News Releases 2011

C-NLOPB Announces 2011 Calls for Bids

For Immediate Release
May 12, 2011

The Canada-Newfoundland and Labrador Offshore Petroleum Board
(C-NLOPB) announced today the details of the 2011 Calls for Bids in the Newfoundland and Labrador Offshore Area. Calls for Bids NL11-01 (Area “B” Western Newfoundland and Labrador Offshore Region), NL11-02 (Area “C” Flemish Pass/North Central Ridge) and NL11-03 (Area “C” Labrador Offshore Region) will consist of eight parcels, which comprise 1,599,295 hectares.

Interested parties will have until 4:00 p.m. on November 15, 2011 to submit sealed bids for parcels offered in Calls for Bids NL11-01, NL11-02 and NL11-03. The sole criterion for selecting winning bids will be the total amount of money the bidder commits to spend on exploration of the respective parcel during Period I (the first period of a nine-year licence). The minimum bid for each parcel offered in Area “C” is $1,000,000 and for Area “B”, $100,000.

These Calls for Bids contain provisions for rentals during the term of an exploration licence and during the term of any resulting significant discovery licence. These Calls for Bids contain a sample exploration licence which incorporates a sample significant discovery licence. These areas have been previously assessed to identify any mitigative measures that may be required in relation to exploration activity on these parcels. Notification of any changes made to these Calls for Bids will be posted on the Board’s website.

Subject to Ministerial approval, successful bidders will be issued an exploration licence for a term of nine years; however, during Period I, a well must be spudded to validate the licence for the full nine-year term.

Newfoundland and Labrador Offshore Area

Media Contact:
Sean Kelly M.A., APR, FCPRS
Manager of Public Relations
(709) 778-1418
(709) 689-0713 (cell)

News Releases 2011

2011, Dec 22Corridor Environmental Assessment for Exploration Licence 1105 Filed with Independent Reviewer
2011, Dec 21C-NLOPB Invites Comments on Draft Scoping Document for Western Newfoundland and Labrador Offshore Area Strategic Environmental Assessment Update
2011, Nov 16C-NLOPB Releases Results for 2011 Calls for Bids NL11-01, NL11-02 and NL11-03
2011, Nov 2Corridor Environmental Assessment for Exploration Licence 1105 Filed with the C-NLOPB
2011, Nov 1C-NLOPB Conducts Offshore Safety Forum
2011, Oct 18Offshore Incident Reporting by Operators Consistent with other Industries
2011, Oct 14C-NLOPB Comments on S-92 Helicopter Incident in Gulf of Mexico
2011, Oct 52011 Call for Nominations
2011, Sep 21C-NLOPB Comments on Bristow Norway S-92A Grounding
2011, Aug 25C-NLOPB Announces Independent Review of Proposed Drilling on Exploration Licence 1105 (Old Harry)
2011, Aug 19C-NLOPB Releases 2010-11 Annual Report
2011, Aug 18C-NLOPB Responds to Offshore Helicopter Safety Inquiry Phase II Report
2011, Aug 16C-NLOPB to Conduct Extensive Public Consultations on EL 1105 (Old Harry) Proposal
2011, Aug 15C-NLOPB Releases Offshore Helicopter Safety Inquiry Report, Phase II
2011, Jul 6C-NLOPB Appoints Miller Ayre as Commissioner for Hebron Development Application Public Review
2011, Jul 4C-NLOPB Sets the Record Straight on AG Audit Request
2011, Jun 13C-NLOPB Recommends a Mediator or Panel Review of Proposed Old Harry Exploration Well in the Gulf of St. Lawrence
2011, Jun 6Drilling and Production Guidelines Updated
2011, Jun 3New Definitions for Reserves and Resources
2011, Jun 3C-NLOPB Releases Further Documentation Relating to the Hebron Development Plan Application
2011, May 16Hebron Benefits Plan Filed with the C-NLOPB
2011, May 12C-NLOPB Announces 2011 Calls for Bids
2011, Apr 21Hebron Development Application Filed With the C-NLOPB
2011, Apr 5C-NLOPB Responds to Criticism about Spill Reporting
2011, Mar 15C-NLOPB says it was not Notified of Board Appointment
2011, Feb 25Canadian Environmental Assessment Act Draft Scoping Document Exploration Drilling Project – EL 1105
2011, Feb 9C-NLOPB Says it will Review the TSB Report and Decide Next Steps