2018 License Round Results
The results for Call for Bids NL18-CFB01 and NL18-CFB02 were released by the C-NLOPB on November 7, 2018. The results of the 2018 License Round are listed below:
2018 Call for Bids Results NL18-CFB01 (Eastern Newfoundland Region)
| Parcel | Hectares | Successful Bidders | Successful Bid Amount |
|---|---|---|---|
| Parcel 8 | 269,799 | BHP Billiton Petroleum (New Ventures) Corporation (100%) | $621,021,200 |
| Parcel 12 | 273,579 | BHP Billiton Petroleum (New Ventures) Corporation (100%) | $201,021,200 |
| Parcel 14 | 159,036 | Equinor Canada Ltd. (70%) Husky Oil Operations Limited (30%) | $32,231,981 |
| Parcel 15 | 253,608 | Equinor Canada Ltd. (60%) Suncor Energy Offshore Exploration Partnership (40%) | $480,000,000 |
Total Successful Bid Amount $1,334,274,381
2018 Call for Bids Results NL18-CFB02 (Jeanne D’Arc Region)
| Parcel | Hectares | Successful Bidders | Successful Bid Amount |
|---|---|---|---|
| Parcel 1 | 142,448 | Suncor Energy Offshore Exploration Partnership (40%) Husky Oil Operations Limited (30%) Equinor Canada Ltd. (30%) | $51,999,555 |
Total Successful Bid Amount $51,999,555