The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued two calls for bids in the Eastern Newfoundland and Jeanne d’Arc Regions under the Scheduled Land Tenure Regime in the Canada-Newfoundland and Labrador Offshore Area.
Call for bids NL16-CFB01 (Eastern Newfoundland Region) consists of 13 parcels and a total of 2,949,252 hectares
Call for bids NL16-CFB02 (Jeanne d’Arc Region) consists of three parcels and a total of 354,552 hectares.
Interested parties will have 9 November 2016 to submit sealed bids for the parcels offered in NL16-CFB01 and NL16-CFB02.
“The sole criterion for selecting a winning bid will be the total amount of money the bidder commits to spend on exploration of the parcel during Period I (the first period of a nine-year license),” the C-NLOPB said..
The areas subject to the two calls for bids were included in the C-NLOPB’s 2014Eastern Newfoundland Strategic Environmental Assessment (SEA).
The SEA examines the environmental effects which may be associated with a plan, program or policy proposal and allows for the incorporation of environmental considerations at the earliest stages of program planning. SEA involves a broader-scale environmental assessment (EA) that considers the larger ecological setting and consultation with a wide array of stakeholders. A project-specific EA that focuses on site-specific issues must be completed before any work can begin within the license area.
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