Happy New Year folks.
Well as we all remain fixated on BTAs for Magnolia, it's worth keeping an eye what's happening north of the border ...
LNG's website has now been updated with the disclosure that the 62.5 kms pipeline spur running from Goldboro to BH has been packaged as the (only for now) asset of
Bear Paw Corporation. There's also plenty more summarising the progress to date and events likely to unfold in 2016 under the asset menu on the parent website.
What caught my attention is ... "approximately 50% (of the planned pipeline route) ... is provincial crown land" ... and .... "to the extent feasible the Bear Paw pipeline corridor generally parallels the existing Maritimes and Northeast (M&NP) Point Tupper Lateral natural gas pipeline and the Sable Offshore Energy Inc. natural gas liquids pipeline".
And as we know, BH plans have been favourably received by the local & regional authorities incl.
http://www.lnglimited.com.au/irm/content/bear-paw-pipeline1.aspx?RID=453&RID=452
http://www.lnglimited.com.au/irm/content/project-description3.aspx?RID=456
http://www.lnglimited.com.au/irm/content/regulatory-review.aspx?RID=457
http://www.lnglimited.com.au/irm/content/landowner-information.aspx?RID=458
And while you're at it, check out the leadership & management tabs, bios of recent hires now added.
Cam't imagine why such industry experts (some of whom have 35+ years experience), could possibly want to get involved with such a dubious technology. Of course, just IMHO.
Go BH!
Go Bear Paw!
