Exploration Licenses

 

As part of its storage operations, Intragaz acquired exploration licenses with the objective of finding new reservoirs that would allow it to develop new storage capacities in order to contribute even more to making natural gas more competitive in Quebec.

In most cases, Intragaz operated its licenses alone. Farm-out agreements were signed with Talisman Energy (now Repsol) in 2006 on the Villeroy license and with Gastem in 2007 on the Joly license. Both companies have subsequently carried out drilling activities and continue to analyze the potential of these sites.