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Enterprise Group Inc T.E

Alternate Symbol(s):  ETOLF

Enterprise Group, Inc. is a consolidator of services, including specialized equipment rental to the energy/resource sector. The Company works with systems and technologies that mitigate, reduce, or eliminate carbon dioxide (CO2) and greenhouse gas emissions for itself and its clients. It provides specialized equipment and services in the build out of infrastructure for the energy, pipeline, and infrastructure construction industries. It has fleet of wellsite modular/combo equipment, specialized heating units, tunnelling equipment, and other heavy equipment pieces. It offers specialized infrastructure services, such as coat curing, thermal pipe expansion, scaffolding and more. It provides low emission, mobile power systems and associated surface infrastructure to the energy, resource, and Industrial sectors, through its subsidiary, Evolution Power Projects, Inc. Its other subsidiaries include Westar Oilfield Rentals Inc., Hart Oilfield Rentals Ltd., and Artic Therm International Ltd.


TSX:E - Post by User

Bullboard Posts
Comment by Adonis1411on Dec 05, 2014 6:01pm
317 Views
Post# 23201499

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:phosphorus

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:phosphorus
ERTguy wrote: Ignorant?  Not in the least.  In fact you're pretty lucky I'm even gracing you with a response.   You've managed to accumulate 22 ignores since november 18th.   That must be some kind of stockhouse  record.   I'll applaud you for that.   Bashing seems to be a general hobby for you.  The comment about the pipelines might be the only one you've made worth noting.   At least you have some common sense.  Unfortunately there are posters on here with a lot less patience than myself who don't put up with your nonsense.  Hence racking up ignores like they're going out of style


Have you ever seen an energy industry MSA? These 'contracts' are 100% renegotiable by the operators, provide zero volume guarantees, and are entirely to the benefit of the energy companies. Hart and Westar's equipment can be replaced within 12 hours of somebody offering a light tower or genset at $5 less per day if cost cutting initiatives start and E tries to pound their chest on the security of their 'contract'. Same goes for Arctic Therm - doing zero pipeline expansion work and take a walk through the next Calgary oil and gas show - flameless heaters are the new rig mats. Everybody's got them.

This isn't to say that the sky is falling, but the second the drill bit stops turning for the winter (and it will NOT be a long winter drilling season - either late to start or early to finish), the equipment is going to sit. Don't count on that equipment getting paid for by any O&G company in spite of what E may posture as their 'contract' suggesting.
Bullboard Posts