2011-2012 Central Mackenzie Valley

The Call for bids in the Central Mackenzie Valley
closed on June 19, 2012


Map indicating the 2011-2012 Call area for the Central Mackenzie Valley

Table of Contents


Winning Bids

Results of the 2011-2012 Call for Bids:
Central Mackenzie Valley

Date of results posting: June 27, 2012

The Minister of Indian Affairs and Northern Development hereby gives notice of the bids which have been selected in response to the 2011-2012 Central Mackenzie Valley Call for Bids. Bidding closed on June 19, 2012 and successful bids were received for all parcels totalling $92,141,308.00 in work proposal bids. In accordance with the requirements set out in the 2011-2012 Central Mackenzie Valley Call for Bids, the following bids have been selected:

Map indicating Winning Bids   (396 Kb)

Parcel CMV2012-01 (69,649 hectares more or less)
Work Proposal bid:
$76,864,864.00
Work Deposit:
$19,216,216.00
Issuance Fee:
$2,500.00
Bidder(s):
Shell Canada Limited - 100%
Designated Representative:

Shell Canada Limited
Exploration Licence:
EL486


Parcel CMV2012-02 (84,504 hectares more or less)
Work Proposal bid:
$15,276,444.00
Work Deposit:
$3,819,111.00
Issuance Fee:
$2,000.00
Bidder(s):
Shell Canada Limited - 75%
MGM Energy Corp. - 25%
Designated Representative:

Shell Canada Limited
Exploration Licence:
EL487

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 2011-2012 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@aandc-aadnc.gc.ca




Call for Bids

Date of launch: February 18, 2012
Closing date: June 19, 2012


Call for Nominations

Date of launch: December 15, 2011
Closing date: January 31, 2012