EnQuest Energy Services Corp. Reports Second Quarter 2008 Results

EnQuest's CEO, David Murray, stated, "I am pleased with the Company's continued improvement in its operations during the second quarter, which has translated to stronger operating margins and profitability. For the second quarter, revenues were $38.6 million USD, EBITDAS was $5.76 million USD and net income was $1.34 million USD. The Company is well positioned to continue its accelerating financial performance on both the top line and bottom line for the balance of the year."

Mr. Christopher Challis, the Company's Senior Vice President, also stated, "I am pleased with continued expansion of our business and our product offerings to the marketplace within North America."

The Financial Statements and the Management Discussion and Analysis can be viewed on SEDAR www.sedar.com.

EnQuest provides energy services throughout North America in the following primary business segments: transportation services, rig moving, crane services, specialized heavy hauling, oilfield equipment rentals, retailer of new and refurbished Oil Country Tubular Products and pipe storage.

EnQuest provides services from Alaska to the Gulf of Mexico; with strategic locations in: Alberta, Montana, Colorado, New Mexico, California, Texas, Arkansas, and Wyoming.

Forward Looking Statements

Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management 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 results to differ materially from those projected in the forward-looking statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. (403) 348-0451 (FAX)