CE1 0.00% 0.9¢ calima energy limited

Ann: Montney Gas and Condensate Re-testing Program to Commence, page-33

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  1. 1,579 Posts.
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    https://boereport.com/2023/01/18/canadian-province-and-first-nations-reach-montney-shale-play-deal/

    its a mess down their in blueberry land...better to be outside like ce1

    The deal includes a new planning regime for future oil and gas development, an annual 750-hectare (1853-acre) cap on new land that oil and gas activity can disturb and protection from resource development for more than 650,000 hectares of land that is highly valued by Blueberry River.

    There is no limit on oil and gas production or activity on land that has already been disturbed.

    B.C. Premier David Eby said the oil and gas industry will need to innovate to find ways to work with less land.29dk2902l

    “It’s not a cap on production, it’s a cap on land disturbance,” he added.


    “It is our expectation that the necessary work can now proceed to ensure that the gas Petronas Canada delivers to the LNG Canada project is responsibly produced right here in B.C., benefiting the entire province and country,” said Ismail, whose company holds a stake in the LNG export terminal.

    The oil and gas industry still wants more clarity on how the 750 hectares of land available for new activity will be allocated, but generally the deal is cause for cautious optimism, said Tristan Goodman, president of the Explorers and Producers Association of Canada.


    Last edited by retorn123: 19/01/23
 
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