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Gastem Inc GTMIF

Gastem Inc is a Quebec-based oil and gas exploration and development company. Its main focus is to develop commercial production of the Utica Shale formations in Quebec and New York State as well as exploring the world-class potential conventional structures of the Magdalen Islands and the Magdalen Basin in Quebec. The company's operations include Yamaska Property, St Jean Block, Joly Property, US Appalachia, and the Gulf of St Lawrence.


GREY:GTMIF - Post by User

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Post by earlybird_787on Aug 28, 2011 3:37pm
314 Views
Post# 18987551

Gastem to convince the Islanders

Gastem to convince the IslandersGoogle Translation:

August 26, 2011

Gastem met with residents of the Magdalen Islands to convince them of its drilling project, which aims to find natural gas in the basement of the archipelago.Meetings were held with particular Anglophone Grosse Ile.

The president of Gastem Raymond Savoie, spent two days in the Magdalen Islands to sell his project.This is his second trip in two weeks.

He has visited the offices for rent in Cap-aux-Meules and conducted interviews with prospective employees.

The president of the company wishes to convert to natural gas buses school, the fishing boats, furnaces that heat homes and cars.He recalled that the price of oil in the Islands is $ 1.38."It will continue to rise, he believes.It's expensive!It is transported by ship and distributed by pipeline."He believes in Gastem is able to supply gas at lower cost.

Raymond Savoie also took his time to meet the mayor of Grosse Ile, Rose Elmonde Clarke.She says it has answered all his questions, but "there is still a concern in drinking water."She wants to ensure that all precautions are taken.

Upon returning to the archipelago in early September, the president of Gastem expects to staff, meet other community groups and public meetings to prepare to continue selling its project .

https://www.ilesdelamadeleine.com/fr/newsContent.php?n=3506

Here is the original French text.

Gastem a rencontré les résidants des Îles de la Madeleine afin de les convaincre de son projet de forage, qui vise à trouver du gaz naturel dans le sous-sol de l'archipel. Des rencontres ont notamment eu lieu avec des anglophones de Grosse-Île.

Le président de Gastem, Raymond Savoie, a passé deux jours aux Îles de la Madeleine pour vendre son projet. Il s'agit de son deuxième voyage en deux semaines.

Il a notamment visité des bureaux à louer à Cap-aux-Meules et a conduit des entrevues avec d'éventuels employés.

Le président de l'entreprise souhaite convertir au gaz naturel les autobus scolaires, les bateaux des pêcheurs, les fournaises qui chauffent les maisons et les voitures. Il rappelle que le prix du mazout aux Îles est de 1,38 $. « Il va continuer à augmenter, croit-il. Ça coûte cher! C'est transporté par bateau et distribué par pipeline. » Il estime de Gastem est en mesure de fournir du gaz à moindre coût.

Raymond Savoie a aussi profité de son séjour pour rencontrer la mairesse de Grosse-Île, Rose Elmonde Clarke. Elle affirme que celui-ci a répondu à toutes ses questions, mais « qu'il y a encore une inquiétude au niveau de l'eau potable. » Elle veut s'assurer que toutes les précautions seront prises.

À son retour dans l'archipel au début septembre, le président de Gastem prévoit engager son personnel, rencontrer d'autres groupes communautaires et préparer des assemblées publiques pour continuer à vendre son projet.

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