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New oil and gas drilling company launched by Indian Resource Council of Canada

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Energy worker in Alberta. Photo courtesy Government of Alberta

From the Canadian Energy Centre

By Mario Toneguzzi and Deborah Jaremko

‘This is a great opportunity for our members to be on the ground floor of a First Nations-supported energy services company’

Indigenous ownership in Canadian oil and gas continues to grow with the launch of a new drilling company.  

Along with industry heavyweights, the Indian Resource Council of Canada (IRC) is one of the founding partners of newly-formed Indigena Drilling. IRC’s aim is to provide economic benefits to its more than 155 member nations across the country.  

“[This] is a great opportunity for our members to be on the ground floor of a First Nations-supported energy services company,” said Stephen Buffalo, Indian Resource Council CEO.  

Gurpreet Lail, CEO of Enserva, a national trade association representing the service, supply, and manufacturing sectors of the Canadian energy industry, welcomes the new company.  

“There are so many discussions happening around Indigenous economic reconciliation, but this actually is doing that instead of just talking about it,” she said. 

“This kind of partnership is actually going to help all Nations, not just one.” 

Indigena Drilling is an evolution of the relationship between Indigenous communities and drilling operators, says Mark Scholz, CEO of the Canadian Association of Energy Contractors (CAOEC). 

“We see a lot of joint partnerships within the industry where it could be ownership or shared ownership of a rig, but I think this is a unique one coming from the lens of a company starting out with significant ownership from an Indigenous perspective would be quite new, at least in the last 10, 20 years,” he said. 

Historically it has been more common for Indigenous partnerships on the service rig side of the industry, Scholz said. The main difference is that smaller service rigs conduct work on existing wells, versus drilling rigs that drill new wells.  

“A service rig can actually stay very tethered to a particular area and doesn’t have to move long distances, so it’s actually quite conducive to a lot of First Nations communities that often want to stay in the community,” Scholz said.  

The CAOEC forecasts approximately 6,400 wells will be drilled across western Canada this year, an increase of about 800 wells compared to 2022.  

Scholz said he expects more Indigenous ownership examples like Indigena in the future, particularly in British Columbia, because of the tremendous drilling opportunities that are going to exist in supporting liquefied natural gas (LNG) exports. 

“Obviously long-term, both Alberta and British Columbia have huge gas reserves. As we start talking about the energy transformation, gas is going to be incredibly important,” he said.  

“I think we’re going to see more LNG takeaway capacity that’s going to have First Nations support and I do see additional opportunities for First Nations communities to have a very robust energy services sector within their communities that they’re going to be operating in.” 

Lail said there are more Indigenous-owned energy services companies today than previously, but more need to come into the space.  

“As an industry on the whole, I think we’ve done a really good job at moving the needle but there’s more movement that needs to happen,” she said.  

“I think this is a good news story and I hope we get more of these into the future.” 

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Alberta

Alberta Premier Danielle Smith Media Roundtable from Washington

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From the YouTube channel of Alberta Premier Danielle Smith

Members of the media join Premier Danielle Smith for a round table on January 21, 2025.

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Economy

Trump declares national energy emergency

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From The Center Square

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President Donald Trump signed an executive order Monday night declaring a national energy emergency.

Trump announced the order earlier in the day during his Inauguration Speech.

“We will drill baby drill,” Trump said. “We will bring prices down, fill our strategic reserves up again right to the top, and export American energy all over the world. We will be a rich nation again and it is that liquid gold under our feet that will help to do it.”

The order states that high energy prices are an “active threat to the American people.”

“The policies of the previous administration have driven our Nation into a national emergency, where a precariously inadequate and intermittent energy supply, and an increasingly unreliable grid, require swift and decisive action,” the order said. “In light of these findings, I hereby declare a national emergency.”

To solve high prices and remedy the “numerous problems” with America’s energy infrastructure, the order stated that the delivery of energy infrastructure must be “expedited” and the nation’s energy supply facilitated “to the fullest extent possible.”

This was one of many executive orders the president signed on his first day in office.

In another order signed Monday night, Trump declared it was time to unleash American energy.

“In recent years, burdensome and ideologically motivated regulations have impeded the development of these resources, limited the generation of reliable and affordable electricity, reduced job creation, and inflicted high energy costs upon our citizens,” the order said. “It is thus in the national interest to unleash America’s affordable and reliable energy and natural resources.”

All this will be done through encouraging energy exploration, the elimination the electric vehicle mandates, and safeguarding “the American people’s freedom to choose from a variety of goods and appliances.”

The order promises these measures will “restore American prosperity,” “establish our position as the leading producer,” and “protect the United States’s economic and national security and military preparedness.”

In an earlier signing of executive orders in front of a crowd of supporters at the Capital One Arena, Trump signed an executive order withdrawing the United States from the Paris Climate Accords.

Elyse Apel is an apprentice reporter with The Center Square, covering Georgia and North Carolina. She is a 2024 graduate of Hillsdale College.

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