ENQ Enquest Energy Ser Corp

ENQUEST ENERGY SERVICES CORP. ("EnQuest" or "the Corporation") (TSX VENTURE:ENQ)
announces that it has signed a Letter of Intent with a US based corporation to
sell assets.


The Letter of Intent addresses the sale of substantially all of the assets of
Speedy Heavy Hauling, Inc. The transaction contemplated by the Letter of Intent
is subject to, among other things, the completion of due diligence and the
obtaining by the purchaser of financing approval. Shareholders are advised that
any transaction will require shareholder approval and may be subject to
regulatory approval.


The Corporation is continuing to pursue the sale of other assets of the
Corporation. EnQuest also continues its program of cost reductions in an effort
to bring about profitability.


EnQuest has operations through-out the United States and Canada. The common
shares of EnQuest are listed on the TSX Venture Exchange and trade under the
symbol "ENQ".

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