Strad Energy Services Ltd. announced the successful completion of its strategic acquisition of Redneck Oilfield Services Ltd. and Raptor Oilfield Services Ltd. In connection with the completion of the Acquisition, the Company announced the appointment of Mr. Lyle Wood to Strad's Board of Directors. Mr. Wood is the founder and former President of Redneck and Strad to have him join the Board as well as the Strad management team. The Company also announced effective immediately, that Mr. James McCallum is resigning from Strad's Board of Directors to pursue new career opportunities.