Petro-Canada
NYSE : PCZ
TSX : PCA

Petro-Canada

March 19, 2009 16:48 ET

Petro-Canada Partners With Key Environmental Organizations to Inspire Generations of Water Champions

CALGARY, ALBERTA--(Marketwire - March 19, 2009) - Petro-Canada is pleased to announce that it has partnered with the Canadian Parks and Wilderness Society, the Centre for Affordable Water and Sanitation Technology and the Alberta Ecotrust Foundation to deliver education programs that will foster and inspire generations of water champions. Petro-Canada is committing $2 million over the next five years to these programs, with potential for future growth.

"We are focusing our Community Partnerships environmental funding on water and water-related ecosystems because we know water is a critical issue to communities and our business," said Greta Raymond, Petro-Canada's vice-president environment, safety and social responsibility. "By partnering with three respected, non-profit organizations, we can develop a number of long-term, water initiatives that can have an impact locally and globally."

Petro-Canada and its partners have created the following new education programs:

- Water Rangers - an interactive and action-based education program where Grade 4-6 students learn about the importance of water and become inspired to help conserve and protect watersheds.

- Wavemakers - a program dedicated to informing, engaging and encouraging action by youth of all ages on local and global water issues. Through highly interactive classroom activity and an intensive Youth Summit program, youth have an opportunity to design their own action plan and celebrate their efforts to protect and conserve one of the world's most precious resources.

- Watershed Protectors - a program to improve long-term watershed protection in Alberta by assisting local volunteer watershed stewards to work more effectively and collaboratively in their conservation and protection roles. Using a team-based approach, this program helps Watershed Stewardship Groups (WSG) build capacity by equipping them with knowledge, tools and networking capability.

Pat Letitzia, Executive Director, Alberta Ecotrust Foundation added, "Our relationship with Petro-Canada began almost 20 years ago when they co-founded our Foundation. The Watershed Protectors program is yet another example of how we continue to build on the model where corporations, non-profit groups and individuals collaborate to accomplish a common goal."

The Calgary-Banff chapter of Canadian Parks and Wilderness Society (CPAWS) works to protect wild ecosystems in parks and protected areas. Through education programs, CPAWS seeks to create a community of knowledgeable, empowered citizens who engage in stewardship and positive environmental action to conserve ecosystems, wilderness and protected areas.

CAWST, the Centre for Affordable Water and Sanitation Technology, is a humanitarian organization based in Calgary providing education, training and technical consulting in water and sanitation to organizations working with the poor in developing countries. CAWST actively engages Canadians to get involved in the cause, encouraging youth and adults to take grassroots actions to conserve water and raise awareness locally and globally. To date, CAWST has helped in 53 countries, and has catalyzed a network of 135 organizations implementing independent water programs that have impacted 1,625,000 people with improved water.

The Alberta Ecotrust Foundation's mandate is to build partnerships for environmental action at the community level. This unique charitable organization is based on principles of partnership and collaboration, where representatives from industry, environmental groups and the community at large work together for a common purpose - to approve, fund and facilitate grassroots environmental projects across Alberta. In addition to being a grantmaker, Alberta Ecotrust provides support to non-profit organizations to help build capacity and also assists groups with proposal development, project management, community forums and community dialogues.

Petro-Canada is one of Canada's largest oil and gas companies, operating in both the upstream and the downstream sectors of the industry in Canada and internationally. The Company creates value by responsibly developing energy resources and providing world class petroleum products and services. Petro-Canada is proud to be a National Partner to the Vancouver 2010 Olympic and Paralympic Winter Games. Petro-Canada's common shares trade on the Toronto Stock Exchange (TSX) under the symbol PCA and on the New York Stock Exchange (NYSE) under the symbol PCZ.

Contact Information

  • Media and general inquiries:
    Victoria Barrington, Corporate Communications
    Petro-Canada (Calgary)
    (403) 296-8589
    or
    Hazel Gillespie, Corporate Communications
    Petro-Canada (Calgary)
    (403) 296-8476
    Website: www.petro-canada.ca