Enterprise Group Announces Purchase Order from Tier One Client

Rhea-AI Summary

Enterprise Group (OTCQB:ETOLF) has secured a significant CAD$1 million purchase order for power and surface equipment rental from a major global energy producer's Canadian subsidiary. The client, which produces over 1.5 billion barrels of oil equivalent annually worldwide, has maintained a long-term relationship with Enterprise's subsidiaries.

The comprehensive rental package will support continuous 24/7 operations across multiple project sites through the end of 2025, aligning with the client's drilling and completions schedule in Canada's premier natural gas region. Enterprise's focus includes technologies that reduce CO2 and harmful emissions for both local and Tier One resource clients.

Positive

• Secured CAD$1 million purchase order from major global energy producer
• Contract extends through end of 2025 with continuous 24/7 operations
• Demonstrates continued trust from significant Tier One client
• Expands presence in Canada's leading natural gas region

Negative

• None.

St. Albert, Alberta--(Newsfile Corp. - August 25, 2025) - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise"). Enterprise, a consolidator of energy services (including specialized equipment and services to the energy/resource sector), emphasizes technologies that mitigate, reduce, or eliminate CO2, and other harmful emissions for small local and Tier One resource clients, is pleased to announce the receipt of a purchase order valued at CAD$1 million for a comprehensive rental package of power and surface equipment.

The order was awarded by the Canadian subsidiary of a major global energy producer, which boasts annual worldwide production exceeding 1.5 billion barrels of oil equivalent (BOE). Enterprise's subsidiaries have been long-standing service providers to this producer, supporting their operations with reliable equipment and expertise.

This latest order reflects the client's continued confidence in Enterprise's capabilities and aligns with their active development and production plans within Canada's most prolific natural gas region. The package includes a full suite of equipment assets designed to support continuous 24/7 operations across multiple project sites.

Spanning through the end of the calendar year, the equipment will mobilize with the client as they progress through their 2025 drilling and completions schedule.

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 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 at the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedarplus.ca. For questions or additional information, please contact:

For questions or additional information, please contact:
Leonard Jaroszuk: Chairman & CEO, or
Desmond O'Kell: President and Director
contact@enterprisegrp.ca
780-418-4400

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. 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/263651

FAQ

What is the value of Enterprise Group's (ETOLF) new purchase order in August 2025?

Enterprise Group secured a CAD$1 million purchase order for power and surface equipment rental package from a major global energy producer's Canadian subsidiary.

Who awarded the purchase order to Enterprise Group (ETOLF)?

The order was awarded by the Canadian subsidiary of a major global energy producer that produces over 1.5 billion barrels of oil equivalent annually worldwide.

How long will Enterprise Group's (ETOLF) equipment rental contract last?

The equipment rental contract will span through the end of calendar year 2025, supporting the client's drilling and completions schedule.

What type of equipment is included in Enterprise Group's (ETOLF) rental package?

The package includes a full suite of power and surface equipment assets designed to support continuous 24/7 operations across multiple project sites.

What is Enterprise Group's (ETOLF) focus regarding emissions?

Enterprise Group emphasizes technologies that mitigate, reduce, or eliminate CO2 and other harmful emissions for both local and Tier One resource clients.