In 2017, the Mikisew Cree and Fort McKay First Nations joined forces to buy 49% of Suncor’s East Tank Farm development, resulting in the largest and most significant business transaction in Aboriginal history. Mikisew Group effectively has 15% interest in the midstream asset.
Handling production from Suncor’s Fort Hills Oil Sands mining project, the East Tank Farm includes bitumen storage, blending and cooling facilities, and connectivity to third-party pipelines.
Economic benefits from this partnership will enhance infrastructure development, social programs, education and training in all Mikisew Cree First Nation communities for generations to come.
We are very pleased to announce the acquisition of Guthrie, Northern Alberta’s most knowledgeable and dependable provider of consolidated facilities, industrial maintenance, lifting and tool repair services.
Our relationship began in 2017 with the formation of the Mikisew Guthrie Limited Partnership (MGLP). Today, in adding a significant suite of wholly owned services to our growing portfolio, we have reaffirmed our commitment to expanding our presence in the industry.
Guthrie’s history in the region and its strong values of community, operational excellence and safety performance are exactly in line with our core values. This transaction will not only improve the financial performance of our company but also create skilled-trades employment and apprenticeship opportunities in the Mikisew Cree First Nation and surrounding communities.