Offshore Research Gets Boost from Pengrowth-Nova Scotia Grant

A Dalhousie University master's student is working on new technologies to find oil and gas off the coast of Nova Scotia with help from the Pengrowth-Nova Scotia Energy Innovation Grant.

Darragh O'Connor has won this year's grant for his research examining elements of specific sediments that make up the Mesozoic basins off Nova Scotia. His research will allow past reservoirs to be re-examined and help judge the potential of current ones.

"This grant will allow me to contribute to Nova Scotia's offshore energy industry by using innovative technologies to help identify potential hydrocarbon reservoirs," said Mr. O'Connor.

"It is important to government to support the research and education of our province's students," said Energy Minister Charlie Parker. "The research funded by the Energy Innovation Grant will provide unique industry opportunities that will continue to develop Nova Scotia's growing energy sector."

The Pengrowth-Nova Scotia Energy Innovation Grant was established in 2005, as part of the Pengrowth-Nova Scotia Energy Scholarship program. It was originally the Pengrowth-Nova Scotia Petroleum Innovation Grant, but was renamed in October to reflect its support of Nova Scotia offshore, onshore and renewable energy sectors.

Up to four grants, valued at $15,000, may be awarded each year to students pursuing a master's degree in energy-related studies at a Nova Scotia university.

The deadline for the 2012 Pengrowth-Nova Scotia Energy Innovation Grant is Jan. 20. For more information, or to apply, visit www.gov.ns.ca/energy .

"Pengrowth is proud to partner with the province in furthering the education of Mr. O'Connor," said Jim MacDonald, director of Pengrowth's East Coast operations. "I am confident that this research project will provide a better understanding of new offshore opportunities that will lead to greater success in the province's energy industry."

Pengrowth Energy Corporation, Pengrowth Management Limited and the province of Nova Scotia have invested $3 million in the scholarship program.

Jim Kinnear founded Pengrowth Management Limited in 1982, and Pengrowth Energy Trust (the predecessor to Pengrowth Energy Corporation) in 1988 and is also the Founder, Chairman and CEO of Kinnear Financial Limited.