CALGARY, ALBERTA--(Marketwire - Aug. 7, 2012) - Savanna Energy Services Corp. ("Savanna") (TSX:SVY) is pleased to announce that its Board of Directors has declared a monthly dividend payment of $0.03 (Cdn.) per share to holders of Common Shares. The date of record will be August 31, 2012 and the payment date will be September 17, 2012. The ex-dividend date is August 29, 2012. This dividend is an eligible dividend for Canadian income tax purposes.

Savanna is a leading North American contract drilling and oilfield services company providing a broad range of drilling, well servicing and related services with a focus on fit for purpose technologies and industry-leading aboriginal relationships.