Canada-Nova Scotia calls for offshore exploration tract bids

Offshore staff

HALIFAX, Nova Scotia – The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) has issued Call for Bids NS15-1 covering nine parcels on the central to western Scotian margin.

Four parcels are adjacent to recent Shell Canada Ltd exploration licenses, with numerous potential salt-related, slope onlap, and carbonate bank traps. Three parcels are above under-explored synrift basins with presalt potential, landward of recent BP Canada Energy Group ULC exploration licenses. Two parcels are in the Sable subbasin which has proven oil and gas.

Deadline for bids is Oct. 29, 2015. CNSOPB described the prospective lease areas as follows:

“The NS15-1 Call for Bids includes nine parcels that are clustered into three geographically and geologically distinct areas.  Parcels 1, 2, 3, and 4 are located on the outer shelf and slope along the southwestern most parts of the Scotian margin, adjacent to and seaward of Georges Bank (Western Region). Parcels 5, 6, and 7 are located on the outer shelf and upper slope of the central Scotian margin, west of the Sable Island and the Sable Subbasin (Central Region). Parcels 8 and 9 are located above existing oil and gas discoveries on the shelf in the Sable subbasin, north and east of Sable Island – these being the Penobscot oil discovery in fluvial-deltaic sandstones of the Missisauga Formation and the Eagle discovery in chalks of the Wyandot Formation, respectively (Eastern Region).”

04/30/2015

Canada-Nova Scotia Offshore Petroleum Board's Call for Bids NS15-1

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