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Ammonite and Cormetrics Merge With O'Rourke Engineering Ltd.

CALGARY, ALBERTA -- (Marketwired) -- 07/02/14 -- O'Rourke Engineering Ltd. ("OEL") is pleased to announce that Ammonite Corrosion Engineering Inc. ("Ammonite"), a Calgary, Alberta, based leader in corrosion engineering and asset integrity management, and Cormetrics Limited ("Cormetrics"), a Calgary, Alberta, based leader in corrosion testing and failure analysis, have merged with OEL.

Ammonite and Cormetrics bring industry leading expertise in corrosion engineering and corrosion analysis and testing to OEL's highly regarded EPCM business. The combination of these three companies will enable them to provide an expanded service offering to each of their customers through a common platform.

"We are very excited to have Sandy Williamson, Frank Hornsby and their experienced associates join OEL and look forward to working with them," said Jim O'Rourke, President & CEO of OEL. "Ammonite and Cormetrics have significant expertise in the corrosion engineering, asset integrity management and corrosion testing sectors which compliments the array of services OEL currently offers. The addition of Ammonite and Cormetrics will deeply enhance OEL and enable OEL to serve its customers better," he added.

"OEL has been providing high quality engineering services and advice to its clients in the oil and gas industry for over fifty years. We are thrilled with the opportunity to work with such a highly respected group of professionals," said Sandy Williamson, President of Ammonite.

"We look forward to working with OEL and are excited about the opportunities that this merger creates," said Frank Hornsby, President of Cormetrics. "OEL is an ideal partner to help facilitate our growth plan," he added.

About Ammonite Corrosion Engineering Inc.

Founded in 1998, Ammonite 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. Ammonite's services include materials selection advice, asset integrity management programs, evaluation of chemical treatment and inspection procedures to the oil and gas industry. Ammonite is an active supporter of NACE International and participates in both organizational and technical activities of NACE International. Sandy Williamson has been a member of NACE International for over 34 years and is currently Vice President - Elect of NACE International. Sandy is the former Northern Area Director of NACE International.

About Cormetrics Limited

Founded in 1977, Cormetrics provides research and development and consulting services to assist petroleum producing and transmission companies in problem solving of chemical programs and corrosion prevention. Cormetrics is equipped to provide laboratory corrosion testing utilizing electrochemical and weight loss techniques for corrosion inhibitor evaluations and materials selection. Cormetrics provides failure analyses to document corrosion mechanisms while reviewing system parameters to comment on mitigation strategies. Cormetrics has also developed testing methodologies to evaluate crude corrosivity for their oil transmission pipeline clients.

About O'Rourke Engineering Ltd.

Founded in 1972, OEL provides Engineering, Procurement, Construction and Management engineering services, primarily, to the oil & gas industry. OEL manages projects of varied scope and size from inception to completion for companies in Alberta, British Columbia and Saskatchewan. The company is headquartered in Calgary, Alberta.

Contacts:
O'Rourke Engineering Ltd.
Jim O'Rourke, P.Eng
President & CEO
403-261-4991
[email protected]

Ammonite Corrosion Engineering Inc.
A. I. (Sandy) Williamson, P.Eng.
President
403-208-7889
[email protected]

Cormetrics Limited
Frank Hornsby
President
403-258-2853
[email protected]

Signal Hill Equity Partners
James C. Johnson
Managing Partner
416-847-1170
[email protected]

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