Suncor Energy (NYSE:SU) said Thursday it signed a memorandum of understanding with Fort McKay First Nation on a prospective oil sands lease development opportunity on Fort McKay reserve lands in ...
Boucher presides not only over this First Nation, as chief, but also over the Fort McKay Group of Companies, a community-owned business that provides services to the oil sands industry and brought ...
The MOU was made possible after Indigenous Services Canada passed Regulations Amending the Fort McKay First Nation Oil Sands Regulations last December. The amendment saw Reserve No. 174C ...
The holdings in the MacKay River and Dover fields are believed to hold about five billion barrels of oil, and Canada's government is expected to back the deal. Canada's Alberta oil sands hold the ...