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Tall Cree First Nation, located near Fort Vermillion, Alta...

Author

Compiled by Debora Steel

Volume

30

Issue

6

Year

2012

Tall Cree First Nation, located near Fort Vermillion, Alta. has partnered with Native American Resource Partners Canada Inc. to create Tall Cree Energy, which will pursue the development of resource projects both on and off Tall Cree’s reserve lands. The nation has secured with the partnership both the industry expertise and investment capital necessary to evaluate and fund associated exploration and development costs. Tall Cree Energy will initially be focused on oil and gas opportunities and, depending on its success, will also evaluate other energy related investments. “Resource development on First Nation lands in Alberta has been occurring for years and First Nations have rarely been involved in any meaningful way,” said Chief Rupert Meneen. “When our nation made the decision to pursue energy development we knew that we wanted to be involved in the process and wanted to participate in not only the potential royalty revenues generated from development but also to have commercial participation in the form of ownership in an energy company. He said Tall Cree is eager about the job creation opportunities that successful development will create. “The formation of Tall Cree Energy is a big step in securing our future and we look forward to working with NARP on evaluating and developing our nation’s natural resources.”