Enterprise Group Announces Addition of New Tier One Client
St. Albert, Alberta--(Newsfile Corp. - December 12, 2023) - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise"). Enterprise, a consolidator of energy services (including specialized equipment rental to the energy/resource sector), emphasizes technologies that mitigate, reduce, or eliminate CO2 and Green House Gas (GHG) emissions for small local and Tier One global resource clients, announces a business relationship with a U.S. based oil and gas producer.
In possession of a market capitalization exceeding USD$10 billion, the new client entity emerges as a preeminent figure within the landscape of Canadian natural gas production, securing its position among the top ten industry producers. Its operational reach extends across the expanse of North America, boasting an impressive array of productive assets.
The client exhibits a dedicated embrace of emerging technologies and a firm commitment to innovation, underpinned by the strategic deployment of the foremost technical talent within the energy sector.
Notably, the client's historical trajectory reveals a steadfast adherence to principles of conscientious stewardship, as evidenced by a consistent exercise of due diligence to mitigate and, where possible, eliminate adverse environmental impacts. This track record underscores a commitment to the highest ranks of environmental responsibility, characterized by a continuous standard of care.
The client is a strong advocate for environmental stewardship, leading the industry in setting high standards. They actively work to reduce their environmental impact and achieve ecological goals centered on improving the quality of life for future generations. This commitment reflects their dedication to preserving environmental integrity and ensuring a sustainable legacy.
Today's client announcement continues Enterprise's historic tradition of consistently growing its significant and varied client base.
About Enterprise Group, Inc.
Enterprise Group, Inc ($E.TO | $ETOLF) 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 its 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
contact@enterprisegrp.ca
780-418-4400
Forward-Looking Information This news release may contain certain forward-looking information, as defined under applicable Canadian securities legislation, that is not based on historical fact, including without limitation statements containing the words "believes," "anticipates," "plans," "intends," "will," "should," "expects," "continue," "estimate," "forecasts" and other similar expressions. In particular, this news release includes forward-looking information relating to the Facility and the Company's intention to pursue acquisition opportunities and to purchase shares pursuant to the normal course issuer bid. Actual results, events, or developments could be materially different from those expressed or implied by these forward-looking statements. There is no assurance that any of the events or expectations will occur or be realized. By their nature, forward-looking statements are subject to numerous assumptions and risk factors including those discussed in the Company's Annual Information Form and most recent MD&A which are incorporated herein by reference and are available through SEDAR at www.sedar.com. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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