The health and safety of our employees, third party contractors and the public who are proximal to our operations is of paramount importance to Bison LCV staff, management and shareholders. Recognizing safety is a culture, we will have rigorous plans, formulated by experts in the field for all of our operations, and procedures in place to ensure that adherence to the plan is part of our normal work flow. There will be regular independent audits to verify compliance.

Minimizing the impact of industrial development on the environment to increase sustainability is at the core of the concept of capturing and storing greenhouse gases. Consistent with that commitment to increased sustainability, our operations have been designed to minimize the potential negative impact on groundwater, air quality, soils and surface disturbance. The project scope will require several levels of regulatory approval and ongoing compliance that should provide a level of comfort that best practices will be adopted and maintained. Principals of Bison LCV have operated projects in western Canada for over 40 years without major incident, accident or release through efforts focused on continued diligence and improvement, and that will continue to be our focus.

Pre-project consultation and stakeholder engagement with the local Municipality, the Aboriginal Consultation Office, area surface landowners and stakeholders, specific test location surface landowners, Freehold mineral rights owners and any other parties likely to be affected by the project has been ongoing for three years since our initial tenure award. We have connected with over 1000 stakeholder and met close to 200. We understand that CCUS is in general is a new concept and that accurate information about the process, equipment, operations, risks and mitigative measurements will be required. This consultation is intended to inform all stakeholders of the project scope, objectives, potential impacts and timeline, and offer the opportunity for input that will be incorporated into Bison’s schedule, scope description and additional consultation plan. Bison LCV will continue this consultation work throughout the projects life. 

Appropriate management of project risks are the focus of our Measurement, Monitoring and Verification program (MMV) and the intended outcome of the regulatory approvals we have sought and received from Alberta Department of Energy (ADOE) and the Alberta Energy Regulator (AER).

The ADOE reviewed and approved our Commercial Sequestration Agreement for 15,000ha of the 70,000ha Evaluation permit granted in 2022. The AER reviewed and approved our D065 scheme approval and Measurement Monitoring and Verification program in February 2025, which incorporates at least 18 measurements intended to establish/confirm safe injection into the storage complex, permanence, and conformance with modelled resewrvoir performance. The AER administers the Oil and Gas Conservation Act under which all our wells, facilities and operations are licensed and monitored, and the Pipeline Act which will regulate that aspect of our operation.