Three calls for nominations north of 60 degrees

Petroleum News Alaska Staff

The Minister of Indian Affairs and Northern Development has called for nominations for lands north of 60 degrees in the central Mackenzie Valley, Beaufort Sea/Mackenzie Delta and Arctic Islands of Nunavut.

Individuals and companies requesting posting of a parcel are expected to submit bids in response to the call for bids and the minister reserves the right to refuse future posting requests from those individuals and companies if a bid is not submitted.

The minister is not obliged to proceed with a call for bids for any lands posted.

Central Mackenzie Valley posting requests are due Dec. 10; minimum size is one section; exploration licenses issued in a subsequent call for bids would be for eight years, two consecutive periods of four years each.

Beaufort Sea/Mackenzie Delta posting requests are due Dec. 17; size of parcels posted differs according to area; term of exploration licenses issued in a subsequent call for bids would be nine years — two consecutive periods of five and four years.

Arctic Islands of Nunavut posting requests are due Jan. 7; size of posting varies by area. Term of exploration licenses to be issued in a subsequent call for bids would be nine years consisting of two consecutive periods of six and three years.

Fax the Northern Oil and Gas Directorate for more information at (819) 953-5828; or phone (819) 997-0877 or (819) 953-8529; or visit the directorate’s web site: http://www.ainc-inac.gc.ca/oil.