Mr. Steve Glanville reports

STEP ENERGY SERVICES LTD. TO ANNOUNCE FOURTH QUARTER AND YEAR END 2023 RESULTS AND HOST CONFERENCE CALL

Step Energy Services Ltd. intends to release its 2023 fourth quarter results on Monday, March 11, 2024, after markets close.

Financial statements and management's 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 Tuesday, March 12, 2024. at 9 a.m. MT to discuss the results for the fourth quarter and year-end 2023 and outlook on 2024.

To listen to the webcast of the conference call, there is a link available in the original version of this news release.

You can also visit the investors section of the company's website and click on "reports, presentations & key dates."

To participate in the Q&A (question and answer) session, please call the conference call operator at: 1-800-717-1738 (toll-free) 15 minutes prior to the call's start time and ask for "Step Energy Services fourth quarter and year end 2023 earnings results conference call."

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

About Step Energy Services Ltd.

Step is an energy service company that provides coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing solutions. Its combination of modern equipment along with its 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 companies in Canada and the United States. Its Canadian services are focused on the Western Canadian sedimentary basin while in the United States, its fracturing and coiled tubing services are focused in the Permian and Eagle Ford in Texas, the Uinta-Piceance and Niobrara-DJ basins in Colorado, and the Bakken in North Dakota.

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