April 29, 2021
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) is inviting comments on the draft Allowable Expenditure Credit Guideline and Application for Allowable Expenditure Credit Template.
This Guideline and Application Template were developed to standardize the process for assessing and approving allowable expenditures for Interest Owners of Exploration Licences and Significant Discovery Licences.
The implementation of the Guideline and Application template will have the following benefits:
The C-NLOPB is currently seeking comments on the draft Allowable Expenditure Credit Guideline and Application for Allowable Expenditure Credit Template. The deadline for comments is May 27, 2021. Comments on this Guideline and Template may be submitted to information@cnlopb.ca.
If you have any questions regarding this consultation, please contact Lesley Rideout at lrideout@cnlopb.ca or 709-725-2900.