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NAEP Continues Oil Sands Mining Operations
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North American Energy Partners Inc. has announced results for the quarter and year ended December 31, 2014.
Martin Ferron, President and Chief Executive Officer of the Company, commented: "We were pleased to produce a strong end to another year, distinguished by much improved financial performance and health. The strategic plan we embarked on 30 months ago was designed to allow us to deal better with the cyclical downturns that are a constant risk in our industry. Well, we are certainly now faced with such a downturn and for 2015 we will focus on being a key part of a cost solution for our oil sands customers, while redoubling our efforts to find revenue diversification. We intend to manage our business with the clear objective of continuing to produce operating cash flow."
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