The Wapiscanis Waseskwan Nipiy [Wha-pus-chanis Whas-esk-a-wan Nip-iy], which is Cree for Marten Clearwater, is a newly created limited partnership of 12 First Nation and Métis communities located in northern Alberta. The communities came together to acquire oil and gas midstream infrastructure in the Marten Hills and Nipisi areas of the Clearwater play in Northern Alberta.
This is the first-ever Indigenous loan guarantee with an exploration and production company. Through the partnership with Tamarack Valley Energy Ltd., the Wapiscanis Waseskwan Nipiy partnership has an 85% ownership in critical infrastructure. This historic transaction ensures long-term economic benefit for the 12 Cree and Métis communities whose traditional territory the Clearwater play falls within.
Driftpile Cree Nation
Duncan’s First Nation
East Prairie Métis Settlement
Gift Lake Métis Settlement
Kapawe’no First Nation
Loon River First Nation
Peavine Métis Settlement
Peerless Trout First Nation
Sawridge First Nation
Sucker Creek First Nation
Swan River First Nation
Whitefish Lake First Nation #459
THE OPPORTUNITY
Wapiscanis Waseskwan Nipiy is a partnership that was build with inclusion and impact at the forefront. The opportunity to invest in Clearwater infrastructure sets a path for financial sovereignty for our people and sets the stage for future investment opportunities.
THE PARTNERSHIP
This partnership represents the coming together of 12 Indigenous communities, including First Nations and Métis people, alongside key stakeholders in Alberta’s Oilsands developments. Purchasing this interest paves the way for self-determination and prosperity for the residents of these 12 settlements through stable revenue and economic independence, ensuring a brighter future for generations to come.