Massive Shale Oil Prospect Discovered in Northwest Territories, Could Increase Demand for Foreign Labour
A new shale oil prospect in the Northwest Territories potentially rivals the Bakken formation under Saskatchewan, Montana and North Dakota in its recoverable oil resources. The Canol shale formation could contain two to three billion barrels of recoverable oil according to David Ramsey, Minister of Industry and Transportation for the Northwest Territories. If the estimates are proven accurate, it would […]
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