https://www.newsfilecorp.com/release/112239
nterprise Group Announces Supply and Services Arrangement with Another International Tier One Client
St. Albert, Alberta--(Newsfile Corp. - February 1, 2022) - Enterprise Group, Inc. (TSX: E) (the "Company" or "Enterprise"), a consolidator of services to the energy sector that is focused primarily on specialized equipment rental, announces a supply and services contract with a global Tier One client. The length of this comprehensive services agreement is two years.
Enterprise Group will provide infrastructure and planning services related to Drilling, Completions, Facilities and Production Operations to this global client.
The customer is a diversified unconventional oil and natural gas company, focused on the development of assets in Alberta and northeast BC. The company has a balanced mix of crude oil, liquids-rich natural gas and resource play natural gas and is a partner in the Syncrude Oilsands Joint Venture.
As stated in the previous Tier One client announcement on January 24th, today's additional client announcement also fits directly into Enterprise Group's significant technology commitment to the planning, development and delivery of products and services to significantly reduce carbon and greenhouse gas output within the resource sector.
"Enterprise's development of planning and infrastructure services is being met with significant interest among our established and new clients," stated Leonard Jaroszuk: President & CEO. "With corporate and government greenhouse gas reduction requirements, we feel that we have the right mix to be both extremely cost-effective while offering a variety of solutions to reducing emissions in the field."