Smooth transition for Esso home-heating customers as Pioneer Energy acquires Atlantic Canada business

DARTMOUTH, NS, May 1, 2013 /CNW/ - Burlington, Ont.-based Pioneer Energy today announced it has completed an agreement with Imperial Oil putting Pioneer into the home heating and commercial fuels business in New Brunswick and Nova Scotia.

Pioneer Energy, through a wholly owned subsidiary operating as Pioneer Fuels, has entered into a long-term agreement with Imperial Oil to serve as an Esso Branded Reseller.  Pioneer has acquired seven bulk storage facilities across New Brunswick and Nova Scotia as part of this deal.  The business comprises more than 17,000 home heating-oil customers as well as commercial fuel business.

Pioneer's Atlantic operations are headquartered at 24 Neptune Cres.,  Dartmouth, N.S. B2Y 4T2.

"We are looking forward to upholding the Esso tradition of delivering superior customer service  and high quality products in Atlantic Canada," said Tim Hogarth, President & CEO, Pioneer Energy.  "Additionally, we are making every effort to ensure this is a seamless transition for all of our customers."

Pioneer is committed to growing its home Maritime business, said Brian Kitchen, Vice President, Dealer and Reseller Sales for Pioneer Energy. "To help us achieve continuity of service, the majority of existing drivers and office personnel have been retained.  We will also be creating management, sales and administrative positions in Atlantic Canada."

Pioneer has contracted with Global Fuels Agency Inc. to handle fuel deliveries. "Global Fuels is well established in Atlantic Canada as a fuels transport carrier, and is working with local Esso Branded Agents," added Mr. Kitchen.

About Pioneer Energy
Pioneer Energy is one of Canada's largest independent fuel marketers and distributors by volume focused on meeting the energy and convenience needs of Canadians. Founded in 1956, Pioneer Energy operates in Ontario, Manitoba and Atlantic Canada delivering a broad range of convenience and energy products including: gasoline, propane and diesel; commercial fuels; home-heating fuel; and lubricants.  Pioneer Energy markets through 400 gasoline/convenience retail locations under the Pioneer and Esso brands across Ontario and Manitoba.  For more than 50 years, Pioneer's service-driven spirit and competitive value proposition have kept it at the forefront of the industry. Pioneer Energy and its affiliates are committed to giving back to the community, believing that its success is intrinsically linked to the health of the communities it serves.

SOURCE: Pioneer Energy LP

For further information:

Dave MacFarlane
VP, Corporate Affairs, Real Estate & Development
Pioneer Energy LP
700 - 1122 International Blvd.
Burlington, ON,  L7L 6Z8
905-633-3416
davem@pioneer.ca

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Pioneer Energy LP

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