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Petroleum Exploration Opportunities in Jeanne d'Arc Basin , Call for ...

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Regional Geology of the Grand<br />

Banks of Newfoundland<br />

• East Coast Newfoundland and Labrador is a<br />

significant part of the eastern N. America to N.<br />

Europe extensive, once cont<strong>in</strong>uous Gulf of Mexico to<br />

Barents Sea, Mesozoic aged rift system developed<br />

dur<strong>in</strong>g the Pangea <strong>in</strong>tra-cont<strong>in</strong>ental rift<strong>in</strong>g and<br />

Atlantic Ocean open<strong>in</strong>g<br />

• The Grand Banks and environs bas<strong>in</strong>s evolved<br />

through the latest Atlantic Wilson cycle, start<strong>in</strong>g 230<br />

million year ago and cont<strong>in</strong>u<strong>in</strong>g today<br />

• Up to now Grand Banks and environs (Central Ridge<br />

and Flemish Pass Bas<strong>in</strong>) is the only area along the<br />

East Coat North America are with large oil fields that<br />

are produc<strong>in</strong>g close to world’s s largest consumer<br />

market<br />

market<br />

Enachescu, NL DNR 2009

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