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Eastern Newfoundland’s 2015 round draws $1.2 billion in bids
http://www.epgeology.com/news-f37/eastern-newfoundland-2015-round-draws-billion-bids-t10386.html
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Author:  NewsPoster [ Fri Nov 13, 2015 8:46 pm ]
Post subject:  Eastern Newfoundland’s 2015 round draws $1.2 billion in bids

OGJ Exploration News

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) received 13 bids totaling $1,204,953,713 for its NL15-01EN, the first call for bids in the Eastern Newfoundland region under the scheduled land tenure system. C-NLOBP offered 11 offshore parcels totaling more than 2.5 million hectares in the Flemish Pass basin. The 13 bids included 9 companies and 7 parcels were awarded during the license round.



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