Journey to Hebron and Other Atlantic Canadian Projects

Five Offshore Projects Currently in Production:
- NS: Deep Panuke and Sable (natural gas)
- NL: Hibernia, Terra Nova, and White Rose (oil)
- Hebron Project Offshore Nl Under Development
- Current NB Onshore Projects:
- 1 exploration program
- 2 production programs (oil and natural gas)
Economic Benefit’s of Oil and Gas Activity in Atlantic Canada
- Employs over 6,000 people (thousands more indirectly)
- Supports over 800 local supply and service companies
- Cumulative expenditures since 1996:
- Over $31 billion in NL
- Over $8 billion in NS
- Over $1.8 billion in royalties have been paid to the
- Government of NS since 1996; supports infrastructure and helps pay for social programs
- Over $2 billion will be spent on offshore exploration in NS in the coming years
NL - Newfoundland And Labrador
NS - Nova Scotia
NB - New Brunswick
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