Enterprise Oilfield Group, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported loss before income taxes of CAD 1,476,482 and net loss of CAD 1,081,482 or CAD 0.026 per diluted share on revenue of CAD 6,584,799, compared to income before income taxes of CAD 834,184 and net income of CAD 588,184 or CAD 0.014 per diluted share on revenue of CAD 8,683,083 for the same period last year. Cash provided by the operating activities was CAD 1,280,856, compared to CAD 2,670,315 for the same period last year. Purchase of property, plant and equipment was CAD 67,654, compared to CAD 318,198 for the same period last year. For the nine months, the company reported loss before income taxes of CAD 3,206,331 and net loss of CAD 2,310,263 or CAD 0.055 per diluted share on revenue of CAD 20,507,752, compared to income before income taxes of CAD 1,735,944 and net income of CAD 1,327,826 or CAD 0.032 per diluted share on revenue of CAD 28,095,385 for the same period last year. Cash provided by the operating activities was CAD 5,118,097, compared to CAD 3,379,334 for the same period last year. Purchase of property, plant and equipment was CAD 502,717, compared to CAD 331,269 for the same period last year. Net debt as on September 30, 2009 was CAD 6,271,719, compared to CAD 11,376,210 as on December 31, 2008.

Enterprise Oilfield Group Inc. announced it has been awarded three significant projects. Two of these projects are within the infrastructure sector and awarded by Alberta Transportation Department. These two projects are of a combined value of approximately $1.5 million. The third project is a pipeline and plant facilities construction project from one of North America's energy producers. Crews have initiated construction and when complete the project will be worth over $2.5 million. Further projects are anticipated from the same energy producer over the coming fall and winter season.

Enterprise Oilfield Group, Inc. reported consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company's revenue amounted to $5 million compared to $6.8 million for the same period last year, a decrease of $1.8 million. The company had negative EBITDAS of $0.69 million and a net loss of $1.2 million compared to negative EBITDAS of $0.69 million and net loss of $1.1 million for the three month period ended June 30, 2008. The revenue for the six month period ended June 30, 2009 was $13.9 million compared to $19.4 million for the six months ended June 30, 2008, a decrease of $5.5 million. The decrease in revenue is attributed to less than anticipated projects in the industry resulting from tight capital markets, decreased capital expenditures in the industry and lower oil and natural gas prices. Negative EBITDAS was $0.208 million with a net loss of $1.2 million compared to EBITDAS of $2.6 million and a net income of $0.74 million for the six months ended June 30, 2008. The reduction of EBITDAS is partially attributable to costs relating to the downsizing of the company's Wainwright operation combined with start-up and integration costs of the Peace River facilities maintenance operations and lower than expected margins on the projects to date.