Archived - 2006-2007 Central Mackenzie Valley

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Table of Contents


Call for Bids

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Call for Nominations

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Winning Bids

The Minister of Indian Affairs and Northern Development hereby gives notice of the bids which have been selected in response to the 2007 Central Mackenzie Valley Call for Bids. The call closed on May 8, 2007. Winning bidders having submitted work deposits representing 25% of their work proposal bid will be eligible to receive an exploration licence. In accordance with the requirements set out in the 2007 Central Mackenzie Valley Call for Bids, the following bids have been selected:

Map indicating Winning Bids   (1,324 Kb)


Parcel No. CMV-1
( 63,312 ha more or less)

Work expenditure bid: $8,260,000.00
Work deposit: $2,065,000.00
Issuance Fee: $750.00
Bidder: MGM Energy Corp - 100%
Designated Representative : MGM Energy Corp
Exploration Licence: EL442

 

Parcel No. CMV-2
(91,116 ha more or less)

Work expenditure bid: $4,888,888.00
Work deposit: $1,222,222.00
Issuance Fee: $2,000.00
Bidder: Husky Oil Operations Limited - 75%
International Frontier Resources Corporation - 25%
Designated Representative : Husky Oil Operations Limited
Exploration Licence: EL443

 

Parcel No. CMV-3
(74,604 ha more or less)

Work expenditure bid: $1,100,000.00
Work deposit: $ 275,000.00
Issuance Fee: $2,000.00
Bidder: BG International Limited - 100%
Designated Representative : BG International Limited
Exploration Licence: EL444

 

Parcel No. CMV-4
(81,292 ha more or less)

Work expenditure bid: $1,100,000.00
Work deposit: $ 275,000.00
Issuance Fee: $2,000.00
Bidder: BG International Limited - 75%
International Frontier Resources Corporation - 25%
Designated Representative : BG International Limited
Exploration Licence: EL445

 

Further information may be obtained by contacting

Mailing address:
Northern Oil and Gas Branch
Oil and Gas Management Directorate
Department of Indian and Northern Affairs
OTTAWA ON K1A 0H4

Courier only:
Northern Oil and Gas Branch
Department of Indian and Northern Affairs
10th Floor, 15/25 Eddy Street
GATINEAU QC K1A 0H4
Telephone: (819) 997-0877
Fax: (819) 953-5828

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