Samoth Provides Update to Annual General and Special Meeting Matters Due to Canadian Postal Strike

SAMOTH OILFIELD INC.

TSX Venture Exchange: SCD June 24, 2011

SAMOTH PROVIDES UPDATE TO ANNUAL GENERAL AND SPECIAL MEETING MATTERS DUE TO CANADIAN POSTAL STRIKE

CALGARY, ALBERTA — The Annual General and Special Meeting (the “Meeting”) of shareholders of Samoth Oilfield Inc. (“Samoth”) will be held on Friday, July 8, 2011 at 10:00 a.m. at #2, 64 Riel Drive, St. Albert, Alberta.

Copies of the Notice of Meeting and Information Circular and the form of proxy prepared in respect of the Meeting have been mailed to the shareholders and are available under Samoth’s profile at www.sedar.com. Shareholders who do not receive these Meeting materials on a timely basis are encouraged to access them via SEDAR. Alternatively, Samoth will provide copies of the Meeting materials upon request and without charge.

As a result of the Canadian postal strike, Samoth strongly encourages its shareholders to submit their completed proxies with respect to the Meeting by facsimile to Valiant Trust Company at (780) 441-2247. The deadline for submitting completed proxies is 10:00 a.m. (Calgary time) on Wednesday, July 8, 2011.

Shareholders should consult with their financial advisors about the proper submission of their votes. Any other questions with respect to voting matters may be directed to Samoth’s transfer agent, Valiant Trust Company, at (780) 441-2267.

For further information, please contact:

Samoth Oilfield Inc.

Leonard D. Jaroszuk President and Chief Executive Officer Phone: (780) 418-4400 Fax: (780) 915-5999 E-Mail: [email protected]

NEITHER 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.

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