Enseco Energy Services Corp. ("Enseco" or the "Comp any") (TSX VENTURE:ENS)
announces its financial results for the three months ended December 31, 2011.


HIGHLIGHTS FOR THE THREE MONTH PERIOD ENDING DECEMBER 31, 2011



--  Enseco achieved the following quarterly results compared to same period
    in the prior year as follows: 
    --  Revenue increase of 8% 
    --  Adjusted gross margin increase of 23% 
    --  EBITDAS increase of 54% 
    --  Net income increase from $28 thousand to $1.6 million.
--  Enseco has reduced the Company's long term debt by 20% ($5.0 million)
    since March 31, 2011 and continues to execute a strategy of aggressively
    reducing its debt. 
--  On February 3, 2012, the Company closed a non-brokered private placement
    of the sale of 2.05 million units at a price of $1.15 per unit. Each
    unit consists of one common share and one-half warrant. Each whole
    warrant entitles the holder to acquire one common share until September
    30, 2012 at a price of $1.65 per share. 
--  The proceeds from the private placement and operating cash flows were
    used to repay the 12% debenture liability of $3.0 million on February
    17, 2012, reducing the Company's debt a further 9%. 
--  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 
                                                               December 31, 
In thousands of dollars                                      2011      2010 
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Revenue from continuing operations                     $   21,537 $  20,009 
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Adjusted gross margin from continuing operations 1     $    8,313 $   6,736 
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EBITDAS from continuing operations 1                   $    4,375 $   2,844 
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Net income (loss) from continuing operations           $    1,615 $      28 
  Per common share - basic and diluted                 $     0.08 $    0.00 
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Total net income (loss)                                $    1,615 $      28 
  Per common share - basic and diluted                 $     0.08 $    0.00 
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Cash flow from continuing operations, before changes                        
 in non-cash working capital items 1                   $    4,479 $    (527)
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Cash flow from/(used in) continuing operations, after                       
 changes in non-cash working capital items             $    1,033 $    (662)
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1 See Non-IFRS Measures                                                     



OUTLOOK

Management believes drilling activity in oil and liquids rich environments will
continue to be strong throughout 2012. Enseco is well positioned in the current
commodity price environment with approximately 85% of its income related to
horizontal oil and liquids drilling activity. Enseco's operating areas include
the US and Canadian Bakken, Cardium, Viking, Montney, Green River and related
fields in which the underlying fundamentals should remain strong. These plays
are expected to remain active and grow as drilling programs continue to shift
from dry gas to oil and liquids rich developments.


Directional drilling continues to increase as a percentage of total wells
drilled and now comprises over 80% of total wells drilled. 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.


With continued positive cash flow, Enseco is focused on reducing overall debt
levels while opportunistically increasing its capital expenditures to take
advantage of the strong growth in activity expected in our core operating areas.
This includes the development of a motor repair facility and additional
production testing assets to be deployed in the USA Bakken throughout 2012.


It is expected that the pursuit of these growth opportunities, accompanied by
initiatives to improve margin efficiency, and reduced debt levels will continue
to improve the Company's financial performance going forward.


FILINGS

Enseco has filed with Canadian securities regulatory authorities its unaudited
consolidated financial statements for the three and nine months ended December
31, 2011 and the 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 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 press release constitute
forward-looking information, including, but not limited to: statements
concerning Enseco's future business strategy, marketing and expansion plans;
expectations regarding future revenues, gross margins, improved efficiencies,
cost reductions, and other financial results; expectations regarding resource
play drilling activity levels and drilling programs; general industry and
operating conditions, expectations regarding future higher utilization rates and
demand for the Company's services; future geographical and product focus; plans
to develop a motor repair facility and the source of funding planned capital
expenditures and acquisitions, and plans to continue to reduce debt levels; and
the Company's ability to raise additional debt or equity; expectations
respecting the competitive position of Enseco's business divisions;. 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", "ant icipate"
or "will" and similar expressions) may inc lude 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, anticipated
capital expenditures, 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.