North American Energy Partners Inc. (NOA)

[$UPERMAN]

North American Energy Partners Cancels Special Shareholders Meeting

North American Energy Partners Inc. (TSE:NOA)

Today : Thursday 29 March 2012

North American Energy Partners Inc. ("NAEP" or "the Company") (TSX:NOA) (NYSE:NOA) today announced that the special shareholders meeting scheduled for April 5, 2012 has been cancelled. As a result, the NAEP shareholder rights plan, dated October 7, 2011, will terminate in accordance with its terms on April 7, 2012.
Depending on facts and circumstances, NAEP may adopt a new shareholder rights plan for approval by shareholders at the next annual general meeting or thereafter, but no decision has been made in that regard.
About the Company
North American Energy Partners Inc. (www.naepi.ca) is one of the largest providers of heavy construction, mining, piling and pipeline services in Western Canada. For more than 50 years, NAEP has provided services to large oil, natural gas and resource companies, with a principal focus on the Canadian oil sands. The Company maintains one of the largest independently owned equipment fleets in the region.