The C-NLOPB announced today that the Federal and Provincial Governments have approved the Board’s Fundamental Decision to approve Hibernia Management and Development Company’s (HMDC) Development Plan application for the AA Block.
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 HMDC to proceed with development of the AA Block from the Gravity Based Structure (GBS). The AA Block is contained within the existing Production Licence – PL 1001.
The AA Block is estimated to contain 48 million barrels of oil.
Sean Kelly APR, FCPRS
Manager of Public Relations
(709) 778-1418 (office)
(709) 689-0713 (cell)
|2009, Nov 20||C-NLOPB Releases Results of 2009 Calls for Bids|
|2009, Sep 28||2009 Call for Nominations|
|2009, Sep 16||C-NLOPB Core Storage and Research Centre (CSRC) Undergoing Expansion|
|2009, Sep 2||Hibernia Development Plan Amendment (AA Block) Approved|
|2009, Aug 19||Public Invited to Comment on Draft Strategic Environmental Assessment Report – Southern Newfoundland|
|2009, Aug 18||C-NLOPB Releases 2008-09 Annual Report|
|2009, May 28||C-NLOPB Announces 2009 Calls For Bids|
|2009, May 25||C-NLOPB Announces Commission of Inquiry Terms of Reference|
|2009, Apr 22||Comments sought on the Environmental Assessment Scoping Document for the Hebron Development Project|
|2009, Apr 16||C-NLOPB Announces Appointment of Commissioner of Inquiry|
|2009, Apr 8||C-NLOPB Announces Inquiry Into Worker Safety Associated With Helicopter Crash|
|2009, Mar 20||C-NLOPB SAYS NO SAFETY ISSUES HAVE BEEN IDENTIFIED WITH SUITS USED FOR TRANSPORTING OFFSHORE WORKERS|
|2009, Mar 13||C-NLOPB REACTS TO LOSS OF COUGAR’S FLIGHT 491|
|2009, Jan 26||C-NLOPB Marks ‘One Billion Barrels’ Milestone|