Mr. Leonard Jaroszuk reports

ENTERPRISE GROUP ANNOUNCES SUCCESSFUL FLARE GAS APPLICATION FOR NEW CLIENT

Enterprise Group Inc., along with its wholly owned subsidiary, Evolution Power Projects (EPP), is pleased with the early success of a continuing flare gas utilization project in north-central Alberta with a new client. Desmond O'Kell, president of Enterprise Group, emphasized the significance of this achievement, noting: "Firstly, it allows us to support a client in leveraging excess natural gas production in areas restricted by minimal infrastructure. Secondly, our advanced turbine technology offers operators and mid-streamers a novel method to meet stringent flaring and emissions standards effectively." This initiative showcases the company's commitment to providing environmentally friendly, low-emission mobile power systems, demonstrating their efficacy in delivering cost-effective and advanced solutions for remote power needs. This project adds to Enterprise's expanding portfolio of clients that prioritize efficient and sustainable energy solutions.

EPP's mobile turbine power generation units, known for their significant fuel tolerance, are now utilizing the client's excess gas production to generate about one megawatt of continuous power. This power is now readily available for various on-site applications, including production enhancement, further field development and other local infrastructure needs.

Enterprise views this flare gas solution as highly beneficial for the industry, especially as regulations on flaring have become much stricter in recent years. EPP is compiling daily operational performance data to be used in marketing and business development efforts, which the company expects will boost demand for its mobile turbine equipment as this project site is currently utilizing approximately 13 per cent of EPP's natural gas power fleet.

Enterprise Group continues to advance its position as the sole provider of low-emission site electrification power systems to the Canadian energy industry. Canadian energy producers that are enthusiastic about emission reductions, efficiency, safety and drastically lowering their fuel costs are turning to Enterprise's methods by displacing diesel and utilizing natural gas on their project sites. On the majority of project sites, natural gas produced locally by the client is powering the turbine power generators, thus eliminating third party fuel costs.

About Enterprise Group Inc.

Enterprise Group 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 (carbon dioxide) and 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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