2008-07-08

Oil and gas survey to take off

A $2.5 million survey to collect seismic data on the potential of oil and gas deposits south of Prince George in the Nechako basin is going to be undertaken, Geoscience B.C. said Monday.

The seismic survey is the first in the area since a program was carried out in the early 1980s by Canadian Hunter.

Geoscience B.C. -- which was seeded by $20 million from the provincial government -- has initiated a number of programs to increase the knowledge of the petroleum and mining potential in north and central B.C. The region is the heart of the mountain pine beetle epidemic and is forecast to see a drop in forestry jobs in the wake of the timber supply decrease from the epidemic.