Exploration Examples
Ladyfern Gas Field
- Conventional 600 B CF Gas Discovery in 2000
- On platform in Upper Devonian Slave Point Formation (carbonate)
Horn River Gas Field
- Unconventional (≈60 T CF) Gas Discovery in 2004
- In Devonian-Carboniferous Besa River Formation
Liard Gas Field
- Unconventional (≈ 100 T CF) Gas Discovery in 2009
- In Devonian-Carboniferous Besa River Formation (but younger section than at Horn River)
Summary of Learnings/Validation
- Early is better.
- Resilience – significant failure can lead to more significant success.
- Move quickly.
- Understanding your competition – the herd mentality.
- Social license is critical! Listening, seeking creative solutions and acting early are essential.
- Solid exploration proposals combined with company commitment are optimal.
- It all comes down to excellent people… always!