Enseco Energy Services Corp. (TSX VENTURE:ENS) ("Enseco" or the "Company") is
pleased to announce that it has closed its previously announced private
placement financing (the "Offering") of the Company through a syndicate of
underwriters led by Desjardins Securities Inc. and including FirstEnergy Capital
Corp., Wellington West Capital Markets Inc. and Acumen Capital Finance Partners
Limited (collectively the "Underwriters"). The Offering consisted of 40,000,000
units ("Units") of the Company (including 15,000,000 Units that were issued
pursuant to the exercise of an option (the "Underwriters' Option") of the
Underwriters) issued at a price of $0.20 per Unit for aggregate gross proceeds
of $8,000,000. Of the 40,000,000 Units issued pursuant to the Offering,
7,250,000 Units (the "Escrowed Units") are being held in escrow subject to the
TSX Venture Exchange's final listing approval. 


Each Unit consists of one common share (a "Common Share") of the Company and one
half (1/2) of a warrant. Each whole warrant entitles the holder to purchase one
additional common share at a price of $0.25 for a period of one year.


The net proceeds of the Offering will be used to fund the previously announced
acquisition (the "Acquisition") of the directional drilling kits and related
assets of a private energy services company with significant operations in the
United States and general corporate purposes. The Acquisition is scheduled to
close on or about February 12, 2010. 


Enseco is a growing supplier of energy related services operating throughout
western Canada and the United States, with operational centres in Red Deer,
Edmonton, Beaverlodge, Fort St. John, Midale (Saskatchewan), Minot (North
Dakota) and Gillette (Wyoming) as well as a corporate and sales office located
in Calgary and a corporate sales office in Houston. Enseco is led by an
experienced management team offering directional drilling, well swabbing and
production testing services 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. Specifically this press release contains
forward-looking statements relating to the use of proceeds of the Offering, the
Escrowed Units and the closing of the Acquisition. 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. These
forward-looking statements are based on certain key assumptions regarding, among
other things, the benefits to be achieved from the Acquisition, the satisfaction
of the release conditions for the Escrowed Units, the satisfaction of closing
conditions of the Acquisition, including receipt of regulatory approval and the
completion of satisfactory due diligence. 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 satisfy the closing conditions, including
receipt of regulatory approval and the completion of the Offering. 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.