CSV Midstream Solutions Corp. receives all regulatory approvals for its Gold Creek sour gas processing plant

CALGARY, Alberta, Aug. 20, 2024 (GLOBE NEWSWIRE) — CSV Midstream Solutions Corp. (“CSV” or the “Company”), an independent Calgary-based midstream company, is pleased to announce that it has received approval from the Alberta Energy Regulator under the Environmental Protection and Enhancement Act (“EPEA”) and Policy 56 for its Gold Creek Sour Gas Processing Plant (“Gold Creek Facility”) located at 06-03-068-05 W6M. This represents a significant milestone in the development of the Gold Creek Facility as we move toward a Final Investment Decision (“FID”) on the Project, which is subject to binding agreements with our production partners.

The Gold Creek facility underscores CSV’s Regional Shared Value initiative and supports our focus on the Grande Prairie and Peace River region. The facility has been strategically located adjacent to the Greenview Industrial Gateway and Side Group Rail’s Gold Creek rail facility. This location provides flexibility and additional opportunities to develop long-term local products, services and economic benefits for the greater Grande Prairie region and the region’s Indigenous communities.

The Gold Creek plant is permitted as a 150 million cubic feet per day sour gas plant. It will recover up to 370 tonnes per day of sulphur and eliminate the need, risks and concerns associated with the disposal of sour gas in the region, while providing producers with market access and options for the sulphur feedstock. The plant will be a sister plant (similar in size, design and operation) to CSV’s Albright Gas Plant, which is currently under construction west of Grande Prairie and is expected to be operational in the fourth quarter of this year.

The plant will process sour natural gas with high H2S content from the Montney Formation in Alberta. The sulphur produced has numerous end uses including fertilizer for agriculture, acid production for lithium extraction and feedstocks in mining and industrial services. The plant will be the only sour gas plant with sulphur recovery in the Gold Creek area and will provide a much needed sour gas processing solution for producers south of the Wapiti River.

CSV is also exploring options for treating sour water that could improve service delivery in the region. CSV’s proven, proprietary water treatment process allows produced sour water to be treated, recycled and returned to producers for use in applications such as fracking. This treated water could reduce industry’s fresh water needs, reducing the strain on the region’s rivers, lakes and aquifers as we work to alleviate the drought conditions affecting the region.

Christopher Dutcher, Vice President of Business and Corporate Development at CSV, commented, “Today’s announcement underscores CSV’s growing presence as we continue to develop unique solutions that benefit our industry and community partners. Our focus on the Grande Prairie region and the Greenview Industrial Gateway underscores our commitment to supporting and expanding product use in the Grande Prairie region with companies and partners and helps ensure economic benefits remain in the region. We expect more opportunities to emerge as more companies choose to locate and grow at the Greenview Industrial Gateway.” The Gold Creek facility is scheduled to be operational in 2027.

About CSV Midstream Solutions Corp.

CSV Midstream is a Calgary-based company that provides a full range of services for complete midstream solutions. With a vision to advance midstream, the company provides innovative, sustainable strategies for the development, engineering, construction, operation and management of natural gas and NGL assets, including sweet and sour gas processing, liquids handling, gas gathering and transmission pipelines and captive water services. CSV Midstream’s primary focus is the natural gas energy industry in the Grande Prairie and Peace River region of Alberta.

For more information about CSV Midstream, visit www.csvmidstream.com.

Contact information for CSV Midstream

Daniel Clarke
Managing Director
t: 587,316,6900
E: [email protected]

Rick Staples
president
t: 587,316,6900
E: [email protected]