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Conventional Previous HitNaturalNext Hit Previous HitGasNext Hit Resources of North Eastern British Columbia, Canada

M. Hayes1, W. Walsh1, C. Adams1, J.A. Davidson2, B.S. Feduniak2, and W.B. Bingham2
1 British Columbia Ministry of Energy, Mines and Petroleum Resources, Victoria, BC
2 National Energy Board, Calgary, AB

The British Columbia Ministry of Energy, Mines and Petroleum Resources (BCMEMPR) and the National Energy Board (NEB) have jointly completed an assessment of conventional Previous HitnaturalNext Hit Previous HitgasNext Hit resources in northeast British Columbia.

The previous NEB assessment was completed in 2000 and was based on data current to 1997. At that time, the size of the resource base in British Columbia's share of the Western Canadian Sedimentary Basin (WCSB), was identified as a key uncertainty that would impact future Previous HitnaturalNext Hit Previous HitgasNext Hit supply.

The British Columbia portion of the WCSB is less developed than Alberta, and in the past decade, has experienced tremendous growth in Previous HitnaturalNext Hit Previous HitgasNext Hit exploration and development drilling. Several new plays have experienced significant exploration success such as the Devonian Slave Point Formation at Ladyfern and the Jean Marie Formation at Greater Sierra. These and other geological plays had not been adequately represented in previous assessments and assist in showing the potential for undiscovered Previous HitnaturalNext Hit Previous HitgasTop resources remaining in British Columbia.

Key results of this new assessment, based on year-end 2003 data, will be presented and will include an overview of methodology and assessment of significant geological plays.