2023 Eastern and South Eastern Newfoundland Regions
On April 17, 2023, the C-NLOPB announced the 2023 calls for bids in the Eastern and South Eastern Newfoundland regions.
- 1. Eastern Newfoundland region has 28 parcels and a total of 7.2 million hectares.
- 2. South Eastern Newfoundland region has 19 parcels and a total of nearly 5 million hectares.
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 licence). The minimum bid for the parcels offered is $10 million CAD in work commitments.
The 2023 calls for bids closes on November 1. For more information pertaining to this year’s calls for bids, please visit the C-NLOPB website.