28 September 2009

Offshore board calls for land plot nominations

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) today announced a call for nominations from industry stakeholders for lands in the offshore area that would be considered for a possible call for bids in 2010.

A call for nominations is a preliminary step prior to a competitive call for bids.  It  provides interested parties with the opportunity to nominate areas of interest to be included.   CNLOPB can also nominate lands on its own initiative for inclusion.

The offshore board is not bound to proceed with a call for bids in respect of any lands nominated, nor is a nominee obligated to bid on any lands nominated and included in a subsequent call for bids.

Interested parties will have until 4:00 p.m. on November 2, 2009 to submit sealed nominations to the Canada-Newfoundland and Labrador Offshore Petroleum Board. Further information is available from the board’s website.