Nova Scotia offshore blocks draw no bids

Nova Scotia received no bids for the six offshore blocks on offer for oil and gas licensing (OGJ Online, May 3, 2016).

Three of the blocks are in shallow water on the Scotian Shelf south of Sable Island, adjacent to existing natural gas production.

The other three blocks are to the south in deeper water.

The Canada-Nova Scotia Offshore Petroleum Board opened bidding last May.

It’s accepting through Dec. 1 nominations for acreage to be included in the next call for bids next spring.

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