Two blocks offered off Sable Island, NS

Dec. 14, 2018
Two blocks nominated by the oil and gas industry are on offer off Sable Island in the northern Atlantic. The Canada-Nova Scotia Offshore Petroleum Board will accept bids through May 8, 2019, for exploration licenses covering 75,788-hectare Parcel 1 and 73,004-hectare Parcel 2, both in less than 100 m of water on the Scotian Shelf.

Two blocks nominated by the oil and gas industry are on offer off Sable Island in the northern Atlantic.

The Canada-Nova Scotia Offshore Petroleum Board will accept bids through May 8, 2019, for exploration licenses covering 75,788-hectare Parcel 1 and 73,004-hectare Parcel 2, both in less than 100 m of water on the Scotian Shelf.

The parcels in Call for Bids NS18-3 are near earlier discoveries and existing production in the Sable subbasin.

Bids are evaluated on the basis of proposed work expenditure.