- Category: Economic
- Published Monday, March 7, 2016
- CTV News
QUEBEC -- Energy company Petrolia says it will meet Wednesday with the Quebec government to discuss oil and gas drilling on Anticosti Island.
Premier Philippe Couillard said last month that it was a "serious error" for the previous Parti Quebecois government to set aside public money towards drilling several exploratory wells on the island located in the Gulf of St. Lawrence.
Petrolia president Alexandre Gagnon has called on Couillard to meet with him as soon as possible to alleviate the "confusion" and "uncertainty" caused by the remarks.
Gagnon has said the company (TSX-V:PEA) has been going through tough times since Couillard began distancing himself from the project last December.
Petrolia has applied for drilling permits ahead of exploratory work that is scheduled to begin this summer.
The government is a financial partner in a joint venture with a mandate to explore a hydrocarbon deposit on Anticosti Island.