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N.S. hopes to boost offshore oil exploration with $12 million for research


HALIFAX¬†– Nova Scotia’s government will invest $11.8 million on geoscience research over the next four years to encourage offshore oil exploration.

Energy Minister Geoff MacLellan announced the investment today. The exploration program collects core samples and makes maps of the ocean bottom and sub-bottom.

The program is also working to recreate seismic images from 200 million years ago when Nova Scotia and Morocco separated.

The work is done in collaboration between the Geological Survey of Canada, Genome Atlantic and two universities.

The province says it will share the research with the industry to encourage petroleum exploration investment.

Copyright (c) 2018 The Canadian Press