SOURCE: Willbros Group, Inc.

Willbros Group, Inc.

February 01, 2010 16:43 ET

Kevin Fleury Named President Willbros Canada

Industry Veteran Leads Company's Canadian Growth Initiatives

HOUSTON, TX--(Marketwire - February 1, 2010) - Willbros Group, Inc. (NYSE: WG) announced today the appointment of Kevin D. Fleury to President of Willbros Canada, the company's operating unit that provides construction, maintenance and fabrication services to the Canadian energy industry.

Fleury is a 32-year veteran of the oilfield services industry in western Canada. Prior to joining Willbros he served as president and CEO of Tarpon Energy Services Ltd.

Randy Harl, President and CEO of Willbros, said, Fleury's appointment reinforces the importance of the Canadian market to the Company.

"Kevin's extensive experience in the Canadian marketplace complements our strategic objective of continued growth in the region," said Harl. "We welcome him to our executive team and know he will be an effective leader in the efforts to evaluate and execute the best opportunities for Willbros in Canada."

Fleury said the culture of the Company and its commitment to quality and safety attracted him to Willbros.

"It is an exciting time for the industry as we move toward the prospect of new opportunities in the region and I know Willbros is well positioned to meet the demand," said Fleury. "It is important that we continue to integrate all our service offerings into the market so we can expand service bundles and over time, become an end-to-end service provider that is fully accountable to the customer."

Fleury believes that integrated service providers are best positioned to execute projects and to streamline costs without multiple subcontractors. "Both reasonable cost and quality execution are imperatives in these times and I know Willbros Canada can deliver on both fronts."

Fleury said that under his guidance, strategic acquisitions are a viable alternative that the company will consider to positively impact its Canadian presence.

Willbros Canada was formed in 2001 through the acquisition of MSI Energy Services and the acquisition of Midwest Management (1987) Limited from AMEC Inc. in 2007. Currently, the company provides pipeline maintenance, pipeline and facility construction, and pipe spool fabrication. Fleury said he will evaluate the opportunity to introduce to the region additional services offered by Willbros including engineering and consulting services.

Willbros Group, Inc. is an independent contractor serving the oil, gas, power, refining and petrochemical industries, providing engineering, construction, turnaround, maintenance, life cycle extension services and facilities development and operations services to industry and government entities worldwide. For more information on Willbros, please visit our web site at

This announcement contains forward-looking statements. All statements, other than statements of historical facts, which address activities, events or developments the Company expects or anticipates will or may occur in the future, are forward-looking statements. A number of risks and uncertainties could cause actual results to differ materially from these statements, including the potential for investigations; additional disruptions to the global credit markets; the current global recession; fines and penalties by government agencies; the identification of one or more other issues that require restatement of one or more prior period financial statements; the existence of material weaknesses in internal controls over financial reporting; availability of quality management; availability and terms of capital; changes in, or the failure to comply with, government regulations; ability to introduce new services to the markets served; ability to remain in compliance with, or obtain waivers under, the Company's loan agreements and indentures; the promulgation, application, and interpretation of environmental laws and regulations; future E&P capital expenditures; oil, gas, gas liquids, and power prices and demand, the amount and location of planned pipelines, the refinery crack spread and planned refinery outages and upgrades, the effective tax rate of the different countries where the work is being conducted, development trends of the oil, gas, power, refining and petrochemical industries; changes in the political and economic environment of the countries in which the Company has operations, as well as other risk factors described from time to time in the Company's documents and reports filed with the SEC. The Company assumes no obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise.

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