Last week, we exclusively reported offshore oil and gas development was on the table when Energy, Mines and Petroleum Resources Minister Rich Neufeld met with Exxon Mobil Corp. executives in Texas. Those executives asked about the status of that development and offered help the provincial government lift the federal moratorium on offshore drilling and exploration. But here's what's odd about that discussion: Exxon Mobil is one of the smallest offshore petroleum leaseholders in British Columbia. Companies such as Shell Canada Inc., Petro-Canada Inc. and Chevron Corp. have a bigger stake in that resource. So why would Exxon Mobil be making such an offer?
April 10, 2007