Province of Manitoba | News Releases
Provincial initiatives to spur oil investment include:
· a retail sales tax exemption for drilling and service rigs and other equipment used for oil and gas exploration, and
· a change in the Manitoba Drilling Incentive Program to encourage investment in water-flood projects in which salt water is re-injected into oil pools to increase oil recovery.
The future also looks promising for Sinclair field, Manitoba’s newest and most significant oil field, said Rondeau. Last year 304 wells were drilled in Sinclair. The field now accounts for more than 30 per cent of the province’s total oil production. A new 18-kilometre pipeline now carries more than 7,500 barrels of crude oil per day from the Sinclair field to Cromer where it enters the Enbridge interprovincial pipeline system.
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