News Releases 2013

Statement to the Media – Updated Reserves/Resources

For Immediate Release
November 18, 2013

In September 2013 the C-NLOPB issued two Significant Discovery Licences (SDL 1051 and SDL 1052) based on the Suncor et al Ballicatters M-96Z exploration well and Drill Stem Test results.

Based on the C-NLOPB’s interpretation of the data, the Board is updating its reserve/resource table with the addition of Ballicatters in the resource section. A deterministic gas volume was estimated to be 32,390 106 m3 (1143 BCF) with 21 MM bbls NGLs.

The Ballicatters M-96Z well tested a 23 meter interval and flowed oil and gas at sustained rates of 698 b/d (43 deg API) and 38.6 MMScf/d respectively on a 60/64th inch choke during a 27 hour flow period and associated 39 hour shut-in period.

Media Contact:
Sean Kelly M.A., APR, FCPRS
Manager of Public Relations
(709) 778-1418
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News Releases 2013

2013, Dec 19C-NLOPB Announces 2013 Call for Nominations and Improvements to the Land Tenure System
2013, Dec 13Statement to the Media – Shoal Point Energy Licence Extension Request
2013, Nov 18Statement to the Media – Updated Reserves/Resources
2013, Oct 28North Amethyst Development Plan Amendment Approved (North Amethyst Hibernia Formation)
2013, Oct 4Statement to the Media
2013, Sep 17C-NLOPB Clarifies Roles and Responsibilities with Respect to Information Release in the July 2011 Cougar Helicopter Incident
2013, Aug 30C-NLOPB announces public consultation sessions for the Eastern Newfoundland Offshore Area Strategic Environmental Assessment
2013, Jul 12Deadline Extended for Public Review of Draft Western Newfoundland and Labrador Strategic Environmental Assessment (SEA) Update Report
2013, Jul 12Report de la date limite pour l’examen public de l’ébauche du rapport de mise à jour de l’évaluation environnementale stratégique (EES) de l’Ouest de Terre Neuve et du Labrador
2013, Jun 21C-NLOPB Invites Comments on Western Newfoundland and Labrador Offshore Area Strategic Environmental Assessment Update Report
2013, Jun 5White Rose Development Plan Amendment Approved (South White Rose Extension)
2013, Jun 3Request for Proposals for the Eastern Newfoundland and Labrador Offshore Area Strategic Environmental Assessment
2013, May 16C-NLOPB Announces 2013 Calls for Bids
2013, Apr 2C-NLOPB Updates Terra Nova Reserve & Resources Estimates
2013, Feb 28Environmental assessment underway for offshore oil and gas activity in the Gulf of St. Lawrence
2013, Feb 5Opportunity for Public Comment White Rose Development Plan Amendment Application (South White Rose Extension Tie-Back Project)
2013, Feb 5C-NLOPB says more will be done to prepare for major oil spills, but spill prevention must remain the priority
2013, Jan 31Return to Night Passenger Transport Operations – Operator Response Update