PHX PHX Energy Services Corp

PHX Energy Services Corp. ("Phoenix" or the "Company") (TSX:PHX) announces that
its Board of Directors has declared a cash dividend of $0.06 per common share
designated as an "eligible dividend" within the meaning of subsection 89(1) of
the Income Tax Act (Canada), and payable on September 14, 2012 to shareholders
of record at the close of business on August 31, 2012. The ex-dividend date is
August 29, 2012.


ABOUT PHX ENERGY SERVICES CORP. 

PHX Energy's Canadian operations are conducted through Phoenix Technology
Services LP. The Corporation maintains its corporate head office, research and
development, Canadian sales, service and operational centres in Calgary,
Alberta. In addition PHX Energy has a service facility in Estevan, Saskatchewan.
PHX Energy's US operations, conducted through the Corporation's wholly-owned
subsidiary, Phoenix Technology Services USA Inc. ("Phoenix USA"), is
headquartered in Houston, Texas. Phoenix USA has sales and service facilities in
Houston, Texas; Traverse City, Michigan; Casper, Wyoming; Denver, Colorado; Fort
Worth, Texas; Midland, Texas; Buckhannon, West Virginia; Pittsburgh,
Pennsylvania; and Oklahoma City, Oklahoma. Internationally, PHX Energy has sales
offices and service facilities in Albania, Peru, Russia, and Colombia.  


The common shares of Phoenix are traded on the Toronto Stock Exchange under the
symbol "PHX".

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