06 July 2010

Offshore board announces two more call for bids on offshore parcels

The Canada-Newfoundland and Labrador Offshore Petroleum Board
today announced calls for bids on offshore parcels in the Flemish Pass/Central Ridge region.

Call NL10-02 consists of two parcels comprising 327,372 hectares while Call NL10-03 consists of one parcel of 3,773 hectares and a one significant discovery licence. This is the first time in 22 years a significant discovery license has been offered.

Description:

NL10-02 (Area “C” - Central Ridge/Flemish Pass)

Parcel No.1 is NL10-02-01

No wells were drilled on Parcel 1, however Mizzen 0-16, L-11 and Baccalieu I-78 are drilled on adjacent lands. Mizzen O-16 is an abandoned oil well by Statoil, which is SDL 1047. L-11 had an oil show. I-78 is abandoned.

The lands are North of SDL 1047

Parcel No.2 is NL-10-02-02

  • Water depth ranging from 1000 to 2000m
  • Total number of hectares = 125,421
  • Total Number of Sections = 365

No wells were drilled on Parcel 1, however Mizzen 0-16, L-11 and Baccalieu I-78 are drilled on adjacent lands. Mizzen O-16 is an abandoned oil well by Statoil, which is SDL 1047. L-11 had an oil show. I-78 is abandoned.

The lands are adjacent and North of SDL 1047

No. NL10-02 (Area “C” - Central Ridge/Flemish Pass)

One SDL Parcel

Parcel No.1 is NL10-03-01

  • Water depth ranging from 1000 to 2000m
  • Total number of hectares = 3,773
  • Total Number of Sections = 11

No wells were drilled on Parcel 1, however Mizzen 0-16, L-11 and Baccalieu I-78 are drilled on adjacent lands. Mizzen O-16 is an abandoned oil well by Statoil, which is SDL 1047. L-11 had an oil show. I-78 is abandoned.

The lands are North of SDL 1047.

- srbp -