PHX PHX Energy Services Corp

PHX Energy Services Corp. (TSX:PHX) ("PHX Energy" or the "Corporation")
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 April 15, 2013
to shareholders of record at the close of business on March 29, 2013. The
ex-dividend date is March 27, 2013.


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, and an
administrative office Nicosia, Cyprus.


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
PHX Energy Services Corp.
John Hooks
President and Chief Executive Officer
(403) 543-4466


PHX Energy Services Corp.
Cameron Ritchie
Senior Vice President, Finance and Chief Financial Officer
(403) 543-4466
www.phxtech.com

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