Secure Energy Services Inc. (TSX:SES) announces a share repurchase program. Under the program, the company will repurchase up to 13,181,020 shares for $150 million. The shares will be repurchased at a price not more than CAD 11.38 per share.

The repurchases will be funded from available cash on hand. The repurchased shares will be cancelled. The company has entered into a share repurchase agreement with TPG Angelo Gordon to repurchase it's shares.