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September Update
Budget 2005
CONTENTS
• Message from the Minister and Accountability Statement  
• Message from the Minister of State for Mining and Accountability Statement  
• Ministry Overview and Core Business Areas  
• Resource Summary  
• Strategic Context  
• Goals, Objectives, Strategies and Results  
• Related Initiatives and Planning Processes  
       
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Ministry of Energy, Mines and Petroleum Resources  

September Update
Budget 2005 Home
  
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Resource Summary

Core Business Areas 2004/05 Restated
Estimates1		 2005/06
Estimates		 2006/07
Plan		 2007/08
Plan
Operating Expenses ($000)
Oil and Gas 15,170 11,9372 9,4872 9,487
Offshore Oil and Gas 4,300 4,252 4,252 4,252
Mining and Minerals 7,868 13,2823 13,282 13,282
Electricity and Alternative Energy 1,134 1,4824 1,5754 1,570
Executive and Support Services 4,313 9,9715 10,001 7,891
Contracts and Funding Arrangements6 26,560 31,560 33,560 33,560
Total 59,345 72,484 72,157 70,042
Full-time Equivalents (Direct FTEs)
Oil and Gas 78 79 79 79
Offshore Oil and Gas 12 12 12 12
Mining and Minerals 93 111 111 111
Electricity and Alternative Energy 12 13 14 14
Executive and Support Services 47 54 54 54
Total 242 269 270 270
Ministry Capital Expenditures (Energy, Mines and Petroleum Resources) ($000)
Oil and Gas 471 275 575 175
Mining and Minerals 1,026 865 550 550
Electricity and Alternative Energy 0 6 7 8
Executive and Support Services 310 310 256 207
Total 1,807 1,456 1,388 940
Other Financing Transactions ($000)
Oil and Gas Commission Act
Receipts 24,600 26,220 27,381 28,184
Disbursements 24,600 26,220 27,381 28,184
Total Net Cash Source (Requirements) 0 0 0 0
1  These amounts have been restated, for comparative purposes only, to be consistent with the presentation of the September Update 2005 Estimates 2005/06. Schedule A of the Estimates, presents a detailed reconciliation.
2  Budget reduction represents completion of specific projects.
3  Budget increase represents new expenditures for geoscience, health and safety and to meet increased levels of activity in the mining and minerals sector. Includes the Titles Division budget that resources the coal and mineral titles program and the oil and gas titles program.
4  Budget increase represents a transfer of budget from Land and Water BC to administer land-based Independent Power Project operational policy and tenure.
5  Budget increase represents new expenditures for Community Engagement Strategy and for Treaty 8 negotiations.
6  Contracts and Funding Arrangements includes: An annual payment for three years to reflect the province's obligations under the Vancouver Island Gas Pipeline Agreement; revenue sharing agreements. Operating expenditures totaling $2M associated with the Columbia Basin Trust have been transferred to the Ministry of Economic Development.
     
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