NEWFOUNDLAND POISED TO AWARD ONSHORE EXPLORATION PERMITS

The Newfoundland and Labrador Department of Mines and Energy, St. John's, Newf., has chosen successful bidders for exploration licenses on three onshore blocks. Vinland Petroleum Inc. acquired Blocks 8 and 9, each of about 380 sq km. Parcel 8 is east of Main Brook, and 9 is north of Port Au Choix. Vinland is committed to spending $10,630 on each parcel during the 5 year term of its exploration permits.

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