Thursday, January 15, 2009

Enterprise Oilfield Group Inc. (TSX: E) is “One to Watch”

Enterprise Oilfield Group Inc. is a pipeline construction and horizontal directional drilling company with a primary focus on Alberta, Canada’s oilfield and utility infrastructure markets. The company’s pipeline construction service targets small diameter pipeline construction projects, primarily on producing oil and gas fields. The utility infrastructure & directional drilling business provides installation of underground power, telecommunications and natural gas lines to the utility infrastructure sector.

Since its inception, Enterprise Oilfield Group has maintained its focus to be the largest, most comprehensive pipeline construction and maintenance company in Alberta. The company is now implementing a strategy of acquiring and consolidating small to mid size pipeline construction companies to meet its near term goal of generating more than $100 million in annual sales revenue. Enterprise Oil is specifically targeting companies that have a proven track record, are well managed and financially successful.

The company has a growing equipment asset base of approximately $18 million, including a fleet of more than 250 trucks and heavy equipment, and has been successful in attracting blue-chip clients such as Devon (NYSE: DVN), Canadian Natural (NYSE: CNQ), EnCana (NYSE: ECA), Apache (NYSE: APA), ConocoPhillips (NYSE: COP), and Penn West Energy Trust (NYSE: PWE).

The company is led by President and CEO Leonard D. Jaroszuk who has two decades of extensive experience in the real estate, construction, natural resources and exploration industries. He took a leading role in developing Enterprise Oilfield’s early growth and has served as a director on several Oil and Gas service and manufacturing companies. Jaroszuk’s demanding management style, together with his understanding and vision, has put the company on track to become an industry leader in the pipeline construction industry in Alberta.

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Stock Report http://video.qualitystocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

No comments: