1. Ministry of Energy, Mines and Petroleum Resources What happens if the Moratoria are Lifted UBCM Offshore Working Group Jean Dragushan Offshore Oil and Gas Division What happens if the Moratoria are Lifted UBCM Offshore Working Group Jean Dragushan Offshore Oil and Gas Division

2. Provincial Moratorium: Offshore Oil and Gas 1982 – Order in Council (OIC) reserved lands offshore to the province and placed a moratorium on oil drilling 1989 – Province announced there would be no drilling for at least five years 1982 – Order in Council (OIC) reserved lands offshore to the province and placed a moratorium on oil drilling 1989 – Province announced there would be no drilling for at least five years

3. Federal Moratorium: Offshore Oil and Gas 1960s – Offshore oil and gas tenures issued 1972 – Federal cabinet policy decision “suspends” these tenures Licence holders have been relieved of the obligation to undertake activities 1960s – Offshore oil and gas tenures issued 1972 – Federal cabinet policy decision “suspends” these tenures Licence holders have been relieved of the obligation to undertake activities

4. Federal Moratorium: Oil Tanker Traffic There is no moratorium on oil tanker traffic in BC waters There is a voluntary exclusion zone that applies to U.S. tankers travelling between Alaska and continental U.S. Oil products are currently transported from the Port of Vancouver and along the coast of BC There is no moratorium on oil tanker traffic in BC waters There is a voluntary exclusion zone that applies to U.S. tankers travelling between Alaska and continental U.S. Oil products are currently transported from the Port of Vancouver and along the coast of BC

5. Lifting the Moratorium: What this means Lifting the moratorium does not mean exploration would begin immediately

6. Lifting the Moratorium: What this means Lifting the moratorium does not mean exploration would begin immediately Lifting the moratorium would allow industry to apply to carry out specific activities Each application would be subject to a rigorous environmental assessment process And before that could happen, a regulatory and management regime would have to be in place Lifting the moratorium does not mean exploration would begin immediately Lifting the moratorium would allow industry to apply to carry out specific activities Each application would be subject to a rigorous environmental assessment process And before that could happen, a regulatory and management regime would have to be in place

7. Estimated Timeline Year 12345678 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 M Negotiate Accord Negotiate with Tenure Holders Implement Accord M M First Nations consultation, capacity building & participation If the moratorium is lifted: Pre-Seismic Studies (Industry Funded) Baseline Studies (Publicly Funded)

8. First Steps Negotiate an Intergovernmental Accord (Pacific Accord?) with the Federal Government and First Nations If the moratorium is lifted:

9. First Steps Collect baseline data Publicly funded Collect baseline data Publicly funded If the moratorium is lifted:

10. First Steps Conduct scientific studies related to an application for seismic surveys industry funded Conduct scientific studies related to an application for seismic surveys industry funded If the moratorium is lifted:

11. First Steps Consultation with First Nations If the moratorium is lifted:

12. First Steps Discussions with Communities If the moratorium is lifted:

13. Potential Industry Development Timeline If the moratorium is lifted: