TCW Trican Well Service Ltd

Trican Well Service Ltd. (TSX:TCW) ("Trican" or the "Company") is pleased to
announce that the Toronto Stock Exchange (the "TSX") has accepted its
application to renew the normal course issuer bid (the "Bid") to purchase, from
March 8, 2013 to March 7, 2014, certain of its outstanding common shares (the
"Common Shares"). All purchases will be made through the facilities of the TSX.


The Bid has been put in place because the Company believes that the Common
Shares are a good investment for the Company in the context of equity market
conditions, and to offset the dilutive effects of the exercise from time to time
of stock options granted by Trican under its stock option plan. All Common
Shares purchased through the Bid will be returned to treasury for cancellation. 


As at February 28, 2013, there were 148,831,558 Common Shares issued and
outstanding. The number of Common Shares which may be purchased during the
period of the Bid will not exceed 10,973,363 Common Shares, which is
approximately 10% of the public float for the Common Shares. Except as permitted
under the TSX rules, the Company will not purchase on any given trading day
under the Bid more than 184,512 Common Shares, being approximately 25% of the
average daily trading volume of the Common Shares on the TSX for the previous
six calendar months of 738,051 Common Shares. During the past 12 months, Trican
acquired 755,400 Common Shares at a volume weighted average price of $13.26
under its previous normal course issuer bid, which expired on March 1, 2013. 


Trican has engaged TD Securities Inc. as its broker for the purpose of effecting
purchases under the Bid. All purchases under the Bid will be at the discretion
of Trican, subject to the rules of the TSX.


Headquartered in Calgary, Alberta, Trican has operations in Canada, the United
States, Russia, Kazakhstan, Australia, Algeria and Norway. Trican provides a
comprehensive array of specialized products, equipment and services that are
used during the exploration and development of oil and gas reserves.


Forward-Looking Statements

Certain statements and other information included in this press release
constitute "forward-looking information" within the meaning of applicable
Canadian securities legislation ("forward-looking statements"). All statements
in this press release, other than those relating to historical information or
current conditions, are forward-looking statements. Such forward-looking
statements involve known and unknown risks and uncertainties, many of which are
beyond our control, as well as various assumptions and business sensitivities,
including those risk factors described in the Company's most recent Annual
Information Form and annual management's discussion and analysis which may cause
actual results, performance or achievements of the Company to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements. This forward-looking information
includes, among others:




--  The belief that the purchase of the Company's Common Shares are a good
    investment for the Company in the context of equity market conditions



Trican disclaims any intention or obligation to update or revise any
forward-looking statements in this press release as a result of new information
or future events, except as may be required under applicable Canadian securities
legislation.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Trican Well Service Ltd.
Dale Dusterhoft
Chief Executive Officer
(403) 266-0202
(403) 237-7716 (FAX)
ddusterhoft@trican.ca


Trican Well Service Ltd.
Michael Baldwin
Vice President, Finance and Chief Financial Officer
(403) 266-0202
(403) 237-7716 (FAX)
mbaldwin@trican.ca


Trican Well Service Ltd.
2900, 645 - 7th Avenue S.W.
Calgary, Alberta T2P 4G8
www.trican.ca

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