ACO.Y ATCO Ltd

ATCO announced today the combination of the operations of ATCO Midstream and
ATCO Energy Solutions in order to pursue emerging opportunities and provide a
wider range of services to commercial energy customers.


Effective today, ATCO Midstream and ATCO Energy Solutions will operate under the
name ATCO Energy Solutions, reflecting its focus on offering comprehensive gas
storage, industrial water infrastructure, natural gas gathering, processing,
transportation and gas liquids services to the oil and gas sector. 


"The extensive assets and proven expertise in ATCO Energy Solutions will provide
for strategically situated initiatives to serve the growing demand from upgrader
operators, and for storage and transportation in Western Canada's dynamic energy
sector," said Nancy Southern, President & Chief Executive Officer, ATCO Group. 


Arnold MacBurnie, the former Senior Vice President at Shell Energy North America
(Canada) Inc., who joined ATCO in February, has been named Managing Director &
President, ATCO Energy Solutions.


"The combination of diverse technical and business capabilities from wellhead
through processing, pipelines, storage and sales establishes the foundation for
strategic expansion and enhanced services," said Mr. MacBurnie. "We will build
on strong relationships, our people and their operating expertise to pursue
opportunities to expand and grow our business."


ATCO Energy Solutions, part of ATCO Group, provides comprehensive gas storage,
industrial water infrastructure, natural gas gathering, processing,
transportation and gas liquids services to the oil and gas sector. ATCO Energy
Solutions owns or has interests in eight natural gas gathering and processing
and four natural gas extraction facilities, which combined have a total
processing capacity of approximately 1.8 bcf per day.


ATCO Group, with more than 8,800 employees and approximately $13 billion in
assets, delivers service excellence and innovative business solutions worldwide
with leading companies engaged in structures & logistics (manufacturing,
logistics and noise abatement), utilities (pipelines, natural gas and
electricity transmission and distribution), energy (power generation, natural
gas gathering, processing, storage and liquids extraction) and technologies
(business systems solutions). More information can be found at www.atco.com. 


Forward-Looking Information: 

Certain statements contained in this news release may constitute forward-looking
statements. Forward-looking statements are often, but not always, identified by
the use of words such as "anticipate", "plan", "expect", "may", "will",
"intend", "should", and similar expressions. These statements involve known and
unknown risks, uncertainties and other factors that may cause actual results or
events to differ materially from those anticipated in such forward-looking
statements. The Corporation believes that the expectations reflected in the
forward-looking statements are reasonable, but no assurance can be given that
these expectations will prove to be correct and such forward-looking statements
should not be unduly relied upon. 


The Corporation's actual results could differ materially from those anticipated
in these forward-looking statements as a result of regulatory decisions,
competitive factors in the industries in which the Corporation operates,
prevailing economic conditions, and other factors, many of which are beyond the
control of the Corporation. 


The forward-looking statements contained in this news release represent the
Corporation's expectations as of the date hereof, and are subject to change
after such date. The Corporation disclaims any intention or obligation to update
or revise any forward-looking statements whether as a result of new information,
future events or otherwise, except as required under applicable securities
regulations.

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