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.
27-year-old man charged with assault with a weapon after an incident at Margaret Bowater Park in Corner Brook
RCMP NL pleased with new Crime Dashboard and believes it will be an important tool in policing
Female Baseball Day at Jubilee Field in Corner Brook tomorrow; come out and try baseball
19-year-old Stephenville Crossing man charged after spraying bear spray at a graduation party
RCMP waiting on blood test to determine if a 67-year-old Stephenville man will be charged with impaired
