Giving hope a chance 08/15/2010
Chevron succeeds in Beaufort bid, confident region ripe for major discoveries
The Canadian section in the Beaufort Sea is making a rapid comeback as an exploration frontier after stagnating for most of the last two decades, giving added hope to those who cling to hope of eventu...

Imperial-Exxon, BP form JV for Canadian Beaufort exploration 08/08/2010
A major ownership shift has occurred in nascent exploration in the Canadian Beaufort Sea, with word that sister companies Imperial Oil and ExxonMobil have formed a joint venture with BP to continue wo...

Canadian Beaufort up for bids 02/10/2008
The Canadian government has reloaded the trap to see if it can repeat last year's success when it lured Imperial Oil and ExxonMobil Canada to the Beaufort Sea with one of the region's largest work com...

Prentice clearing regulatory jungle 10/28/2007
Canada industry minister says will establish Major Projects Office, unravel regulatory tangle that has impeded resource projects
Canada Industry Minister Jim Prentice says he will deliver where others have failed and unravel the regulatory tangle that has choked off major resource and mining projects. He said the federal govern...

Beaufort find is oil, not gas 10/21/2007
Devon Canada gas hunt yields oil; company seeks partners; oil poses challenges
Devon Canada has posted the first oil find in the Canadian Beaufort Sea in 25 years - a twist of fortune for the company which had been hoping for trillions of cubic feet of gas to spur progress on th...

Canadian Beaufort bids hailed by NWT Industry Minister Bell 08/12/2007
Northwest Territories Industry Minister Brendan Bell takes the staggering Beaufort Sea land bid by Imperial Oil and ExxonMobil Canada "at face value as a genuine commitment" to extend Canada's Arctic...

Imperial, Exxon create Arctic buzz 07/29/2007
Make unprecedented bid for 508,000-acre Beaufort Sea exploration block, but won't say what they have in mind other than insisting it's 'separate and independent' from Mackenzie gas line
In straight dollar terms, it's a breathtaking vote of confidence in the oil and gas future of the Canadian Arctic. Even a federal official who manages Canada's northern bidding process was caught off...

Looking for Arctic partners 06/18/2006
Devon, Chevron-BP JV hopes to continue Mackenzie Delta-Beaufort exploration
Changes are afoot in Canada's northern regions, with two key operators inviting new partners to join them in exploring the Mackenzie Delta and Beaufort Sea. Both Devon and a Chevron-BP joint venture s...

Beaufort beckons; majors bid C$52 million 05/14/2006
EnCana partnership acquires offshore exploration license adjacent to Richard's Island wells; Shell Canada dips into offshore
Regardless of uncertainties surrounding the Mackenzie Gas Project, which holds the key to getting any gas out of the Mackenzie Delta-Beaufort Sea, Canada's northern exploration prospects are attractin...

Canadian Beaufort drilling hangs in balance 03/19/2006
Devon Canada to evaluate first well since 1989, watch business environment, see Mackenzie progress before moving to second well
One down ... three more to go? The first wildcat in Canada's Beaufort Sea has been completed and is now being tested but whether three more wells will be drilled over the next three winters hangs on s...

Devon on the brink of reviving Beaufort drilling 09/25/2005
But tensions build over access to Mackenzie gas pipeline by independent explorers
All Devon Canada needs now is an Arctic freeze-up to spud the first exploratory well since 1989 in the Canadian Beaufort Sea, in hopes of extending gas supplies for a Mackenzie Valley pipeline. It emb...