In case you missed it, this week in Halifax also had its share of exciting finds and big announcements– both close to home and on the other side of the world.
The Canada-Nova Scotia Offshore Petroleum Board announced Friday that Shell Canada has won the right to explore four separate offshore deepwater parcels believed to contain significant potential for oil and gas. Shell, with offices in Halifax, has committed to spend $970M over the next six years to explore these parcels, which are located 200 kilometers south of Halifax. The announcement is great news for Halifax’s oil and gas industry, as Shell’s commitment to explore the parcels could eventually pay dividends for both the company and our region.
In other exciting news, Erdene Resource Development Corp., a Halifax junior precious metals company has found encouraging amounts of gold while undertaking exploration in Mongolia. Things have been moving fast for the company: the potential deposits were only identified late last year, but the success so far has everyone, including CEO Peter Akerley, feeling like they may have made a significant discovery. And on top of this big find, the company also received their first royalty cheque for $165,000 after a partner company started commercial production at a property in Georgia.
So in case you missed it, you’re now in the know.
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Mike MacKenzie is the Communications and Marketing Assistant with Greater Halifax Partnership, currently working as a Bachelor of Public Relations co-op student.
A lover of all things communications and strategy related, Mike is often known to spend his free time analyzing the latest-and-greatest PR/advertising campaigns. As a relative newbie to the Halifax scene, he can also be seen strolling the streets of downtown looking for the next cool thing that the city has to offer.