Enterprise Group Announces Addition of New Client
Enterprise Group (OTCQB:ETOLF) has announced a new business relationship with a major Canadian oil and gas producer through its subsidiary Evolution Power Projects (EPP).
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Rhea-AI Summary
Enterprise Group (OTCQB:ETOLF) has announced a new business relationship with a major Canadian oil and gas producer through its subsidiary Evolution Power Projects (EPP). The unnamed client, with a $3 billion market cap and nearly 50 years of industry experience, specializes in liquids-rich natural gas and oil assets in Western Canada.
EPP will provide natural gas power generation systems to enhance the client's operations while supporting environmental regulatory compliance. The collaboration comes as Enterprise expects increased activity in the second half of 2025, following a typical spring breakup period in the services sector.
Positive
- New partnership with a significant $3 billion market cap Canadian energy producer
- Strategic expansion of EPP's power generation services in Western Canada
- Alignment with expected H2 2025 business activity increase
Negative
- None.
Details
News Market Reaction – ETOLF
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St. Albert, Alberta--(Newsfile Corp. - July 29, 2025) - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise"). Enterprise, a consolidator of services (including specialized natural gas power generation equipment to the energy/resource and industrial sectors), emphasizes technologies that mitigate, reduce, or eliminate CO2, Green House Gas (GHG) and other harmful emissions for small local and Tier One resource clients, announces a new business relationship with a Canadian based oil and gas producer.
Enterprise Group, through its wholly owned subsidiary Evolution Power Projects (EPP), is pleased to announce a new collaboration with a prominent Canadian energy producer. With nearly 50 years of industry excellence and a current market capitalization of
As part of this new collaboration, EPP will provide innovative natural gas power generation systems, designed to enhance the client's operations while assisting with compliance of environmental regulatory standards. The client has consistently demonstrated a commitment to minimizing its environmental impact, employing responsible practices to mitigate negative consequences and advancing ecological sustainability goals.
Leonard D. Jaroszuk, Enterprise CEO & Chairman comments: "This new customer addition aligns with our expectations for increased activity in the second half of the year, following a more typical spring breakup period marked by lower activity levels in the services sector."
Evolution Power Projects is redefining mobile power solutions by optimizing efficiency, simplifying rental management, and supporting the transition to natural gas alternatives. EPP's "Concept to Completion Approach" offers customers a comprehensive evaluation of their power needs, with environmentally responsible, low-carbon solutions that align with their sustainability objectives.
About Enterprise Group, Inc.
Enterprise Group, Inc is a consolidator of services, including specialized natural gas power generation equipment to the energy/resource and industrial sectors. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2, Greenhouse Gas (GHG) and other harmful 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 on the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedarplus.com. For questions or additional information, please contact:
For questions or additional information, please contact:
Leonard Jaroszuk, CEO & Chairman, or
Desmond O'Kell, President & Director
780-418-4400
contact@enterprisegrp.ca
Forward-Looking Information
Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements in this news release including, without limitation, the anticipated use of proceeds and opportunities available to the Company. Actual future results may differ materially. The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR+ website www.sedarplus.ca) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260427
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