… oilsands lease on the First Nation’s reserve land. … being transferred to the First Nation had existing oilsands deposits … was transferred to the First Nation in 2004. Regulations on … this partnership, Fort McKay First Nation has the opportunity to govern …… oilsands lease on the First Nation’s reserve land. … being transferred to the First Nation had existing oilsands deposits … was transferred to the First Nation in 2004. Regulations on … this partnership, Fort McKay First Nation has the opportunity to govern …