Enterprise Oil Limited
TSX VENTURE : EON

Enterprise Oil Limited

November 15, 2005 15:40 ET

Enterprise Oil Limited: News Release

ST. ALBERT, ALBERTA--(CCNMatthews - Nov. 15, 2005) - Leonard D. Jaroszuk President/CEO of Enterprise Oil Limited (TSX VENTURE:EON) is pleased to announce the addition of Mr. Douglas Watt as General Manager of the pipeline construction management team. Mr. Watt is now located in Slave Lake, Alberta at the main office of A.G. Grant Construction, a division of Enterprise Oil Limited.

Douglas Watt has had an expansive career in the pipeline construction industry with over 35 years. Enterprise Oil Limited will greatly benefit from Mr. Watt's broad experience and pipeline construction management skills. He has held positions such as equipment operation, estimating, inspection, and management of site construction. Several major pipeline construction companies operating in Canada such as Banister, Marine, Majestic, and Bechtel have employed Mr. Watt. He has spent much of the last 20 years in Libya as a Superintendent with Veba Oil Operations and Mobil Oil in their respective Pipeline and Terminal Maintenance Operations. With unquestionable experience in all aspects of pipeline construction from small to large diameter pipe, Mr. Watt's services will be a tremendous asset to our company's future growth.

Enterprise Oil Limited is also pleased to announce the recent addition of Ms. Angela Hatt to develop and expand the company's Safety and Environmental programs. The company is currently expanding its work force and by early January 2006 will have added approximately 100 new employees. It's the goal of Enterprise Oil Limited to develop and implement the industry's most advanced employee and environmental safety programs. Ms. Hatt's experience in Emergency Medical Services, Occupational Health and Safety as well as developing programs and policy will allow the company to achieve its goals to be the 'best-in-class' of the industry.



ON BEHALF OF THE BOARD



Leonard D. Jaroszuk
President/CEO


Forward Looking Statements

This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

Contact Information

  • Enterprise Oil Limited
    Leonard D. Jaroszuk
    President/CEO
    (780) 418-4400 or Toll free (888) 303-3361
    (780) 418-1941 (FAX)
    Email: contact@EnterpriseOil.ca
    Webmail: www.EnterpriseOil.ca
    or
    Enterprise Oil Limited
    #2, 64 Riel Drive
    St. Albert, AB. T8N 5B3