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January 19, 2010 Enterprise Retains Contact Financial for Investor Communications |
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| Enterprise Oilfield Group, Inc ("Enterprise" or the "Company") has engaged Contact Financial to develop and execute a comprehensive marketing and investor communications plan called the "Fast Focus" program to help raise awareness of the Company over a 3-month renewable term. "We chose Enterprise as our latest "Fast Focus" client because the company in our opinion represents a perfect barometer for the recovery in the Alberta oil patch. Increasing demand for the Company's pipeline construction services from stronger oil and gas prices and the resurgence of the oil and gas industry in Alberta," says Keir Reynolds, vice president of Contact Financial. Contact Financial is a Vancouver-based strategic marketing and communication firm that will increase Enterprise's exposure to industry stakeholders and investors. Contact Financial will be responsible for providing advice to the Company with respect to corporate development, producing and distributing effective marketing communication tools, and increasing investor awareness. For more information please visit www.contactfinancial.com. Enterprise Oilfield Group, Inc. is a construction services company operating in the energy, utility and transportation infrastructure industry. The Company's focus is primarily underground construction and maintenance and above ground plants and facilities. The Company's strategy is to acquire complementary service companies in Western Canada, consolidating capital, management and human resources to support continued growth. Under the renewable agreement, Contact Financial will receive a fee of $18,000 for an initial term of three months and $5,000 per month, on a month-to-month basis, thereafter. Contact Financial will further receive 300,000 incentive stock options exercisable for two years from date of signing to purchase common shares of the Company that will vest over a period of 12 months. Contact Financial is at arm's length to Enterprise Oilfield Group, Inc. |
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| http://www.enterpriseoil.ca/s/Home.asp |
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