News Releases 2006

Hibernia Development Plan Amendment Released

For Immediate Release
June 28, 2006

The Canada Newfoundland and Labrador Offshore Petroleum Board has received the “Hibernia Development Plan Update, May 2006” from the Hibernia Management and Development Company and has released it for public examination and comment.

The initial application was received by the Board on May 17. The Board performed a Completeness Review and requested additional information. This information was received on June 15. The Board now considers the document to be a completed Development Plan Amendment Application and has commenced the assessment process.

The Board’s initial review of this document has determined that it constitutes an amendment to the Hibernia Development Plan in accordance with Section 6 (a)(iii) of the “Newfoundland Offshore Area Petroleum Production and Conservation Regulations” , which states that a “reservoir depletion scheme that differs from the one set out in the approved development plan” will require a development plan amendment.

The application is available on the Board’s web site at www.cnlopb.nl.ca or by contacting the Board at the address below.

Comments will be received by the Board until July 31, 2006, and will be available for general viewing on the C-NLOPB web site. Interested persons may submit their comments to:

Hibernia Development Plan Amendment Comments
Canada-Newfoundland and Labrador Offshore Petroleum Board
5th floor, TD Place
140 Water St., St. John’s, NL
A1C 6H6
709-778-1400

The Board will consider all comments received from the public together with the results of its own internal assessment in arriving at a decision on the Application.

Media Inquiries:
Edsel Bonnell
Public Relations
(709) 778-1418


News Releases 2006

DateUpdate
2006, Dec 15Opportunity For Comment White Rose Production Volume Increase Development Plan Amendment
2006, Dec 15White Rose Development Plan Amendment
2006, Dec 15White Rose Development Plan Amendment
2006, Dec 12006 Land Sale Completed
2006, Nov 162006 Land Sale ResultsCall for Bids NL06-1 & Call for Bids NL06-3
2006, Sep 6Draft Strategic Environmental Assessment Report Sydney Basin Area – Newfoundland & Labrador Offshore Area
2006, Jun 29C-NLOPB ANNUAL REPORT RELEASED
2006, Jun 28Hibernia Development Plan Amendment Released
2006, Jun 1C-NLOPB REVISES RESERVES/RESOURCES ESTIMATES FOR HIBERNIA FIELD AND HEBRON COMPLEX
2006, Mar 222006 CALLS FOR BIDS
2006, Jan 5C-NLOPB is 20 Friday