The Canada-Newfoundland and Labrador Offshore Petroleum Board
(C-NLOPB) wishes to advise that contrary to recent media reports based on a news release issued January 5, 2012 by Canadian Imperial Venture Corporation (CIVC), drilling operations remain suspended at the Shoal Point 3K-39Z well. The C-NLOPB is currently reviewing documentation submitted by the Operator in respect of resuming drilling activity; however, requisite approvals from the C-NLOPB to the Operator have not yet been issued.
Media Contact:
Sean Kelly M.A.,APR, FCPRS
Manager of Public Relations
(709) 778-1418
(709) 689-0713 (cell)
skelly@cnlopb.nl.ca