Parkland Fuel Corporation Completes the Acquisition of North Dakota Based SPF Energy Inc.

Parkland Fuel Corporation ("Parkland" or the "Corporation") (TSX:PKI), a North
American petroleum products marketer, today announced that it has successfully
completed the previously announced acquisition of all outstanding shares of SPF
Energy Inc. ("SPF"), the parent company of Farstad Oil Inc. ("Farstad") and
Superpumper Inc. ("Superpumper"). For financial reporting purposes the effective
date of the acquisition was January 1, 2014. All financial figures have been
converted to Canadian dollars.


The total consideration for all outstanding shares of SPF was $113 million. The
purchase price consisted of approximately $91 million cash and the issuance of
1.2 million common shares of Parkland. Share consideration was calculated using
the volume weighted average price of $18.4761 for the five trading days
immediately preceding the closing. The final adjusted purchase price will be
determined post-closing, subject to customary adjustments.


"We are pleased to welcome the SPF Energy Team to Parkland," said Bob Espey,
President and Chief Executive Officer of Parkland. "Our strategy is to grow in
areas with strong future prospects where we can add value through our robust
supply capability. SPF Energy provides a strong platform for further growth in
the Northwestern United States. 


About Parkland Fuel Corporation

Parkland Fuel Corporation is an independent marketer of petroleum products in
North America, empowered by a continent-wide logistics, supply and trading
platform. We provide motorists, businesses, consumers and wholesale customers
with a safe and dependable source of gasoline, diesel, propane, lubricants,
heating oil and other products through a network of locations across North
America that are run by community based operators who care.


To sign up for Parkland's investor information services, please go to
http://bit.ly/PKI-Info or visit www.parkland.ca.


Forward-Looking Information

Certain information included herein is forward-looking. Forward-looking
statements include, without limitation, statements regarding the anticipated
benefits, including, without limitation, the opportunities, capabilities and
synergies, that may result as a consequence of the Acquisition, the accretive
impact of the Acquisition, the operations of SPF and Parkland following the
completion of the Acquisition, Parkland's expectation of its future financial
position, business and growth strategies, including the manner in which such
strategies will be implemented, budgets, projected costs, sources of growth,
capital expenditures, financial results, future acquisitions and the
efficiencies to be derived therefrom and plans and objectives of or involving
Parkland. Many of these statements can be identified by looking for words such
as "believe", "expects", "expected", "will", "intends", "projects", "projected",
"anticipates", "estimates", "continues", or similar words and include, but are
not limited to, statements regarding the accretive effects of acquisitions and
the anticipated benefits of acquisitions. Parkland believes the expectations
reflected in such 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. Forward-looking
statements are not guarantees of future performance and involve a number of
risks and uncertainties some of which are described in Parkland's annual
information form and other continuous disclosure documents. Such forward-looking
statements necessarily involve known and unknown risks and uncertainties and
other factors, which may cause Parkland's actual performance and financial
results in future periods to differ materially from any projections of future
performance or results expressed or implied by such forward-looking statements.
Such factors include, but are not limited to: failure to achieve the anticipated
benefits of the Acquisition, failure to meet financial, operational and
strategic objectives and plans, general economic, market and business
conditions; industry capacity; competitive action by other companies; refining
and marketing margins; the ability of suppliers to meet commitments; actions by
governmental authorities including increases in taxes; changes in environmental
and other regulations; and other factors, many of which are beyond the control
of Parkland. Any forward-looking statements are made as of the date hereof and
Parkland does not undertake any obligation, except as required under applicable
law, to publicly update or revise such statements to reflect new information,
subsequent or otherwise.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Parkland Fuel Corporation - Investor and Media Inquiries
Glen Nelson
Manager Investor Relations
403-986-3353
http://bit.ly/PKIContact
www.parkland.ca
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