Oct 9 (Reuters) - Strad Energy Services Ltd SDY.TO :
* STRAD APPROVES $15.5 MILLION INCREASE FOR INDUSTRIAL MATTING GROWTH
* STRAD ENERGY SERVICES- ANNOUNCED ADDITIONAL $15.5 MILLION OF CAPITAL IS BEING ALLOCATED TO ITS INDUSTRIAL MATTING DIVISION TO SUPPORT ITS CONTINUED GROWTH
* STRAD ENERGY SERVICES -ADDITIONAL $15.5 MILLION WILL EXPAND CO'S MATTING FLEET BY ABOUT 22,000 MATS ,RELATED EQUIPMENT TO MEET CURRENT AND PENDING PROJECTS.
* STRAD ENERGY SERVICES LTD -COMBINED WITH PREVIOUS ALLOCATIONS, THE INCREASE BRINGS TOTAL CAPITAL PROGRAM FOR 2018 TO $28.5 MILLION