The Canada-Newfoundland and Labrador Offshore Petroleum Board received three successful bids for 13 parcels on offer in two areas covered by a bid round that opened in April (OGJ Online, Apr. 4, 2019).
In Call for Bids NL19-CFB01 covering the Southeastern Newfoundland Region, ExxonMobil Canada Ltd. made a solo bid of $10,135,948 for 239,921-hectare Parcel 4.
NL19-CFB01 offered nine parcels.
Successful bidders in Call for Bids NL19-CFB02, which offered four parcels in the Jeanne d’Arc Region, ExxonMobil Canada made a solo bid of $10,449,996 for 111,317-hectare Parcel 2, and a combine led by Husky Oil Operations Ltd. bid $18,022,500 for 76,737-hectare Parcel 3.
Interests in the Parcel 3 combine are Husky, 72.5%, and Suncor Energy Offshore Exploration Partnership, 27.5%.