Essential Energy Services Trust reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, net loss and comprehensive loss was $10.9 million or $0.18 per basic and diluted share on revenue of $15.9 million against net loss and comprehensive loss of $14.4 million or $0.24 per basic and diluted share on revenue of $25.1 million last year. Loss from continuing operations before income taxes was $13.2 million against $8.3 million last year. Loss from continuing operations was $10.9 million against $9.2 million last year. Loss per basic and diluted unit from continuing operations was $0.18 against $0.15 last year. The company reported negative EBITDAS from continuing operations of $3.4 million against $1.6 million last year. The company reported funds used in operations of $3.9 million or $0.07 per basic and diluted unit against $5.7 million or $0.10 per basic and diluted unit last year. Loss from continuing operations was $10.9 million against $9.2 million last year. Funds used in continuing operations were $3.9 million against $3.0 million last year. Investments in property and equipment were $2.0 million against $1.1 million last year. For the six months, net loss and comprehensive loss was $5.4 million or $0.09 per basic and diluted share on revenue of $58.1 million against net loss and comprehensive loss of $11.7 million or $0.25 per basic and diluted share on revenue of $40.1 million last year. Loss from continuing operations before income taxes was $10.8 million against $8.3 million last year. Loss from continuing operations was $5.4 million against $9.2 million last year. Loss per basic and diluted unit from continuing operations was $0.09 against $0.20 last year. The company reported EBITDAS from continuing operations of $4.6 million against $1.9 million last year. The company reported funds from operations of $3.8 million or $0.06 per basic and diluted unit against $1.3 million or $0.03 per basic and diluted unit last year. Loss from continuing operations was $5.4 million against $9.2 million last year. Funds from continuing operations were $3.8 million against $0.1 million last year. Investments in property and equipment were $4.6 million against $2.4 million last year. The company announced the cash distribution for the period July 1, 2009 to September 30, 2009 has been set at $0.01 per trust unit. The cash distribution will be paid on October 15, 2009 to unit holders of record on September 30, 2009. The ex-distribution date is September 28, 2009.

Essential Energy Services Trust expected to Report Q3 2009 Results on November 9, 2009. This event was calculated by Capital IQ (Created on August 12, 2009).

Essential Energy Services Trust anticipates that further acquisition opportunities may begin to unfold as competitors encounter challenges within the current business environment. Management will continue to consider and evaluate such opportunities as they arise.