Calfrac Announces Dividend

CALGARY, March 18, 2015 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX–CFW) is pleased to announce that its Board of Directors has declared a dividend pursuant to its quarterly dividend policy.  The dividend of $0.125 per common share will be paid on April 15, 2015 to shareholders of record on March 31, 2015.

Calfrac's common shares are publicly traded on the Toronto Stock Exchange under the trading symbol "CFW".  Calfrac provides specialized oilfield services to exploration and production companies designed to increase the production of hydrocarbons from wells drilled throughout western Canada, the United States, Russia, Mexico, Colombia and Argentina.

SOURCE Calfrac Well Services Ltd.

Fernando Aguilar, President and Chief Executive Officer, Telephone: [phone], Fax: [phone]; Michael J. McNulty, Chief Financial Officer, Telephone: [phone], Fax: [phone]; Ian Gillies, Manager, Investor Relations, Telephone: [phone], Fax: [phone]