Our vision is a prosperous future full of economic opportunity for generations of Newfoundlanders and Labradorians.

Newfoundland and Labrador’s significant oil and gas potential offers tremendous opportunity for the future of our province. As stewards of these resources, we are tasked with capturing the value of our oil and gas resources for the people of our province at every stage of exploration and development. We accomplish this through proactive leadership, thoughtful guidance, and investment-grade science while caring for the environment.

By focusing on attracting new investments, and maximizing returns through equity investments, we are positioning this province as a globally preferred location for oil and gas development.