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    Deep Panuke Project reaches another milestone

    Projects and Operations // June 29, 2001
    PanCanadian Petroleum Limited says it has reached a significant milestone in the development of its Deep Panuke natural gas field with the signing of a firm service agreement with Halifax-based Maritimes & Northeast Pipeline (M&NP).

    The agreement allows PanCanadian to transport up to 400 million cubic feet of natural gas per day on the M&NP pipeline for 10 years. The contract is contingent upon a number of factors related to timing, construction of facilities, and regulatory approvals.

    Deep Panuke is located 250km southeast of Halifax, Nova Scotia.

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