More Dollars for Gas and Oil Research
By 250 News
Monday, April 21, 2008 03:08 PM
The allocations for the $12 million dollars the Province promised in the latest budget for mineral and oil and gas research have been announced.
Geoscience BC will be getting $5.7 million for projects to enhance the exploration and development of oil and gas.
The money will be used for projects such as regional airborne geophysical surveys with a focus on the Horn River Basin, in thenorth east part of B.C. , one of the hottest areas in oil and gas rights sales.
The money is the second announcement in 4 days, as the Premier announced on Friday $6.3 million for Geoscience B.C. to carry out mineral data collection projects for the region west of Prince George to Terrace and Kitimat.
In both areas, the research may include surveys involving planes or helicopters.
http://www.opinion250.com/blog/view/9098/1/more+dollars+for+gas+and+oil+...
