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British Columbia's Natural Gas Resources Trillions of Cubic Feet Higher Than First Estimated
Mar. 16, 2016 12:41PM PST
Oil and Gas InvestingThe Canadian Press reported that the British Columbia government has stated that natural gas resources in northeastern BC are much higher than first believed.
The Canadian Press reported that the British Columbia government has stated that natural gas resources in northeastern BC are much higher than first believed.
As quoted in the publication:
A report, published by the National Energy Board, focuses on the Liard Basin, a huge region of northeastern B.C., Yukon and Northwest Territories.
According to the report, 848 trillion cubic feet of natural gas lies under B.C.’s portion of the basin, up from the previous estimate of 210 trillion cubic feet.
A Ministry of Natural Gas Development release says that pushes the province’s total natural gas potential above 3,400 trillion cubic feet.
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