The President of the Atlantica Centre for Energy says this province needs the right regulations for a potential shale gas industry and a regime for royalties.
John Herron tells CHSJ News there will be no test wells drilled in the province this year.
He says from a commercial perspective there is no shale gas industry in this province today, there won’t be next year and probably not the year after that adding we are a few years out.
When and if shale is found, Herron says this province can become like 24 other jurisdictions in North America by developing their natural gas resources from shale.
