Wâpahki Midstream is an Indigenous owned corporation working with industry to promote environmentally sound solutions in resource development, while creating long-term wealth for the Nation.
Working with the tenet of self-determination, self-sufficiency and inspired leadership, we work with trusted partners, investors and world-class advisors to attract new investment capital in Alberta, create jobs and economic growth.
In 2012, CN began exploring alternatives to export bitumen to new offshore markets, which led to the development of CanaPux™ - a unique bitumen and plastics mix, developed and patented in Canada by CN that can be safely transported by rail, doesn't require diluent, and is committed to environmental responsibility and securing off-shore sales.
Wâpahki has been working with CN for over 3 years and has established a valued relationship based on Wâpahki's network, vision and entrepreneurial drive. CN has remained a strong supporter along our path to commercialization.
Our focus is to safely deliver Canadian bitumen to non-combustion industrial end users in road building, textile, waterproofing membranes and sealants to global markets.
WAPAHKI MIDSTREAM ORGANIZATIONAL CHART
HEART LAKE FIRST NATION 94%
SURMONT ENERGY LTD 5%
WAPAHKI ENERGY LTD 1%
CEO | PRESIDENT
SPROULE ASSET MANAGEMENT
Financing: Gregorio Oberti - PWC
Mentorship: Jim Gray
Political: Jay Hill
Academia: Bob Mitchell - Pure Enertech
International Markets: Steve Dechka
Heart Lake and Jeff Paquin joined forces in 2014 to create Wâpahki, with a vision of raising the Nation’s level of economic participation and venture ownership, while leveraging their entrepreneurial culture and remaining stewards of the environment.
Heart Lake has commendable traditional land use models and knowledge studies. They embrace responsible resource development while safeguarding their traditional values. This coupled with their relationships and approach to working with government and regulators has ensured timeliness for operational permits, and healthy oversight on behalf of Heart Lake members.
Surmont Energy is a privately held Canadian corporation involved in oil sands exploration and development. Wâpahki and Surmont created an alliance based on a shared vision for bitumen recovery, job creation and Canadian economic prosperity, and a shared belief in Surmont's foundation of integrity, honesty, scientific principle, creative applications and hard work. This alliance is attracting new capital through the CanaPux™ commitment to economic improvement and higher producer netbacks
Lac La Biche County looks forward to a local plastics facility to help us divert waste from our landfills, reduce our carbon footprint, create jobs, and protect our natural environment for generations to come.
Mayor, Lac La Biche County
We support Heart Lake First Nation and Wapahki in their pursuit of this innovating technology and its commercial roll out. In doing so, the Government of Canada will help ensure First Nation can provide a socially and environmentally responsible solution to maximize the value for Canadian bitumen producers which in turn will benefit all Canadians.
CEO, Indian Resource Council
By accessing global markets in an environmentally sustainable and safe way, CanaPux will help producers like Surmont Energy achieve market access and prices for our production that will attract investment, grow jobs and benefit all Canadians through higher royalties and taxes.
Mark R. Smith
Director and CEO, Surmont Energy Ltd.
A Project of this size would create employment and allow our Members to make an important contribution to a sustainable future for our Province.
Business Manager/Financial Secretary, IBEW Local Union 424