The banning of high-level onshore hydraulic fracturing by the Liberal government of Nova Scotia shouldn’t pose problems for companies wishing to explore, develop and frack natural gas wells in the province.
“The one they are proposing to ban is high-volume, which is 20,000 wells or more,” said Marco Navarro-Genie, president and CEO of the Atlantic Institute for Market Studies (AIMS).
Navarro-Genie was discussing the hydraulic fracturing of natural gas wells during a breakfast speech Friday morning at the Eaton Lobster Factory Hall in Pugwash.
He said low-volume fracking is 4,000 wells and mid-volume is 12,000 wells.
Click here to read this interview in the Citizen Record and the Daily Business Buzz!