IROC Energy Services Corp. : December 20, 2011 IROC Energy Services Corp. Declares Quarterly Dividend

IROC Energy Services Corp. Declares Quarterly Dividend

Dec 20, 2011

CALGARY, Dec. 20, 2011 /CNW/ - IROC Energy Services Corp. (TSXV: "ISC") ("IROC" or the "Corporation") announces that its Board of Directors has declared a quarterly cash dividend on its common shares of $0.025 per common share. The dividend will be payable January 13, 2012 to shareholders of record at the close of business on January 9, 2012.

IROC believes the payment of a dividend is supported by the Corporation's current and expected operating cash flow, and the financial flexibility created by its strong balance sheet. In addition to providing a cash return to shareholders through a dividend, the Corporation continues to pursue growth through capital expenditures for new equipment while actively seeking targeted asset or business acquisitions in our existing or highly complementary business lines.

Publicly reported information for IROC Energy Services Corp. is available at .

About IROC Energy Services Corporation
IROC Energy Services Corp. is an Alberta oilfield services company that, through the IROC Energy Services Partnership, provides a diverse range of services and equipment to the oil and gas industry that are among the newest and most innovative in the WCSB.  IROC Energy Services Partnership operates under the business names of Eagle Well Servicing, Aero Rental Services, and Helix Coil Services.  IROC combines cutting-edge technology with depth of experience to deliver a product and services offerings in the following core areas: well servicing & equipment, rental services, and coiled tubing services & equipment. For more information on IROC Energy Services Corp. visit our website at .

Cautionary Statements
Certain statements contained in this press release may constitute forward looking statements concerning, among other things, expected revenues, expected expenses, expected profits, expected cash flow from operations, planned capital expenditures and business or asset acquisition, developments and strategies for IROC's operations all of which are subject to certain risks, uncertainties and assumptions.  These forward looking statements are identified by their use of terms and phrases such as "anticipate", "continue", "estimate", "expect", "may", "will", "planned", "projected", "should", "believe" and other similar terms and phrases.  By its nature, such forward looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward looking statements.  These risks include, but are not limited, to the risks associated with the oil and gas industry generally, fluctuating prices in crude oil and natural gas, changes in drilling activity, general global economic, political and business conditions, weather conditions, regulatory changes and availability of products, qualified personnel and manufacturing capacity and raw materials.  If any of these uncertainties materialize, or if assumptions are incorrect actual results may vary materially from those expected.  IROC relies on litigation protection for any forward looking statements.

Other
This press release is not for dissemination in United States or to any United States news services.  The Common Shares of IROC have not and will not be registered on the United States Securities Act of 1933, as amended (the "United States Securities Act") or any state securities laws and are not offered or sold in the United States or to any US person except in certain transactions exempt from the registration requirements of the United States Securities Act and applicable state securities laws.

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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