Suncor Energy signs memorandum with Fort McKay First Nation

Company

Suncor

Law Firm / Organization
Suncor Energy Inc.

Company

Fort McKay First Nation

Law Firm / Organization
Fort McKay First Nation

Fort McKay First Nation (FMFN) and Suncor Energy announced the signing of a Memorandum of Understanding (MOU) to explore a potential oil sands lease development on FMFN reserve lands in Alberta's Regional Municipality of Wood Buffalo.

This agreement allows Suncor to conduct early-stage technical and commercial feasibility assessments to determine the quality and quantity of economically recoverable mineable ore on Lease 174C, situated within FMFN's reserve territory.

This MOU represents a significant step in Suncor's journey of reconciliation and commitment to achieving net-zero emissions from its operations by 2050.

Joint Venture
Mining
Undisclosed/Confidential
Active