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SME.V ·

Samoth Announces Option Grant

Share Capital & Compensation

Samoth Announces Option Grant

St. Albert, Alberta--(Newsfile Corp. - December 21, 2018) -

Samoth Oilfield Inc.

(TSXV: SCD) ("Samoth" or the "Corporation")

today, has issued, subject to regulatory approval, 1,874,833 common share purchase options, granted to directors and officers

of the Corporation. The options are exercisable at a price of $0.05 per share for a period of 5 years from the date of grant.

The

options have been granted pursuant to the company's 10-per-cent rolling stock option plan.

This press release is not for distribution to United States Newswire Services or for dissemination in the United States.

For further information, please contact:

Samoth Oilfield Inc.

Leonard D. Jaroszuk

President and Chief Executive Officer

Phone: (780) 418-4400

E-Mail:

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.