Corridor Resources Inc. has begun the approval process to drill an exploration well on the Old Harry prospect in the Laurentian Channel, the Halifax, NS-based junior resource company said.
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Quebec Eyes Potential Reserves from Old Harry Prospect
Quebec is working on a plan that would allow it to develop its portion of the Old Harry formation in the Laurentian Channel, which some experts consider one of the largest untapped natural gas and oil reservoirs in Eastern Canada’s offshore.
Quebec Eyes Potential Reserves from Old Harry Prospect
Quebec is working on a plan that would allow it to develop its portion of the Old Harry formation in the Laurentian Channel, which may be one of the largest untapped natural gas and oil reservoirs in Eastern Canada’s offshore.
Newfoundland, Nova Scotia Boards Expand Review of Offshore Basin
Newfoundland and Nova Scotia offshore regulators have expanded a draft environmental review of their shared Laurentian sub-basin because of stepped up interest by producers holding leases in the region. The Canada-Newfoundland and Canada-Nova Scotia offshore petroleum boards said the preliminary strategic assessment was a first step toward expected exploration and production.