ARCHIVED - 2010-2011 Central Mackenzie Valley

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The Call for Bids in the Central Mackenzie Valley
closed on June 21, 2011


Map indicating the 2010-2011 Call area for the Central Mackenzie Valley

Table of Contents


Winning Bids

Results of the 2010-2011 Call for Bids:
Central Mackenzie Valley

Date of results posting: July 4, 2011

The Minister of Indian Affairs and Northern Development hereby gives notice of the bids which have been selected in response to the 2010-2011 Central Mackenzie Valley Call for Bids. Bidding closed on June 21, 2011 and successful bids were received for all parcels totalling $534,192,015.48 in work proposal bids. In accordance with the requirements set out in the 2010-2011 Central Mackenzie Valley Call for Bids, the following bids have been selected:

Map indicating Winning Bids   (699 Kb)

Parcel CMV2011-01 (82,643 hectares more or less)
Work Proposal bid:
$1,512,121.99
Work Deposit:
$378,030.00
Issuance Fee:
$2,250.00
Bidder(s):
MGM Energy Corp. - 50%
6362 N.W.T. Limited - 50%
Designated Representative:
MGM Energy Corp.
Exploration Licence:
EL473


Parcel CMV2011-02 (87,948 hectares more or less)
Work Proposal bid:
$18,296,208.00
Work Deposit:
$4,574,052.00
Issuance Fee:
$1,750.00
Bidder(s):
Shell Canada Limited - 100%
Designated Representative:
Shell Canada Limited
Exploration Licence:
EL467


Parcel CMV2011-03 (88,848 hectares more or less)
Work Proposal bid:
$21,500,003.00
Work Deposit:
$5,375,000.00
Issuance Fee:
$1,250.00
Bidder(s):
Imperial Oil Resources Ventures Limited - 50%
ExxonMobil Canada Ltd. - 50%
Designated Representative:
Imperial Oil Resources Ventures Limited
Exploration Licence:
EL471


Parcel CMV2011-04 (87,748 hectares more or less)
Work Proposal bid:
$188,000,000.00
Work Deposit:
$47,000,000.00
Issuance Fee:
$1,250.00
Bidder(s):
Husky Oil Operations Limited - 100%
Designated Representative:
Husky Oil Operations Limited
Exploration Licence:
EL462


Parcel CMV2011-05 (86,602 hectares more or less)
Work Proposal bid:
$1,502,502.50
Work Deposit:
$375,626.00
Issuance Fee:
$1,250.00
Bidder(s):
MGM Energy Corp. - 50%
6362 N.W.T. Limited - 50%
Designated Representative:
MGM Energy Corp.
Exploration Licence:
EL474


Parcel CMV2011-06 (87,034 hectares more or less)
Work Proposal bid:
$188,000,000.00
Work Deposit:
$47,000,000.00
Issuance Fee:
$2,000.00
Bidder(s):
Husky Oil Operations Limited - 100%
Designated Representative:
Husky Oil Operations Limited
Exploration Licence:
EL463


Parcel CMV2011-07 (87,117 hectares more or less)
Work Proposal bid:
$18,098,660.00
Work Deposit:
$4,524,665.00
Issuance Fee:
$2,250.00
Bidder(s):
Shell Canada Limited - 100%
Designated Representative:
Shell Canada Limited
Exploration Licence:
EL468


Parcel CMV2011-08 (87,495 hectares more or less)
Work Proposal bid:
$66,712,035.00
Work Deposit:
$16,678,009.00
Issuance Fee:
$2,750.00
Bidder(s):
ConocoPhillips Canada Resources Corp. - 100%
Designated Representative:
ConocoPhillips Canada Resources Corp.
Exploration Licence:
EL470


Parcel CMV2011-09 (85,288 hectares more or less)
Work Proposal bid:
$2,021,212.99
Work Deposit:
$505,303.00
Issuance Fee:
$2,250.00
Bidder(s):
MGM Energy Corp. - 50%
6362 N.W.T. Limited - 50%
Designated Representative:
MGM Energy Corp.
Exploration Licence:
EL475


Parcel CMV2011-10
(26,533 hectares more or less)
Work Proposal bid:
$7,049,269.00
Work Deposit:
$1,762,317.00
Issuance Fee:
$1,250.00
Bidder(s):
Shell Canada Limited - 100%
Designated Representative:
Shell Canada Limited
Exploration Licence:
EL469


Parcel CMV2011-11 (90,632 hectares more or less)
Work Proposal bid:
$21,500,003.00
Work Deposit:
$5,375,000.00
Issuance Fee:
$2,500.00
Bidder(s):
Imperial Oil Resources Ventures Limited - 50%
ExxonMobil Canada Ltd. - 50%
Designated Representative:
Imperial Oil Resources Ventures Limited
Exploration Licence:
EL472


The work proposal bid represents the amount of money which the bidder intends to spend exploring the land parcel during the initial five-year period of a nine-year licence. Winning bidders who submit work deposits representing 25% of their work proposal bid will be eligible to receive an exploration licence. View the proposed exploration licence for the 2010-2011 Call for Bids.

Further Information may be obtained by contacting:

Oil and Gas Management Directorate
Northern Oil and Gas Branch
Aboriginal Affairs and Northern Development Canada
OTTAWA ON K1A 0H4
Telephone: 819-997-0877
Fax: 819-953-5828
Email: Rights@inac.gc.ca

Top
Table of Contents



Call for Bids

Date of launch: February 19, 2011
Closing date: June 21, 2011

Call for Bids Package


Call for Nominations

Date of launch: December 21, 2010
Closing date: February 1, 2011

Call for Nominations Package

Proposed 2010-2011 Call for Bids


 
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