Oils extracted from conifer boughs are a potential new resource opportunity in coastal British Columbia. Cortex developed models and methods for identifying the potential of the conifer oil resource on portions of the traditional territories of three coastal First Nations (Heiltsuk, Haisla, and Haida). We updated forest inventory data for each study area and estimated biomass and confer oil volumes. Through application of a forest estate model we were able to project harvesting and transportation costs associated with obtaining the bough material necessary for production of conifer oils. Using inventory and cost estimates, along with pricing data provided by the client, we calculated the net revenue by forest stand that was available from conifer oils. These analyses were run for four different scenarios from pessimistic to optimistic, providing each First Nation with the necessary information to assess the risk and opportunity associated with conifer oil production across their land base.