Archived - 2010-2011 Central Mackenzie Valley

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The Call for Bids in the Central Mackenzie Valley
closed on June 21, 2011


Map indicating the 2010-2011 Call area for the Central Mackenzie Valley

Table of Contents

Winning Bids

Results of the 2010-2011 Call for Bids:
Central Mackenzie Valley

Date of results posting: July 4, 2011

The Minister of Indian Affairs and Northern Development hereby gives notice of the bids which have been selected in response to the 2010-2011 Central Mackenzie Valley Call for Bids. Bidding closed on June 21, 2011 and successful bids were received for all parcels totalling $534,192,015.48 in work proposal bids. In accordance with the requirements set out in the 2010-2011 Central Mackenzie Valley Call for Bids, the following bids have been selected:

Map indicating Winning Bids   (699 Kb)

Parcel CMV2011-01 (82,643 hectares more or less)
Work Proposal bid:
$1,512,121.99
Work Deposit:
$378,030.00
Issuance Fee:
$2,250.00
Bidder(s):
MGM Energy Corp. - 50%
6362 N.W.T. Limited - 50%
Designated Representative:
MGM Energy Corp.
Exploration Licence:
EL473


Parcel CMV2011-02 (87,948 hectares more or less)
Work Proposal bid:
$18,296,208.00
Work Deposit:
$4,574,052.00
Issuance Fee:
$1,750.00
Bidder(s):
Shell Canada Limited - 100%
Designated Representative:
Shell Canada Limited
Exploration Licence:
EL467


Parcel CMV2011-03 (88,848 hectares more or less)
Work Proposal bid:
$21,500,003.00
Work Deposit:
$5,375,000.00
Issuance Fee:
$1,250.00
Bidder(s):
Imperial Oil Resources Ventures Limited - 50%
ExxonMobil Canada Ltd. - 50%
Designated Representative:
Imperial Oil Resources Ventures Limited
Exploration Licence:
EL471


Parcel CMV2011-04 (87,748 hectares more or less)
Work Proposal bid:
$188,000,000.00
Work Deposit:
$47,000,000.00
Issuance Fee:
$1,250.00
Bidder(s):
Husky Oil Operations Limited - 100%
Designated Representative:
Husky Oil Operations Limited
Exploration Licence:
EL462


Parcel CMV2011-05 (86,602 hectares more or less)
Work Proposal bid:
$1,502,502.50
Work Deposit:
$375,626.00
Issuance Fee:
$1,250.00
Bidder(s):
MGM Energy Corp. - 50%
6362 N.W.T. Limited - 50%
Designated Representative:
MGM Energy Corp.
Exploration Licence:
EL474


Parcel CMV2011-06 (87,034 hectares more or less)
Work Proposal bid:
$188,000,000.00
Work Deposit:
$47,000,000.00
Issuance Fee:
$2,000.00
Bidder(s):
Husky Oil Operations Limited - 100%
Designated Representative:
Husky Oil Operations Limited
Exploration Licence:
EL463


Parcel CMV2011-07 (87,117 hectares more or less)
Work Proposal bid:
$18,098,660.00
Work Deposit:
$4,524,665.00
Issuance Fee:
$2,250.00
Bidder(s):
Shell Canada Limited - 100%
Designated Representative:
Shell Canada Limited
Exploration Licence:
EL468


Parcel CMV2011-08 (87,495 hectares more or less)
Work Proposal bid:
$66,712,035.00
Work Deposit:
$16,678,009.00
Issuance Fee:
$2,750.00
Bidder(s):
ConocoPhillips Canada Resources Corp. - 100%
Designated Representative:
ConocoPhillips Canada Resources Corp.
Exploration Licence:
EL470


Parcel CMV2011-09 (85,288 hectares more or less)
Work Proposal bid:
$2,021,212.99
Work Deposit:
$505,303.00
Issuance Fee:
$2,250.00
Bidder(s):
MGM Energy Corp. - 50%
6362 N.W.T. Limited - 50%
Designated Representative:
MGM Energy Corp.
Exploration Licence:
EL475


Parcel CMV2011-10
(26,533 hectares more or less)
Work Proposal bid:
$7,049,269.00
Work Deposit:
$1,762,317.00
Issuance Fee:
$1,250.00
Bidder(s):
Shell Canada Limited - 100%
Designated Representative:
Shell Canada Limited
Exploration Licence:
EL469


Parcel CMV2011-11 (90,632 hectares more or less)
Work Proposal bid:
$21,500,003.00
Work Deposit:
$5,375,000.00
Issuance Fee:
$2,500.00
Bidder(s):
Imperial Oil Resources Ventures Limited - 50%
ExxonMobil Canada Ltd. - 50%
Designated Representative:
Imperial Oil Resources Ventures Limited
Exploration Licence:
EL472


The work proposal bid represents the amount of money which the bidder intends to spend exploring the land parcel during the initial five-year period of a nine-year licence. Winning bidders who submit work deposits representing 25% of their work proposal bid will be eligible to receive an exploration licence. View the proposed exploration licence for the 2010-2011 Call for Bids.

Further Information may be obtained by contacting:

Oil and Gas Management Directorate
Northern Oil and Gas Branch
Aboriginal Affairs and Northern Development Canada
OTTAWA ON K1A 0H4
Telephone: 819-997-0877
Fax: 819-953-5828
Email: Rights@inac.gc.ca

Top
Table of Contents


Call for Bids

Date of launch: February 19, 2011
Closing date: June 21, 2011

Call for Bids Package

Download the complete 2010-2011 Central Mackenzie Valley
Call for Bids package   (810 Kb)

  1. Call for Bids - Terms and Conditions
  2. Maps & Shapefile of the Call for Bids
  3. Annexes

Call for Nominations

Date of launch: December 21, 2010
Closing date: February 1, 2011

Call for Nominations Package

Download the complete 2010-2011 Central Mackenzie Valley
Call for Nominations package   (397 Kb)

  1. Call for Nominations
    Maps of the Call Area
  2. Content of Posting Requests
  3. Submission of Posting Requests
  4. Priority of Posting
  5. Resulting Call for Bids
  6. Annexes

Proposed 2010-2011 Call for Bids

Download the proposed 2010-2011 Central Mackenzie Valley Call for Bids package   (113 Kb)

 

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