Enseco Energy Services Corp. Announces Results for the Three Months Ended September 30, 2010

Enseco Energy Services Corp. ("Enseco" or the "Company") (TSX VENTURE:ENS)
announces its financial results for the three months ended September Q3, 2010.
The unuadited financial statements and notes, as well as management's discussion
and analysis are available on Enseco's profile on SEDAR at www.sedar.com.


TURNAROUND CONTINUES AND GATHERS MOMENTUM

Enseco continues its rapid growth and profitability in the North American
resource plays. The Company repositioned itself in early 2010 as a directional
drilling led company focusing on oil and liquid resource plays. Activity and
fundamentals in oil related resource plays continue to improve and with 5
acquisitions and an aggressive capital expenditure program Enseco expects to
continue to significantly expand its business into 2011. Larger fleet, stronger
utilizations and improved pricing are expected to contribute to the upcoming
fall and winter quarters.




--  Strong focused growth continuing in Saskatchewan, Alberta, North Dakota
    and Wyoming 
    
--  Quarterly revenue increased 209% from last year to $16.7 million 
    
--  Quarterly gross margin increased 796% from last year to $6.0 million 
    
--  Quarterly EBITDA increased to $3.0 million from ($0.6 million) last year
    
--  Quarterly cash flow increased to $2.5 million from ($0.8 million) last
    year 
    
--  All banking covenants met and the Company obtained an increase in its
    revolving line of credit to $15.0 million from $8.5 million in the
    previous quarter 
    
--  Completion of a $6.0 million private placement 
    
--  Divestiture of the swabbing division for gross proceeds of $3.0 million 
    
--  Acquisition of all of the assets of a private directional drilling
    services company with operations in North Dakota and Wyoming for US$2.3
    million 
    
--  Acquisition of resource play specific testing assets for $1.2 million
    bringing the Company's total resource play Canadian testing kits to 30
    and North Dakota testing kits to 10. 
    

                                                         Three months ended 
                                                              September 30, 
($000's except per share data)                              2010       2009 
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Revenue from continuing operations                      $ 16,748   $  5,417 
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Gross margin from continuing operations (1)                5,992        745 
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EBITDA from continuing operations (1)                      2,973       (570)
----------------------------------------------------------------------------
Net income (loss) from continuing operations               1,099     (1,636)
 Per common share - basic and diluted                       0.01      (0.07)
----------------------------------------------------------------------------
Net income (loss) from discontinued operations              (177)      (460)
 Per common share - basic and diluted                          0      (0.01)
----------------------------------------------------------------------------
Total net income (loss)                                      922     (2,096)
 Per common share - basic and diluted                       0.01      (0.05)
----------------------------------------------------------------------------
Cash flow from/(used in) continuing operations, before                      
 changes in non-cash working capital items (1)             2,521       (750)
Cash flow from/(used in) continuing operations, after                       
 changes in non-cash working capital items (1)            (2,679)    (1,889)
Cash flow from/(used in) discontinued operations (1)         (74)      (193)
----------------------------------------------------------------------------
Note:                                                                       
(1)  See Non-GAAP Measures below.                                           



OUTLOOK

In the last 12 months Enseco has moved from operating 5 varied business lines
down to two business lines, concentrated in the North American directional
drilling resource play basins. Significant growth both organically and by
acquisition has allowed the Company to take advantage of the increasing demand
for services required in these North American resource play environments.
Current higher resource play drilling levels in both Canada and the United
States have led to record levels of horizontal drilling activity. Many of
Enseco's North American clients have increased their drilling programs through
2010. As a result, Enseco expects to see continued higher utilization rates
through the upcoming quarters. 


Despite slow September activity due to very wet weather, the Company posted
record activities and profits. With continued strong activity and the ongoing
growth in the Company's two business lines, it is expected that both revenues
and profits will show additional significant growth in the Company's fiscal
third quarter. A clear focus on resource play activity and its rapid recent
growth leaves the Company in a stronger position going forward into the new
fiscal year. The gradual elimination of the use of rental equipment and the high
grading of the types of equipment acquired in the Company's recent acquisitions
have led to continually improving margins on both its directional drilling and
testing businesses. 


Both Enseco's testing division and its directional drilling division experienced
their highest revenue month in the Company's history during October with
expectations that the high utilization rates and increased profit margins will
continue throughout 2010 and into 2011.


We are pleased with the results of our efforts to refocus the Company and look
forward to reporting increasingly stronger financial results in the upcoming
quarters.


ABOUT ENSECO

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 Montney, Cardium, Viking,
Bakken, Green River and Eagle Ford 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, including, without limitation, expectations
regarding Enseco's plans to continue to significantly expand its business into
2011; expectations regarding the impact of the Company's larger fleet and
anticipated pricing on the Company's future financial results; expectations
regarding industry conditions, including continued growth in oil and liquid
resource plays and anticipated resource play drilling activity levels and
drilling programs; expectations regarding future higher utilization rates and
demand for the Company's services; anticipated declines in rental costs;
expectations regarding future revenues, costs, EBITDA, profit margins and
financial results; and Enseco's ongoing focus, strategy, and business plans,
which are provided by management to enable investors to better understand our
business, and such information may not be appropriate for other purposes. These
forward-looking statements are based upon the opinions, expectations and
estimates of management as at the date the statements are made including the
Company's current budget (which is subject to change), expectations regarding
the Company's ability to continue its operations, the continued support of the
Company's lender and the Company's ability to raise additional equity,
expectations relating to future economic and operating conditions and statements
relating to Enseco's marketing, operational and business plans, the competitive
environment and opinions of third-party analysts respecting anticipated economic
and operating conditions. 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, fluctuations in the market for oil
and gas and related products and services, political and economic conditions,
the demand for services provided by Enseco, industry competition and Enseco's
ability to attract and retain both customers and key personnel and the Company's
ability to continue its operations, the continued support of the Company's
lender and Enseco's ability to raise additional equity. Enseco has made
assumptions regarding, but not limited to, commodity prices, foreign exchange
rates, interest rates, the availability of skilled labour, and the timing and
amount of capital expenditures. 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
benefits that Enseco will derive therefrom. 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.


NON-GAAP MEASURES

This press release refers to earnings before interest, taxes, depreciation and
amortization (EBITDA), cash flow and gross margin which are measures used by the
Company that are not a standard measure under Canadian generally accepted
accounting principles ("GAAP"). EBITDA is equal to earnings before income taxes
from continuing operations plus interest on debt, other interest expense,
depreciation and amortization, 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.
Management believes that in addition to net losses, EBITDA, 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 EBITDA, cash flow and gross margin should not be construed as an
alternative to net income determined in accordance with GAAP as an indicator of
Enseco's performance. Enseco's method of calculating EBITDA, cash flow and gross
margin may differ from other organizations and, accordingly, EBITDA, cash flow
and gross margin may not be comparable to measures used by other organizations.