Yukon: Eagle Plain resource study gets funds

March 9, 2011
The Canadian Northern Economic Development Agency will study the feasibility of Canada’s Yukon to develop and benefit from the territory’s energy resources.

By OGJ editors
HOUSTON, Mar. 9
– The Canadian Northern Economic Development Agency will study the feasibility of Canada’s Yukon to develop and benefit from the territory’s energy resources.

The 2-year, $300,000 study will assess the viability of future oil and gas development in the Eagle Plain region of northern Yukon.

Funding is being provided to Vuntut Gwitchin LP, the lead on the project on behalf of the North Yukon Economic Partnership. NYEP includes the four First Nations of Vuntut Gwitchin, Tr’ondek Hwech’in, Nacho Nyak Dun, and Gwitch’in Tribal Council.

Officials said the four northern First Nations seek affordable, greener, locally produced energy for developments such as mining and want to foster natural gas development.