CallForBidsNF00-1 - Jeanne d'Arc, South Whale, Magdalen Basins

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Section 1 STRATEGIC LOCATION Page 4 Whatever your markets, you can easily access them from Newfoundland and Labrador. Our trading patterns with Europe and North America have developed modern and extensive air, land and water infrastructure. Being the easternmost land mass of the North American continent, the Province of Newfoundland has held a strategic position throughout its 500 years of settlement by Europeans. With its rich fishing grounds and location at the gateway to North America, the area was coveted by the European powers and ultimately became the first installment in the British Empire. The importance of Newfoundland and Labrador’s location was recognized repeatedly Cities Vancouver, Canada London, England New York, U.S.A. Boston, U.S.A Toronto, Canada Approx. Flying Times From Newfoundland 0.0 2.0 4.0 6.0 8.0 10.0 Flying Time in Hours in the twentieth century with the establishment of major American and Canadian military bases. Today, as a province of Canada, Newfoundland continues to capitalize on its location as it expands its economy beyond the traditional industries into the high tech world of offshore petroleum exploration and development. Figure 1.1 Approximate flying times from Newfoundland London, England Approximate Marine Shipping Days Figure 1.2 Cities Miami, U.S.A Norfolk, U.S.A. Boston, U.S.A Montreal, Canada Halifax, Canada 0 2 4 6 8 10 12 Marine Shipping (Days) Approximate marine shipping days from Newfoundland Approx. Trucking Time to Market Houston, U.S.A. Figure 1.3 Cities Miami, U.S.A New York, U.S.A. Toronto, Canada Halifax, Canada 0.0 2.0 4.0 6.0 8.0 Trucking Time (days) Approximate trucking days from Newfoundland
Page 5 STRATEGIC LOCATION The Hibernia discovery well was the sixtieth to be drilled offshore Newfoundland and Labrador. Since that discovery an average of 30 million barrels have been found per exploration well. Figure 1.4 WHY EXPLORE IN NEWFOUNDLAND ⇒ ⇒ ⇒ ⇒ ⇒ ⇒ Large undrilled structures in proven areas Proximal to major markets High production rates and recovery factors High quality sweet crude Plenty of unlicenced land in prospective areas Stable political climate
Page 1 and 2: Department of Mines and Energy Gove
Page 3 and 4: Department of Mines and Energy Offs
Page 5: INTRODUCTION Page 3 Fourteen parcel
Page 9 and 10: Page 7 INDUSTRIAL INFRASTRUCTURE A
Page 11 and 12: Page 9 INFRASTRUCTURE North Atlanti
Page 13 and 14: -53°00' -48°00' 0 100KM BRUNSWICK
Page 15 and 16: EGRET Page 13 GEOLOGICAL FRAMEWORK
Page 17 and 18: Page 15 GEOLOGICAL FRAMEWORK Carson
Page 19 and 20: GEOLOGICAL FRAMEWORK The presence o
Page 21 and 22: Section 4 Page 19 Request For Bids
Page 23 and 24: Parcel 2 Page 21 Request For Bids P
Page 25 and 26: 4610’ O 45 0’ O Parcel Parcel 4
Page 27 and 28: Parcel 6 Page 25 Request For Bids P
Page 29 and 30: O -52 0’ O 43 0’ Parcel 8 Reque
Page 31 and 32: Parcel 10 Parcel 10 Request For Bid
Page 33 and 34: O -5200’ O 43 0’ Parcel 11 Requ
Page 35 and 36: -5 2 0 0 ’ O 430’ O Parcel 13 R
Page 37 and 38: Section 5 HOW TO MAKE A BID Page 35
Page 39 and 40: Page 37 FISCAL REGIMES AND TAXATION
Page 41 and 42: Section 8 Page 39 Bibliography, End
Page 43 and 44: Appendix A Parcel 5 Program Number
Page 45 and 46: HIBERNIA 1 1 TERRA NOVA HEBRON WHIT

CallForBidsNF00-1 - Jeanne d'Arc, South Whale, Magdalen Basins

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