No Drilling Yet For Oil In Nechako Basin
By 250 News
Prince George, BC. - The Minister of Energy, Mines and Petroleum, Richard Neufeld, says no exploration permits have yet been issued for any exploratory drilling for gas or oil in the Nechako basin of BC.
Neufeld, speaking to Opinion 250 following the Minerals conference in Smithers, says the province has upped the anti by introducing more incentives to encourage some drilling to take place.
Even with increased incentives, Neufeld says it is difficult to spark interest "I have said in the past and I continue to say, that it is very tough to get someone to come down into the Nechako Basin area and begin drilling on a spec basis when they know they can hit producing wells in the Northern part of the province."
With oil topping $110 dollars U.S. a barrel ($116.00 U.S. on Friday) Neufeld says, "There is little reason to take a shot in the dark, but we in government continue to hope that we will get a taker."
Previous Story - Next Story
Return to Home
Granted the PG area is further away from the border but please don't think that the oil industry will be some big savior without giving up the environment.