Exploration pace picks up in Canada's Maritimes

09/28/1998
Norman W. MillerCorridor Resources Inc.Halifax Eastern Canada Land Rig Fleet [108,200 bytes] Exploration for oil and natural gas is enjoying a rennaissance onshore in eastern Canada and offshore in the Gulf of St. Lawrence. A number of factors contribute to this emerging scenario. They include new exploration concepts, advancing technology, the improved availability of equipment and services, and the advent of the Sable gas pipeline to carry gas from Sable offshore gas fields through onshore Nova Scotia and New Brunswick to markets in the Canadian Maritime Provinces and New England U.S. Weak oil prices have dampened some of the oil industry's enthus...
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