News Releases 2007

2007 Land Sale Results

For Immediate Release
December 4, 2007

The Canada-Newfoundland and Labrador Offshore Petroleum Board today announced the results of the 2007 Call for Bids NL 07-1 for exploration rights in the Western Region of the Newfoundland and Labrador Offshore Area (see attached land plat). Bidding closed at 4:00 p.m., November 30, 2007.

The C-NLOPB accepted a bid from Corridor Resources Inc. in the amount of $1,521,000 for the parcel which is composed of 51,780 ha.

The Bid represents the expenditure which the bidder commits to make in exploring the parcel during the initial 5-year period of a 9-year term exploration licence.

Subject to Ministerial approval and the bidder satisfying the requirements specified in the Call for Bids, the Board will issue an Exploration Licence for NL07-1 in January 2008.

For further information, please contact:

Jacqueline Glynn
Legal Counsel
(709) 778-1408

Media Contact:
Sean Kelly APR
Manager, Public Relations
(709) 778-1418
skelly@cnlopb.nl.ca


News Releases 2007

DateUpdate
2007, Dec 42007 Land Sale Results
2007, Nov 30Opportunity For Comment on the North Amethyst Development Plan and White Rose Development Plan Amendment
2007, Nov 30Opportunity For Comment on the North Amethyst Development Plan and White Rose Development Plan Amendment
2007, Nov 30Opportunity For Comment on the North Amethyst Development Plan and White Rose Development Plan Amendment
2007, Nov 16C-NLOPB Marks 10th Anniversary of First Oil
2007, Sep 7Governments Approve Husky Energy’s South White Rose Extension
2007, Jul 30C-NLOPB Responds to Criticisms about Evacuation Systems on Offshore Oil and Gas Facilities
2007, Jul 13Western Newfoundland and Labrador Strategic Environmental Assessment Amendment to the 2005 SEA Report
2007, Jul 11Two Companies Successfully Pre-Qualified to Bid on Petroleum Digital Data Management System RFP
2007, Jun 21C-NLOPB Annual Report Released
2007, May 182007 Calls for Bids
2007, Apr 20C-NLOPB Invites Comments On Draft Scoping Document For Labrador Shelf Strategic Environmental Assessment
2007, Apr 20C-NLOPB Invites Comments On Draft Scoping Document For Labrador Shelf Strategic Environmental Assessment
2007, Apr 16C-NLOPB Congratulates NOIA On Its 30 Year Anniversary and The Winners Of The NOIA Community Champion Awards
2007, Apr 2White Rose Production Volume Increase Amendment
2007, Jan 14White Rose Development Plan Amendment Comments
2007, Jan 12Opportunity For Comment White Rose Development Plan Amendment South White Rose Extension Tie-Back
2007, Jan 12Opportunity For Comment White Rose Development Plan Amendment South White Rose Extension Tie-Back
2007, Jan 12Opportunity For Comment White Rose Development Plan Amendment South White Rose Extension Tie-Back
2007, Jan 5Explanation of the Production Operations Authorization