Oil and Gas Exploration in Prince Edward Island
Does Prince Edward Island have any natural gas deposits or oil reservoirs?
There are pockets of natural gas deposits under Prince Edward Island, but their exact size and location is unknown because only 20 exploratory wells have been drilled on and around the province.
Where can I find exploratory well data for PEI?
Contact the Energy and Minerals Division for information on the onshore and offshore wells drilled on or around the province. You can get copies of data and reports during regular office hours. Well logs can be released to the public one year after the rig release date for wild cat wells.
How do I apply for a permit to explore oil and natural gas in Prince Edward Island?
Permits are no longer issued on a first-come, first-served basis. A bid will be issued and advertised in the Royal Gazette and other publications. The rest of the process is:
- obtain the bid package, which includes instructions and forms;
- receive a permit from the Province of PEI based on the bids;
- permits are issued for six years onshore and nine years onshore;
- the company that receives the permit, must apply for a well authorization costing $25 before drilling a well, and the company must do the work described in the bid;
- the company must also apply for a rig licence and, prior to drilling, comply with all terms and conditions of the PEI Environmental Protection Act and with applicable labour statutes.
Who can I contact if I have questions about oil and gas exploration?
Energy and Minerals Division
PEI Transportation, Infrastructure and Energy
Telephone: (902) 894-0288
Fax: (902) 894-0290