Can't Start Windows Server Backup in 2008 R2

When I try to run the Windows Server Backup utility on one of my virtual 2008 R2 machines (running on VMWare ESXi it gives me the following message:

"A fatal error occurred during a Window Server Backup snap-in (Wbadmin.msc) operation.

Error details:
Reading events from the event log failed (Access is denied).  Make sure the Event Log service is running.

Close Wbadmin.msc and then restart it."

I have been able to successfully start another 2008 R2 server that is running adjacent to this one on the same ESXi box without incident.  I've tried to find the "Event Logging" service but it doesn't appear to be in the service list and neither the functional or dysfunctional server have their own "feature logs" as many other features (such as Group Policy) have in 2008 R2.

Has anyone seen this before?

Who is Participating?
nappy_dThere are a 1000 ways to skin the technology cat.Commented:
Please take a look at this MS support article
ChocolateRainAuthor Commented:
Thanks for your help.
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