Goldenkey Oil Goes Public With Plans To Explore For Oil Within City Limits: B93.3 FM : Lethbridge's #1 Hit Music Station : Lethbridge News, Alberta
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Goldenkey Oil Goes Public With Plans To Explore For Oil Within City Limits

 
 

LETHBRIDGE - Goldenkey Oil has started the public consultation phase of their project to explore for oil within city limits.

 

The Penny Project would include two surface wells in west Lethbridge with a total of three underground wells at a depth of 1,700 meters.

 

Representative Tim Robillard says the impact on the land would "be minimal up until the point when the city and/or developers come together and actually put something in front of the city to develop that land. The nearest development we see is slated for 2050 on the municipal development plan and discussions remain ongoing with the city. There is something on the table that we're talking about that allows us to get out of the way if that goes through."

 

Goldenkey is looking at a single stage frac for this project. Robillard says that "means it is a one time event for each well, not a multi-stage hydraulic fracture that you will see on very long horizontal legs. There are no horizontal legs for these wells, they are solely directional wells with a single stage hydraulic fracture."

 

Robillard adds "we're aware of proximity concerns, we're aware of safety concerns, we're aware of other health related concerns, environmental concerns. What we've done is started some mitigations and some planning around meeting the interest inside of those concerns." He points to setbacks to limit development in and around such a facility, as well as the creation of a site specific emergency response plan when it's not required for this project.

 

Goldenkey will continue with the public consultation process, which will include an open house later in October, and plans to file an application with the Alberta Energy Regulator late this year or early next.



Posted on Thursday, October 03, 2013 at 4/23/2014 2:13:58 PM
Source: Tristan Tuckett - Country 95 News
 
 
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