Enseco Energy Services Corp. Announces Non-Brokered Private Placement and the Retirement of Its President and Chief Executive...

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VIOLATION OF U.S. SECURITIES LAWS. 


Enseco Energy Services Corp. ("Enseco" or the "Company") (TSX VENTURE:ENS) is
pleased to announce that it will be conducting a non-brokered private placement
of up to 2,050,000 units of the Company ("Units") of the Company at a price of
$1.15 per Units for aggregate proceeds of up to $2,357,500 (the "Private
Placement"), subject to the receipt of all applicable regulatory approvals. Each
Unit consists of one common share in the capital of the Company (a "Common
Share") and one-half of one common share purchase warrant (each whole warrant a
"Warrant"). Each Warrant shall entitle the holder thereof to acquire one Common
Share until September 30, 2012 at a price of $1.65 per share. Insiders of the
Company are expected to acquire approximately 45% of the Units issued under the
Private Placement. The proceeds of the Private Placement will be used for
general working capital and general corporate purposes. The Private Placement is
expected to close on or around January 31, 2012.  


The Common Shares and Warrants issued pursuant to the Private Placement will be
subject to a hold period of four months and one day from the closing date as
well as other restrictions with respect to sales from control positions. 


The securities to be issued pursuant to the Private Placement by Enseco have not
and will not be registered under the United States Securities Act, 1933, as
amended (the "1933 Act"), or the securities laws of any state of the United
States and may not be offered or sold in the United States absent registration
or an applicable exemption therefrom under the 1933 Act and the securities laws
of all applicable states. 


In conjunction with the Private Placement, Lane Roberts, an insider of the
Company, will sell 650,000 Common Shares held by him at a price of $1.15. The
proceeds of this share sale will be used by Mr. Roberts to purchase a first
secured mortgage (the "Mortgage") held by the Company over certain real property
located in British Columbia. The sale of the Mortgage will provide the Company
with additional resources to fund its capital program. 


Retirement of President and Chief Executive Officer 

The Company also announces that Lane Roberts, the President and Chief Executive
Officer of the Corporation will be retiring effective as of February 29, 2012.
Lane will continue with the Company on an interim basis following his retirement
to aid in the transition, and will remain on the Company's board of directors.


ABOUT ENSECO ENERGY SERVICES CORP. 

Enseco is a premier supplier of directional drilling and production testing
services operating throughout the Western Canadian Sedimentary Basin and select
markets in the United States, with operations in the Bakken, Cardium, Viking,
Montney and Green River resource plays as well as a corporate and sales office
located in Calgary. Enseco is led by an experienced management team with a focus
on continued value creation through accretive acquisitions and organic growth. 


FORWARD-LOOKING STATEMENTS

Certain information and statements contained in this press release constitute
forward-looking information or forward-looking statements (collectively
"forward-looking statements"), as defined under applicable securities laws.
Specifically this press release contains forward-looking statements relating to
the closing of the Private Placement, the sale of shares by an insider, the use
of proceeds of the Private Placement and the sale of the Mortgage, the issuance
of Common Shares and Warrants, the terms of the Warrants, insider participation
in the Private Placement, the consideration for the Private Placement and Mr.
Roberts' retirement. These forward-looking statements are based on certain key
assumptions regarding, among other things, the timing of closing of the Private
Placement, the receipt of regulatory approval, current industry conditions and
the general economic conditions in Canada and the United States. Furthermore,
these forward-looking statements are subject to a variety of risks and
uncertainties and other factors that could cause actual events or outcomes to
differ materially from those anticipated or implied by such forward-looking
statements. Such factors include, but are not limited to, general economic
conditions in Canada and the United States, industry conditions, changes in laws
and regulations and changes in how they are interpreted and enforced, increased
competition, volatility of commodity prices, and the inability to complete the
transactions or to obtain required regulatory approvals. Readers are cautioned
that the assumptions used in the preparation of such information, although
considered reasonable at the time of preparation, may prove to be imprecise and,
as such, undue reliance should not be placed on forward-looking statements.
Enseco's actual results, performance or achievement could differ materially from
those expressed in, or implied by, these forward-looking statements, or if any
of them do so, what, if any, benefits that Enseco will derive therefrom. The
forward-looking statements contained in this press release speak only as of the
date of this press release and are expressly qualified by this cautionary
statement. Enseco disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, except as required by law.