Hon. W. G. Dinsdale (Minister of Northern Affairs and National Resources):
I am happy to announce, Mr. Speaker, some significant developments with respect to the discovery by Imperial Oil Company Limited of a gas well in the Arrowhead river area of the Northwest Territories. This well has now been tested and has established an absolute open flow potential of 24 million cubic feet per day. There is every reason to believe that when it goes into actual production the sustained flow will be approximately one third of the absolute open flow, depending on the engineering.
It is anticipated that six more exploratory wells will be drilled during the present season in this general area. If similar success is achieved, as there is good reason to expect, it should not be long before there is an economic basis for pipe line facilities to carry the production of gas wells in this area to market.
I might add, Mr. Speaker, that because of the geological evidence of substantial resource potential in the general area in which the well lies, there is provided in the estimates of my department for this year the sum of $100,000 for a location survey for a development road to open up the area and encourage its early development.
Subtopic: NORTHWEST TERRITORIES
Sub-subtopic: WELL IN ARROWHEAD RIVER AREA