Oil and Gas - Off shore

"THE AREA which is described in this paper (Fig. 1) includes the continental margin of eastern Canada extending from the Gulf of Maine to the north edge of the Grand Banks, which, including the continental shelf, slope and rise, comprises an area of about 600,000 square miles. The paper is intended to give a background of the geological setting of this region in the context of its ultimate potential for oil and gas reserves in close proximity to the Nova Scotia energy market.HISTORY OF EXPLORATIONThe history of geological exploration of this area really began in 1878, when U.S. fishing boats brought back samples of rock recovered in trawls from their expeditions to the long-famous fishing banks off Canada's East Coast. Tertiary and Cretaceous fossils recovered from these samples indicated that the eastern Canadian continental shelf was actually the submerged northern extension of the Atlantic Coastal Plain."