03:19:17 EST Thu 22 Jan 2026
Enter Symbol
or Name
USA
CA



Enterprise Group Inc (2)
Symbol E
Shares Issued 80,392,976
Close 2026-01-21 C$ 1.35
Market Cap C$ 108,530,518
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Enterprise enters master service deal with Cdn producer

2026-01-21 19:11 ET - News Release

Mr. Leonard Jaroszuk reports

ENTERPRISE GROUP ANNOUNCES ADDITION OF NEW CLIENT

Enterprise Group Inc. has entered a new business relationship through the signing of a master service agreement with a Canadian-based oil and gas producer.

Enterprise, through its wholly owned subsidiary Evolution Power Projects, has deployed a multiturbine, distributed microgrid power system to support the new client's water transfer operations associated with frack activities. The project utilizes multiple stacked natural-gas-fuelled turbine generators, synchronized and managed as a microgrid, to deliver reliable, scalable and centralized power across the water transfer system.

The privately held producer is an established operator in central Alberta, actively developing light oil and natural gas assets. The operator continues to pursue operational efficiencies while reducing diesel dependency, improving on-site safety, and aligning field operations with evolving environmental and regulatory expectations.

EPP's solution replaces multiple diesel-powered units traditionally used in water transfer and frack support operations with a centralized natural gas power platform. The distributed microgrid enables flexible power distribution across pumps and ancillary equipment, while on-board load management and redundancy enhance reliability and operational uptime in remote and infrastructure-constrained environments.

Leonard D. Jaroszuk, Enterprise's chief executive officer and chairman, commented: "Projects such as this demonstrate the practical application of natural gas power in demanding field environments. Water transfer and frack support require dependable, continuous power, and our turbine-based microgrid solutions continue to prove themselves as a cost-effective and lower-emissions alternative to diesel."

Evolution Power Projects continues to expand its presence across Western Canada by delivering mobile and semi-permanent natural gas power solutions tailored to energy producers' operational requirements. EPP's concept-to-completion approach provides clients with system design, deployment, commissioning and continuing support, enabling reliable power delivery while supporting emission reduction and long-term sustainability objectives.

About Enterprise Group Inc.

Enterprise Group 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 carbon dioxide greenhouse gas and other harmful emissions for itself and its clients. The company is known to local Tier 1 and international resource companies with operations in Western Canada.

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