N.S. premier says decision on fracking bidders is 'pretty imminent'
Nova Scotia Premier Tim Houston thinks a decision on the next step of a process that could lead to exploratory drilling for onshore natural gas in the province is “pretty imminent.”
https://www.cbc.ca/news/canada/nova-scotia/tim-houston-fracking-onshore-natural-gas-exploration-dalhousie-university-9.7199255?cmp=rssKorea National Oil Corporation has deemed the Daewang Whale offshore gas project economically unviable after drilling revealed only 6% gas saturation, far below expectations, raising questions over the project's future and prompting calls for further investigation.
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Development Budget Increased, but Korea National Oil Corp. Rates 'Daewang Whale' Project as 'Very Low' in Economic Viability
Korea National Oil Corporation has deemed the Daewang Whale offshore gas project economically unviable after drilling revealed only 6% gas saturation, far below expectations, raising questions over the project's future and prompting calls for further investigation.
Presidential Office - 'Daewang Whale Project Not a Complete Failure... Further Exploration Needed for Remaining Structures'
Presidential Office defends Daewang Whale gas project, emphasizing need for continued exploration despite initial economic viability concerns
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