Fishing Lake Métis Settlement, a larger fee simple land holder is within the Cold Lake Oil Sands area, one of the deposit of oil sands consisting of sand and rock saturated with a thick, viscous form of petroleum called Bitumen. The technology to extract and refine bitumen has undergone tremendous development recently, as well has been negatively impacted with the economic downturn. There is a large cumulative footprint by industry within the Fishing Lake Metis Settlement. There are six industry partners that have extraction operations at various stages of production. We work with four heavy oil companies, one gas producer, and two utilities companies.
Our Oil and Gas department manages our community’s relationship with the energy industry and our settlement land interest holders. We are responsible for everything from the information of a Mineral Sale, surveys, surface access agreements, annual compensation distribution, taxation, and any special term and conditions that may be attached to any area relative to Oil and Gas.