Flint Energy Announces CFO Appointment

W. J. (Bill) Lingard, President and Chief Executive Officer and the Board of Directors of Flint Energy Services Ltd. ("Flint") are pleased to announce the appointment of Mr. Paul M. Boechler as the company's Chief Financial Officer, effective March 14, 2007. Mr. Boechler will succeed Mr. Terry Freeman, the current CFO, who will retire from this current role on this date but will be appointed to the company's Board of Directors.

Mr. Boechler is currently the President of Flint Energy Services Inc., the company's United States division. He has held this position for the past three years leading the operation through a period of strong growth and improving financial results. Mr. Boechler began his career with Flint as Vice President of Finance after Flint's acquisition of IPEC Ltd. in November 2001. Prior to joining Flint, Paul was the CFO of IPEC Ltd., a position he held since 1999. He also spent 15 years in the exploration and production side of the resource industry in various senior financial management positions. Paul has a Bachelor of Commerce degree from the University of Saskatchewan and is a Chartered Accountant.

Mr. Freeman will continue to assist the company through a transition period, providing strategic guidance and assisting in setting the future direction of the company. He is a recent graduate of the Institute of Corporate Directors (ICD) Directors' Education Program.

Mr. John Geddes, Chairman of the Board of Flint said, "We wish to thank Terry for his years of service and contributions toward the growth and success of our company, and look forward to the continuity he will provide as a member of our Board of Directors. At the same time we congratulate Paul on his new appointment, and welcome him to this new executive role in our company."

Mr. Lingard added, "We continue to grow and develop Flint into one of the energy sector's most prominent and unique service providers within North America. We have expanded the company into some 60 geographic service locations with seven major service lines. Terry has been with us from the company's inception and led us through the many acquisitions, including Transco, the most recent and largest. Terry passes the CFO role to Paul with the company well positioned and with tremendous opportunities for the future. We appreciate all his past contributions and look forward to his continued
input as a Director."

Flint is a market leader providing an expanding range of integrated products and services for the oil and gas industry including: production services; construction; oilfield transportation; process equipment design and manufacturing; and tubular management services. Flint provides this unique breadth of products and services through over 60 strategic locations in the oil and gas producing areas of western North America, from Inuvik in the Northwest Territories to Mission, Texas on the Mexican border. Flint is a preferred provider of infrastructure construction management, module fabrication, and maintenance services for upgrading and production facilities in Alberta's fast growing oil sands sector. Flint Energy Services Ltd. is a publicly traded company listed on the Toronto Stock Exchange under the symbol "FES". -- www.cnxmarketlink.com