Venture forms for Mackenzie gas pipeline

Jan. 13, 2005
Flint Energy Services Ltd., Calgary, has joined Gwich'in Development Corp. (GDC) and five construction companies in a joint venture—the Mackenzie Aboriginal Corp. (MAC)—to participate in construction of the Mackenzie Valley gas pipeline.

By OGJ editors

HOUSTON, Jan.13 -- Flint Energy Services Ltd., Calgary, has joined Gwich'in Development Corp. (GDC) and five construction companies in a joint venture—the Mackenzie Aboriginal Corp. (MAC)—to participate in construction of the Mackenzie Valley gas pipeline.

MAC, which will seek membership of other Mackenzie Valley aboriginal groups, will offer construction, transportation, and logistics services. The pipeline will carry gas from the Canadian Arctic to southern Alberta.

Current partners in the venture are Ledcor Industries Inc., Midwest Management (1987) Ltd., North American Pipeline Inc., Pentastar Energy Services Ltd., and Peter Kiewit Sons Co.

A holding company representing GDC owns 51% of the new venture, and the remaining 49% is held by a holding company representing the other participants.