Moshe and Yoav Gaon and Dror Kalisky. When Yoav’s son Erez was born with a rare disease and complex disabilities the family experienced immense frustration and emotional stress. They sought solutions that would allow their child and family to do basic things like cycle, travel or find an accessible restaurant. They realized how much potential technology and help there was available around the world but how scattered it was, how hard to find or buy.

They began to research and engage with organizations for people with disabilities and reach out to community members around the world. Then they launched yoocan, the global empowerment site for people with disabilities and their families to share stories, educate and motivate each other to do anything.

From here emerged the great demand for a vertical membership club that could aggregate and bring benefits and savings to this huge community.

Alto aims to source and offer the very best, cutting edge products and technology for 57 million Americans with disabilities who have thus far been entirely overlooked as an important consumer group.

To access the media kit, click here.

About Alto

Alto is America’s first advantage club for people with disabilities and their families. It offers its members the very best value on the products they need to maximize their quality of life with benefits and savings worth hundreds of dollars a year. Alto empowers the 57 million Americans living with disabilities and their families, who have until now been overlooked as an important consumer group, to find the best products at the fairest prices.

SOURCE Alto

Total Energy Reaffirms Savanna Shareholder Support For Its Offer

CALGARY, ALBERTA–(Marketwired – March 23, 2017) – Total Energy Services Inc. („Total Energy„) (TSX:TOT) announced today that it continues to see strong support for its offer (the „Total Offer„) to purchase the outstanding common shares of Savanna Energy Services Corp. („Savanna„), with a majority of independent Savanna shareholders supporting the Total Offer.

THE TOTAL OFFER REMAINS OPEN FOR ACCEPTANCE UNTIL 11:59 P.M. (PACIFIC TIME) ON MARCH 24, 2017 UNLESS THE TOTAL OFFER IS EXTENDED OR WITHDRAWN BY TOTAL ENERGY.

Several of the Savanna shareholders who have tendered their Savanna common shares to the Total Offer are long-term shareholders of both Savanna and Western Energy Services Corp. („Western„) that have suffered significant value erosion under the current leadership of those companies. These shareholders understand that combining two over-indebted companies with track records of shareholder value destruction will not result in a financially strong company positioned to deliver industry-leading shareholder returns.

These shareholders further appreciate that the board of directors of Savanna has consistently refused to constructively engage Total Energy, which in turn has prevented Savanna shareholders from realizing maximum value from Total Energy. The most egregious example of this obstructionist behavior was Savanna’s agreement to a $15 million break fee with Western in exchange for an inferior proposal. That this proposal was inferior was made very clear by the market and confirmed when Western increased its offer just days later by adding a cash component, which it can ill afford to pay. Despite this, Savanna’s board thought it appropriate to increase the break fee to $20 million. Were Total Energy to increase the Total Offer, Savanna would be required to pay this break fee to Western, which would cost Savanna shareholders approximately $0.17 per Savanna share.

Savanna and Western have also suggested that Total Energy is somehow not capable of successfully integrating and operating Savanna’s business. In response, Total Energy notes the following:

  1. During its 21 year history, Total Energy has successfully completed and integrated approximately 30 acquisitions and achieved the expected synergies while retaining key managers and employees. Total Energy has never recorded a write down in respect of any of those acquisitions, including in respect of goodwill.
  2. Total Energy’s discipline and fiscal prudence during more prosperous times allowed it to look after its employees during the current industry downturn, just as it looked after its shareholders by maintaining its dividend. While Total Energy undoubtedly had to make difficult personnel decisions, unlike most energy services companies, it made the decision to maintain all employee bonus, savings and benefit plans. While Total Energy could have further reduced costs significantly by reducing or eliminating such employee benefits, Total Energy recognizes that people are its most important asset. Such investment has resulted in Total Energy being fully staffed during the current winter season and also resulted in the compensation received by certain divisional management exceeding the compensation received by Total Energy’s President and Chief Executive Officer during 2016.
  3. Total Energy welcomes Savanna’s employees and, consistent with past acquisitions, will recognize past service with Savanna for those employees who continue with Total Energy for purposes of employee savings and benefit plans should the Total Offer be successful.
  4. As previously disclosed, Total Energy estimates that it can achieve at least $10 million of annualized cost synergies over time with the integration of Savanna. Opportunities to realize cost synergies include the elimination of duplicate corporate and public company expenses, purchasing efficiencies and utilization of Total Energy’s extensive owned real estate infrastructure to support Savanna’s existing operations. With the exception of senior Savanna corporate and board personnel, Total Energy has not budgeted for Savanna employee terminations in arriving at its estimated cost savings nor does that estimate include interest savings that might be realized as a result of any refinancing of Savanna’s existing debt.
  5. Western recently suggested that it will realize $20 million in cost synergies without providing any explanation or support for such amount. It seems inconceivable that such savings can be achieved without significant employee terminations, whether such cuts take place at Savanna or Western or both.
  6. Total Energy has been in the contract drilling business since it acquired Chinook Drilling in 2000. Since that time, Chinook Drilling has grown its fleet from three to 18 drilling rigs under the leadership of Rod Rundell, who founded Chinook Drilling in 1997 and continues to serve as General Manager.
  7. While Total Energy has pursued numerous drilling rig acquisition and opportunities during the past 18 years, its discipline and commitment to providing Total Energy’s shareholders with an appropriate return on invested capital has led to measured growth in this division. In 2015, Total Energy hired Bill Kosich as Vice President, Drilling Services, to assist with the continued growth of Chinook Drilling, in part based on Total Energy’s determination that consolidation within the North American contract drilling industry was necessary and probable. Like Mr. Rundell, Mr. Kosich has extensive industry experience and prior to joining Total Energy was Chief Operating Officer of CanElson Drilling, a publicly listed contract drilling company with operations in Canada, the United States and Mexico.
  8. During 2016, Western generated $3.6 million of EBITDA with a fleet of 56 drilling rigs and 66 service rigs operating above industry utilization rates. This equates to approximately $29,500 of EBITDA per unit. Compare this to Chinook Drilling, which generated $1.8 million, or 50% of the EBITDA generated by Western, with a fleet of 18 drilling rigs operating below industry utilization rates. This equates to approximately $100,000 of EBITDA per unit. Despite acknowledged economies of scale and the decision to lose market share by not pursuing work at unreasonable prices or taking on unacceptable credit risk, Chinook Drilling outperformed Western by over 300% on an EBITDA per unit basis during 2016.

Savanna shareholders are encouraged to tender to the Total Offer as soon as possible to avoid any intermediary cut off times. If Savanna shareholders have any questions regarding the Total Offer or how to tender their Savanna common shares, they should contact Laurel Hill Advisory Group („Laurel Hill„) at 1-877-452-7184 (Toll Free in North America) or 1-416-304-0211 (Collect Outside North America) or by email at assistance@laurelhill.com.

About Total’s Offer to Savanna Shareholders

Full details of the Total Offer are contained in the offer to purchase and associated take-over bid circular, dated December 9, 2016 (the „Original Offer and Circular„), as amended, varied and supplemented (as applicable) by the notice of change and variation dated March 1, 2017 (the „Notice of Change„) and the notice of variation dated March 13, 2017 (the „Notice of Variation„). All of those documents are available under Savanna’s profile at www.sedar.com and on Total Energy’s website at www.totalenergy.ca/savannaoffer. Securityholders of Savanna are urged to read the Original Offer and Circular, the Notice of Change, the Notice of Variation, the Letter of Transmittal that accompanied the Original Offer and Circular, the amended Letter of Transmittal that accompanied the Notice of Change and the Notice of Guaranteed Delivery for the Total Offer (collectively, the „Offer Documents„) and to consider the important information set out in those documents. Copies of the Offer Documents may be obtained free of charge at www.sedar.com (under Savanna’s profile) and may also be obtained free of charge upon request from the Corporate Secretary of Total Energy, at 2550, 300 – 5th Avenue S.W. Calgary, Alberta T2P 3C4, or from Laurel Hill at the numbers and email address shown above.

Advisors to Total Energy

Total Energy has engaged GMP FirstEnergy to act as its financial advisor and dealer manager. Bennett Jones LLP is acting as Canadian legal advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as United States legal advisor in connection with the Total Offer.

Laurel Hill has been retained as information agent for the Total Offer.

Computershare Investor Services Inc. („Computershare„) has been retained as the depositary for the Total Offer. Shareholders of Savanna may contact Computershare by telephone at 1-800-564-6253 (Toll free in North America), or at 1-514-982-7555 (Collect Outside of North America), or by e-mail at corporateactions@computershare.com.

About Total Energy

Total Energy is a growth oriented energy services corporation involved in contract drilling services (Chinook Drilling), rentals and transportation services (Total Oilfield Rentals) and the fabrication, sale, rental and servicing of natural gas compression (Bidell Gas Compression) and process equipment (Spectrum Process Systems).

The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.

This news release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of the applicable securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

Total Energy has filed with the U.S. Securities and Exchange Commission („SEC„) a Registration Statement (the „Registration Statement„), which includes the Original Offer and Circular, the First Notice of Change and the Notice of Variation, relating to its offer to Savanna shareholders. TOTAL URGES INVESTORS AND SECURITYHOLDERS TO READ THE REGISTRATION STATEMENT, THE ORIGINAL OFFER AND CIRCULAR, THE FIRST NOTICE OF CHANGE AND THE NOTICE OF VARIATION AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED WITH THE SEC AND CANADIAN SECURITIES REGULATORY AUTHORITIES, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. Investors may obtain a free copy of the Original Offer and Circular, the Notice of Change and the Notice of Variation and other documents filed by Total Energy with the Canadian securities regulators at www.sedar.com (under the issuer profile for Savanna) and with the SEC at the SEC’s website at www.sec.gov. The Original Offer and Circular, the Notice of Change and the Notice of Variation and other documents may also be obtained free of charge from Total’s website at www.totalenergy.ca/savannaoffer or upon request made to Total at 2550, 300 – 5th Avenue S.W., Calgary, Alberta T2P 3C4.

Non-IFRS Measures Regarding Total Energy and Western

This News Release includes certain measures with respect to each of Total Energy and Western which are not recognized measures under International Financial Reporting Standards („IFRS”). These non-IFRS measures do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Non-IFRS measures should never be considered in isolation nor as a substitute for analysis of financial information reported under IFRS.

Forward-Looking Information Cautionary Statement

This News Release contains certain forward-looking information (referred to herein as „forward-looking statements„). Forward-looking statements are often, but not always, identified by the use of words such as „anticipate”, „believe”, „plan”, „scheduled”, „intend”, „objective”, „continuous”, „ongoing”, „estimate”, „expect”, „may”, „will”, „project”, „should”, or similar words suggesting future events, circumstances or outcomes. In particular, this News Release contains forward-looking information concerning the Total Offer, Total Energy’s views with respect to the combined entity (including the financial strength and level of indebtedness of such entity) that would result from the proposed combination of Savanna and Western (the one hand) and the Total Offer (on the other hand), Total Energy’s views with respect to payment of the break fee provided for in the arrangement agreement entered into between Savanna and Western, potential benefits of the Total Offer to shareholders of Savanna, Total Energy’s expectations with respect to the retention (including terms of retention) of Savanna employees following successful completion of the Total Offer and expectations with respect to possible cost synergies that may be realized upon completion of the Total Offer.

Forward-looking statements are based upon the opinions and expectations of management of Total Energy as at the effective date of such statements and, in some cases, information supplied by third parties. Although Total Energy believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions and that information received from third parties is reliable, it can give no assurance that those expectations will prove to have been correct. Forward-looking statements are subject to certain risks and uncertainties that could cause actual events or outcomes to differ materially from those anticipated or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, such things as changes in general economic conditions in Canada, the United States and elsewhere, changes in operating conditions (including as a result of weather patterns), the volatility of prices for oil and natural gas and other commodities, commodity supply and demand, fluctuations in currency and interest rates, availability of financial resources or third-party financing, availability of equipment, materials and personnel, defaults by counterparties under commercial arrangements to which Total Energy or Savanna (or any of their respective affiliates) is a party, an inability to procure regulatory approvals in a timely manner or on terms satisfactory to Total Energy, and new laws and regulations (domestic and foreign). Risks relating specifically to Total Energy’s ability to realize anticipated benefits of the proposed combination of Total Energy and Savanna include, but are not limited to: Total Energy’s inability to successfully integrate with Savanna following completion of the Offer, including by changing the board of directors of Savanna to consist of nominees of Total Energy. Additional risks to which Total Energy is exposed in the conduct of its business are set out under the heading „Risk Factors” in Total Energy’s annual information form for the year ended December 31, 2016 (the „AIF„), and under the heading „Risk Factors” in Total Energy’s management’s discussion and analysis of results of operations and financial condition for the year ended December 31, 2016 („Annual MD&A„), each of which has been incorporated by reference in the Original Offer and Circular, has been filed with various securities regulatory authorities in Canada and is available under Total Energy’s profile through the SEDAR website at www.sedar.com.

Having regard to the various risk factors, readers should not place undue reliance upon the forward-looking statements contained in this News Release and such forward-looking statements should not be interpreted or regarded as guarantees of future outcomes.

Forward-looking information respecting the Total Offer and the anticipated timing of certain steps or events associated with the Total Offer and potential cost synergies that might be realized as a result of the combination of Total Energy and Savanna is based upon various assumptions and factors, including, in addition to those noted elsewhere in this News Release, publicly reported financial information concerning Savanna, publicly reported information concerning the number of outstanding Savanna common shares and the number of options and other convertible or exchangeable rights and securities issued or granted by Savanna (entitling holders thereof to acquire Savanna common shares), advice from professional advisors with respect to statutorily mandated time frames for various applications and steps/events associated with the Total Offer, that Savanna has made full and accurate disclosure of all material information concerning Savanna in accordance with applicable Canadian securities laws (including disclosure of all material contracts and existing and potential contingent liabilities) and that there have been no recent material adverse changes in the business, affairs, capital, prospects or assets of Savanna. Forward-looking information respecting the retention (including terms of retention) of Savanna employees following successful completion of the Total Offer is based upon various assumptions and factors, including that Total Energy will be able to follow its historical approach to integration following successful completion of the Total Offer and that procedures and protocols relating to employees of acquired businesses developed by Total Energy in the context of prior acquisition transactions will be appropriate to the integration of Savanna with Total Energy following successful completion of the Total Offer.

Additional risk factors could cause actual results or events to differ materially from the results or outcomes expressed or implied by the forward-looking statements in this News Release. For a discussion regarding such risks, see, in particular, the sections of the Original Offer and Circular entitled „Purpose of the Offer and Plans for Savanna”, „Certain Information Concerning Securities of the Offeror”, „Regulatory Matters” and „Risk Factors”, the risk factor contained in the Notice of Variation on pages 1 – 2 as well as the information contained under the heading „Risk Factors” in each of the AIF and Annual MD&A, incorporated by reference in the Original Offer and Circular.

Total Energy cautions you that the risks described or referenced in this section are not the only ones that could affect the Total Offer or Total Energy. Additional risks and uncertainties not presently known by Total Energy or that Total Energy currently believes are not material may also materially and adversely affect the satisfaction or waiver by Total Energy of any of the conditions of the Total Offer, the successful completion of the Total Offer or the business, operations, financial condition, financial performance, cash flows, reputation or prospects of Total Energy. Except as otherwise indicated by Total Energy, forward-looking statements do not reflect the potential impact of any special initiatives or of any dispositions, monetizations, mergers, acquisitions, other business combinations or other transactions that may be announced or that may occur in the future. The financial impact of any such special initiatives or transactions may be complex and will depend on the facts particular to each of them. Total Energy, therefore, cannot describe the expected effects in a meaningful way or in the same way it presents known risks affecting its business. Forward-looking statements are presented herein for the purpose of providing information about Total Energy and the Total Offer and its anticipated impacts.

The forward-looking statements contained in this News Release are made as of the date hereof and Total Energy does not undertake any obligation to update or to revise any of the included forward-looking statements, except as required by applicable securities laws in force in Canada. The forward-looking statements contained in this News Release are expressly qualified by this cautionary statement.

Cautionary Statement Regarding Savanna and Western Information

The information concerning Savanna and Western contained in this News Release has been taken from, or is based upon, publicly available information filed by Savanna and Western, respectively, with various securities regulatory authorities in Canada and is available by accessing Savanna’s and Western’s issuer profile, respectively, on SEDAR at www.sedar.com and other public sources available as at the date hereof. Total Energy has not had access to the non-public books and records of Savanna or Western and Total Energy is not in a position to independently assess or verify certain of the information in Savanna’s or Western’s publicly filed documents, including their respective financial statements. Neither Savanna or Western have reviewed this News Release and have not confirmed the accuracy and completeness of the respective information concerning Savanna and Western contained in this News Release. While Total Energy has no reason to believe that such information is inaccurate or incomplete, Total Energy has no means of verifying the accuracy or completeness of any information contained in this News Release that is derived from publicly available information regarding Savanna or Western or whether there has been any failure by Savanna or Western to disclose events or facts that may have occurred or may affect the significance or accuracy of any such information. Neither Total Energy, nor any of the directors or officers of Total Energy, assumes any responsibility for the accuracy or completeness of such information or any failure by Savanna or Western to disclose events or facts which may have occurred or which may affect the significance or accuracy of any such information, but which are unknown to Total Energy or such persons.

Total Energy Reaffirms Savanna Shareholder Support For Its Offer

CALGARY, ALBERTA–(Marketwired – March 23, 2017) – Total Energy Services Inc. („Total Energy„) (TSX:TOT) announced today that it continues to see strong support for its offer (the „Total Offer„) to purchase the outstanding common shares of Savanna Energy Services Corp. („Savanna„), with a majority of independent Savanna shareholders supporting the Total Offer.

THE TOTAL OFFER REMAINS OPEN FOR ACCEPTANCE UNTIL 11:59 P.M. (PACIFIC TIME) ON MARCH 24, 2017 UNLESS THE TOTAL OFFER IS EXTENDED OR WITHDRAWN BY TOTAL ENERGY.

Several of the Savanna shareholders who have tendered their Savanna common shares to the Total Offer are long-term shareholders of both Savanna and Western Energy Services Corp. („Western„) that have suffered significant value erosion under the current leadership of those companies. These shareholders understand that combining two over-indebted companies with track records of shareholder value destruction will not result in a financially strong company positioned to deliver industry-leading shareholder returns.

These shareholders further appreciate that the board of directors of Savanna has consistently refused to constructively engage Total Energy, which in turn has prevented Savanna shareholders from realizing maximum value from Total Energy. The most egregious example of this obstructionist behavior was Savanna’s agreement to a $15 million break fee with Western in exchange for an inferior proposal. That this proposal was inferior was made very clear by the market and confirmed when Western increased its offer just days later by adding a cash component, which it can ill afford to pay. Despite this, Savanna’s board thought it appropriate to increase the break fee to $20 million. Were Total Energy to increase the Total Offer, Savanna would be required to pay this break fee to Western, which would cost Savanna shareholders approximately $0.17 per Savanna share.

Savanna and Western have also suggested that Total Energy is somehow not capable of successfully integrating and operating Savanna’s business. In response, Total Energy notes the following:

  1. During its 21 year history, Total Energy has successfully completed and integrated approximately 30 acquisitions and achieved the expected synergies while retaining key managers and employees. Total Energy has never recorded a write down in respect of any of those acquisitions, including in respect of goodwill.
  2. Total Energy’s discipline and fiscal prudence during more prosperous times allowed it to look after its employees during the current industry downturn, just as it looked after its shareholders by maintaining its dividend. While Total Energy undoubtedly had to make difficult personnel decisions, unlike most energy services companies, it made the decision to maintain all employee bonus, savings and benefit plans. While Total Energy could have further reduced costs significantly by reducing or eliminating such employee benefits, Total Energy recognizes that people are its most important asset. Such investment has resulted in Total Energy being fully staffed during the current winter season and also resulted in the compensation received by certain divisional management exceeding the compensation received by Total Energy’s President and Chief Executive Officer during 2016.
  3. Total Energy welcomes Savanna’s employees and, consistent with past acquisitions, will recognize past service with Savanna for those employees who continue with Total Energy for purposes of employee savings and benefit plans should the Total Offer be successful.
  4. As previously disclosed, Total Energy estimates that it can achieve at least $10 million of annualized cost synergies over time with the integration of Savanna. Opportunities to realize cost synergies include the elimination of duplicate corporate and public company expenses, purchasing efficiencies and utilization of Total Energy’s extensive owned real estate infrastructure to support Savanna’s existing operations. With the exception of senior Savanna corporate and board personnel, Total Energy has not budgeted for Savanna employee terminations in arriving at its estimated cost savings nor does that estimate include interest savings that might be realized as a result of any refinancing of Savanna’s existing debt.
  5. Western recently suggested that it will realize $20 million in cost synergies without providing any explanation or support for such amount. It seems inconceivable that such savings can be achieved without significant employee terminations, whether such cuts take place at Savanna or Western or both.
  6. Total Energy has been in the contract drilling business since it acquired Chinook Drilling in 2000. Since that time, Chinook Drilling has grown its fleet from three to 18 drilling rigs under the leadership of Rod Rundell, who founded Chinook Drilling in 1997 and continues to serve as General Manager.
  7. While Total Energy has pursued numerous drilling rig acquisition and opportunities during the past 18 years, its discipline and commitment to providing Total Energy’s shareholders with an appropriate return on invested capital has led to measured growth in this division. In 2015, Total Energy hired Bill Kosich as Vice President, Drilling Services, to assist with the continued growth of Chinook Drilling, in part based on Total Energy’s determination that consolidation within the North American contract drilling industry was necessary and probable. Like Mr. Rundell, Mr. Kosich has extensive industry experience and prior to joining Total Energy was Chief Operating Officer of CanElson Drilling, a publicly listed contract drilling company with operations in Canada, the United States and Mexico.
  8. During 2016, Western generated $3.6 million of EBITDA with a fleet of 56 drilling rigs and 66 service rigs operating above industry utilization rates. This equates to approximately $29,500 of EBITDA per unit. Compare this to Chinook Drilling, which generated $1.8 million, or 50% of the EBITDA generated by Western, with a fleet of 18 drilling rigs operating below industry utilization rates. This equates to approximately $100,000 of EBITDA per unit. Despite acknowledged economies of scale and the decision to lose market share by not pursuing work at unreasonable prices or taking on unacceptable credit risk, Chinook Drilling outperformed Western by over 300% on an EBITDA per unit basis during 2016.

Savanna shareholders are encouraged to tender to the Total Offer as soon as possible to avoid any intermediary cut off times. If Savanna shareholders have any questions regarding the Total Offer or how to tender their Savanna common shares, they should contact Laurel Hill Advisory Group („Laurel Hill„) at 1-877-452-7184 (Toll Free in North America) or 1-416-304-0211 (Collect Outside North America) or by email at assistance@laurelhill.com.

About Total’s Offer to Savanna Shareholders

Full details of the Total Offer are contained in the offer to purchase and associated take-over bid circular, dated December 9, 2016 (the „Original Offer and Circular„), as amended, varied and supplemented (as applicable) by the notice of change and variation dated March 1, 2017 (the „Notice of Change„) and the notice of variation dated March 13, 2017 (the „Notice of Variation„). All of those documents are available under Savanna’s profile at www.sedar.com and on Total Energy’s website at www.totalenergy.ca/savannaoffer. Securityholders of Savanna are urged to read the Original Offer and Circular, the Notice of Change, the Notice of Variation, the Letter of Transmittal that accompanied the Original Offer and Circular, the amended Letter of Transmittal that accompanied the Notice of Change and the Notice of Guaranteed Delivery for the Total Offer (collectively, the „Offer Documents„) and to consider the important information set out in those documents. Copies of the Offer Documents may be obtained free of charge at www.sedar.com (under Savanna’s profile) and may also be obtained free of charge upon request from the Corporate Secretary of Total Energy, at 2550, 300 – 5th Avenue S.W. Calgary, Alberta T2P 3C4, or from Laurel Hill at the numbers and email address shown above.

Advisors to Total Energy

Total Energy has engaged GMP FirstEnergy to act as its financial advisor and dealer manager. Bennett Jones LLP is acting as Canadian legal advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as United States legal advisor in connection with the Total Offer.

Laurel Hill has been retained as information agent for the Total Offer.

Computershare Investor Services Inc. („Computershare„) has been retained as the depositary for the Total Offer. Shareholders of Savanna may contact Computershare by telephone at 1-800-564-6253 (Toll free in North America), or at 1-514-982-7555 (Collect Outside of North America), or by e-mail at corporateactions@computershare.com.

About Total Energy

Total Energy is a growth oriented energy services corporation involved in contract drilling services (Chinook Drilling), rentals and transportation services (Total Oilfield Rentals) and the fabrication, sale, rental and servicing of natural gas compression (Bidell Gas Compression) and process equipment (Spectrum Process Systems).

The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.

This news release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of the applicable securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

Total Energy has filed with the U.S. Securities and Exchange Commission („SEC„) a Registration Statement (the „Registration Statement„), which includes the Original Offer and Circular, the First Notice of Change and the Notice of Variation, relating to its offer to Savanna shareholders. TOTAL URGES INVESTORS AND SECURITYHOLDERS TO READ THE REGISTRATION STATEMENT, THE ORIGINAL OFFER AND CIRCULAR, THE FIRST NOTICE OF CHANGE AND THE NOTICE OF VARIATION AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED WITH THE SEC AND CANADIAN SECURITIES REGULATORY AUTHORITIES, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. Investors may obtain a free copy of the Original Offer and Circular, the Notice of Change and the Notice of Variation and other documents filed by Total Energy with the Canadian securities regulators at www.sedar.com (under the issuer profile for Savanna) and with the SEC at the SEC’s website at www.sec.gov. The Original Offer and Circular, the Notice of Change and the Notice of Variation and other documents may also be obtained free of charge from Total’s website at www.totalenergy.ca/savannaoffer or upon request made to Total at 2550, 300 – 5th Avenue S.W., Calgary, Alberta T2P 3C4.

Non-IFRS Measures Regarding Total Energy and Western

This News Release includes certain measures with respect to each of Total Energy and Western which are not recognized measures under International Financial Reporting Standards („IFRS”). These non-IFRS measures do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Non-IFRS measures should never be considered in isolation nor as a substitute for analysis of financial information reported under IFRS.

Forward-Looking Information Cautionary Statement

This News Release contains certain forward-looking information (referred to herein as „forward-looking statements„). Forward-looking statements are often, but not always, identified by the use of words such as „anticipate”, „believe”, „plan”, „scheduled”, „intend”, „objective”, „continuous”, „ongoing”, „estimate”, „expect”, „may”, „will”, „project”, „should”, or similar words suggesting future events, circumstances or outcomes. In particular, this News Release contains forward-looking information concerning the Total Offer, Total Energy’s views with respect to the combined entity (including the financial strength and level of indebtedness of such entity) that would result from the proposed combination of Savanna and Western (the one hand) and the Total Offer (on the other hand), Total Energy’s views with respect to payment of the break fee provided for in the arrangement agreement entered into between Savanna and Western, potential benefits of the Total Offer to shareholders of Savanna, Total Energy’s expectations with respect to the retention (including terms of retention) of Savanna employees following successful completion of the Total Offer and expectations with respect to possible cost synergies that may be realized upon completion of the Total Offer.

Forward-looking statements are based upon the opinions and expectations of management of Total Energy as at the effective date of such statements and, in some cases, information supplied by third parties. Although Total Energy believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions and that information received from third parties is reliable, it can give no assurance that those expectations will prove to have been correct. Forward-looking statements are subject to certain risks and uncertainties that could cause actual events or outcomes to differ materially from those anticipated or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, such things as changes in general economic conditions in Canada, the United States and elsewhere, changes in operating conditions (including as a result of weather patterns), the volatility of prices for oil and natural gas and other commodities, commodity supply and demand, fluctuations in currency and interest rates, availability of financial resources or third-party financing, availability of equipment, materials and personnel, defaults by counterparties under commercial arrangements to which Total Energy or Savanna (or any of their respective affiliates) is a party, an inability to procure regulatory approvals in a timely manner or on terms satisfactory to Total Energy, and new laws and regulations (domestic and foreign). Risks relating specifically to Total Energy’s ability to realize anticipated benefits of the proposed combination of Total Energy and Savanna include, but are not limited to: Total Energy’s inability to successfully integrate with Savanna following completion of the Offer, including by changing the board of directors of Savanna to consist of nominees of Total Energy. Additional risks to which Total Energy is exposed in the conduct of its business are set out under the heading „Risk Factors” in Total Energy’s annual information form for the year ended December 31, 2016 (the „AIF„), and under the heading „Risk Factors” in Total Energy’s management’s discussion and analysis of results of operations and financial condition for the year ended December 31, 2016 („Annual MD&A„), each of which has been incorporated by reference in the Original Offer and Circular, has been filed with various securities regulatory authorities in Canada and is available under Total Energy’s profile through the SEDAR website at www.sedar.com.

Having regard to the various risk factors, readers should not place undue reliance upon the forward-looking statements contained in this News Release and such forward-looking statements should not be interpreted or regarded as guarantees of future outcomes.

Forward-looking information respecting the Total Offer and the anticipated timing of certain steps or events associated with the Total Offer and potential cost synergies that might be realized as a result of the combination of Total Energy and Savanna is based upon various assumptions and factors, including, in addition to those noted elsewhere in this News Release, publicly reported financial information concerning Savanna, publicly reported information concerning the number of outstanding Savanna common shares and the number of options and other convertible or exchangeable rights and securities issued or granted by Savanna (entitling holders thereof to acquire Savanna common shares), advice from professional advisors with respect to statutorily mandated time frames for various applications and steps/events associated with the Total Offer, that Savanna has made full and accurate disclosure of all material information concerning Savanna in accordance with applicable Canadian securities laws (including disclosure of all material contracts and existing and potential contingent liabilities) and that there have been no recent material adverse changes in the business, affairs, capital, prospects or assets of Savanna. Forward-looking information respecting the retention (including terms of retention) of Savanna employees following successful completion of the Total Offer is based upon various assumptions and factors, including that Total Energy will be able to follow its historical approach to integration following successful completion of the Total Offer and that procedures and protocols relating to employees of acquired businesses developed by Total Energy in the context of prior acquisition transactions will be appropriate to the integration of Savanna with Total Energy following successful completion of the Total Offer.

Additional risk factors could cause actual results or events to differ materially from the results or outcomes expressed or implied by the forward-looking statements in this News Release. For a discussion regarding such risks, see, in particular, the sections of the Original Offer and Circular entitled „Purpose of the Offer and Plans for Savanna”, „Certain Information Concerning Securities of the Offeror”, „Regulatory Matters” and „Risk Factors”, the risk factor contained in the Notice of Variation on pages 1 – 2 as well as the information contained under the heading „Risk Factors” in each of the AIF and Annual MD&A, incorporated by reference in the Original Offer and Circular.

Total Energy cautions you that the risks described or referenced in this section are not the only ones that could affect the Total Offer or Total Energy. Additional risks and uncertainties not presently known by Total Energy or that Total Energy currently believes are not material may also materially and adversely affect the satisfaction or waiver by Total Energy of any of the conditions of the Total Offer, the successful completion of the Total Offer or the business, operations, financial condition, financial performance, cash flows, reputation or prospects of Total Energy. Except as otherwise indicated by Total Energy, forward-looking statements do not reflect the potential impact of any special initiatives or of any dispositions, monetizations, mergers, acquisitions, other business combinations or other transactions that may be announced or that may occur in the future. The financial impact of any such special initiatives or transactions may be complex and will depend on the facts particular to each of them. Total Energy, therefore, cannot describe the expected effects in a meaningful way or in the same way it presents known risks affecting its business. Forward-looking statements are presented herein for the purpose of providing information about Total Energy and the Total Offer and its anticipated impacts.

The forward-looking statements contained in this News Release are made as of the date hereof and Total Energy does not undertake any obligation to update or to revise any of the included forward-looking statements, except as required by applicable securities laws in force in Canada. The forward-looking statements contained in this News Release are expressly qualified by this cautionary statement.

Cautionary Statement Regarding Savanna and Western Information

The information concerning Savanna and Western contained in this News Release has been taken from, or is based upon, publicly available information filed by Savanna and Western, respectively, with various securities regulatory authorities in Canada and is available by accessing Savanna’s and Western’s issuer profile, respectively, on SEDAR at www.sedar.com and other public sources available as at the date hereof. Total Energy has not had access to the non-public books and records of Savanna or Western and Total Energy is not in a position to independently assess or verify certain of the information in Savanna’s or Western’s publicly filed documents, including their respective financial statements. Neither Savanna or Western have reviewed this News Release and have not confirmed the accuracy and completeness of the respective information concerning Savanna and Western contained in this News Release. While Total Energy has no reason to believe that such information is inaccurate or incomplete, Total Energy has no means of verifying the accuracy or completeness of any information contained in this News Release that is derived from publicly available information regarding Savanna or Western or whether there has been any failure by Savanna or Western to disclose events or facts that may have occurred or may affect the significance or accuracy of any such information. Neither Total Energy, nor any of the directors or officers of Total Energy, assumes any responsibility for the accuracy or completeness of such information or any failure by Savanna or Western to disclose events or facts which may have occurred or which may affect the significance or accuracy of any such information, but which are unknown to Total Energy or such persons.

Total Energy Reaffirms Savanna Shareholder Support For Its Offer

CALGARY, ALBERTA–(Marketwired – March 23, 2017) – Total Energy Services Inc. („Total Energy„) (TSX:TOT) announced today that it continues to see strong support for its offer (the „Total Offer„) to purchase the outstanding common shares of Savanna Energy Services Corp. („Savanna„), with a majority of independent Savanna shareholders supporting the Total Offer.

THE TOTAL OFFER REMAINS OPEN FOR ACCEPTANCE UNTIL 11:59 P.M. (PACIFIC TIME) ON MARCH 24, 2017 UNLESS THE TOTAL OFFER IS EXTENDED OR WITHDRAWN BY TOTAL ENERGY.

Several of the Savanna shareholders who have tendered their Savanna common shares to the Total Offer are long-term shareholders of both Savanna and Western Energy Services Corp. („Western„) that have suffered significant value erosion under the current leadership of those companies. These shareholders understand that combining two over-indebted companies with track records of shareholder value destruction will not result in a financially strong company positioned to deliver industry-leading shareholder returns.

These shareholders further appreciate that the board of directors of Savanna has consistently refused to constructively engage Total Energy, which in turn has prevented Savanna shareholders from realizing maximum value from Total Energy. The most egregious example of this obstructionist behavior was Savanna’s agreement to a $15 million break fee with Western in exchange for an inferior proposal. That this proposal was inferior was made very clear by the market and confirmed when Western increased its offer just days later by adding a cash component, which it can ill afford to pay. Despite this, Savanna’s board thought it appropriate to increase the break fee to $20 million. Were Total Energy to increase the Total Offer, Savanna would be required to pay this break fee to Western, which would cost Savanna shareholders approximately $0.17 per Savanna share.

Savanna and Western have also suggested that Total Energy is somehow not capable of successfully integrating and operating Savanna’s business. In response, Total Energy notes the following:

  1. During its 21 year history, Total Energy has successfully completed and integrated approximately 30 acquisitions and achieved the expected synergies while retaining key managers and employees. Total Energy has never recorded a write down in respect of any of those acquisitions, including in respect of goodwill.
  2. Total Energy’s discipline and fiscal prudence during more prosperous times allowed it to look after its employees during the current industry downturn, just as it looked after its shareholders by maintaining its dividend. While Total Energy undoubtedly had to make difficult personnel decisions, unlike most energy services companies, it made the decision to maintain all employee bonus, savings and benefit plans. While Total Energy could have further reduced costs significantly by reducing or eliminating such employee benefits, Total Energy recognizes that people are its most important asset. Such investment has resulted in Total Energy being fully staffed during the current winter season and also resulted in the compensation received by certain divisional management exceeding the compensation received by Total Energy’s President and Chief Executive Officer during 2016.
  3. Total Energy welcomes Savanna’s employees and, consistent with past acquisitions, will recognize past service with Savanna for those employees who continue with Total Energy for purposes of employee savings and benefit plans should the Total Offer be successful.
  4. As previously disclosed, Total Energy estimates that it can achieve at least $10 million of annualized cost synergies over time with the integration of Savanna. Opportunities to realize cost synergies include the elimination of duplicate corporate and public company expenses, purchasing efficiencies and utilization of Total Energy’s extensive owned real estate infrastructure to support Savanna’s existing operations. With the exception of senior Savanna corporate and board personnel, Total Energy has not budgeted for Savanna employee terminations in arriving at its estimated cost savings nor does that estimate include interest savings that might be realized as a result of any refinancing of Savanna’s existing debt.
  5. Western recently suggested that it will realize $20 million in cost synergies without providing any explanation or support for such amount. It seems inconceivable that such savings can be achieved without significant employee terminations, whether such cuts take place at Savanna or Western or both.
  6. Total Energy has been in the contract drilling business since it acquired Chinook Drilling in 2000. Since that time, Chinook Drilling has grown its fleet from three to 18 drilling rigs under the leadership of Rod Rundell, who founded Chinook Drilling in 1997 and continues to serve as General Manager.
  7. While Total Energy has pursued numerous drilling rig acquisition and opportunities during the past 18 years, its discipline and commitment to providing Total Energy’s shareholders with an appropriate return on invested capital has led to measured growth in this division. In 2015, Total Energy hired Bill Kosich as Vice President, Drilling Services, to assist with the continued growth of Chinook Drilling, in part based on Total Energy’s determination that consolidation within the North American contract drilling industry was necessary and probable. Like Mr. Rundell, Mr. Kosich has extensive industry experience and prior to joining Total Energy was Chief Operating Officer of CanElson Drilling, a publicly listed contract drilling company with operations in Canada, the United States and Mexico.
  8. During 2016, Western generated $3.6 million of EBITDA with a fleet of 56 drilling rigs and 66 service rigs operating above industry utilization rates. This equates to approximately $29,500 of EBITDA per unit. Compare this to Chinook Drilling, which generated $1.8 million, or 50% of the EBITDA generated by Western, with a fleet of 18 drilling rigs operating below industry utilization rates. This equates to approximately $100,000 of EBITDA per unit. Despite acknowledged economies of scale and the decision to lose market share by not pursuing work at unreasonable prices or taking on unacceptable credit risk, Chinook Drilling outperformed Western by over 300% on an EBITDA per unit basis during 2016.

Savanna shareholders are encouraged to tender to the Total Offer as soon as possible to avoid any intermediary cut off times. If Savanna shareholders have any questions regarding the Total Offer or how to tender their Savanna common shares, they should contact Laurel Hill Advisory Group („Laurel Hill„) at 1-877-452-7184 (Toll Free in North America) or 1-416-304-0211 (Collect Outside North America) or by email at assistance@laurelhill.com.

About Total’s Offer to Savanna Shareholders

Full details of the Total Offer are contained in the offer to purchase and associated take-over bid circular, dated December 9, 2016 (the „Original Offer and Circular„), as amended, varied and supplemented (as applicable) by the notice of change and variation dated March 1, 2017 (the „Notice of Change„) and the notice of variation dated March 13, 2017 (the „Notice of Variation„). All of those documents are available under Savanna’s profile at www.sedar.com and on Total Energy’s website at www.totalenergy.ca/savannaoffer. Securityholders of Savanna are urged to read the Original Offer and Circular, the Notice of Change, the Notice of Variation, the Letter of Transmittal that accompanied the Original Offer and Circular, the amended Letter of Transmittal that accompanied the Notice of Change and the Notice of Guaranteed Delivery for the Total Offer (collectively, the „Offer Documents„) and to consider the important information set out in those documents. Copies of the Offer Documents may be obtained free of charge at www.sedar.com (under Savanna’s profile) and may also be obtained free of charge upon request from the Corporate Secretary of Total Energy, at 2550, 300 – 5th Avenue S.W. Calgary, Alberta T2P 3C4, or from Laurel Hill at the numbers and email address shown above.

Advisors to Total Energy

Total Energy has engaged GMP FirstEnergy to act as its financial advisor and dealer manager. Bennett Jones LLP is acting as Canadian legal advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as United States legal advisor in connection with the Total Offer.

Laurel Hill has been retained as information agent for the Total Offer.

Computershare Investor Services Inc. („Computershare„) has been retained as the depositary for the Total Offer. Shareholders of Savanna may contact Computershare by telephone at 1-800-564-6253 (Toll free in North America), or at 1-514-982-7555 (Collect Outside of North America), or by e-mail at corporateactions@computershare.com.

About Total Energy

Total Energy is a growth oriented energy services corporation involved in contract drilling services (Chinook Drilling), rentals and transportation services (Total Oilfield Rentals) and the fabrication, sale, rental and servicing of natural gas compression (Bidell Gas Compression) and process equipment (Spectrum Process Systems).

The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.

This news release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of the applicable securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

Total Energy has filed with the U.S. Securities and Exchange Commission („SEC„) a Registration Statement (the „Registration Statement„), which includes the Original Offer and Circular, the First Notice of Change and the Notice of Variation, relating to its offer to Savanna shareholders. TOTAL URGES INVESTORS AND SECURITYHOLDERS TO READ THE REGISTRATION STATEMENT, THE ORIGINAL OFFER AND CIRCULAR, THE FIRST NOTICE OF CHANGE AND THE NOTICE OF VARIATION AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED WITH THE SEC AND CANADIAN SECURITIES REGULATORY AUTHORITIES, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. Investors may obtain a free copy of the Original Offer and Circular, the Notice of Change and the Notice of Variation and other documents filed by Total Energy with the Canadian securities regulators at www.sedar.com (under the issuer profile for Savanna) and with the SEC at the SEC’s website at www.sec.gov. The Original Offer and Circular, the Notice of Change and the Notice of Variation and other documents may also be obtained free of charge from Total’s website at www.totalenergy.ca/savannaoffer or upon request made to Total at 2550, 300 – 5th Avenue S.W., Calgary, Alberta T2P 3C4.

Non-IFRS Measures Regarding Total Energy and Western

This News Release includes certain measures with respect to each of Total Energy and Western which are not recognized measures under International Financial Reporting Standards („IFRS”). These non-IFRS measures do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Non-IFRS measures should never be considered in isolation nor as a substitute for analysis of financial information reported under IFRS.

Forward-Looking Information Cautionary Statement

This News Release contains certain forward-looking information (referred to herein as „forward-looking statements„). Forward-looking statements are often, but not always, identified by the use of words such as „anticipate”, „believe”, „plan”, „scheduled”, „intend”, „objective”, „continuous”, „ongoing”, „estimate”, „expect”, „may”, „will”, „project”, „should”, or similar words suggesting future events, circumstances or outcomes. In particular, this News Release contains forward-looking information concerning the Total Offer, Total Energy’s views with respect to the combined entity (including the financial strength and level of indebtedness of such entity) that would result from the proposed combination of Savanna and Western (the one hand) and the Total Offer (on the other hand), Total Energy’s views with respect to payment of the break fee provided for in the arrangement agreement entered into between Savanna and Western, potential benefits of the Total Offer to shareholders of Savanna, Total Energy’s expectations with respect to the retention (including terms of retention) of Savanna employees following successful completion of the Total Offer and expectations with respect to possible cost synergies that may be realized upon completion of the Total Offer.

Forward-looking statements are based upon the opinions and expectations of management of Total Energy as at the effective date of such statements and, in some cases, information supplied by third parties. Although Total Energy believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions and that information received from third parties is reliable, it can give no assurance that those expectations will prove to have been correct. Forward-looking statements are subject to certain risks and uncertainties that could cause actual events or outcomes to differ materially from those anticipated or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, such things as changes in general economic conditions in Canada, the United States and elsewhere, changes in operating conditions (including as a result of weather patterns), the volatility of prices for oil and natural gas and other commodities, commodity supply and demand, fluctuations in currency and interest rates, availability of financial resources or third-party financing, availability of equipment, materials and personnel, defaults by counterparties under commercial arrangements to which Total Energy or Savanna (or any of their respective affiliates) is a party, an inability to procure regulatory approvals in a timely manner or on terms satisfactory to Total Energy, and new laws and regulations (domestic and foreign). Risks relating specifically to Total Energy’s ability to realize anticipated benefits of the proposed combination of Total Energy and Savanna include, but are not limited to: Total Energy’s inability to successfully integrate with Savanna following completion of the Offer, including by changing the board of directors of Savanna to consist of nominees of Total Energy. Additional risks to which Total Energy is exposed in the conduct of its business are set out under the heading „Risk Factors” in Total Energy’s annual information form for the year ended December 31, 2016 (the „AIF„), and under the heading „Risk Factors” in Total Energy’s management’s discussion and analysis of results of operations and financial condition for the year ended December 31, 2016 („Annual MD&A„), each of which has been incorporated by reference in the Original Offer and Circular, has been filed with various securities regulatory authorities in Canada and is available under Total Energy’s profile through the SEDAR website at www.sedar.com.

Having regard to the various risk factors, readers should not place undue reliance upon the forward-looking statements contained in this News Release and such forward-looking statements should not be interpreted or regarded as guarantees of future outcomes.

Forward-looking information respecting the Total Offer and the anticipated timing of certain steps or events associated with the Total Offer and potential cost synergies that might be realized as a result of the combination of Total Energy and Savanna is based upon various assumptions and factors, including, in addition to those noted elsewhere in this News Release, publicly reported financial information concerning Savanna, publicly reported information concerning the number of outstanding Savanna common shares and the number of options and other convertible or exchangeable rights and securities issued or granted by Savanna (entitling holders thereof to acquire Savanna common shares), advice from professional advisors with respect to statutorily mandated time frames for various applications and steps/events associated with the Total Offer, that Savanna has made full and accurate disclosure of all material information concerning Savanna in accordance with applicable Canadian securities laws (including disclosure of all material contracts and existing and potential contingent liabilities) and that there have been no recent material adverse changes in the business, affairs, capital, prospects or assets of Savanna. Forward-looking information respecting the retention (including terms of retention) of Savanna employees following successful completion of the Total Offer is based upon various assumptions and factors, including that Total Energy will be able to follow its historical approach to integration following successful completion of the Total Offer and that procedures and protocols relating to employees of acquired businesses developed by Total Energy in the context of prior acquisition transactions will be appropriate to the integration of Savanna with Total Energy following successful completion of the Total Offer.

Additional risk factors could cause actual results or events to differ materially from the results or outcomes expressed or implied by the forward-looking statements in this News Release. For a discussion regarding such risks, see, in particular, the sections of the Original Offer and Circular entitled „Purpose of the Offer and Plans for Savanna”, „Certain Information Concerning Securities of the Offeror”, „Regulatory Matters” and „Risk Factors”, the risk factor contained in the Notice of Variation on pages 1 – 2 as well as the information contained under the heading „Risk Factors” in each of the AIF and Annual MD&A, incorporated by reference in the Original Offer and Circular.

Total Energy cautions you that the risks described or referenced in this section are not the only ones that could affect the Total Offer or Total Energy. Additional risks and uncertainties not presently known by Total Energy or that Total Energy currently believes are not material may also materially and adversely affect the satisfaction or waiver by Total Energy of any of the conditions of the Total Offer, the successful completion of the Total Offer or the business, operations, financial condition, financial performance, cash flows, reputation or prospects of Total Energy. Except as otherwise indicated by Total Energy, forward-looking statements do not reflect the potential impact of any special initiatives or of any dispositions, monetizations, mergers, acquisitions, other business combinations or other transactions that may be announced or that may occur in the future. The financial impact of any such special initiatives or transactions may be complex and will depend on the facts particular to each of them. Total Energy, therefore, cannot describe the expected effects in a meaningful way or in the same way it presents known risks affecting its business. Forward-looking statements are presented herein for the purpose of providing information about Total Energy and the Total Offer and its anticipated impacts.

The forward-looking statements contained in this News Release are made as of the date hereof and Total Energy does not undertake any obligation to update or to revise any of the included forward-looking statements, except as required by applicable securities laws in force in Canada. The forward-looking statements contained in this News Release are expressly qualified by this cautionary statement.

Cautionary Statement Regarding Savanna and Western Information

The information concerning Savanna and Western contained in this News Release has been taken from, or is based upon, publicly available information filed by Savanna and Western, respectively, with various securities regulatory authorities in Canada and is available by accessing Savanna’s and Western’s issuer profile, respectively, on SEDAR at www.sedar.com and other public sources available as at the date hereof. Total Energy has not had access to the non-public books and records of Savanna or Western and Total Energy is not in a position to independently assess or verify certain of the information in Savanna’s or Western’s publicly filed documents, including their respective financial statements. Neither Savanna or Western have reviewed this News Release and have not confirmed the accuracy and completeness of the respective information concerning Savanna and Western contained in this News Release. While Total Energy has no reason to believe that such information is inaccurate or incomplete, Total Energy has no means of verifying the accuracy or completeness of any information contained in this News Release that is derived from publicly available information regarding Savanna or Western or whether there has been any failure by Savanna or Western to disclose events or facts that may have occurred or may affect the significance or accuracy of any such information. Neither Total Energy, nor any of the directors or officers of Total Energy, assumes any responsibility for the accuracy or completeness of such information or any failure by Savanna or Western to disclose events or facts which may have occurred or which may affect the significance or accuracy of any such information, but which are unknown to Total Energy or such persons.