The C-NLOPB announced today that the Federal and Provincial Governments have approved the Board’s Fundamental Decision to approve Husky Energy’s North Amethyst Development Plan application.

Under the Atlantic Accord Implementation Acts, Fundamental Decisions of the Board must be ratified by both governments before they can be implemented. The approval of both governments now enables Husky Energy to proceed with its sub-sea development which will tie back to the Sea Rose FPSO.

The Board has also approved the Benefits Plan associated with this proposed project.

The North Amethyst Field is estimated to contain 70 million barrels of oil and is one of a series of possible extensions to the White Rose Project.

Decision Report 2008.03 North Amethyst Development Plan Application Decision Report

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