The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) has issued Call for Bids NS14-1. This Call consists of four (4) parcels on the Scotian Slope in water depths between 100 m and 4,100 m. Bids must be received by October 30, 2014 before 4:00 p.m. Atlantic Standard Time. “The parcels included in the NS14-1 Call for Bids have potential for both oil and gas.
The CNSOPB has conducted a comprehensive geoscientific assessment of the Parcels, as well as a Strategic Environmental Assessment of the greater area. Supportive information, as well as regulatory information, can be found on the CNSOPB website at www.cnsopb.ns.ca.
The successful bidder(s) will be awarded an Exploration Licence subject to federal and provincial Ministerial approval.
Please note I have some questions about the process and am awaiting answers, SO expect an update.