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CH2M HILL Receives Two EPC Infrastructure Utilities Contracts for the Fort Hills Oil Sands Project

By: Tessa Anderson
Source: CH2M HILL
DENVER and EDMUNTON, 12 June 2008 — CH2M HILL announced today that it has signed two separate contracts with Fort Hills Energy L.P. in a joint venture with Lockerbie & Hole Construction Management Inc. to provide engineering, procurement and construction services for the infrastructure utilities work for the Fort Hills Oil Sands Project.

CH2M HILL will serve as the managing partner of the $500 million joint venture contracts.

In making the announcement, CH2M HILL's Industrial Systems President Steve Gelman stated, "We are pleased to be selected by Fort Hills Energy L.P. for work on the Fort Hills Oil Sands Project. Our strength to deliver their projects is based on 30 years of executing projects in Alberta, including other projects for Petro-Canada and global industrial EPC projects."

The contracts allow for continuation of front-end engineering design, early site work on the Fort Hills Mine site and the start of detail design activities.

Petro-Canada Oil Sands Inc., a wholly-owned subsidiary of Petro-Canada, is the contract operator of the proposed Fort Hills Oil Sands Project which is owned by FHELP. Petro-Canada, UTS Energy Corporation and Teck Cominco are the limited partners of FHELP. The project includes the Fort Hills Mine located 90 km north of Fort McMurray, Alberta, and the Upgrader site located approximately 45 km northeast of Edmonton, Alberta. The project remains subject to regulatory approvals and project sanction by the partners.

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About Lockerbie & Hole
Lockerbie & Hole Construction Management was founded in 1898 and is one of the largest mechanical construction contractors in Canada. Lockerbie is a multi-disciplined contractor providing mechanical, electrical, instrumentation, pipe fabrication, module assembly, boiler erection, insulation, fireproofing, and civil construction services primarily to the oil sands, mining, institutional, municipal and commercial market sectors. Lockerbie is headquartered in Edmonton, Alberta.

Headquartered near Denver, Colo., employee-owned CH2M HILL is a global leader in engineering, procurement, construction, management and operations for government, civil, industrial and energy clients. With $6.4 billion in revenue and more than 25,000 employees, CH2M HILL is an industry-leading program management, construction management and design firm, as ranked by Engineering News-Record (2008). The firm's work is concentrated in the areas of energy, water, transportation, environmental, nuclear and industrial facilities. The firm has long been recognized as a most-admired company and leading employer, including being named by FORTUNE as one of the 100 Best Companies to Work For (2009).
Visit www.ch2mhill.com.