Enseco Energy Services Corp. ("Enseco" or the "Company") (TSX VENTURE:ENS) is
pleased to advise that its previously announced (November 13, 2009) agreement to
acquire all of the issued and outstanding shares of a private directional
services company ("Directional Acquisition") closed on November 30, 2009 as
scheduled. Blackmont Capital Inc. acted as the financial advisor to the Board of
Directors of Enseco in respect of the transaction.


In connection with the closing of the Directional Acquisition, the Company also
entered into a new $29.7 million credit facility with its lender which includes:




--  a $6.0 million demand revolving operating facility; 
--  a $15.7 million non-revolving capital facility to finance the
    acquisition of capital assets which is fully drawn and is repayable over
    60 months which commenced October 31, 2009; 
--  a $3.0 million non-revolving capital facility which was used to repay
    certain long term indebtedness owing by the private directional services
    company and which is payable over 60 months commencing December 31,
    2009; and 
--  a $5.0 million non-revolving demand acquisition facility that was used
    to fund the cash portion of the purchase price of the Directional
    Acquisition. 



At November 30, 2009, the Company had approved access to approximately $28.1
million of the total $29.7 million credit facility, but has drawn approximately
$28.6 million as of that date and the Company is currently in breach of certain
of its covenants under the new facility.


In addition, pursuant to the Directional Acquisition, Enseco acquired access to
the private companies' $5.5 million demand revolving operating facility, of
which approximately $1.8 million was drawn as of the date hereof.


Enseco is a growing supplier of energy related services operating throughout
Western Canada and the United States, with operational centers in Red Deer,
Whitecourt, Edmonton, Beaverlodge, Grande Prairie, Fort St. John, Midale
(Saskatchewan), Minot (North Dakota) and Gillette (Wyoming) as well as a
corporate and sales office located in Calgary. Enseco is led by an experienced
management team currently offering directional drilling services, well swabbing,
production testing and open hole logging, with a focus on continued value
creation through accretive acquisitions and organic growth.