The Mackenzie Gas Project is being proposed by Imperial Oil Resources Ventures Limited, the Aboriginal Pipeline Group (APG), ConocoPhillips Canada (North) Limited, Shell Canada Limited and ExxonMobil Canada Properties. The proposed project is looking to develop natural gas fields in the Mackenzie Delta of Canada's Northwest Territories and deliver the natural gas to markets through a pipeline system built along the Mackenzie Valley.

TransCanada has agreed to lend funds to the APG for its share of the project definition phase costs in the Mackenzie project. In return, TransCanada has various opportunities to become part of the pipeline project should it go forward. And the pipeline system would connect with TransCanada's current facilities in northern Alberta. For more information about this funding you can look at the news release sent in June, which is included in the What's New section of the new Web site.

For more information about TransCanada's involvement in the Mackenzie project, please contact Jeff Rush at 403-920-5819.