C-NLOPB Releases Results for 2018 Calls for Bids

Issued November 7, 2018

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) is announcing the results of Call for Bids NL18-CFB01 (Exploration Licences, Eastern Newfoundland Region), Call for Bids NL18-CFB02 (Exploration Licence, Jeanne d’Arc Region) and Call for Bids NL18-CFB03 (Production Licence, Jeanne d’Arc Region). The results include a record cumulative successful bid amount of $1,386,273,936 and a record single successful bid amount of $621,021,200.

Continue Reading