Industry Minister Andrew Parsons says they’ve been looking at the sale of various assets for the past few years and now, they want to see what type of interest is out there.
Government is moving ahead with Phase III of the review of the province’s current offshore oil and gas interests. Specific focus will be on the province’s 4.9 per cent equity position in Hebron, 8.7 per cent equity position in the Hibernia Southern Extension, five per cent equity position in the White Rose Extension project, and the asset within Oil and Gas Corporation of Newfoundland and Labrador. Industry Minister Andrew Parsons says they’ve been looking at the sale of various assets for the past few years and now, they want to see what type of interest is out there. Parsons says while government is aware of the value of oil and gas, it depends on what someone is willing to pay. He says government will always be guided by the goal of ensuring the greatest long-term benefits for residents.
Police find cocaine, MDMA, contraband cigarettes and cash during a search on a Corner Brook home this morning
Details coming Monday on the removal of MSC Baltic III from Cedar Cove
RCMP issue warning after dangerous synthetic opioid found in NL for the first time
61st annual Silver Blades Ice Show is tomorrow night at the Corner Brook Civic Centre
Corner Brook MHA concerned budget had nothing for family care team at the old hospital and YMCA daycare
