Editor, Out of curiosity (and the promise of a free dinner), I attended the “information session” hosted by Imperial Oil in Ulukhaktok the evening of April 29 to discuss their recent application to drill in the Beaufort Sea.
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The official Opposition critic for Northern development Dennis Bevington is fuming after nearly a million hectares of Arctic offshore oil and gas leases in the Beaufort Sea were sold to a British company with just $220 in the bank and a corporate worth of minus $32,000.
READ MOREThe Arctic Ocean is now open to oil exploration and the government of Canada hopes for substantial interest in potential oil reserves off the Arctic coast.
READ MOREThe Northern Journal is an independent newspaper covering news and events in Northern Alberta and across the Northwest Territories.
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