Petrobank's Princeton Coalbed Methane Project

Synopsis

Petrobank and two other companies own coalbed methane rights in the Princeton Coalfield. From 2001 on, residents of Princeton, the surrounding area, and farmers (many organic) downstream on the Similkameen River have objected to coalbed methane development in the coalfield. The company drilled one well in 2005, and a second was postponed because of local protest in 2008. In 2011, Petrobank announced it was abandoning the project.

Category Energy

Type Coalbed Methane

Prov BC

Region Southern Interior

Posted 19Sep09

Updated 01Feb12

Status Cancelled

Resolution

In July 2011, Petrobank abandoned the project. Source

Contacts

LOCAL
COMMUNITY

Save Our Similkameen, saveoursimilkameen.org

Brad Hope, Director, Okanagan Similkameen Regional District, bhope(at)nethop.net

PROPONENT

Petrobank Energy and Resources, ir(at)petrobank.com, www.petrobank.com, 403-750-4400

More information

Location