HOUSTON (May 7, 2015) – Minister of Industry, Tourism and Investment (ITI) David Ramsay told delegates at the Offshore Technology Conference in Houston this week that the Northwest Territories is looking to talk with socially and environmentally responsible companies willing to work with the Government of the NWT (GNWT) and invest in developing the NWT’s resources, building its economy, unlocking its potential, and getting stranded oil and gas resources to energy markets around the world.

“We offer the next economic frontier and the foundation of sound economic expansion: investment attraction, job creation and future prosperity,” Minister Ramsay said in a panel discussion on North American challenges and opportunities that shape the global energy outlook.

Minister Ramsay’s speech in Houston highlighted the wealth of NWT oil and gas resources that remain untapped.  He also pointed to the NWT’s growing communications, transportation and energy infrastructure needs – and the breadth and value of the potential and opportunity that exist for investors, corporations and even nations interested in partnering and investing in Canada’s North.

Founded in 1969, the Offshore Technology Conference is one of the foremost annual gatherings of energy professionals and investors in the world.

In the new post-devolution environment, the GNWT has greater ownership and authority to promote the potential of the NWT’s resource sector more directly.

By increasing awareness of the resource potential that exists within the NWT, ITI is helping to establish a strong and independent north built on partnerships, a goal of the 17th Legislative Assembly.

Media inquiries:

Drew Williams
Manager, Public Affairs and Communications
Industry, Tourism and Investment
Government of the Northwest Territories
Tel: (867) 920-8696
Email: drew_williams@gov.nt.ca