CALGARY and SCOTTSDALE, AZ, April 15, 2013 /PRNewswire/ – Ridgeline Energy Services Inc. (“Ridgeline” or the “Company”) (TSXV: RLE, OTCQX: RGDEF, FSE: RL7) a technology driven company operating in the waste water industry, today announces that, further to its news releases of February 5, 2013
and March 11, 2013, it has, subject to receipt of final TSX Venture
Exchange approval, completed the acquisition of all the partnership
interests in Changing World Technologies, L.P., a Delaware limited partnership (“CWT LP”) pursuant to a unit
purchase agreement dated effective March 11, 2013.

CWT LP has two operating subsidiaries, Renewable Energy Solutions, LLC
and TDP, LLC, which includes the Carthage facility where over $60
million dollars was invested in the construction and operation of a
refinery for the production of renewable diesels, a waste water
treatment plant, real estate and buildings. The Company has, through
its wholly owned USA subsidiary, become the sole limited partner of CWT
LP. The operating plant is set on just over six rail served acres
outside Carthage, Missouri. The property location and infrastructure
has capacity to process over 150 million gallons of waste water
annually.

Mr. Dennis M. Danzik, CEO of Ridgeline, stated, “The Company has now
closed two significant acquisitions — our Santa Fe Springs facility
and now our new Missouri facility. Our Missouri plant is a world class
facility that completes the Company’s transition into a fully
integrated waste water business. Our existing Ridgeline technologies for waste water treatment and the production of the resulting effluent into diesel equivalent
fuel is now proven. These two assets are expected to continue to grow
revenues and profitability.”

Danzik also stated, “Our latest management agreement and subsequent
acquisition of the property also demonstrate the Company’s ability to
identify attractive assets where Ridgeline technology can be installed
and add substantial value. Once installed, Ridgeline technology is
disruptive, resulting in swift customer and revenue gains. The
application of the Company’s technology, proven management and
second-to-none market development experience are keys to improved
business performance and our rapidly growing balance sheet, which now
includes substantial real estate holdings.”

About Ridgeline Energy Services Inc.

Ridgeline Energy Services Inc. is a technology driven company operating
in the waste water industry. The Company is applying proprietary
technology to treat water generated from industrial and commercial
waste water markets. These markets include a wide variety of clients
across a broad spectrum of industries including oil and gas. Through
its environmental consulting and remediation divisions, Ridgeline Environment has built a reputation as an established provider of environmental
services to the Western Canadian oil and gas industry. Ridgeline GreenFill provides soil remediation and wet waste disposal services to the oil and
gas industry. The Company trades on the TSX Venture Exchange under the
symbol “RLE”, the OTCQX as “RGDEF” and the Frankfurt Stock Exchange as
“RL7”.

ON BEHALF OF THE BOARD OF DIRECTORS

“Tony Ker”

Tony Ker
Executive Chairman

“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 news
release. This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore, involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.
Such information is subject to known and unknown risks, uncertainties
and other factors that could influence actual results or events and
cause actual results or events to differ materially from those stated,
anticipated or implied in the forward-looking information. Readers are
cautioned not to place undue reliance on forward-looking information,
as no assurances can be given as to future results, levels of activity
or achievements.”

SOURCE Ridgeline Energy Services Inc.