That chart is typical for most oil exploration projects around the world but with one huge exception. Every basin suffered a drop in investment starting in 14/15, from offshore Africa to US shale, but you know what happened in 16/17 onwards? It started to go back up, everywhere except for here for the obvious reasons. So it looks like it was purely due to the global price crash in totality when really just the drop, the continued flatlining is due to how ridiculous our country is with building pipelines. Is that the NDPs fault? Maybe a little, most of the blame rests with our benevolent job protecting federal government.
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