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Canada: C-NLOPB announces 2024 Call for Bids in the Eastern Newfoundland Region

Canada: C-NLOPB announces 2024 Call for Bids in the Eastern Newfoundland Region
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Shannon Bulger , United Nations Convention , Labrador Offshore Petroleum Board , Exploration Licences , Eastern Newfoundland , Eastern Newfoundland Region , Northeast Newfoundland Slope Marine , Oceans Canada , Saarc Region , Scheduled Land Tenure ,

Newfoundland and Labrador launches 41-block offshore oil and gas exploration licensing round

The sole criterion for selecting a winning bid will be the total amount of money the bidder commits to spend on exploration of the parcel during Period I (the first six years of a nine-year license). The minimum bid for the parcels offered is $10,000,000 in work commitments. ....

United Nations Convention , Labrador Offshore Petroleum Board , Exploration Licenses , Eastern Newfoundland , Eastern Newfoundland Region , Northeast Newfoundland Slope Marine , Oceans Canada , Saarc Region , Land Tenure ,