ARCHIVED - 2004-2005 Central Mackenzie Valley

Notice

This website will change as a result of the dissolution of Indigenous and Northern Affairs Canada, and the creation of Indigenous Services Canada and the eventual creation of Crown-Indigenous Relations and Northern Affairs Canada. During this transformation, you may also wish to consult the updated Indigenous and Northern Affairs home page.

Archived information

This Web page has been archived on the Web. Archived information is provided for reference, research or record keeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please contact us to request a format other than those available.

Accessibility Notice

Help on accessing documents in PDF format
can be obtained on the help page.




Table of Contents


Call for Bids

Return to Table of Contents


Call for Nominations

Return to Table of Contents


Winning Bids

The Minister of Indian Affairs and Northern Development hereby gives notice of the bids which have been selected in response to the 2005 Central Mackenzie Valley Call for Bids. The call closed on May 17, 2005. 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 2005 Central Mackenzie Valley Call for Bids, the following bids have been selected:

Map indicating Winning Bids   (308 Kb)


Parcel CMV-2

NO BIDS WERE RECEIVED FOR THIS PARCEL.

Parcel CMV-3
(81,008 ha more or less)

Work expenditure bid: $ 3,200,000.00
Work deposit: $ 800,000.00
Issuance Fee: $ 1,000.00
Bidder: Apache Canada Ltd 50%
Paramount Resources Ltd 50%
Designated Representative : Apache Canada Ltd
Exploration Licence: EL 428

Parcel CMV-4
(82,880 ha more or less)

Work expenditure bid: $ 12,500,000.00
Work deposit: $ 3,125,000.00
Issuance Fee: $ 2,000.00
Bidder: BG Canada Exploration and Production, Inc 75%
International Frontier Resources Corp. 25%
Designated Representative : BG Canada Exploration and Production, Inc
Exploration Licence: EL 429

Parcel CMV-5
(51,637 ha more or less)

Work expenditure bid: $ 3,510,000.00
Work deposit: $ 877,500.00
Issuance Fee: $ 2,250.00
Bidder: Paramount Resources Ltd 50%
Apache Canada Ltd 50%
Designated Representative : Paramount Resources Ltd
Exploration Licence: EL 430

Parcel CMV-6
(78,516 ha more or less)

Work expenditure bid: $ 2,787,792.16
Work deposit: $ 696,948.04
Issuance Fee: $ 1,500.00
Bidder: Petro-Canada
Designated Representative : Petro-Canada
Exploration Licence: EL 431

Parcel CMV-7
(64,048 ha more or less)

Work expenditure bid: $ 4,000,000.00
Work deposit: $ 1,000,000.00
Issuance Fee: $ 1,500.00
Bidder: BG Canada Exploration and Production, Inc 75%
International Frontier Resources Corp. 25%
Designated Representative : BG Canada Exploration and Production, Inc
Exploration Licence: EL 432

Parcel CMV-8
(88,004 ha more or less)

Work expenditure bid: $ 32,128,044.96
Work deposit: $ 8,032,011.24
Issuance Fee: $ 1,500.00
Bidder: Petro-Canada
Designated Representative : Petro-Canada
Exploration Licence: EL 433


Further information may be obtained by contacting

Northern Oil and Gas Management Directorate
Northern Affairs Program, 6th floor,
10 Wellington Street, Ottawa,
Ontario, K1A 0H4
Telephone: (819) 953-8529

Return to Table of Contents


Date modified: