Enseco Energy Services Corp. Announces Results for the Three Months Ended March 31, 2013

ENSECO ENERGY SERVICES CORP. (TSX VENTURE:ENS) ("Enseco" or the "Company") is
pleased to announce its financial results for the three months ended March 31,
2013.




RESULTS FROM OPERATIONS                                                     
                                                                            
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                                                    Three months ended March
                                                               31           
                                                            2013        2012
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Revenue                                               $   17,201  $   24,500
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Adjusted gross margin (1)                             $    5,322  $    9,039
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EBITDAS (1)                                           $    1,613  $    4,539
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Net income (loss) before tax                          $    (259)  $    2,373
 Per common share - basic                             $   (0.01)  $     0.12
 Per common share - diluted                           $   (0.01)  $     0.11
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Net income (loss)                                     $    (401)  $    2,282
 Per common share - basic                             $   (0.02)  $     0.11
 Per common share - diluted                           $   (0.02)  $     0.10
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Cash flow before changes in non-cash working
 capital (1)                                          $    1,427  $    4,446
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Cash flow from (used in) operating activities         $    3,801  $    3,221
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(1) See definition within the Non-IFRS Measures below                    



HIGHLIGHTS FOR THE THREE MONTHS ENDED MARCH 31, 2013

Enseco achieved the following results for the three months ended March 31, 2013



--  Enseco's motor repair facility met all Q1 operating expectations,
    substantially reducing repair costs as anticipated. The engineering
    improvements and reductions in rebuild times now available through the
    motor repair facility, are expected to keep the Company's rental
    requirements and repair costs low even as activity grows. 
--  Enseco finalized the manufacturing of its own internal MWD platform with
    high temperature capabilities. 
--  Enseco's Electromagnetic Measurement ("EM") tools ran flawlessly with
    100 per cent reliability throughout the quarter. 
--  Enseco's Production Testing division has successfully met emerging
    technology shifts to successfully transition itself for increasingly
    complex frac flowback programs. 



OUTLOOK

Sales personnel that have been added to all divisions are gaining momentum and
increased sales revenue is expected in the upcoming months.


Enseco continues to develop strategies for the growth of all of its four
divisions, balancing directional drilling and production testing revenues as
well as USA and Canadian revenues to provide maximum utilization of its
resources.


Management's focus continues to be on improving service delivery, cost
management and improving utilization and sales.


Our USA Production Testing safety and service quality have resulted in a 2 year
extension of a work contract from a major client.


Management believes that activity levels in Canada will continue to be
constrained throughout much of 2013 but are cautiously optimistic with their
efforts to improve the adjusted gross margin and EBITDAS through continued
engineering enhancements, internal repairs, and reduction of reliance on rental
equipment.


FILINGS

Enseco has filed with Canadian securities regulatory authorities its unaudited
interim condensed consolidated financial statements for the three months ending
March 31, 2013 and accompanying management's discussion and analysis ("MD&A").
These filings are available under Enseco's SEDAR profile at www.sedar.com.


ABOUT ENSECO ENERGY SERVICES CORP.

Enseco is a premier supplier of directional drilling, production testing and
frac flowback services operating throughout the Western Canadian Sedimentary
Basin and select markets in the United States, Our corporate office is located
in Calgary and sales offices are located in both 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 press release constitute
forward-looking information, including, but not limited to: statements
concerning Enseco's future business strategy, focus, marketing and other plans;
plans to improve service delivery; expectations regarding future rental and
repair costs; the benefits to be achieved from Enseco's products and services;
expectations regarding future revenues, cash flow, gross margins, EBITDAS, cost
management and other financial results; plans to increase the Company's sales
presence; plans to improve utilization rates and demand for the Company's
services; future geographic and product focus; and statements as to future
economic, industry and operating conditions. 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 press release 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.


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 in 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. Adjusted gross margin from
continuing operations equals gross margin, plus interest on debt, other charges
and interest expense, depreciation and amortization, stock-based compensation,
impairment loss/recovery, and loss on sale of equipment. Cash flow means cash
flows provided by continuing operations before changes in non-cash working
capital items.


EBITDAS, adjusted gross margin from continuing operations, and cash flows from
continuing operations before changes in non-cash working capital items are not
recognized measures under International Financial Reporting Standards ("IFRS").
Management believes that in addition to net losses, EBITDAS and cash flows, 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 EBITDAS and cash
flows from continuing operations before changes in non-cash working capital
items should not be construed as an alternative to net losses determined in
accordance with IFRS as an indicator of Enseco's performance. Enseco's method of
calculating operating losses, EBITDAS and cash flows from continuing operations
before changes in non-cash working capital items may differ from other
organizations and, accordingly, such measures may not be comparable to measures
used by other organizations. For reconciliation to the appropriate IFRS measure,
see our MD&A.




FOR FURTHER INFORMATION PLEASE CONTACT: 
Enseco Energy Services Corp.
Kent Devlin
CEO
403-806-0088


Enseco Energy Services Corp.
Blair Layton
CFO
403-806-0088
[e-mail]