BUSINESS OPERATIONS MERGER ANNOUNCEMENT

Pittsburgh, PA, For Immediate Release

March 19, 2019

Fortress Engineering Ltd. (Fortress) and CUE EPCM (CUE) have announced today, that they have merged their Canadian and US business operations; empowering them to offer a unified engineering and construction management solution to the upstream, midstream and downstream oil and gas marketplace.

Fortress will acquire CUE and its ownership. The merged businesses will operate under the Fortress Engineering brand.

Fortress is a multi-disciplined engineering, procurement and construction management (EPCM) firm with five offices throughout North America. They offer exceptional EPCM and operations engineering services to their clients across Canada and the US. Fortress is in its thirteenth year of business serving the Upstream, Midstream and Downstream Oil & Gas sectors.

CUE, founded in 2011, has provided a complete multi-discipline engineering, procurement, and construction management solution to the petroleum industry in Pittsburgh.

Comments from Kurt Horner, President at Fortress “Combining forces with CUE will provide much-needed support to our projects in the Marcellus/Utica area and add additional depth to the upstream side of our Oil and Gas business. We will need to add strong individuals during our growth over the next few years”.

“CUE offers an exciting opportunity for Fortress to strengthen and expand its service; offering entry into the busy eastern US oil and gas marketplace as well as creative collaboration with our executive team” explains Jeff Williams, founder of CUE. “With a range of great clients in the Ohio, West Virginia and Pennsylvania area as well as an expanding territory into Denver on the horizon for 2019, the merger of Fortress and CUE supports the strategy to lead the market and meet the future requirements for producers of energy in Canada and the USA”. Williams will continue in his role as a senior project manager and business development professional in both Canada and the US. Sasha Gray, Partner at CUE, also commented “This merger provides a major growth opportunity for both our businesses through an extended service offering for our clients.” Gray will join Fortress as part of the US and Canadian business development and client management team.

The expanded service will serve over fifty-five clients across Canada and the US and will increase our capabilities to a combined team of over two-hundred professionals. Fortress is proud to report the successful completion of its 1000th project.

Fortress presents a proven project management execution style, combined with a senior team of individuals who possess the expertise and capabilities necessary to meet all project requirements.

For more information reference the company website (https://fortressengineering.com/contact) or contact:
Phone: 403.538.5800
Email: [email protected]

Definitive agreements are expected to be completed by the end of March 2019. The operations and directors of CUE to remain with the mobile US unit and will also be working out of Houston and Pittsburgh based offices.