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October 2014

The Heart of the Matter


A New Way of Doing Business with First Nations:
Interview with Jeffrey Copenace

Pacific Future Energy’s commitment to build and operate the world’s greenest refinery on British Columbia’s north coast is motivated by their belief that it is in Canada’s national strategic interest to gain access to international markets for Alberta’s oil, especially the fast growing Asian markets.

They are firm in their beliefs it shouldn’t be done at the sacrifice of BC’s coast or broader environment, and that it must be done in full partnership with First Nations. In regards to building those partnerships with First Nations, their beliefs attracted Jeffrey Copenace to join their team as the Senior Vice- President of Indigenous Partnership.

Download the full article (PDF) here:  The Heart of the Matter

Pacific Future Energy Corporation Expands Team with Leading First Nations and Oil Industry Expertise

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CALGARY — The Honourable Stockwell Day, P.C. announced the appointment of two new members to the Pacific Future Energy Advisory Council today. The two new additions will continue to strengthen the company as they work to develop the world’s greenest refinery in British Columbia, Canada.

“We are very pleased to announce that Jack Donald and Chief Robert Louie are joining us,” said Day, while speaking at the 2014 Calgary Energy Roundtable. “They both bring a wealth of business experience and technical expertise to help guide us through this ambitious project,” he added.

Jack Donald, is the founder of Parkland Industries and a Member of the Canadian Petroleum Hall of Fame. Robert Louie is the Chief of the Westbank First Nation. He is also the Chairman of the First Nations Lands Advisory Board and Chairman and Board Director Member of the Peace Hills Trust.

Pacific Future Energy has assembled a global team to build a refinery that will protect Canada’s West Coast from the threat of a heavy oil or bitumen spill. Mr. Day was announced as the chair of the company’s Advisory Council in September of this year, and several additional appointment announcements are expected shortly as the company continues to expand.

About Pacific Future Energy
Vancouver-based Pacific Future Energy is a company that has been developed to finance, design and construct the world’s greenest oil refinery in British Columbia, Canada. The management team consists of leaders from the venture capital, corporate and government sectors, who share the belief that while it’s in Canada’s national strategic interest to diversify its markets for oil, it should be done in a socially and environmentallywhile ensuring the protection of Canada’s west coast.

For interviews or more information, contact:

Kate Guest, Citizen Relations on behalf of Pacific Future Energy
(604) 647-6263

– Backgrounder –
New Appointees to Pacific Future Energy Advisory Council

Jack C. Donald


Jack C. Donald, injected the “upstream” exploration sector’s streak of entrepreneurial independence into “downstream” refining and retailing from his home base in Red Deer.

Starting with two gas stations and a truck in 1977, he built Parkland Industries into a chain spanning western and northern Canada with 454 retail locations, a trucking fleet and a former Shell refinery at Bowden, Alberta.

The firm was a case of building an entry in a hotly-competitive field virtually from scratch. In 1971-76, Mr. Donald honed his skills as marketing vice-president of Turbo Resources, a highly successful refiner and retailer of the period. Mr. Donald and his wife Joan charted an independent course by buying control of Parkland Beef Industries Ltd., which was at the time a 15-year-old operator of a cattle feedlot. Within a year, the Donalds dropped the beef and steered the firm into oil products under the Fast Gas brand.

He put his stamp on the industry as president of River Ridge Resources Ltd. and as a former director of TransAlta Corp., Ensign Resource Services Group and Del Roca Energy Ltd.

His expertise has also been recognized with appointments such as chairman of Canadian Western Bank, Alberta Opportunity Co. and provincial tax reform commissions.

Mr. Donald is an active member of the Red Deer community serving two aldermanic terms and as a member of the board of Red Deer College. He has also received the Pinnacle Award for Business Excellence.

Robert Louie


Robert Louie, LL.B., OC, of Kelowna, B.C. is the Chief of the Westbank First Nation. He is also the Chairman of the First Nations Lands Advisory Board and Board of Director member of Peace Hills Trust (Financial Institution). He served as a Board of Governor member with the University of British Columbia and as a member of the President’s Advisory Council of the University of British Columbia Okanagan (UBC-O).

Chief Louie is also a former practicing lawyer who specialized in native law. Previously he was a member of a Task Group of the First Nations Summit, and was involved in B.C. treaty negotiations representing the Chiefs in B.C. for a period of 4 years.

Chief Louie has served on numerous other boards and advisory bodies, including the National Aboriginal Economic Development Board, First Nations Finance Authority Inc., All Nations Trust Company, Kelowna Chamber of Commerce, United Native Friendship Society, and the Premiere’s Advisory Council of Aboriginal Affairs.

Chief Louie has been the recipient of many awards and recognitions over the years. By far the most prestigious, was his appointment as an Officer to the Order of Canada. More recently, he was the recipient of the Distinguished Alumni Award from Okanagan College, the Queen’s 2nd from Xerox Canada/Aboriginal Financial Officers Association. In February 2014 Chief Louie was presented with an honorary Doctors of Laws degree from the Justice Institute of British Columbia.

He is also the owner of several successful businesses in the Kelowna area.

Financial Post – Does this man have the solution Canada’s oil sands has been waiting for?


Photo credit Todd Korol – Financial Post
Samer Salameh, chairman of Pacific Future Energy, wants to build the $10-billion, 200,000-barrels-a-day first phase of its refinery even if no pipelines to the West Coast move ahead.

The last time Canada’s oil industry was pitched a bold plan to build a large heavy oil refinery on the West Coast, eyes were rolled. The proponent was Victoria-based newspaper publisher David Black, and two years later, his $32-billion, Kitimat Clean Ltd. project has yet to make credible progress.

Ready the entire Financial Post article here.

Energy Builders


The skeptics who believe it’s not financially viable to build and operate an
oil refinery on British Columbia’s north coast simply don’t understand the business model, says Robert Delamar, CEO of Pacific Future Energy, whose company is planning to do just that.

“We are well past the need to defend the economic viability
of our project,” he says. “We are not talking about building a 20th century topping plant that sources international feedstock at Brent pricing. We are proposing to build the world’s greenest, most technologically advanced export refinery to be fed exclusively with Canadian bitumen.”

Download the full article (PDF) here: Energy Builders – Oct. 14, 2014

Voice of BC – Oil Refineries For BC

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While the media and public’s attention has been primarily on developments like LNG, Northern Gateway and Site C, there is another resource proposal being pitched. In fact two companies are currently looking at and investing research capital into oil refineries for BC’s coast.

Jeffrey Copenance from Pacific Future Energy and David Black from Kitimat Green discuss their specific proposals and why they believe they would be good for BC. They are in conversation with Vancouver Sun columnist and host of Voice of BC Vaughn Palmer.

Oil Refining In Canada Makes Sense – Market Wired

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Third-party economist’s report shows value-added enterprises would be highly profitable in Alberta

EDMONTON, ALBERTA–(Marketwired – Oct. 6, 2014) – A new, comprehensive report on the economics of upgrading and refining in Western Canada shows that an integrated upgrader-and-refinery plant would be highly profitable if it were built in Alberta today.

The report, entitled “Upgrading Our Future: The Economics of In-Province Upgrading”, was released on Monday, Oct. 6, at an event featuring Alberta Federation of Labour president Gil McGowan; representatives of two separate companies with proposals to build refineries in Ontario and BC; and the report’s author, Ed Osterwald, an internationally recognized energy expert and senior partner with UK-based Competition Economists Group (CEG).

“Today, we’ve proven to Albertans that it makes economic sense to think like owners of the oil sands, and keep good jobs here,” McGowan said. “Albertans should get the maximum value out of the resources they own. Doing so creates more jobs and wealth. It just makes sense for us as a province, and for us as a country.”

The report updates a 2006 study commissioned for the Government of Alberta’s Hydrocarbon Upgrading Task Force. [2006 HUTF study by David Netzer] By applying today’s costs and prices to the 2006 study, Osterwald showed that oil-sands upgrading, refining and petrochemical manufacturing remain highly profitable – especially if the Province of Alberta were to take a stake in the project.

“There is an emerging consensus on the need to add value to our natural resources before they get shipped overseas,” McGowan said.

Among the participants in the release of the report was former federal international trade minister and former Alberta treasurer Stockwell Day, who has recently joined the advisory board of Pacific Future Energy, a BC-based company proposing a $10 billion oil sands refinery in northern British Columbia. Day will join the proceedings via teleconference.

“We support efforts like Pacific Future Energy, who are clearly looking to expand Canadian manufacturing and the good jobs that go with it,” McGowan said. “Some might call it strange bedfellows, we call it a coalition of common sense. We’re delighted that there are leaders in the private sector committed to keeping good, long-term, middle-class, family-sustaining jobs in Canada.”

Click here to view the original article