QUEBEC - Petrolia Inc. is seeking an injunction against a Quebec government agency to force it to invest in exploratory oil and gas drilling on Anticosti Island.
The Quebec company says Ressources Quebec as well as a private company are not keeping a promise to spend $100 million to finance the work.
Petrolia and Corridor Resources yielded their exploration permits for Anticosti Island in exchange for the investment.
Petrolia says the failure by Ressources Quebec and Saint-Aubin E & P to proceed is jeopardizing the oil-and-gas exploration program and could lead to numerous job losses.
The work on three wells is aimed at determining Anticosti's hydrocarbon potential in terms of quality and volume.
Premier Philippe Couillard has distanced himself in recent months from the project, which was authorized by the previous Parti Quebecois government.
