November 7, 2005

Canfor, Suncor sign agreement to minimize "footprint" of gas, forestry activities

Canadian Forest Products (Canfor) and Suncor Energy have signed an integrated land management agreement aimed at minimizing the environmental footprint of their northwestern Alberta natural gas and forestry operations. The companies intend to integrate their planning and operational activities in a 650,000-hectare area near Grande Prairie where they share a land base.

Under the terms of the agreement, they will collaborate on resource management planning (including sharing of forest resource data), emergency planning, road and bridge construction, a caribou habitat restoration/reforestation project, classification and protection of fish streams, and identification and protection of archaeological and heritage resources. Canfor and Suncor believe this approach will help lower operating costs by reducing duplication of effort and infrastructure. It will also promote co-ordinated long-range planning and increased focus on environmental stewardship in the area.

"With the number of operators on the land base in the boreal forest, it makes perfect sense to co-ordinate our land management efforts with other companies such as Suncor," said Mac Palmiere, Canfor's vice-president, wood products east. "Through working together and sharing information, we are looking to minimize our impact on the land base, enhancing sustainable operating practices and lowering operating costs," he added.

Dave Byler, Suncor's executive vice-president, natural gas and renewable energy, said, "This integrated approach is consistent with our commitment to sustainable development and finding new ways of working responsibly in the boreal forest."

Canfor and Suncor representatives will monitor their integrated land management activities and report the results to stakeholders annually. Canfor operates primary and secondary lumber manufacturing facilities in Grande Prairie, Alberta, while Suncor's activity in the area includes natural gas exploration, production and transportation.

More information is available from Lee Coonfer at Canfor, in Vancouver, 604/661-5225, or Darcie Park at Suncor Energy in Calgary, 403/205-7959.

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