ARCHIVED - 2005-2006 Central Mackenzie Valley

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Table of Contents


Call for Bids

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Call for Nominations

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Winning Bids

The Minister of Indian Affairs and Northern Development hereby gives notice of the bids which have been selected in response to the 2006 Central Mackenzie Valley Call for Bids. The call closed on May 9, 2006. Winning bidders having submitted work deposits representing 25% of their work proposal bid will be eligible to receive an exploration licence. In accordance with the requirements set out in the 2006 Central Mackenzie Valley Call for Bids, the following bids have been selected:

Map indicating Winning Bids   (1,053 Kb)


Parcel CMV-1
( 84,353 ha more or less)

Work expenditure bid: $12,150,000.00
Work deposit: $ 3,037,500.00
Issuance Fee: $ 2,500.00
Bidder: Talisman Energy Inc. (50%)
Devon ARL Corporation (50%)
Designated Representative : Talisman Energy Inc.
Exploration Licence: EL436

Parcel CMV-2
( 85,993 ha more or less)

Work expenditure bid: $32,775,000.00
Work deposit: $8,193,750.00
Issuance Fee: $2,000.00
Bidder: Talisman Energy Inc. (50%)
Devon ARL Corporation (50%)
Designated Representative : Talisman Energy Inc.
Exploration Licence: EL437

Parcel CMV-3
(87,183 ha more or less)

Work expenditure bid: $3,850,000.00
Work deposit: $962,500.00
Issuance Fee: $1,250.00
Bidder: Talisman Energy Inc. (50%)
Devon ARL Corporation (50%)
Designated Representative : Talisman Energy Inc.
Exploration Licence: EL438

Parcel CMV-4
( 82,820 ha more or less)

Work expenditure bid: $5,125,000.00
Work deposit: $1,281,250.00
Issuance Fee: $1,750.00
Bidder: Talisman Energy Inc. (50%)
Devon ARL Corporation (50%)
Designated Representative : Talisman Energy Inc.
Exploration Licence: EL439

Parcel CMV-5
( 87,872 ha more or less)

Work expenditure bid: $6,300,000.00
Work deposit: $1,575,000.00
Issuance Fee: $1,000.00
Bidder: Paramount Resources Ltd.(100%)
Designated Representative : Paramount Resources Ltd.
Exploration Licence: EL440

Parcel CMV-6
( 88,452 ha more or less)

Work expenditure bid: $10,500,000.00
Work deposit: $2,625,000.00
Issuance Fee: $3,000.00
Bidder: Husky Oil Operations Limited (25.9175%)
Northrock Resources Ltd. (27.685%)
EOG Resources Canada Inc. (26.3975%)
International Frontier Resources Corporation (7.5%)
Pacific Rodera Energy Inc. (12.5%)
Designated Representative : Husky Oil Operations Limited
Exploration Licence: EL441


Further information may be obtained by contacting

Northern Oil and Gas Directorate
Northern Affairs Program, 6th floor,
25 Eddy Street, Ottawa,
Ontario, K1A 0H4
Telephone: (819) 997-0048

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