Shale gas discussion continues at N.B. mining and gas conference

17 12 2014

Laura-Brown By Laura Brown

Video Journalist Global News

FREDERICTON, N.B. – The future of shale gas in New Brunswick was top of mind among many companies, scientists and researchers at the 2014 Exploration, Mining and Petroleum conference held in Fredericton this week.

But the conference’s platinum sponsor, natural gas development company SWN Resources, decided against attending. The company’s work has been subject to ongoing protest by opponents of shale gas development in the province.
“We’re an active player in the province, we want to keep working in the province so you know, we felt it was important for us to be here. They made their own choice, but we’re here to do more work,” said Steve Moran,CEO of Corridor Resources, another natural gas company who sponsored the event.

Corridor has about 30 wells drilled in the Sussex area. Many of them are vertical wells but about five are horizontally drilled. They are all fracked for natural gas.

But there is a question of what happens if the government keeps to their promise of a moratorium.

READ MORE: N.B. Liberals clarify definition of shale gas moratorium

“Of course we’re a little bit worried over the short-term, but over the long-term we’re not as concerned,” Moran said. “We think government officials understand the potential of the resource here. We think that once they’ve addressed their issues in terms of health and safety that they’ll come around.”

Meanwhile, some attending the conference feel companies should be allowed to continue exploring.

“We cannot afford not to,” said David Paul, President of Aboriginal Resources Consultants. “Forty per cent of our provincial budget comes from province’s that have. They’re not going to put up with that for too much longer I think.”

Paul’s company helps bridge the gap between aboriginal communities, government and resource companies. He says he’s for “responsible development.”

“We have to determine what we have. I believe that our wealth is in the ground. I believe that the success for the province is in the ground. So we have to be able to determine what’s there. And that requires testing,” he said.

SWN announced earlier this year they hope to drill four test wells next year that will help determine the location of shale gas deposits in Queens and Kent counties.

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One response

17 12 2014
Douglas Newman

The state of New York has just announced that fracking in That state is just not healthy. It will, therefore, not be allowed to continue within the state. I think with an announcement such as this one, we can surely expect to see many more states, and it Canada, provinces, coming to the same conclusion.

If the bankers are having second thoughts on fracking, and the majority of The People are against it, how can Harper’s O&G Corp. cabal force such an onerous proposition upon us? He would have to be deemed to be completely mad to do so.

Power to The People! Solidarity gets it done, folks!

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