The Canada-Newfoundland and Labrador Offshore Petroleum Board
(C-NLOPB) is today announcing details of a Call for Bids in the Canada-Newfoundland and Labrador Offshore Area. Call for Bids NL14-01 (Jeanne d’Arc Region), will consist of one parcel equaling 108,938 hectares.
Prospective bidders are advised that work is ongoing to complete the Eastern Newfoundland Strategic Environmental Assessment (SEA) and this Call for Bids will not close until a minimum of 120 days after completion of the SEA. The Board will consider any recommendations made in the SEA Report and, where necessary, may amend the Call for Bids. Any mitigative measures identified in the SEA report will have to be addressed prior to the commencement of exploration work to be conducted on this parcel.
Subject to Ministerial approval, successful bidders will be issued an exploration licence for a term of nine years. 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 the first six years (Period I). The minimum bid for this parcel offered is $10,000,000.
This Call for Bids contains a sample exploration licence and the applicable terms and conditions including allowable expenditures, drilling deposits and the sample form of any resulting significant discovery licence. It also contains provisions for rentals during the term of an exploration licence and during the term of any resulting significant discovery licence.
Notification of any changes made to this Call for Bids will be posted on the C-NLOPB’s website.
Sean Kelly M.A., APR, FCPRS
Manager of Public Relations
(709) 689-0713 (cell)
|2014, Dec 16||C-NLOPB Announces Update of Reserve Estimate for the Hibernia Field|
|2014, Dec 12||C-NLOPB Releases Results for Calls for Bids NL13-01, NL13-02 and NL14-01|
|2014, Nov 14||C-NLOPB announces results of Call for Bids NL13-03|
|2014, Nov 13||Offshore safety conference draws international experts to Newfoundland and Labrador|
|2014, Sep 30||C-NLOPB Statement on the Dedication of the Offshore Helicopter Accident Memorial|
|2014, Sep 29||White Rose Extension Project Public Review Report Released|
|2014, Aug 21||C-NLOPB issues Calls for Nominations for Offshore Lands|
|2014, Aug 5||Eastern Newfoundland Strategic Environmental Assessment now available|
|2014, Aug 5||NOTICE TO POTENTIAL BIDDERS CALL FOR BIDS NL13-01 (Area “C” – Flemish Pass) CALL FOR BIDS NL13-02 (Area “C” – Carson Basin) CALL FOR BIDS NL14-01 (Jeanne d’Arc Region)|
|2014, Jun 12||Harris Centre to Conduct Public Review of White Rose Extension Development Plan Amendment|
|2014, Jun 11||C-NLOPB Announces 2014 Call for Bids (Jeanne d’Arc Region)|
|2014, May 22||Notice to Potential Bidders re: Eastern Newfoundland Region Sector Identification|
|2014, May 22||Notice to Potential Bidders re: Labrador South Region Sector Identification|
|2014, May 20||NOTICE TO POTENTIAL BIDDERS CALL FOR BIDS NL13-01 (Area “C” – Flemish Pass) AND CALL FOR BIDS NL13-02 (Area “C” – Carson Basin)|
|2014, May 15||Notice to Potential Bidders Call for Bids NL13-03 (Area “B” – Western Newfoundland and Labrador Offshore Region)|
|2014, May 7||L’OCTNLHE diffuse la Mise à jour de l’évaluation environnementale stratégique de la zone extracôtière de l’Ouest de Terre-Neuve et du Labrador|
|2014, May 5||C-NLOPB Delivers Western Newfoundland and Labrador Offshore Area Strategic Environmental Assessment Update|
|2014, Mar 11||As the C-NLOPB remembers those lost, work continues to improve offshore helicopter passenger safety|
|2014, Mar 10||Notice to Potential Nominators – Areas of Interest|
|2014, Mar 5||C-NLOPB Invites Comments on Draft Eastern Newfoundland Strategic Environmental Assessment Report|