one huge point people are missing here is companies are going to BC because there are more profitable wells. This was going to happen regardless of royalties. The advances in drilling technology have made drilling in BC a profitable venture where in Alberta it is clearly less profitable because of the quality of wells. Chevron got out of ALberta 5 years ago because of the quality of wells and the mature resources.
BC is largely untouched and has vast reserves, especially in natural gas. The companies will always blame the govt but the truth is they know it is more profitable in BC because of the quality of the wells being drilled
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