Signifying the scale of interest in this long-dormant hydrocarbon region, the work commitments offered on the four parcels totalled C$186.4 million (US$175 million), the third largest in the history of Newfoundland&Labrador.
One notable player to have secured operating rights is Husky Energy, which landed 75% of Parcel 3 with Suncor Energy on 25% for a large bid of C$120.1 million, plus full control of Parcel 1 for C$10.2
