The Call for Bids in the Central Mackenzie Valley closed on July 6, 2010.
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The Minister of Indian Affairs and Northern Development hereby gives notice of the bid which has been selected in response to the 2009-2010 Central Mackenzie Valley Call for Bids. The Call closed on July 6, 2010. Winning bidders who submit 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 2009-2010 Central Mackenzie Valley Call for Bids, the following bid has been selected:
Map indicating Winning Bid (485 Kb)
(80,240 hectares more or less)
| Work expenditure bid: | $1,699,989.98 |
| Work deposit: | $424,997.50 |
| Issuance Fee: | $2,750.00 |
| Bidder: | MGM Energy Corp. - 100% |
| Designated Representative: | MGM Energy Corp. |
| Exploration Licence: | EL455 |
Further information may be obtained by contacting:
Mailing address:
Northern Oil and Gas Branch
Oil and Gas Management Directorate
Department of Indian and Northern Affairs
OTTAWA ON K1A 0H4
Courier only:
Northern Oil and Gas Branch
Oil and Gas Management Directorate
Department of Indian and Northern Affairs
10th Floor, 15/25 Eddy Street
GATINEAU QC K1A 0H4
Date of launch: March 6, 2010
Closing date: July 6, 2010
Date of launch: December 22, 2009
Closing date: January 28, 2010