Talk of Natural Gas, Just Hot Air?

Sunday, July 10, 2005 03:45 AM

I have a question for Pat Bell, BC’s new Agriculture Minister; Where’s the Beef?

Have we been handed something that those bulls distribute before we get the meat?

I have heard your Government's talk ( and I have promoted the idea) that we are just about ready to punch the first hole in the ground and gas will come spewing out in the Nechako basin. Is the talk of all that gas, just a lot of hot air?

When Pat Bell was the Junior Mines Minister, rarely a week went by when we didn’t get the pitch about natural gas wells in this region. Well, Bell's now the Ag Minister and he is still talking about that big oil rig in the sky, located somewhere between here and Quesnel.

Well I have been waiting (and I presume many of you have as well ) for that big announcement.

We hear all sorts of gossip that some company is drilling in our region and its all hush hush, but you know, never a solid word or lead.

And a well head or a stack just can’t be hidden easily.

So after five years I’m getting a bit antsy. Either you show me the money Pat, or I’m going to start believing that you flunked geography and are confusing Prince George with Ft. St John.

We know that north of the Pine Pass they're shooting the lights out in the Oil patch, but this is Prince George. All that northern gas and oil money flows either into the Provincial Government's bank account or a goodly portion to our Albertan neighbors to the east.

If we had some action in the Nechako basin, some of the money would stick here. But as we know, talk is very, very cheap.

That, is one man's opinion.

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Posted on Sunday, July 10, 2005 03:45 AM in Views by Ben Meisner

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Comments

Posted by: Chadermando on July 10 2005 7:24 AM

Ben,
IMO its all hot air.

I play the stock market with junior oil and gas companies that are involved in exploration. Every single one of them will brag about the potential of the property that they have rights to, all to gain capital, unless they are trying to acquire adjacent properties under a tight hole status after already drilling exploratory wells.

Currently I can't find a single junior oil and gas that talks about the Nechako basin, much less has plans for an exploratory well. The only exploratory well I've heard of ever in this region was at Baldy Hughes air base. That well came up dry but was the source of a notorious pump and dump for the company selling shares to the public on lies of great amounts of oil.

The people I've talked to say the ground is to porous in this region for there to be any gas, and that the amount of oil is negligable. The Enbridge people with their Gateway pipeline think only of Prince George as a potential client for their oil via the Husky Oil refinery. They have no plans to be hooking up with local suppliers and most sound surprised when this notion a Nechako basin reserve is even mentioned.

I would imagine if any penny stock junior O&G company had even the remotest plans to explore that it would be big news that would be pumped all over the internet and beyond long before now.

Nobody knows where Pat gets his information from....

Posted by: Chadermando on July 10 2005 7:35 AM

Also the new pipeline through the Nechako basin by Enbridge is an oil pipeline and they have no plans for a gas pipeline. They are looking to transport oil sands oil to the coast and maybe the Husky refinery in PG.

The potential Taresan pipeline in the region is also an oil pipeline for oil sands to the coast, but will likely not go ahead now that Enbridge is doing the Gateway pipeline.

Again there has been no public exploration drilling for oil in the Nechako basin.

If there was gas in the Nechako basin there would be a gas pipeline and exploration that proceeds the pipeline.

Time Will Tell

Posted by: gypsy on July 10 2005 7:40 AM

Is Bell going to have "egg all over his face" or will we eventually see some evidence of truth in his predictions. He may be "kissing up to the blarney stone" a bit too often, and I sure would like to see some evidence that the man spoke the truth. If it is so, would one not think the government would be anxious to have drilling take place, and show the people in the province this politician can back up his claims!!! What is the hold up????? Where are the drilling rigs?? Has anybody seen even ONE??? If Bell knew and could back up his statements of this new found wealth surfacing, why was he not left in the previous portfolio? Is the Government hoping we will forget his many claims??
I, also, am experiencing a difficult time maintaining any belief in Pat Bell's statements. I would like nothing better than for him to disclose where all this drilling is taking place, and what the results are.
And the truth shall rise from the ground!!

Posted by: spanky on July 10 2005 12:24 PM

IMO, pat doesn't even need to deliver. Every idiot for a hundred miles already believes it is fact. Prince George would take the cake in a civic "wishful thinking" contest. Someone starts a pathetic rumour and like i say every idiot is off and running believing it as fact. Pat, need not to worry dude, by the time you reneg on this one these fools will be onto the next great rumour.

itelligent, quit witted, entertaining, current, you neame it, heck maybe SPANKY should take the show to city hall this fall.....hmmm....

Posted by: gypsy on July 11 2005 7:36 AM

Pat is now "peddling a lot of Bull" to the public. He is really something else, but not printable. He is a politician through and through, and when one sees a decent man like Cadman leaving this world so young, one almost has to believe evil is alive and well in this world. I do not hear any accolades directed in Pat Bells direction, and is it any wonder???? Why does he not follow through on anything???He must think we are all a bunch of ignorant clods!!!! I am wondering, "is it not so?"
Where are the Ray Willistons?? Where have all the good men gone????