White Bear Oil and Gas is just one of the major developments to aid in the area of economic development. The oil production is said to be around the 1,700 barrels per day mark. Plans were made to drill 40 new wells in the past year. The priorities of White Bear Oil & Gas are to help their community development, protecting the environment and respecting Aboriginal traditions.
The success in the oil industry is said to be credited to a unique agreement signed with Tri Link Resources Ltd., a Calgary based oil company. This agreement allows Tri Link to drill for oil on the reserve and enables WBOG to take part in the oil production by sharing in the costs and profits and benefitting from the employment opportunities and economic spinoffs.
White Bear Lake Development Corp.
P.O. Box 520
Ph.: (306) 5774896