Last January, Shell Canada plunkeddown nearly $1 billion for the right to explore areas of Nova Scotia's seafloor, making this scribe surmise that it believes Bluenose Country still has a vast amount of hydrocarbon resources left for extraction. The province -known primarily for natural gas production, fisheries, tourism, apple orchards and agriculture-this time stands a decent chance of experiencingone or more oil discoveries comparable to Newfoundland and Labrador's massive Hibernia, especially if other hydrocarbon companies follow Shell's lead.Throughout the history of Nova Scotia's hydrocarbon industry, activity directed at crude oil production has been modest at best, but that might change. The $970 million Shell spent covers exploration licences for four deepwater land parcels located about 200 kilometres off Nova Scotia's southwestern shores.
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