Enterprise Energy Resources Ltd.
TSX VENTURE : EER

Enterprise Energy Resources Ltd.

April 19, 2011 15:09 ET

Enterprise Energy Resources Ltd.: Stock Options Granted

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 19, 2011) -

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Enterprise Energy Resources Ltd. (TSX VENTURE:EER) announced that it has granted 1,715,000 stock options pursuant to its previously approved stock option plan to directors, officers and consultants of the Company. The options were granted at an exercise price of $0.60 per share for a period of five years.

ENTERPRISE ENERGY RESOURCES LTD.

Geoffrey A. Carrington, President & CEO

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release constitute "forward-looking statements". Such forward-looking statements include, without limitation, the use of proceeds of the financing. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include operational risks, the effects of general economic conditions, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings. The Company's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change, except as required by law.

Shares Outstanding: 21,706,782

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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