CWC ENERGY SERVICES CORP. ANNOUNCES VOTING RESULTS OF ELECTION OF BOARD OF DIRECTORS

CALGARY, AB, May 18, 2023 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that at its annual general meeting of shareholders held earlier today (the "Meeting"), each of the seven nominees proposed as a director and listed in CWC's management information circular dated April 10, 2023 were elected as directors to serve until the next annual meeting of shareholders or until their successors are elected or appointed. The results of the voting for each director are set out below:

Nominee	Votes For	% For	Votes Withheld	% Withheld
Duncan T. Au	394,966,367	99.89 %	429,750	0.11 %
Daryl G. Austin	395,340,932	99.99 %	55,185	0.01 %
Gary L. Bentham	309,786,909	78.35 %	85,609,208	21.65 %
Jason Chehade	395,334,265	99.98 %	61,852	0.02 %
Nancy F. Foster	395,340,932	99.99 %	55,185	0.01 %
Wade J. McGowan	395,242,191	99.96 %	153,926	0.04 %
Jim Reid	309,659,906	78.32 %	85,736,211	21.68 %

All other matters presented for approval at the Meeting, including the re-approval of the Company's option plan and restricted award plan and the appointment of auditors, were approved by CWC's shareholders.

About CWC Energy Services Corp.

CWC Energy Services Corp. is a premier contract drilling and well servicing company operating in Canada and the United States with a complementary suite of oilfield services including drilling rigs and service rigs. The Company's corporate office is located in Calgary, Alberta with operational locations in Nisku, Grande Prairie, Slave Lake, Sylvan Lake, Drayton Valley, Lloydminster, Provost and Brooks, Alberta and U.S. offices in Denver, Colorado and Casper, Wyoming. The Company's shares trade on the TSX Venture Exchange under the symbol "CWC".

READER ADVISORY - Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE CWC Energy Services Corp.

CWC Energy Services Corp., 2910, 605 - 5 Avenue SW, Calgary, Alberta, T2P 3H5, Telephone: [phone], Email: [email protected]; Duncan T. Au, FCPA, FCA, CFA, ICD.D, President & Chief Executive Officer; Stuart King, CPA, CA, Chief Financial Officer