OFFSHORE PROJECTS

Petroleum production offshore Nova Scotia has included three projects:

• The Cohasset-Panuke project produced oil from 1992-1999 and is now decommissioned. Project operators were Pan Canadian (now EnCana), and Lasmo.



• The Sable Offshore Energy Project, operated by Exxon Mobil and partners, which has been producing gas since 1999.



• The Deep Panuke Offshore Gas Development Project, operated by EnCana Corporation and partners, which is currently under development and expecting first gas in 2010.