Energy Conference starts on a positive note

Photo:  Spokesperson with Spectra Energy Transmission John Turner  (far left) gives a  regional update on major pipeline projects in the area. All the major players were in attendance to give a regional update. (left to right) Mike Forgo with Encana, (second from left), Bernie Philip with ARC Resources, Andrew Dahlin with Shell Canada, and Allan Lau with BP Canada Energy. – Christine Rumleskie/Energeticcity.ca

Positive news, and optimistic forecasts, set the tone for this morning’s opening of the Northeast BC Energy Conference in Dawson Creek.

First on today’s agenda were representatives from EnCana, ARC Resources, Shell Canada, BP Canada Energy, and Spectra, who gave regional updates on current and future projects.

EnCana’s Mike Forgo was the first of them, and he began by confirming that EnCana will be going ahead with the company’s division.  As reported a couple of weeks ago, the EnCana Corporation will be splitting into two independent companies.  

One of them will be a natural gas business, known as the EnCana (GasCo).  The other will be an integrated oil company, known as Cenovus Energy Inc.

Forgo, and other presenters, also outlined a fairly new concept called Horizontal Drilling. Most of the companies say they plan to use this type of drilling in the future, instead of vertical drilling.   Forgo says Horizontal drilling will benefit the companies’ profits and the environment, as it will basically mean less wells will need to be drilled.

Still to come, this afternoon’s keynote speech and question and answer period from former MP and Reform Party leader Preston Manning.  The conference continues through tomorrow.

Photo:  Richard Dunn, Regulatory and External Relations Canadian Foothills Division with the Encana Corporation (left), outlines current projects that EnCana is working on, as Bernie Philip from ARC Resources (right) looks on – Christine Rumleskie/Energeticcity.ca