Leader Energy Services Ltd. (fka LDRXF)

[10 bagger]

LDRXF.. $0.3286..

Leader Energy Services Announces Executive Appointment

Dow Jones & Company, Inc. - Nov 01 at 07:00

Company Symbols: OtherOTC:LDRXF, TorontoVE:LEA


CALGARY, ALBERTA--(Marketwire - Nov. 1, 2010) - Leader Energy Services Ltd. (" Leader" or the "Company") (TSX VENTURE:LEA) today announced the appointment of Mr. Graham Reid as an Executive of the Company, who will be assuming the role of Chief Financial Officer effective November 15, 2010. Mr. Reid has extensive experience in oilfield service and equipment businesses with an excellent record of financial reporting in public company environments. Prior to this appointment, Mr. Reid was Vice President Finance and Chief Financial Officer of Norex Exploration Services Inc. located in Calgary, Alberta. Mr. Reid is a Chartered Accountant and holds a Bachelor of Commerce degree from the University of Calgary.

Mr. Reid will succeed Mr. Don Baird as Chief Financial Officer of the Company as he pursues other opportunities. The Board of Directors of Leader would like to thank Don for his efforts over the course of his engagement with the Company, and wishes him well in his future endeavours.

Leader Energy Services Ltd. provides well stimulation services in western Canada. Further information on Leader can be found under the Company's listing at www.sedar.com and on the Company's website at www.leaderenergy.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

FOR FURTHER INFORMATION PLEASE CONTACT:

Leader Energy Services Ltd.
Rod Hauser
President & CEO
[phone]
[e-mail]
or
Leader Energy Services Ltd.
Jason Krueger, CFA
Director & Investor Relations
[phone]
[e-mail]
www.leaderenergy.com