NOTICE
January 4, 2010
Board Extends Exploration Licence 2407
(Halifax, NS) – The Canada-Nova Scotia Offshore Petroleum Board has approved a one year extension to Exploration Licence (EL) 2407 held by BEPCo Canada Company. EL 2407 was scheduled to expire on December 31, 2009.
This extension was granted based on the Board’s Exploration Licence Fee Extension Policy (September 18, 2007). The policy allows companies holding ELs to apply to the Board to extend Period 1 of the EL annually from six years up to the legislated maximum of nine years. In order to receive an extension, companies must demonstrate to the Board that they have been diligent in taking the necessary steps to drill a well. The companies are also required to pay a refundable extension fee of $2.50 per hectare.
For more information about the above noted licence, or other offshore licences, please visit our searchable Licence Registry.
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About the Board
The Canada-Nova Scotia Offshore Petroleum Board is the independent joint agency of the Governments of Canada and Nova Scotia responsible for the regulation of petroleum activities and resources offshore Nova Scotia.
For further information, please contact:
Debbie Mountenay
Manager, Administration & Industrial Benefits
Canada-Nova Scotia Offshore Petroleum Board
(902) 496-0743, Email
July 31, 2010
CNSOPB Annual Report 2009-2010
July 8, 2010
Board Announces Results of Call for Bids NS09-1
