A.C.L. Construction renews vendor standing offer with BC Energy Regulator

A.C.L. Construction Renews Qualified Vendor Standing Offer with BC Energy Regulator for Fourth Consecutive Year

(TheNewswire)

Renewal Through March 2027 Positions ACL for Continued Revenue Stream in Orphan Well Remediation Services

 

FORT ST. JOHN, British Columbia – TheNewswire - June 9, 2026 – A.C.L. Construction Ltd. (TSXV: ACL; OTCQB: AACLF; FSE: A3LO) (the "Company" or "A.C.L."), a leading provider of civil construction services, project management, general construction and underground utilities in the Peace Region of British Columbia, is pleased to announce the renewal of its Qualified Vendor Standing Offer (QVSO) with the BC Energy Regulator (BCER) for reclamation and remediation services under the Orphan Well Program, effective through March 31, 2027.

While the Standing Offer does not carry a contractual minimum commitment, the Company has realized historic annual revenues ranging up to $2 million in previous years through project awards under this program.  This renewal marks the fourth consecutive year of A.C.L. working with the BCER on critical orphan well remediation and reclamation initiatives across British Columbia's oil and gas industry.

"We are very pleased to have the Qualified Vendor Standing Offer with BCER renewed for another year," commented John McPherson, CEO of A.C.L. He adds, “our four-year track record with BCER demonstrates our commitment to excellence in environmental restoration and validates our technical capabilities in this essential sector. This renewal continues to support our long-term revenue visibility in the orphan well remediation market, which is a core competency for our company."

A QVSO is a pre-approved vendor status that allows BCER to efficiently solicit work from qualified contractors like us without requiring a lengthy procurement process for each individual project. This streamlined approach helps accelerate critical reclamation and remediation work while ensuring contractors meet rigorous technical and safety standards. The renewal underscores A.C.L.'s established expertise in complex remediation and reclamation projects, as well as the Company's reputation for safe, efficient execution in challenging environmental conditions across Western Canada.

The BCER's Orphan Well Program is a critical initiative designed to address the environmental and safety risks posed by abandoned and orphaned oil and gas sites in British Columbia, supporting the province's commitment to environmental stewardship and resource sector sustainability.

  

About A.C.L. Construction Ltd.

A.C.L. Construction is a civil construction company headquartered in Northeastern British Columbia. The company specializes in the infrastructure services that keep Western Canada and the Territories resource sector operational. The Company delivers large-scale earthworks, underground utility installations and tie-ins, oilfield road construction and maintenance, project management, and remediation and reclamation services across some of the region's most demanding and remote environments.

Listed on the TSX Venture Exchange under the symbol ACL; the OTCQB as AACLF and on the Frankfurt Stock Exchange under A3LO-FF. For more information, visit http://aclconstructionltd.com

For further information please contact:

A.C.L. Construction Ltd.

John McPherson

Telephone: 250-263-1205

Email: john@aclcon.ca

Website: www.aclconstructionltd.com

Cautionary Statement Regarding Forward Looking Information

This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this news release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information.

The forward-looking statements and information in this news release include information relating to the Company's expectations regarding the potential for ongoing work and revenue generation under the renewed Qualified Vendor Standing Offer, and the Company's ability to continue executing remediation and reclamation projects under this agreement. Such statements and information reflect the current view of A.C.L. and are based on assumptions and estimates made by management.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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