ESN Essential Energy Services Ltd

Essential Energy Services Ltd.  (TSX:ESN) ("Essential") announced today that it
has received approval from the Toronto Stock Exchange (the "TSX") to implement a
normal course issuer bid ("NCIB") for Essential common shares ("Shares"). Any
Share purchases by Essential pursuant to the NCIB will be for cancellation. 


Under the NCIB, Essential may purchase up to 12,182,508 of its issued and
outstanding Shares on the open market through the facilities of the TSX,
representing 10 percent of the public float. Essential has 124,021,468 Shares
issued and outstanding. As required by TSX policy, the maximum number of Shares
that may be purchased on one day may not exceed 56,113 Shares, which is 25
percent of the six month average daily trading volume of Shares on the TSX, at
February 28, 2013. The price which Essential will pay for any Shares purchased
will be the prevailing market price of such Shares on the TSX at the time of
purchase. 


The NCIB will commence on March 25, 2013, and will terminate on March 24, 2014
or at such earlier date as the NCIB is completed or terminated at the option of
Essential.


Essential plans to enter into an Automatic Share Purchase Plan ("ASPP") with a
broker for the purpose of buying Shares through Essential's regularly scheduled
blackout periods. Such purchases will be determined by the broker in its sole
discretion, based on parameters that are established by Essential prior to any
blackout period. All other purchases under the NCIB will be at the discretion of
Essential.


The Board of Directors believes that the Shares currently trade in a price range
that does not adequately reflect the underlying value of Essential's assets and
operations. As a result, Essential believes that the purchase of its outstanding
Shares is an attractive investment. In addition, the Board of Directors may use
the NCIB to offset the dilutive effects of the exercise of share options granted
by Essential under the share option plan.


ABOUT ESSENTIAL 

Essential is a growth-oriented, dividend paying corporation that provides
oilfield services to producers in western Canada for producing wells and new
drilling activity. Essential operates the largest coil tubing well service fleet
in Canada with 46 coil tubing rigs and a fleet of 55 service rigs. 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: 
Essential Energy Services Ltd.
Garnet K. Amundson
President and CEO
(403) 513-7272
service@essentialenergy.ca


Essential Energy Services Ltd.
Jeff B. Newman
Chief Financial Officer
(403) 513-7272
service@essentialenergy.ca


Essential Energy Services Ltd.
Karen Perasalo
Investor Relations
(403) 513-7272
service@essentialenergy.ca
www.essentialenergy.ca

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