Enseco Energy Services Corp. Announces Record Results for Quarter Ending September 30, 2011

Enseco Energy Services Corp. ("Enseco" or the "Company") (TSX VENTURE:ENS) announces its financial results for the three months ended September 30, 2011.

HIGHLIGHTS FOR THE THREE MONTH PERIOD ENDING SEPTEMBER 30, 2011

--  Enseco achieved the following quarterly results compared to same period
    last year as follows: 
    --  Revenue increase of 35% to $22,294,000 for the quarter 
    --  Operating margins increased by 47% to 39% for the quarter 
    --  EBITDAS increased by 63% to $5,085,000 for the quarter 
    --  Net income increased by 149% to $3,264,000 for the quarter

--  In the first half of this fiscal year Enseco has reduced the Company's
    long term debt by 14% ($3,463,000) to approximately $24 million and
    continues to execute a strategy of aggressively reducing its debt. 

--  Continued strong North American demand for production testing frac
    flowback and directional drilling services has the Company well
    positioned for ongoing growth this quarter and rest of the year.

                                                         Three months ended 
                                                              September 30, 
                                                           2011        2010 
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Revenue from continuing operations                     $ 22,294    $ 16,530 
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Revised gross margin from continuing operations           8,784       5,993 
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EBITDAS from continuing operations                        5,085       3,117 
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Net income (loss) from continuing operations              3,264       1,313 
  Per common share - basic and diluted                 $   0.17    $   0.08 
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Net loss from discontinued operations                         -        (204)
  Per common share - basic and diluted                 $   0.00    $  (0.01)
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Total net income (loss)                                   3,264       1,109 
  Per common share - basic and diluted                 $   0.17    $   0.07 
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Cash flow from/(used in) continuing operations,                             
 before changes in non-cash working capital items         5,035       3,265 
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Cash flow from/(used in) continuing operations, after                       
 changes in non-cash working capital items                   55        (584)
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Cash flow from/(used in) discontinued operations              -        (110)
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(i)(See Non-IFRS Measures section)

OUTLOOK

Management believes that the underlying fundamentals in the North American resource plays will remain strong throughout the balance of the year. Oil and liquids rich drilling in both Canada and the USA will continue to provide additional opportunities to expand the Company's operations as activity levels in each of Enseco's operating areas of Western Canada, North Dakota and the Rocky Mountains continue to be very strong. Enseco currently derives over 80% of its income from oil and liquids rich horizontal drilling activity.

Directional drilling demand continues to increase as a percentage of total wells drilled and is now over 80%. Demand for the Company's directional drilling services and production testing frac flowback services are expected to continue to grow in all areas that the Company operates. Longer, more complex, flow back operations are expected to greatly increase the requirements for production testing services. The Company has significant opportunity to continue its growth and expansion of its two business lines in both Canada and the USA and will continue to add capacity. Additionally, Enseco continues to work closely with its clients to enable a continued ramp up of fleet and activity as required.

During spring breakup, Enseco opened a facility in Leduc to improve and repair its Measurement While Drilling ("MWD") equipment. This facility has dramatically improved the run time performance and efficiency of the Company's Directional Drilling division. With the engineering improvements and reductions in rebuild times now available through Enseco's in-house MWD lab, Enseco anticipates increased directional drilling operating margins as it will now have minimal requirements to rent additional MWD units, even as activity continues to grow.

Management believes that additional operational and financial benefits are available with a full service motor shop facility and has begun plans to develop this facility which is expected to be operational in mid 2012.

During 2012, Enseco will continue to implement programs to increase efficiencies and cost reductions which will increase its revised gross margins and EBITDAS.

ABOUT ENSECO ENERGY SERVICES CORP.

Enseco is a premier supplier of directional drilling and production testing frac flowback 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, a corporate office located in Calgary and sales offices located in Calgary and Denver. Enseco is led by an experienced management team with a focus on continued value creation through accretive acquisitions and organic growth.

FORWARD LOOKING DISCLAIMER

Certain information and statements contained in this statement constitute forward-looking information, including, but not limited to: statements concerning Enseco's future business strategy, marketing and expansion plans; expectations regarding the growth of Enseco's fleet and equipment; plans to aggressively reduce debt; industry demand and demand for the Company's services; expectations regarding increased directional drilling operating margins and decreased rental costs; plans to develop a full service motor facility; expectations regarding future revenues, cash flow, EBITDAS, cost reductions, rental reductions, improved efficiencies, profit margins and other financial results; expectations regarding resource play drilling activity levels and drilling programs; expectations respecting the competitive position of Enseco's business divisions; expectations concerning the financing of future business activities. Although management of the Company believes that the expectations reflected in such forward looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Accordingly, readers should not place undue reliance upon any of the forward-looking information set out in this press release. Readers should review the cautionary statement respecting forward-looking information that appears below. All of the forward looking statements of the Company contained in this press release are expressly qualified, in their entirety, by this cautionary statement.

The information and statements contained in this statement that are not historical facts are forward-looking statements. Forward-looking statements (often, but not always, identified by the use of words such as "seek", "plan", "continue", "estimate", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "expect", "may", "anticipate" or "will" and similar expressions) may include plans, expectations, opinions, or guidance that are not statements of fact. Forward-looking statements are based upon the opinions, expectations and estimates of management as at the date the statements are made and 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. These factors include, but are not limited to, such things as: changes in industry conditions (including the levels of capital expenditures made by oil and gas producers and explorers), the credit risk to which the Company is exposed in the conduct of its business, fluctuations in prevailing commodity prices or currency and interest rates, the competitive environment to which the various business divisions are, or may be, exposed in all aspects of their business, the ability of the Company's various business divisions to access equipment (including parts) and new technologies and to maintain relationships with key suppliers, the ability of the Company's various business divisions to attract and maintain key personnel and other qualified employees, various environmental risks to which the Company's business divisions are exposed in the conduct of their operations, inherent risks associated with the conduct of the businesses in which the Company's business divisions operate, timing and costs associated with the acquisition of capital equipment, the impact of weather and other seasonal factors that affect business operations, availability of financial resources or third-party financing and the impact of new laws or changes in administrative practices on the part of regulatory authorities. The various risks to which Enseco is exposed are described in additional detail in the Company's Annual Information Form under the heading "Risk Factors" which is available on SEDAR at www.sedar.com.

Forward-looking information concerning the nature and timing of growth within the various business divisions is based on the current budget of the Company (which is subject to change), factors that affected the historical growth of such business divisions, sources of historic growth opportunities and expectations relating to future economic and operating conditions. Forward-looking information concerning the future competitive position of the Company's business divisions is based upon the current competitive environment in which those business divisions operate, expectations relating to future economic and operating conditions, current and announced build programs and other expansion plans of other organizations that operate in the energy service business. Forward-looking information concerning the financing of future business activities is based upon the financing sources on which the Company has historically relied and expectations relating to future economic and operating conditions. Forward-looking information concerning future economic and operating conditions is based upon historical economic and operating conditions, opinions of third-party analysts respecting anticipated economic and operating conditions.

With respect to forward-looking statements contained in this press release, Enseco has made assumptions regarding commodity prices and royalty regimes, availability of skilled labour, timing and amount of capital expenditures, future foreign exchange rates, interest rates, the impact of increasing competition, conditions in general economic and financial markets, effects of regulation by governmental agencies, and future operating costs.

Management has included the above summary of assumptions and risks related to forward-looking information provided in this press release in order to provide shareholders with a more complete perspective on Enseco's future operations and such information may not be appropriate for other purposes. Enseco's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Enseco will derive there from. Readers are cautioned that the foregoing lists of factors are not exhaustive. These forward-looking statements are made as of the date of this press release and Enseco disclaims any obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

NON-IFRS MEASURES

EBITDAS means earnings before interest, taxes, depreciation and amortization, and stock-based compensation and is equal to earnings before income taxes from continuing operations plus interest on debt, other charges and interest expense, depreciation and amortization, stock-based compensation, unrealized foreign exchange loss, and loss on sale of equipment. Cash flow means cash flows provided by continuing operations before changes in non-cash working capital items.

Gross margin is calculated as revenues less operating expenses. Operating losses, EBITDAS, cash flow, and gross margin are not recognized measures under Canadian generally accepted accounting principles ("GAAP"). Management believes that in addition to net losses, operating losses, EBITDAS, cash flow, and gross margin are useful supplemental measures as they provide an indication of the results generated by the Company's primary business activities prior to consideration of how those activities are financed, amortized or how the results are taxed in various jurisdictions as well as the cash generated by the Company's primary business activities. Readers should be cautioned, however, that operating losses, EBITDAS, cash flow and gross margin should not be construed as an alternative to net losses determined in accordance with GAAP as an indicator of Enseco's performance. Enseco's method of calculating operating losses, EBITDAS, cash flow and gross margin may differ from other organizations and, accordingly, operating losses, EBITDAS, cash flow and gross margin may not be comparable to measures used by other organizations.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Enseco Energy Services Corp. Lane Roberts President and CEO 1-403-806-0088 403-806-0084 (FAX) Enseco Energy Services Corp. Blair Layton CFO 1-403-806-0088 403-806-0084 (FAX)www.enseco.com