January 24, 2022. St. Albert, Alberta – Enterprise Group, Inc. (TSX: E) (the “Company” or “Enterprise”), a consolidator of mobile site infrastructure services and equipment to the energy sector announces the beginning of a 2-year support services agreement with a global Tier One client.
In the past, Enterprise was brought in to provide key physical infrastructure to a client’s remote site needs including completions.
Today’s announcement represents a relationship which expands the Company’s services and infrastructure abilities to include involvement in the initial site planning, including drilling and critical water management support. Enterprise’s extensive infrastructure expertise will add significant value, cost savings and environmental benefits to existing and future engagements.
This global client has major single and joint resource operations and holdings in Western Canada. It is also a member of LNG Canada, which will export Canadian natural gas to Asian markets, position Canada on the global map of LNG exporting countries and create a robust and world-class liquefied natural gas (LNG) industry in British Columbia and Canada.
Leonard Jaroszuk CEO, President and Chairman of Enterprise group stated, “We are extremely gratified for the confidence this substantial international client has put in Enterprise. We feel that our depth of experience as well as our stated commitment to assisting our clients in addressing environmental, climatic and carbon reduction issues within the resource sector will be a highlight of the corporate growth we see both now and in the future.”
As with the Company’s other Tier One clients this deal fits precisely into Enterprise Group’s significant technology commitment: To develop and deliver clients the products and services to significantly reduce costs as well as carbon and greenhouse gas output. The client is committed to the safety of its people, minimizing its impact on the environment, and honoring the communities in which it works.
About Enterprise Group, Inc.
Enterprise Group, Inc is a consolidator of services-including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce or eliminate CO2 and Greenhouse Gas emissions for itself and clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada. More information is available at the Company’s website www.enterprisegrp.ca. Corporate filings can be found on www.sedar.com. For questions or additional information, please contact:
Leonard Jaroszuk: President & CEO, or
Desmond O’Kell: Senior Vice-President
Ph: 780-418-4400 …..Continued
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