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.
Bay St. George RCMP looking to arrest Jordan Raymond Young, wanted on thefts and other charges
Miranda Spencer arrested after early morning robbery at a business on West Street in Corner Brook
Grenfell student union President says tuition freeze "isn't enough" and students here feel more "disconnected"
City staff tried to get 3 quotes but only one received for the play area outside the Marina Redmond Centre
New program coming to Corner Brook next week that helps get cancer patients to treatment appointments
