Article: Offer by Quest Energy Services (Canada) Ltd. for Production Enhancement Group, Inc. successful.

HOUSTON, June 3 /PRNewswire-FirstCall/ -- Quest Energy Services (Canada) Ltd. ("Quest"), an indirect wholly owned subsidiary of Al-Qahtani Marine & Oilfield Services Co. of Saudi Arabia ("Al-Qahtani"), and Production Enhancement Group, Inc. (TSX: WIS) ("PEG" or the "Company") jointly announce that Quest has been successful under its previously announced offer to purchase the outstanding common shares of PEG for CDN $0.65 per share (the "Offer"). A total of 49,904,093 Common Shares of PEG representing 72.7% of the outstanding Common Shares (or 56.4% calculated on a diluted basis as of today's date) were validly deposited under the Offer which expired at 4:00 pm (Mountain ...

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