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Press release from Marketwire

Essential Energy Services Confirms No Corporate Developments

Friday, February 17, 2012

Essential Energy Services Confirms No Corporate Developments15:00 EST Friday, February 17, 2012CALGARY, ALBERTA--(Marketwire - Feb. 17, 2012) - Essential Energy Services Ltd. (TSX:ESN) ("Essential" or the "Company"), at the request of market surveillance on behalf of the Toronto Stock Exchange, confirms that as of the date of this news release, there are no corporate developments and the Company is not aware of any material undisclosed developments that would cause the recent movements in the Company's share price.ABOUT ESSENTIAL Essential operates the largest coil tubing well service fleet in Canada with 51 coil tubing rigs and a fleet of 59 service rigs. Essential is a growth-oriented corporation that provides oilfield services to oil and gas producers in western Canada for servicing producing wells and new drilling activity. Essential also sells, rents and services downhole tools and equipment including the Tryton Multi-Stage Fracturing System. Further information can be found at www.essentialenergy.ca.FOR FURTHER INFORMATION PLEASE CONTACT: Garnet K. AmundsonEssential Energy Services Ltd.President and CEO(403) 513-7272service@essentialenergy.caORJeff B. NewmanEssential Energy Services Ltd.Chief Financial Officer(403) 513-7272service@essentialenergy.caORKaren PerasaloEssential Energy Services Ltd.Investor Relations(403) 513-7272service@essentialenergy.caThe TSX has neither approved nor disapproved the contents of this press release.