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Expansion into Canadian oil sands market Delivering on strategy to grow Energy business • Acquired PROJEX Technologies – Canadian based provider of EPCM services to North American oil sands sector • Supports <strong>Ausenco</strong>’s strategy to expand services in North America’s high growth oil sands market • Acquisition complements 2012 acquisition of Reaction Consulting with full delivery of consulting process engineering expertise and onsite troubleshooting services • Structured to provide full range of services across entire lifecycle of oil sands projects • Aligned values, systems and culture with <strong>Ausenco</strong> • After synergies, the acquisition is expected to deliver 2014 Energy revenues of $40 million and EBITDA of over $5 million Revenue $40m EBITDA $5m People 220 Acquisition of PROJEX TECHNOLOGIES LTD | 8 July 2013
Global Energy market presents significant opportunities • PROJEX acquisition builds on strategy to capture a greater share of $600 billion global energy market • Canadian oil sands market 2015 capital expenditure estimated at $23.4 billion • Small to medium brownfield projects driving growth • Committed to ongoing strategy to grow Energy sector earnings Acquisition of PROJEX TECHNOLOGIES LTD | 8 July 2013
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