National Energy Services Inc. (fka NESV)

[stocksmarter]

National Automation Services, Inc.
Announces
Third Domestic Oil and Gas Acquisition


LAS VEGAS, NV--(Marketwire – July 15, 2014) - National Automation Services, Inc. ("NAS") (OTCQB: NASV) announces today that a Letter of Intent to Purchase has been agreed to and signed by an Oil and Gas Service and Construction Company located in Williston North Dakota.

The Company’s name and information will be announced once the final Purchase and Sale Agreement is executed which is anticipated in the next few days.

The Company provides oilfield services and construction to the oil and gas industry in the Bakken Production Fields, installing necessary piping, tanks, pumps, automation equipment, etc. and are headquartered in North Dakota. In 2013 they reported $7.1 Million in total sales and EBITDA of $2.2 Million. They are a widely respected contracting outfit in their field and have an excellent management team that will continue on with NAS after the purchase.

Sean Sego, Independent Director of NAS and head of the Acquisition Committee stated “We are very excited to announce this expected acquisition for NAS. The synergies created between JD Field Services, Devoe Concontracting and this North Dakota based company will allow all three to flourish and become a formidable influence in the Oil and Gas Production Services sector in each of their regions. Our goal is to increase our breadth in services to our current and future clients as we develop new relationships through our acquisition plan.”

Further information about JD Field Services is found on our website at http://www.jdfieldservices.com. For more information about National Automation Services, please visit our website at http://www.nasv.biz.