1. Nova Scotia – “The Next Play”
APPEX 2008
Kim Doane
Manager, Petroleum Resources
March 6, 2008
Nova Scotia Dept. of Energy
Suite Bank of Montreal Bldg.
5151 George Street
P.O. Box 2664
Halifax, N.S.,B3J 3P7
phone: (902)
Website:

2. Rebuilding for 2008 and beyond
Offshore - Agenda
#1 Geoscience Opportunities
- Put new geological ideas in front of both current and potential investors
#2 Policy Initiatives
- Implement new upstream policies that harness the industry’s drive to secure a competitive advantage
#3 Regulatory Improvements
- Aggressively pursue regulatory efficiency
#4 Promotion
- Continue to aggressively promote our potential to new investors

4. Geoscience Opportunities
Projects
Gap Analysis Report
- New geological ideas
Government Data
- Information available for the Call
Data Management Center (
- Digital Data, core storage, scanned reports

5. Policy Initiatives Projects Access to Infrastructure
- Encourage Code of Practice
Rights Issuance
- Information on new flexibility available for current Call NS07-1
Digital Data Availability
- Seismic, wells, etc.

6. Regulatory Improvements
Projects
Deep Panuke Approval
9 month approval vs. 30 months on previous project
FORRI (Frontier Canada)
goal-oriented regulations
Flexibility for testing
- First wildcat wells – no requirement to test

7. Promotion Projects Economic Model Available
- Ideal for small field development economics
World Oil Publication
Available at the booth
Call NS07-1
- Closes June 30, 2008

8. Building Momentum Onshore - Agenda #1 Current Activity
- Conventional, coalbed methane and shale gas
#2 Coalbed Methane Project
- Phased development
#3 Regulatory Improvements
- New drilling & production regs.
#4 Conventional Call
- Call NS08-1 closed March 3, 2008

10. Current Activity Status Conventional & Coalbed Methane Agreements
- 6 Conventional agreements and 3 CBM agreements
Shale Gas
- New focus
Farm In activity
- New players with different ideas

11. Coalbed Methane Stealth Ventures Commercial viability
- De-watering and testing
Phased Production Agreement
- 10 years (3/3/4)
Community Involvement
- Multi-stakeholder Advisory Committee

12. Policy Initiatives DRAFT Plans Updating old legislation
Energy Act, New Regs – P&C Regs.
Industry involvement in new legislative changes
Streamlining processes
- Call process, authorizations, new guidelines, letters to operator’s
Better Regulatory Initiative
- Reducing regulatory burden

13. Conventional Call NS08-1 Acreage opportunities Closed March 3, 2008
Watch website for upcoming calls
Data Availability
contact Department
Large Block Size
- 188,937 ha

14. Come see us to discuss these opportunities
Thank you
Come see us to discuss these opportunities
Visit us at Booth #35