Interior Basins Oil and Gas Development Strategy

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Interior Basins Oil and Gas Development Strategy
Presented to the BC Intermontane Workshop
Calgary, Metropolitan Centre February 21st, 2006
Presented by Derek Brown, Executive Director
Resource Development Geoscience Branch, Oil
and Gas Division, MEMPR
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Overview

• Strategy Goals/Objectives
• Benefits
• Linkages to Provincial Initiatives
• Key Elements, Phases, Steps

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The Strategy Aims to

• Establish oil gas development and production in
  the Interior Basins by the year 2015
• Maximize opportunities for economic
  diversification, job creation, community and
  First Nation partnerships in BCs Interior

4
Strategy Objectives

• Assess oil and gas potential
• Stimulate industry activities and investment
• Address First Nations interests
• Maximize local benefits
• Coordinate activities amongst diverse groups

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Geographical Setting
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Desired Benefits of Strategy

• Economic diversification and job creation in
  areas affected by Mountain Pine Beetle
• Expansion of BCs oil and gas industry secure
  energy source
• Opportunity to demonstrate responsible energy
  development
• Strengthened relationship with Communities and
  First Nations
• Training and education

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Links to Government Initiatives
Mountain Pine Beetle Strategy
Northern Trust
Enhanced Energy Plan
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Key Elements of the Strategy

• Petroleum Geoscience Resource Assessment
• First Nations Engagement and Consultation
• Community and Stakeholder Engagement
• Investment Promotion
• Tenuring
• Royalties
• Coordination

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? Petroleum Geoscience Resource Assessment

• Geological mapping
• Seismic survey assessment
• Basin modeling
• Preliminary petroleum resource profiling
• More advanced assessment of resource potential in
  partnership with industry

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? Resource Tenuring

• Develop plans for tenure referral and community
  engagement, First Nation engagement and
  consultation
• Finalize tenure terms with industry and prepare
  for referral
• Tenure referral
• Tenure approval
• Landowner notification
• Tenure disposition

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Key Phases
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Contacts

• Website
• http//www.em.gov.bc.ca/oilandgas
• Petroleum Geoscience
• Vic Levson Director, Petroleum and Aggregate
  Geoscience
• 250-952-0391 Vic.Levson_at_gov.bc.ca
• Fil Ferri Senior Petroleum Geologist
• 250-952-0377 Fil.Ferri_at_gov.bc.ca
• Interior Basins Oil and Gas Development Strategy
  
• Sachie Morii A/Director, Resource Development
• 250-356-9792 Sachie.Morii_at_gov.bc.ca