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BC government backs coalbed methane boom with incentives
In Victoria Energy Minister Richard Neufeld announced a reform package to spur coalbed methane development across British Columbia. The plan offers a $50,000 royalty credit for wells drilled in two years, lowers royalties, and aims for about 10 major new developments over the next decade, supported by a task force on wastewater disposal and a shift toward Alberta and US practices.
MENTIONED IN THIS ARTICLE
Paul Willcocks
Sterling News Service
Victoria
Richard Neufeld
Neufeld
Fort St. John
Kootenays
Vancouver Island
Aschroft
Alberta
USS
Canadian Association of Petroleum Producers
U.S
B.C