big bounce due?, page-11

Friday, September 28, 2012
By Richard Fidler

the new natural resources minister, Martine Ouellet, announced an end to shale gas exploration and development in Quebec. “I do not see the day when there will be technologies that will allow their safe development,” she said. Residents of dozens of Quebec communities have been mobilising against shale gas.

As of March, there were 31 wells already drilled, and 18 had been fracked. The shale gas industry, which has spent about $200 million in Quebec, had plans to drill up to 600 wells a year by 2015.