Funding Failure Halts Offshore Methane Drilling Project in Nova Scotia
The sole successful bidder for offshore methane drilling rights in Nova Scotia has failed to secure the necessary funding, effectively halting the project for now.
The only successful bidder interested in drilling for methane, also known as natural gas, offshore Nova Scotia has failed to come up with the money required for the project. 
This lack of funding has effectively dashed hopes for offshore drilling in the region for now. The development was reported by Jennifer Henderson of the Halifax Examiner and covered by CBC News.