CKK Cordy Oilfield Services Inc

Cordy Oilfield Services Inc. ("Cordy" or the "Corporation") (TSX VENTURE:CKK)
announces that it anticipates obtaining a $6 million secured loan from an arm's
length lender on or about November 27, 2013. The Loan will be due and payable on
the six month anniversary of the closing date (the "Maturity Date") and will
bear interest at the rate of 14% per annum, calculated daily. At Cordy's option
the term of the Loan may be extended for an additional six months upon the
payment of a renewal fee of $300,000. 


Cordy will continue its efforts to obtain a senior credit facility with a
chartered bank on such terms and in such amount to align with Cordy's long term
requirements following the completion of this financing.


Cordy intends to use a portion of the proceeds of the Loan to repay all
indebtedness owed to its former principal lender. The balance of the proceeds
will be used to pay transaction expenses and for general working capital.


As partial consideration for the advance of the loan, the lender is to be issued
a standby fee of 1,500,000 common shares of the Corporation (the "Standby Fee
Shares") at a deemed price of $0.135 per share. The Standby Fee Shares will be
subject to a statutory hold period of four months.


The completion of the Loan remains subject to the negotiation and execution of
the loan and security documents and is subject to final acceptance by the TSX
Venture Exchange. 


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


Forward Looking Statements

This press release contains forward-looking statements and forward-looking
information within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "continue", "estimate", "may", "will",
"should", "believe", "plans", "intends" and similar expressions are intended to
identify forward-looking information or statements. All statements included
herein, other than statements of historical fact, constitute forward-looking
information and such information involves various risks and uncertainties. There
can be no assurance that such information will prove to be accurate, and actual
results and future events could differ materially from those anticipated in such
information. A description of certain assumptions used to develop such
forward-looking information and a description of risk factors that may cause
actual results to differ materially from forward-looking information can be
found in the Corporation's disclosure documents on the SEDAR website at
www.sedar.com. The Corporation does not undertake to update any forward-looking
information except in accordance with applicable securities laws.


Completion of the Loan is subject to a number of conditions, including TSXV
acceptance. The intended use of the proceeds of the Loan by Cordy might change
if its board of directors determines that it would be in the best interests of
Cordy to deploy the proceeds for some other purpose.


The TSXV has in no way passed upon the merits of the proposed Loan and has
neither approved nor disapproved the contents of this press release.


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: 
Cordy Oilfield Services Inc.
David Mullen
Chairman and CEO
(403) 266-2067
(403) 266-2087 (FAX)
dmullen@cordy.ca
www.cordy.ca

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