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Vol. 12, No. 32 Week of August 12, 2007
Providing coverage of Alaska and northern Canada's oil and gas industry


B.C. tests new horizons

Province unveils new ‘net profit royalty program’ to entice operators to tackle CBM, shale gas, tight gas, enhanced oil recovery

Gary Park

For Petroleum News

With its conventional natural gas sector floundering in heavy seas, British Columbia is taking active measures to open up its unconventional resources and remote basins. The provincial government has made a widely anticipated move to introduce a net profit royalty program to stimulate exploration an....

    [additional news subjects in this story]

New royalty of 2% of gross for 10 years

Modeled on Alberta oil sands structure

Industry interest in shale gas strong


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