ARCHIVED - 2003-2004 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 2004 Central Mackenzie Valley and Beaufort Sea/Mackenzie Delta Call for Bids. The call closed on June 7, 2004. 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 2004 Central Mackenzie Valley and Beaufort Sea/Mackenzie Delta Call for Bids, the following bids have been selected:

Map indicating Winning Bids   (162 Kb)

Parcel CMV-1
(90,632 ha more or less)

Work expenditure bid: $ 24,800,000.00
Work deposit: $ 6,200,000.00
Issuance Fee: $ 2,500.00
Bidder: Northrock Resources Ltd 32.5000%
Husky Oil Operations Limited 29.4775%
EOG Resources Canada Inc 26.3975%
International Frontier Resources Corporation 5.000%
Pacific Rodera Energy Inc 6.6250%
Designated Representative: Northrock Resources Ltd
Exploration Licence: EL 423

Parcel CMV-2

NO BIDS WERE RECEIVED FOR THIS PARCEL.

Parcel CMV-3
(80,608 ha more or less)

Work expenditure bid: $ 8,100,000.00
Work deposit: $ 2,025,000.00
Issuance Fee: $ 1,000.00
Bidder: Paramount Resources Ltd
Designated Representative: Paramount Resources Ltd
Exploration Licence: EL 424

Parcel CMV-4
(27,230 ha more or less)

Work expenditure bid: $ 22,000,000.00
Work deposit: $ 5,500,000.00
Issuance Fee: $ 1,000.00
Bidder: Petro-Canada
Designated Representative : Petro-Canada
Exploration Licence: EL 425

Parcel CMV-5
(36,728 ha more or less)

Work expenditure bid: $ 8,100,000.00
Work deposit: $ 2,025,000.00
Issuance Fee: $ 2,000.00
Bidder: Paramount Resources Ltd 50%
Apache Canada Ltd 50%
Designated Representative: Paramount Resources Ltd
Exploration Licence: EL 426


Further information may be obtained by contacting

Northern Oil and Gas Directorate,
Northern Affairs Program,
Indian and Northern Affairs Canada,
Ottawa, Ontario, K1A 0H4
Telephone: (819) 997-0221.

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