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Tall Cree First Nation develop energy company

Article Origin

Author

Compiled by Shari Narine

Volume

19

Issue

10

Year

2012

Tall Cree First Nation has formed a partnership 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. In forming Tall Cree Energy, the First Nation has secured 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, if successful, will also evaluate mid-stream and 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 in a news release. “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.” NARP is a private investment and development firm specializing in structuring, financing, and implementing natural resource projects with First Nations, Métis and Inuit peoples in Canada and Tribal Nations in the United States. In addition to its energy partnership with the Tall Cree First Nation, NARP also has an energy partnership with the Blood Tribe and a Treaty Land Entitlement partnership with the Kawacatoose First Nation in Saskatchewan. NARP also has an energy partnership with the Fort Peck Assiniboine and Sioux Tribes in Montana.