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3TuesdayApril222014PoliticsAboriginalByMEAGANWOHLBERGTheNWTMtisNationisnotonlylookingforimpactmitigationwhenitcomestotheproposedThaideneNenenationalparkontheEastArmofGreatSlaveLakeitwantstobepartoftheco-managementmodelwiththeLutselKeDeneFirstNationLKDFN.PresidentGarryBaileytoldTheJournallastweekthatbeyondwantingtopre-servememberswayoflifetheMtisNationwantstositonthesameboardasParksCanadaandLKDFNandbegiventhesameeconomicopportunitiesaspeopleinLutselKe.Foranyboardestab-lishedwedbewantingequalrepresentationhesaid.Whenwegetintomanage-mentoftheparkwedpreferoneboard.TheMtisbegannego-tiatinganimpactbenefitagreementIBAwithParksCanadainFebruary.Thosenegotiationsareexpectedtobecompletedwithinthenext18monthsbasedonmonthlymeetings.WhiletheterritorialMtiswantco-managementofEastArmparkNWTMtisNationintalkswithParksCanadaonThaideneNenegovernmenthasvoicedconcernaboutthesizeoftheparktheproposedboundar-iesofwhichtotalalandmassof33000square-kmBaileysaidthemainconcernsfortheMtisareaccesstotra-ditionalharvestingofwild-lifeshplantsandtreesandthewayinwhichtheparkmightimpacteconomicopportunities.Sofarwedontreallyhaveconcernsaboutthesizeoftheparkweremoreconcernedabouthowitsgoingtoaffectusandwewanttomakesurethatitdoesntaffectushesaid.WedontwanttoendupwithanotherWoodBuffaloNationalParkwheretheyrekickingtheMtisoutoftheparkandstufflikethat.Thatsourbiggestfearandthatswhywerenotsignedonyet.Wereactuallyne-gotiatingaplanandhope-fullyitllaccommodateourinterests.ThenameoftheparkwillalsobeunderdiscussionBaileysaid.LKDFNandParksCan-adahavebeenformallyne-gotiatingthecreationofthenationalparksince2004withtalksstretchingback30years.Thetwopartiessignedanestablishmentagreementlastyearandnowarelookingtonalizetheboundaries.ThedevolutiontransferwhichsawauthoritiesforCrownlandhandedovertotheterritorialgovern-mentonApr.1hasmeanttheGNWTwillalsohaveaspotatthenegotiatingtablewithLKDFNoverthenexttwoyearsbeforetheinterimlandwithdrawalfortheparkexpiresin2016.NegotiatorsforLKDFNsaidtheagreementisbe-tweentheFirstNationandthefederalgovernmentandthatanynegotiationsParksCanadadoeswithanotherAboriginalgovernmentisseparate.Whiletherearenomeet-ingsscheduledbetweentheMtisandFirstNationBai-leysaidheisnotopposedtosittingdown.Iimaginethatonceweveallagreedtowhatthatparksgoingtobewherethatparksgoingtobethenweregoingtohavetogettogetherandhopefullyseewhatkindofcommoninterestswehavehesaid.BaileysaidtheMtishavebeentryingtogettothetableonThaideneNenesince2004.Itsbeenalongtimecomingforusandfinallywemanagedtogettothetable.LutselKeortheAkaitchoareprobablywayaheadofuswehaventseentheiragreementoranythinglikethathesaid.Themainthingisthatweretherenow.PhotoNWTMNNWTMNpresidentGarryBaileyleftsignsanagreementtonegotiateanimpactandbenetplanwithParksCanadaonthenationalparkproposedfortheEastArmofGreatSlaveLake.MGMpresidentpredictsroughgoforstrandedNorthernresourcesContinuedfrompage1.SykessaidtheunfortunaterealityisthatinvestorsarereticenttobackexplorationprojectsintheNorthevenifthosecompaniesaresittingontrillionsofcubicmetresofoilorgaswhichisduetolackofpipelinesandotherwaystogetresourcestomarket.WeresittingonbillionsofbarrelsofoilintheSahtubuttheresnowheretotakeanyofitandnobodycantellyouwhentheremightbeawaytogetanyofitoutoftherehesaid.Investorswanttoseethatitsactuallyhappeningthatsomebodysactuallystartingtoputinfrastructureinthegroundbeforetheystartmak-ingcommitmentsotherwisetheyjustdontbelieveit.SothatmakesitimpossibleforcompanieslikeourstoraisemoneyforNorthernexplora-tionandIthinkthatsreallyquiteregrettable.ThestrugglealsostretchestobiggercompanieslikeCono-coPhillipsandHuskyEnergybothcurrentlydrillingintheSahtuSykessaidAlmostev-erybodyinvolvedintheSahtuislookingforpartnerstospreadtheirriskaroundbecauseitstoomuchmoneywithnoim-minentprospectofreturn.Sykespredictsspendingwillslowdownoncecompa-niesmeettheirinitialspend-ingcommitmentsasexhibitedthismonthbyConocoPhillips.Whilethecompanyplanstoapplytodrillupto10morewellsintheSahtuitdecidednottoallocateanycapitalfundingtowinterdrillingin2014-15.Althoughheseesgreatstridesbeingtakenbytheterritorialgovernmentandtheprivatesectortoimprovetheenergyinvestmentsitua-tionintheNWTSykessaidtheresnocontestforinvestorswhenaturnaroundonprotsinawell-developedarealiketheBakkenshaleplaytakesmonthscomparedtoyearsorevendecadesintheNorth.ItsveryhardfortheNorthtocompetewiththat.InfactIwouldsaythattodayitsimpos-siblefortheNorthtocompetewiththathesaid.Strandedresourcesareofnovaluetoanybody.WeresittingonbillionsofbarrelsofoilintheSahtubuttheresnowheretotakeanyofitandnobodycantellyouwhentheremightbeawaytogetanyofitoutofthere.HenrySykesMGMEnergyCorp.IndustryOilGasMayisHardofHearingAwarenessMonthTheCanadianHardofHearingAssociationCHHAYellowknifeBranchishavinganopenhouseonMay152014attheBakerCentreat630p.m.Allarewelcometojoin.TherewillbeequipmentdemonstrationsandatalkbyguestspeakerLynnLaSaga.