Cordy Oilfield Services Inc. ("Cordy") (TSX VENTURE:CKK) is pleased to announce
that it entered into an Asset Purchase Agreement with Lyncorp International Ltd.
("Lyncorp") (the "Transaction") pursuant to which Cordy sold two CAT D11Ts (the
"Assets") to Lyncorp for a sales price of $2,776,250. 


Lyncorp is wholly-owned and controlled by David Mullen, the Chief Executive
Officer, Chairman and a director of Cordy. Together, David Mullen and Lyncorp
hold approximately 19.52% of Cordy's outstanding common shares. 


Cordy has determined that exemptions from the various requirements of the TSX
Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 are available for
the sale of the Assets to Lyncorp (Minority Approval - Fair Market Value Not
More Than 25% of Market Capitalization).


Additional information on Cordy is available on our website www.cordy.ca or on
SEDAR at www.sedar.com. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
For general or investor relations information:
Cordy Oilfield Services Inc.
David Mullen, Chairman and CEO
(403) 266-2067
(403) 266-2087 (FAX)
dmullen@cordy.ca
www.cordy.ca


For investor relations information:
Cordy Oilfield Services Inc.
www.cordy.ca
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