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.
78-year-old McIvers man appears in court charged with attempted murder
RCMP seizes a vehicle in Deer Lake on Wednesday, speeding, erratic driving and no insurance
Money available for communities looking to develop a wildfire prevention plan
78-year-old man charged with attempted murder after shooting incident in McIvers yesterday
Minimum wage in NL going up by $0.35 on April 1st
