Mr. Steve Glanville reports

STEP ENERGY SERVICES LTD. TO ANNOUNCE SECOND QUARTER 2023 RESULTS AND HOST CONFERENCE CALL

Step Energy Services Ltd. intends to release its 2023 second quarter results on Wednesday, Aug. 2, 2023, after markets close.

Financial statements and management discussion and analysis will be posted to Step's website and SEDAR after the press release is disseminated.

Step will host a conference call on Thursday, Aug. 3, 2023, at 9 a.m. MT, to discuss the results for the second quarter of 2023.

You can also visit the investors section of Step's website and click on "Reports, Presentations & Key Dates."

To participate in the question-and-answer session, please call the conference call operator at 1-888-886-7786 (toll-free) 15 minutes prior to the call's start time and ask for the Step Energy Services second quarter 2023 earnings results conference call.

The conference call will be archived on Step's website.

About Step Energy Services Ltd.

Step is an energy services company that provides coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing solutions. Step's combination of modern equipment along with the company's commitment to safety and quality execution has differentiated Step in plays where wells are deeper and have longer laterals and higher pressures. Step has a high performance, safety-focused culture and its experienced technical office and field professionals are committed to providing innovative, reliable and cost-effective solutions to its clients.

Founded in 2011 as a specialized deep-capacity coiled tubing company, Step has grown into a North American service provider delivering completion and stimulation services to exploration and production (E&P) companies in Canada and the United States. Step's Canadian services are focused in the Western Canadian sedimentary basin, while, in the United States, Step's fracturing and coiled tubing services are focused in the Permian and Eagle Ford basins in Texas, the Uinta-Piceance and Niobrara-DJ basins in Colorado, and the Bakken formation in North Dakota.

The company's four core values -- safety, trust, execution and possibilities -- inspire Step's team of professionals to provide differentiated levels of service, with a goal of flawless execution and an unwavering focus on safety.