Hanwei Energy Services Closes Acquisition of Additional Entice Assets

VANCOUVER, BC June 30, 2020 ---- Hanwei Energy Services Corp. (TSX: HE) ("Hanwei" or the "Company"), today announced that it had completed and closed its agreement (as previously disclosed) to acquire certain oil and gas facilities, wells, and rights adjacent to its Entice Lands for a purchase price of $130,000. The assets were purchased out of a receivership proceeding with associated fees of $360,000. The Company also assumed certain obligations related to the acquisition.