Prometheus Energy Advances LNG Fuel Solutions with Ensign United States Drilling

   Prometheus Energy Advances LNG Fuel Solutions with Ensign United States
                                   Drilling

Expanding relationship, offering increased economic and environmental savings
in the DJ Basin of Colorado and throughout major plays in the United States

PR Newswire

HOUSTON, May 12, 2014

HOUSTON, May 12, 2014 /PRNewswire/ -- Prometheus Energy Group, Inc., a leading
supplier of liquefied natural gas (LNG) to remote industrial sectors, and
Ensign United States Drilling, Inc., today announced the successful deployment
of three additional dedicated liquefied natural gas powered Automated Drilling
Rigs (ADR®), operating in the DJ Basin of Colorado. These new projects
supplement existing projects where the companies are collaborating, including
rigs in Marcellus, mid-Continent and the Niobrara basins. 

The cutting-edge technology in these rigs allow Prometheus Energy and Ensign's
mutual end customers to realize reduced fuel costs and improved key air
emissions associated with the cleaner burning natural gas fuel. This strategic
multi-year agreement further strengthens the growing relationship between the
two market leaders in LNG fueled drilling. Prometheus Energy and Ensign are
now jointly operating 12 dedicated natural gas fueled rigs throughout the
United States, including operations in the Rockies, Midcontinent and
Marcellus.

"Prometheus Energy is pleased to deliver this economically attractive and
environmentally beneficial solution in partnership with an innovative market
leader such as Ensign," said Jim Aivalis, Chief Executive Officer of
Prometheus Energy. "Our relationship, initiated in 2010 while leading the
deployment of the first US based LNG fueled drilling rig, has only
strengthened over the past four years, allowing the parties to deliver an
optimized turnkey solution to our mutual end customers. We look forward to
rapidly growing this already robust relationship."

"Prometheus Energy and Ensign are working together in order to more
effectively control fuel costs while realizing the benefits of a cleaner
environmental footprint," said Jim McCathron at Ensign.

Prometheus Energy allows customers in the oil & gas sector (such as Ensign)
and other remote sectors including mine haul, process industry and remote
power generation to more effectively control their fuel operating costs and
environmental footprint. The company continues to develop and implement
innovative LNG solutions that are environmentally friendly and operationally
efficient in the rapidly growing off-road industrial markets.

About Prometheus Energy

Prometheus Energy is one of the largest and fastest growing suppliers of
liquefied natural gas (LNG) to the industrial sector in North America.
Prometheus provides turnkey fuel solutions to convert industrial users of
diesel, propane and other crude-derived fuels to clean, domestic, secure LNG,
resulting in reduced fuel cost and environmental footprint. The company is
vertically integrated from LNG production through logistics, distribution,
onsite equipment and field support. A pioneer in the industrial LNG market,
Prometheus is recognized for its industry leadership. Prometheus Energy is
privately held by Shell Technology Ventures Fund 1 B.V. and Black River Asset
Management LLC, a wholly owned but independently managed subsidiary of
Cargill. For more information and to calculate fuel savings associated with
LNG, please visit: www.PrometheusEnergy.com

About Ensign United States Drilling

"Ensign Energy Services Inc. is an industry leader in the delivery of oilfield
services in Canada, the United States and internationally. Ensign is one of
the world's leading land-based drilling and well servicing contractors serving
crude oil, natural gas and geothermal operators. Additional services include
directional drilling, rental equipment, managed pressure drilling, and
production flow back units. Ensign's shares are listed on the Toronto Stock
Exchange under the trading symbol ESI." www.ensignenergy.com

SOURCE Prometheus Energy

Website: http://www.PrometheusEnergy.com
Contact: Laurie Nix Garberg, info@prometheusenergy.com
 
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