First Nations pursue natural gas project March 1, 2021 Local Journalism Initiative Reporter Lheidli T’enneh Nation, McLeod Lake Indian Band and Prince George-based Formula Capital Corp. said they are close to forming a partnership to develop a petrochemical complex in the First Nations’ fledgling industrial park north of the city. The move comes after West Coast Olefins Ltd. president Ken James said in December it has decided to renew a plan to build a complex at the BCR Industrial Site in Prince George. WCOL had considered properties near Summit Lake and Bear Lake – including land LTN and MLIB have their eyes on for the industrial park – but backed away, James said, because opposition to the project remained just as strong as if if was to be built in Prince George.