Archived - 2004-2005 Central Mackenzie Valley

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Table of Contents

Call for Bids

Call for Nominations

Winning Bids

The Minister of Indian Affairs and Northern Development hereby gives notice of the bids which have been selected in response to the 2005 Central Mackenzie Valley Call for Bids. The call closed on May 17, 2005. 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 2005 Central Mackenzie Valley Call for Bids, the following bids have been selected:

Map indicating Winning Bids   (308 Kb)


Parcel CMV-2

NO BIDS WERE RECEIVED FOR THIS PARCEL.

Parcel CMV-3
(81,008 ha more or less)

Work expenditure bid: $ 3,200,000.00
Work deposit: $ 800,000.00
Issuance Fee: $ 1,000.00
Bidder: Apache Canada Ltd 50%
Paramount Resources Ltd 50%
Designated Representative : Apache Canada Ltd
Exploration Licence: EL 428

Parcel CMV-4
(82,880 ha more or less)

Work expenditure bid: $ 12,500,000.00
Work deposit: $ 3,125,000.00
Issuance Fee: $ 2,000.00
Bidder: BG Canada Exploration and Production, Inc 75%
International Frontier Resources Corp. 25%
Designated Representative : BG Canada Exploration and Production, Inc
Exploration Licence: EL 429

Parcel CMV-5
(51,637 ha more or less)

Work expenditure bid: $ 3,510,000.00
Work deposit: $ 877,500.00
Issuance Fee: $ 2,250.00
Bidder: Paramount Resources Ltd 50%
Apache Canada Ltd 50%
Designated Representative : Paramount Resources Ltd
Exploration Licence: EL 430

Parcel CMV-6
(78,516 ha more or less)

Work expenditure bid: $ 2,787,792.16
Work deposit: $ 696,948.04
Issuance Fee: $ 1,500.00
Bidder: Petro-Canada
Designated Representative : Petro-Canada
Exploration Licence: EL 431

Parcel CMV-7
(64,048 ha more or less)

Work expenditure bid: $ 4,000,000.00
Work deposit: $ 1,000,000.00
Issuance Fee: $ 1,500.00
Bidder: BG Canada Exploration and Production, Inc 75%
International Frontier Resources Corp. 25%
Designated Representative : BG Canada Exploration and Production, Inc
Exploration Licence: EL 432

Parcel CMV-8
(88,004 ha more or less)

Work expenditure bid: $ 32,128,044.96
Work deposit: $ 8,032,011.24
Issuance Fee: $ 1,500.00
Bidder: Petro-Canada
Designated Representative : Petro-Canada
Exploration Licence: EL 433


Further information may be obtained by contacting

Northern Oil and Gas Management Directorate
Northern Affairs Program, 6th floor,
10 Wellington Street, Ottawa,
Ontario, K1A 0H4
Telephone: (819) 953-8529

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