Enterprise Group, Inc. Announces Closing of Acquisition of Hart Oilfield Rentals Ltd.

Enterprise Group, Inc. ("Enterprise," or the "Company") (TSX:E) is pleased to
announce that it has completed its previously announced acquisition of Hart
Oilfield Rentals Ltd. ("Hart"), a private oilfield service provider, for a
purchase price of $22.6 million (the "Acquisition") subject to closing
adjustments. 


The Acquisition purchase price was paid through a combination of net proceeds
from the Company's previously announced overnight marketed public offering (the
"Offering") of subscription receipts of the Company ("Subscription Receipts"),
the issuance of 1,388,890 common shares of the Company ("Common Shares") at a
deemed price of $0.72 per share, funds available from the Company's credit
facility and cash on hand. Canaccord Genuity Corp. acted as exclusive financial
advisor to Enterprise in connection with the Acquisition.


In connection with the Acquisition, the gross proceeds from the Offering were
released from escrow and the 20,835,000 Subscription Receipts converted into
20,835,000 Common Shares and 10,417,500 common share purchase warrants of
Enterprise. After giving effect to the issuance of Common Shares pursuant to the
Acquisition and conversion of Subscription Receipts, the Company currently has
110,104,892 Common Shares issued and outstanding. Enterprise has also now
completed an increase to its credit facility for up to a maximum of $35 million
(from $20 million), at a rate of prime plus 2%. 


About Enterprise Group, Inc. 

Enterprise Group, Inc. is a consolidator of construction services companies
operating in the energy, utility and transportation infrastructure industries.
The Company's focus is primarily construction services and specialized equipment
rental. The Company's strategy is to acquire complementary service companies in
Western Canada, consolidating capital, management and human resources to support
continued growth. Enterprise became a Western Canadian leader in flameless heat
technology in September 2012 with its acquisition of Artic Therm International
Ltd. and became a technological leader in underground infrastructure
construction by the closing of Calgary Tunnelling & Horizontal Augering Ltd. in
June 2013.  


FOR FURTHER INFORMATION PLEASE CONTACT: 
Enterprise Group, Inc.
Leonard D. Jaroszuk
President & CEO
780-418-4400


Enterprise Group, Inc.
Desmond O'Kell
Senior Vice President
780-418-4400
[e-mail]
www.EnterpriseGRP.ca