April 3, 2017

OEL Projects Ltd. Joins McIntosh Perry Consulting Engineers Ltd.

Two leading firms form multi-disciplinary engineering company that services the public and private sectors across Canada, including deep Oil & Gas expertise

TORONTO – April 3rd, 2017 – It was announced today that OEL Projects Ltd. ("OEL"), which provides Engineering, Procurement, Construction, and Management engineering services, primarily to the oil & gas industry, and McIntosh Perry Consulting Engineers Ltd. ("McIntosh Perry"), a national multi-disciplinary engineering firm, will join together. This combination includes more than 500 professional and technical staff in nine locations across the country. OEL will leverage McIntosh Perry's expertise in environmental, hazardous materials and remediation. McIntosh Perry will continue to provide infrastructure and building / structural services across the country, including Western Canada.

“This is the next step in our plan to become the premiere diversified engineering firm in Canada,” said Gus Sarrouh, CEO, McIntosh Perry. “Over the last year McIntosh Perry has built a broad and diverse national presence. We are fortunate to add a firm with the depth of expertise as OEL to our engineering family, particularly since both firms share a common set of goals and values. Combining the two firms will diversify our service offerings, expand our geographical reach and enhance our client service.”

“We are thrilled to join the McIntosh Perry family,” said Jim O’Rourke, founder of OEL and Director & Vice Chairman of McIntosh Perry. “We are pleased to find a company that also shares our strong focus on client satisfaction, technical expertise and providing high-quality services.”

“By combining our two firms together, we will be in a strong position for future growth – particularly in Western Canada,” said Shankar Nandiwada, President & CEO of OEL and President & Chief Operating Officer – Western Canada for McIntosh Perry. “It’s exciting that OEL will, through the McIntosh Perry platform, be able to bring its Oil & Gas clients the exceptional services of McIntosh Perry’s environmental, hazardous materials and remediation teams.”

About OEL Projects Ltd.

Founded in 1972, OEL Projects Ltd. ("OEL") provides Engineering, Procurement, and Construction Management services, primarily, to the oil and gas industry. OEL manages projects of varied scope and size from inception to completion for companies in Alberta, British Columbia and Saskatchewan. Headquartered in Calgary, Alberta, OEL is supported by two key subsidiaries. Founded in 1998, Ammonite Corrosion Engineering Inc. is an engineering company providing a comprehensive service in the field of corrosion management and integrity management to the oil and gas industry in Canada and internationally. Founded in 1977, Cormetrics Limited provides research and development and consulting services to assist petroleum producing and transmission companies in problem solving of chemical programs and corrosion prevention. For more information, please visit www.oelprojects.com.

About McIntosh Perry

McIntosh Perry Consulting Engineers Ltd., a national diversified engineering firm, offers a full range of consulting engineer services and technical solutions for public and private sector clients that encompasses every stage of a project, including surveying, environmental and geotechnical engineering, building science, contract administration, project management, municipal engineering and land development engineering and planning. Following the combination with OEL it will have more than 500 engineers, project managers and technical experts in Toronto, Ottawa, Kingston, Perth, Pembroke, Oakville, Montreal, Calgary and Vancouver. For more information, please visit www.mcintoshperry.com.

For further information on this transaction, please contact:

James Johnson
Tel: 416-847-1170
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Imran Siddiqui
Tel: 416-847-1172
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