16:02:13 EDT Tue 09 Jun 2026
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
ACL Construction Ltd
Symbol ACL
Shares Issued 73,522,074
Close 2026-06-08 C$ 0.15
Market Cap C$ 11,028,311
Recent Sedar+ Documents

A.C.L. renews B.C. orphan well vendor status

2026-06-09 12:21 ET - News Release

Mr. John McPherson reports

ACL CONSTRUCTION RENEWS QUALIFIED VENDOR STANDING OFFER WITH BC ENERGY REGULATOR FOR FOURTH CONSECUTIVE YEAR

A.C.L. Construction Ltd. has renewed 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, chief executive officer 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 preapproved vendor status that allows BCER to efficiently solicit work from qualified contractors like the company 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, oil field road construction and maintenance, project management, and remediation and reclamation services across some of the region's most demanding and remote environments.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.