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NEWS RELEASE

NORTH AMERICAN ENERGY PARTNERS THIRD QUARTER

RESULTS CONFERENCE CALL AND WEBCAST NOTIFICATION

Calgary, Alberta, January 27, 2011 - North American Energy Partners Inc. (“NAEP” or “the Company”) (TSX / NYSE: NOA) announced today that it will release its financial results for the third quarter ended December 31, 2010 on the evening of February 1, 2011 after market close. Following the release of third quarter fiscal 2011 results, NAEP will hold a conference call and webcast to discuss its fiscal 2011 third quarter financial results on Wednesday, February 2, 2011 at 7:00 a.m. Mountain Time (9:00 a.m. Eastern).

The call can be accessed by dialing:

Toll free: 1-877-407-9205

International: 1-201-689-8054

A replay will be available through March 2, 2011 by dialing:

Toll Free: 1-877-660-6853

International: 1-201-612-7415

Account: 286

Conference ID: 366296

The live and archived webcast can be accessed at:

http://www.investorcalendar.com/IC/CEPage.asp?ID=163199

About the Company

North American Energy Partners Inc. (www.naepi.ca) is one of the largest providers of heavy construction, mining, piling and pipeline services in Western Canada. For more than 50 years, NAEP has provided services to large oil, natural gas and resource companies, with a principal focus on the Canadian Oil Sands. The company maintains one of the largest independently owned equipment fleets in the region.

For further information, please contact:

Kevin Rowand

Director, Strategic Planning & Investor Relations

North American Energy Partners Inc.

Phone: (780) 969-5528

Fax: (780) 969-5599

Email: krowand@nacg.ca