News Releases 2016

C-NLOPB Announces 2016 Calls for Bids

For Immediate Release
April 7, 2016

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued two Calls for Bids in the Eastern Newfoundland and Jeanne d’Arc Regions under the Scheduled Land Tenure Regime in the Canada-Newfoundland and Labrador Offshore Area.

Further detailed information about this Call for Bids is available here.

Interested parties will have until 12:00 p.m. NST on November 9, 2016 to submit sealed bids for the parcels offered in Call for Bids NL16-CFB01 and NL16-CFB02. The sole criterion for selecting a winning bid will be the total amount of money the bidder commits to spend on exploration of the parcel during Period I (the first period of a nine-year licence). The minimum bid for the parcel offered is $10,000,000 in work commitments.

The areas subject to the two Calls for Bids were included in the C-NLOPB’s 2014 Eastern Newfoundland Strategic Environmental Assessment (SEA). The SEA examines the environmental effects which may be associated with a plan, program or policy proposal and allows for the incorporation of environmental considerations at the earliest stages of program planning. SEA involves a broader-scale environmental assessment (EA) that considers the larger ecological setting and consultation with a wide array of stakeholders. A project-specific EA that focuses on site-specific issues must be completed before any work can begin within the licence area.

Offshore safety and environmental protection are paramount in all Board decisions. The C-NLOPB will not approve any offshore petroleum related activity until an Operator demonstrates that it has met all legislative and regulatory requirements and has reduced risks to levels that are as low as reasonably practicable.

Notification of any changes to these Calls for Bids will be posted on the Board's website.

Media and Public Contact:
Sean Kelly M.A., APR, FCPRS
Manager of Public Relations
(709) 778-1418
(709) 689-0713 (cell)

Petroleum Industry Contact:
Craig Rowe
Director of Exploration and Information Resources
(709) 778-1457

News Releases 2016

Date Update
2016, Nov 29
2016, Nov 9
2016, Nov 1
2016, Sept 16
2016, SEP 1
2016, AUG 23
2016, JUL 5
2016, APR 7
2016, JAN 25
2016, JAN 15